Varonis Systems, Inc. (BIT:1VRNS)

Varonis Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	199.23	185.59	230.74	367.8	805.76	234.09
Short-Term Investments	608.22	382.83	302.98	364.69	1.85	64.17
Cash & Short-Term Investments	807.45	568.42	533.72	732.49	807.61	298.26
Cash Growth	28.72%	6.50%	-27.14%	-9.30%	170.77%	147.60%
Accounts Receivable	149.7	192.83	169.12	135.98	117.18	94.23
Other Current Assets	111.21	116.82	64.33	37.19	34.42	27.36
Total Current Assets	1,068	878.07	767.16	905.66	959.21	419.85
Net Property, Plant & Equipment	74.83	76.39	85.8	95.82	102.05	85.09
Other Intangible Assets	67.87	27.78	16.75	19.13	24.15	27.41
Goodwill	101.77	50.92	38.63	39.47	42.97	44.7
Long-Term Investments	364.2	658.9	211.06	-	-	-
Total Assets	1,615	1,664	1,104	1,044	1,109	555.48
Accounts Payable	7.12	4.31	0.67	2.96	5.32	0.85
Accrued Expenses	190.34	164.93	125.06	115.23	102.23	83.2
Short-Term Debt	251.15	250.53	-	-	-	-
Unearned Revenue	322.79	290.11	181.05	110.55	104.22	98.59
Total Current Liabilities	771.4	709.89	306.78	228.74	211.77	182.64
Long-Term Debt	451.25	450.24	250.48	248.96	225.33	218.46
Long-Term Leases	39.87	42.79	51.31	57.63	68.69	54.54
Other Long-Term Liabilities	11	5.7	5.69	6.27	6.15	5.78
Total Long-Term Liabilities	502.12	498.73	307.48	312.86	300.17	278.78
Total Liabilities	1,274	1,209	614.26	541.61	511.94	461.41
Common Stock	0.11	0.11	0.11	0.11	0.11	0.1
Additional Paid-in Capital	1,139	1,193	1,143	1,055	1,018	395.35
Accumulated Other Comprehensive Income	14.5	2.68	-8.65	-9.56	6.08	9.37
Retained Earnings	-811.76	-740.16	-644.39	-543.47	-427.6	-310.74
Shareholders' Equity	341.5	455.66	489.65	502.13	596.59	94.07
Total Liabilities & Equity	1,615	1,664	1,104	1,044	1,109	555.48
Total Debt	742.26	743.56	301.79	306.59	294.02	273
Net Cash (Debt)	65.19	-175.14	231.93	425.9	513.59	25.26
Net Cash Growth	-	-	-45.54%	-17.07%	1933.04%	-60.17%
Net Cash Per Share	0.58	-1.57	2.13	3.90	4.88	0.27
Book Value	341.5	455.66	489.65	502.13	596.59	94.07
Book Value Per Share	3.04	4.08	4.49	4.59	5.67	1.00
Tangible Book Value	171.86	376.96	434.27	443.53	529.48	21.96
Tangible Book Value Per Share	1.53	3.38	3.98	4.06	5.03	0.23

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.