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Varonis Systems VRNS Operating Lease ROU Assets

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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-21.9%
Enterprise value$4.78B-24.6%
P/S7.1×-3.4×

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:OperatingLeaseRightOfUseAsset.

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
Line itemJune 30, 2026December 31, 2025
Total current assets996,9521,298,555
Long-term assets:
Long-term marketable securities213,260187,202
Operating lease right-of-use assets61,82657,677
Property and equipment, net40,31436,032
Intangible assets, net56,00616,687
Goodwill215,082135,276
Other assets70,95560,183

Item 1. Financial Statements

FAQ

What is Varonis Systems's operating lease ROU assets?
Varonis Systems (VRNS) reported operating lease ROU assets of $61.83M in Q2 2026.
How has Varonis Systems's operating lease ROU assets changed year-over-year?
Varonis Systems's operating lease ROU assets increased by 218466430995.4% year-over-year, from $0.03 to $61.83M.
What is the long-term trend for Varonis Systems's operating lease ROU assets?
Over 5 years (2020 to 2025), Varonis Systems's operating lease ROU assets has grown at a 3.8% compound annual growth rate (CAGR), from $47.92M to $57.68M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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