Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · Real-Time Price · USD
59.98
-0.75 (-1.23%)
At close: Oct 7, 2025, 4:00 PM EDT
60.00
+0.02 (0.03%)
After-hours: Oct 7, 2025, 6:54 PM EDT

Varonis Systems Statistics

Total Valuation

Varonis Systems has a market cap or net worth of $6.72 billion. The enterprise value is $6.30 billion.

Market Cap6.72B
Enterprise Value 6.30B

Important Dates

The next estimated earnings date is Tuesday, October 28, 2025, after market close.

Earnings Date Oct 28, 2025
Ex-Dividend Date n/a

Share Statistics

Varonis Systems has 112.05 million shares outstanding. The number of shares has increased by 2.08% in one year.

Current Share Class 112.05M
Shares Outstanding 112.05M
Shares Change (YoY) +2.08%
Shares Change (QoQ) -0.53%
Owned by Insiders (%) 2.30%
Owned by Institutions (%) 107.18%
Float 109.47M

Valuation Ratios

PE Ratio n/a
Forward PE 307.27
PS Ratio 11.32
Forward PS 9.67
PB Ratio 19.68
P/TBV Ratio 22.71
P/FCF Ratio 53.85
P/OCF Ratio 49.38
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 10.59
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 50.50

Financial Position

The company has a current ratio of 1.38, with a Debt / Equity ratio of 2.21.

Current Ratio 1.38
Quick Ratio 1.24
Debt / Equity 2.21
Debt / EBITDA n/a
Debt / FCF 6.04
Interest Coverage -11.40

Financial Efficiency

Return on equity (ROE) is -25.73% and return on invested capital (ROIC) is -7.67%.

Return on Equity (ROE) -25.73%
Return on Assets (ROA) -5.27%
Return on Invested Capital (ROIC) -7.67%
Return on Capital Employed (ROCE) -13.54%
Revenue Per Employee $247,368
Profits Per Employee -$42,782
Employee Count2,406
Asset Turnover 0.44
Inventory Turnover n/a

Taxes

In the past 12 months, Varonis Systems has paid $16.19 million in taxes.

Income Tax 16.19M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +6.20% in the last 52 weeks. The beta is 0.64, so Varonis Systems's price volatility has been lower than the market average.

Beta (5Y) 0.64
52-Week Price Change +6.20%
50-Day Moving Average 57.37
200-Day Moving Average 48.26
Relative Strength Index (RSI) 58.21
Average Volume (20 Days) 1,397,396

Short Selling Information

The latest short interest is 5.77 million, so 5.15% of the outstanding shares have been sold short.

Short Interest 5.77M
Short Previous Month 5.76M
Short % of Shares Out 5.15%
Short % of Float 5.27%
Short Ratio (days to cover) 4.42

Income Statement

In the last 12 months, Varonis Systems had revenue of $595.17 million and -$102.93 million in losses. Loss per share was -$0.92.

Revenue595.17M
Gross Profit 484.84M
Operating Income -114.23M
Pretax Income -86.74M
Net Income -102.93M
EBITDA -103.88M
EBIT -114.23M
Loss Per Share -$0.92
Full Income Statement

Balance Sheet

The company has $807.45 million in cash and $753.66 million in debt, giving a net cash position of $417.99 million or $3.73 per share.

Cash & Cash Equivalents 807.45M
Total Debt 753.66M
Net Cash 417.99M
Net Cash Per Share $3.73
Equity (Book Value) 341.50M
Book Value Per Share 3.05
Working Capital 296.97M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $136.10 million and capital expenditures -$11.29 million, giving a free cash flow of $124.81 million.

Operating Cash Flow 136.10M
Capital Expenditures -11.29M
Free Cash Flow 124.81M
FCF Per Share $1.11
Full Cash Flow Statement

Margins

Gross margin is 81.46%, with operating and profit margins of -19.19% and -17.29%.

Gross Margin 81.46%
Operating Margin -19.19%
Pretax Margin -14.57%
Profit Margin -17.29%
EBITDA Margin -17.45%
EBIT Margin -19.19%
FCF Margin 20.97%

Dividends & Yields

Varonis Systems does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -2.08%
Shareholder Yield -2.08%
Earnings Yield -1.53%
FCF Yield 1.86%
Dividend Details

Analyst Forecast

The average price target for Varonis Systems is $64.41, which is 7.39% higher than the current price. The consensus rating is "Buy".

Price Target $64.41
Price Target Difference 7.39%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 15.16%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

Stock Splits

The last stock split was on March 15, 2021. It was a forward split with a ratio of 3:1.

Last Split Date Mar 15, 2021
Split Type Forward
Split Ratio 3:1

Scores

Varonis Systems has an Altman Z-Score of 2.21 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.21
Piotroski F-Score 2