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Varonis Systems VRNS Increase (Decrease) in Prepaid Expense and Other Assets

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Other financials

Income statement

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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

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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

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Operating cash flow$55.0M-19.1%
CapEx$5.0M+113%
Free cash flow$50.1M-23.7%

Valuation

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Market cap$4.02B-44.6%

Profitability

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Gross margin78.1%-4.2pp
Operating margin-22.3%+3.1pp
Net margin-19.7%+6.4pp
FCF margin18.1%-2.5pp

Returns & leverage

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Return on equity-31.8%+24.0pp
Debt / equity0.2×-0.7×
Current ratio1.7×+0.5×

Where this comes from

Reported directly by Varonis Systems in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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

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Questions, answered.

What is Varonis Systems's increase (decrease) in prepaid expense and other assets?
Varonis Systems (VRNS) reported increase (decrease) in prepaid expense and other assets of $2.55M in Q1 2026.
How has Varonis Systems's increase (decrease) in prepaid expense and other assets changed year-over-year?
Varonis Systems's increase (decrease) in prepaid expense and other assets increased by 123.0% year-over-year, from -$11.08M to $2.55M.
What is the long-term trend for Varonis Systems's increase (decrease) in prepaid expense and other assets?
Over 3 years (2021 to 2024), Varonis Systems's increase (decrease) in prepaid expense and other assets has grown at a 311.8% compound annual growth rate (CAGR), from $506K to $35.33M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.