What is Varonis Systems's payments to develop software?

Varonis Systems (VRNS) reported payments to develop software of $672K in Q2 2026.

How has Varonis Systems's payments to develop software changed year-over-year?

Varonis Systems's payments to develop software increased by 3.4% year-over-year, from $650K to $672K.

Varonis Systems VRNS Payments To Develop Software

Payments To Develop Software at other companies

Conduent IncorporatedCNDT

$5M+25.0%

Playtika Holding Corp.PLTK

$8.9M+7.2%

BlackbaudBLKB

$13.33M-10.0%

CarGurus, Inc.CARG

$6.3M+16.9%

Asure SoftwareASUR

$3.24M+16.9%

HitachiHIT

$362.13K-48.5%

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$233.6M+17.3%

Total debt$62.9M-79.2%

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$5.36B-12.0%

Enterprise value$5.19B-16.2%

P/S7.8×-2.4×

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 / equity0.1×-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:PaymentsToDevelopSoftware.

The official record: Varonis Systems’s 8-K, filed July 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Varonis Systems's payments to develop software?: Varonis Systems (VRNS) reported payments to develop software of $672K in Q2 2026.
How has Varonis Systems's payments to develop software changed year-over-year?: Varonis Systems's payments to develop software increased by 3.4% year-over-year, from $650K to $672K.