Skip to content
Screener

Varonis Systems VRNS Return on invested capital

Return on invested capital at other companies

Microsoft logo
MicrosoftMSFT
25.6%-2.0pp
Palo Alto Networks, Inc. logo
Palo Alto Networks, Inc.PANW
5.1%-19.3pp
PDF Solutions logo
PDF SolutionsPDFS
3.9%+3.9pp
VirnetX Holding Corp logo
VirnetX Holding CorpVHC
-122.4%+326pp
Commvault Systems logo
Commvault SystemsCVLT
436.8%
SentinelOne logo
SentinelOneS
-23.4%-0.2pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$4.87B-21.9%
Enterprise value$4.78B-24.6%
P/S7.1×-3.4×

Profitability

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

Returns & leverage

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

Where this comes from

Calculated from Varonis Systems’s reported figures.

Based on trailing twelve months.

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

Filed
Jul 29, 2026, 4:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050630

FAQ

What is Varonis Systems's return on invested capital?
Varonis Systems (VRNS) reported return on invested capital of -37.9% in Q2 2026.
How has Varonis Systems's return on invested capital changed year-over-year?
Varonis Systems's return on invested capital decreased by 25.3% year-over-year, from -30.2% to -37.9%.
What is the long-term trend for Varonis Systems's return on invested capital?
Over 2 years (2023 to 2025), Varonis Systems's return on invested capital has grown at a -20.8% compound annual growth rate (CAGR), from -44.9% to -28.2%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

Ask your AI about Varonis Systems's return on invested capital.

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

Connect your AI
Harbor at dusk
Claude