Varonis Systems, Inc. (VRNS)

Varonis Systems Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	233.64	202.48	185.59	230.74	367.8	805.76
Short-Term Investments	464.62	718.48	382.83	304.01	365.09	2.18
Cash & Short-Term Investments	698.27	920.97	568.42	534.75	732.89	807.94
Cash Growth	-13.52%	62.02%	6.30%	-27.04%	-9.29%	170.56%
Accounts Receivable	150.9	242.82	192.83	169.12	135.98	117.18
Other Receivables	-	46.52	46.05	15.41	7.18	3.33
Receivables	150.9	289.34	238.89	184.52	143.16	120.51
Prepaid Expenses	121.29	20.92	28.54	22.78	10.22	6.75
Other Current Assets	26.5	67.33	42.23	25.1	19.39	24.01
Total Current Assets	996.95	1,299	878.07	767.16	905.66	959.21
Property, Plant & Equipment	102.14	93.71	76.39	85.8	95.82	102.05
Long-Term Investments	213.26	187.2	658.9	211.06	-	-
Goodwill	215.08	135.28	23.14	23.14	23.14	23.14
Other Intangible Assets	56.01	16.69	-	1.26	2.79	4.31
Other Long-Term Assets	70.96	60.18	27.78	15.49	16.34	19.84
Total Assets	1,654	1,792	1,664	1,104	1,044	1,109

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	12.33	5.74	4.31	0.67	2.96	5.32
Accrued Expenses	160.45	213.16	151.18	115	97.91	93.37
Current Portion of Long-Term Debt	-	-	250.53	-	-	-
Current Portion of Leases	12.24	9.74	10.85	10.05	9.87	8.79
Current Unearned Revenue	420.2	427.81	290.11	181.05	110.55	104.22
Other Current Liabilities	0.72	2.52	2.9	0.01	7.45	0.06
Total Current Liabilities	605.94	658.96	709.89	306.78	228.74	211.77
Long-Term Debt	453.28	452.26	450.24	250.48	248.96	225.33
Long-Term Leases	62.85	59.75	42.79	51.31	57.63	68.69
Long-Term Unearned Revenue	15.37	14.41	2.21	0.89	1.5	2.57
Pension & Post-Retirement Benefits	-	3.01	2.95	2.74	2.36	2.88
Other Long-Term Liabilities	72.46	4.57	0.54	2.06	2.41	0.71
Total Liabilities	1,210	1,193	1,209	614.26	541.61	511.94

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.12	0.12	0.11	0.11	0.11	0.11
Additional Paid-In Capital	1,370	1,445	1,193	1,143	1,055	1,018
Retained Earnings	-953.14	-869.48	-740.16	-644.39	-543.47	-427.6
Comprehensive Income & Other	27.16	23.13	2.68	-8.65	-9.56	6.08
Shareholders' Equity	444.49	598.66	455.66	489.65	502.13	596.59
Total Liabilities & Equity	1,654	1,792	1,664	1,104	1,044	1,109

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	528.37	521.75	754.41	311.84	316.46	302.82
Net Cash (Debt)	383.15	586.42	472.91	433.98	416.43	505.12
Net Cash Growth	-8.34%	24.00%	8.97%	4.21%	-17.56%	1871.65%
Net Cash Per Share	3.31	5.13	4.24	3.98	3.81	4.80
Filing Date Shares Outstanding	114.86	117.45	112.55	109.1	107.62	107.51
Total Common Shares Outstanding	114.85	117.55	112.55	109.1	107.67	107.51
Working Capital	391.01	639.6	168.19	460.38	676.91	747.44
Book Value Per Share	3.87	5.09	4.05	4.49	4.66	5.55
Tangible Book Value	173.41	446.69	432.52	465.25	476.2	569.15
Tangible Book Value Per Share	1.51	3.80	3.84	4.26	4.42	5.29
Machinery	-	38.82	37.01	33.61	34.72	29.98
Leasehold Improvements	-	49.79	45.06	45.88	45.52	42.42

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 23, 2026

Data Sources Report a data error