Varonis Systems Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	179.34	202.48	185.59	230.74	367.8	805.76
Short-Term Investments	606.57	718.48	382.83	302.98	364.69	1.85
Cash & Short-Term Investments	785.91	920.97	568.42	533.72	732.49	807.61
Cash Growth	29.00%	62.02%	6.50%	-27.14%	-9.30%	170.77%
Accounts Receivable	156.62	242.82	192.83	169.12	135.98	117.18
Other Current Assets	138.51	134.77	116.82	64.33	37.19	34.42
Total Current Assets	1,081	1,299	878.07	767.16	905.66	959.21
Net Property, Plant & Equipment	96.57	93.71	76.39	85.8	95.82	102.05
Other Intangible Assets	56.6	16.69	-	1.26	2.79	4.31
Goodwill	216.8	135.28	23.14	23.14	23.14	23.14
Long-Term Investments	113.61	187.2	658.9	211.06	-	-
Other Long-Term Assets	69.96	60.18	27.78	15.49	16.34	19.84
Total Assets	1,635	1,792	1,664	1,104	1,044	1,109
Accounts Payable	10.76	5.74	4.31	0.67	2.96	5.32
Accrued Expenses	211.47	225.41	164.93	125.06	115.23	102.23
Current Portion of Long-Term Debt	-	-	250.53	-	-	-
Unearned Revenue	416.38	427.81	290.11	181.05	110.55	104.22
Total Current Liabilities	638.61	658.96	709.89	306.78	228.74	211.77
Long-Term Debt	452.77	452.26	450.24	250.48	248.96	225.33
Long-Term Leases	58.43	59.75	42.79	51.31	57.63	68.69
Other Long-Term Liabilities	31.25	21.99	5.7	5.69	6.27	6.15
Total Long-Term Liabilities	542.45	534	498.73	307.48	312.86	300.17
Total Liabilities	1,181	1,193	1,209	614.26	541.61	511.94
Common Stock	0.12	0.12	0.11	0.11	0.11	0.11
Additional Paid-in Capital	1,339	1,445	1,193	1,143	1,055	1,018
Accumulated Other Comprehensive Income	20.53	23.13	2.68	-8.65	-9.56	6.08
Retained Earnings	-906.33	-869.48	-740.16	-644.39	-543.47	-427.6
Shareholders' Equity	453.51	598.66	455.66	489.65	502.13	596.59
Total Liabilities & Equity	1,635	1,792	1,664	1,104	1,044	1,109
Total Debt	511.2	512.01	743.56	301.79	306.59	294.02
Net Cash (Debt)	274.71	408.96	-175.14	231.93	425.9	513.59
Net Cash Growth	-32.83%	-	-	-45.54%	-17.07%	1933.04%
Net Cash Per Share	2.38	3.57	-1.57	2.13	3.90	4.88
Book Value	453.51	598.66	455.66	489.65	502.13	596.59
Book Value Per Share	3.94	5.23	4.08	4.49	4.59	5.67
Tangible Book Value	180.12	446.69	432.52	465.25	476.2	569.15
Tangible Book Value Per Share	1.56	3.90	3.87	4.26	4.36	5.40

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q