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Varonis Systems VRNS Operating Lease Liability - Undiscounted Excess Amount

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Other financials

Income statement

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Revenue$180.0M+18.3%
Gross profit$135.5M+12.1%
Operating income-$40.6M-11.2%
Net income-$46.8M-30.7%
EPS (diluted)-$0.41-28.1%

Balance sheet

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Cash & equivalents$165.9M-16.7%
Total debt$75.1M-75.2%
Total equity$444.5M+30.2%
Total assets$1.7B+2.4%

Cash flow

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Operating cash flow$25.1M+17.5%
CapEx$4.4M+29.7%
Free cash flow$20.7M+15.2%

Valuation

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Market cap$4.87B-20.0%
Enterprise value$4.78B-22.8%
P/S7.1×-3.2×

Profitability

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Gross margin77.1%-4.4pp
Operating margin-22%+1.8pp
Net margin-20.5%+4.8pp
FCF margin17.7%-3.2pp

Returns & leverage

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Return on equity-36%+23.8pp
Debt / equity0.2×-0.7×
Current ratio1.6×+0.3×

Where this comes from

Reported directly by Varonis Systems in its filing.

Tagged under the XBRL concept us-gaap:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

The source filing: Varonis Systems’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050630
202715,280
202811,550
202913,321
203012,345
Thereafter27,532
Total undiscounted lease payments$$87,884
Less: Imputed interest$$(12,788)
Present value of lease liabilities$$75,096

Item 1. Financial Statements

FAQ

What is Varonis Systems's operating lease liability - undiscounted excess amount?
Varonis Systems (VRNS) reported operating lease liability - undiscounted excess amount of $12.79M in Q2 2026.
How has Varonis Systems's operating lease liability - undiscounted excess amount changed year-over-year?
Varonis Systems's operating lease liability - undiscounted excess amount increased by 293.2% year-over-year, from $3.25M to $12.79M.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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