What is Varonis Systems's cash ratio?

Varonis Systems (VRNS) reported cash ratio of 0.3× in Q1 2026.

How has Varonis Systems's cash ratio changed year-over-year?

Varonis Systems's cash ratio increased by 30.2% year-over-year, from 0.2× to 0.3×.

What is the long-term trend for Varonis Systems's cash ratio?

Over 5 years (2020 to 2025), Varonis Systems's cash ratio has grown at a -24.8% compound annual growth rate (CAGR), from 1.3× to 0.3×.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Varonis Systems VRNS Cash ratio

Cash ratio at other companies

MicrosoftMSFT

0.2×0.0×

Palo Alto Networks, Inc.PANW

0.3×0.0×

CrowdStrike Holdings, Inc.CRWD

1.1×-0.3×

RubrikRBRK

0.3×0.0×

Commvault SystemsCVLT

1.4×+0.8×

SentinelOneS

0.3×-0.1×

Other financials

Income statement

See full

Revenue$173.1M+26.9%

Gross profit$131.6M+22.5%

Operating income-$44.5M-1.6%

Net income-$36.9M-3.0%

EPS (diluted)-$0.320.0%

Balance sheet

See full

Cash & equivalents$179.3M+17.1%

Total debt$69.4M-77.0%

Total equity$453.5M+23.3%

Total assets$1.6B+3.6%

Cash flow

See full

Operating cash flow$55.0M-19.1%

CapEx$5.0M+113%

Free cash flow$50.1M-23.7%

Valuation

See full

Market cap$4.02B-44.6%

Profitability

See full

Gross margin78.1%-4.2pp

Operating margin-22.3%+3.1pp

Net margin-19.7%+6.4pp

FCF margin18.1%-2.5pp

Returns & leverage

See full

Return on equity-31.8%+24.0pp

Debt / equity0.2×-0.7×

Current ratio1.7×+0.5×

Where this comes from

Calculated from Varonis Systems’s reported figures.

cash and equivalents/total current liabilities=0.3×

Based on the most recent quarter.

The official record: Varonis Systems’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Varonis Systems's cash ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Varonis Systems's cash ratio?: Varonis Systems (VRNS) reported cash ratio of 0.3× in Q1 2026.
How has Varonis Systems's cash ratio changed year-over-year?: Varonis Systems's cash ratio increased by 30.2% year-over-year, from 0.2× to 0.3×.
What is the long-term trend for Varonis Systems's cash ratio?: Over 5 years (2020 to 2025), Varonis Systems's cash ratio has grown at a -24.8% compound annual growth rate (CAGR), from 1.3× to 0.3×.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.