Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · Real-Time Price · USD
33.08
-0.78 (-2.30%)
At close: Jun 17, 2026, 4:00 PM EDT
32.78
-0.30 (-0.91%)
After-hours: Jun 17, 2026, 6:59 PM EDT

Varonis Systems Statistics

Total Valuation

Varonis Systems has a market cap or net worth of $3.80 billion. The enterprise value is $3.42 billion.

Market Cap3.80B
Enterprise Value 3.42B

Important Dates

The next estimated earnings date is Tuesday, July 28, 2026, after market close.

Earnings Date Jul 28, 2026
Ex-Dividend Date n/a

Share Statistics

Varonis Systems has 114.81 million shares outstanding. The number of shares has increased by 2.56% in one year.

Current Share Class 114.81M
Shares Outstanding 114.81M
Shares Change (YoY) +2.56%
Shares Change (QoQ) -1.75%
Owned by Insiders (%) 3.03%
Owned by Institutions (%) 101.95%
Float 111.33M

Valuation Ratios

PE Ratio n/a
Forward PE 257.23
PS Ratio 5.75
Forward PS 4.95
PB Ratio 8.37
P/TBV Ratio 21.09
P/FCF Ratio 31.86
P/OCF Ratio 28.24
PEG Ratio 6.43
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 5.18
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 28.69

Financial Position

The company has a current ratio of 1.69, with a Debt / Equity ratio of 1.15.

Current Ratio 1.69
Quick Ratio 1.48
Debt / Equity 1.15
Debt / EBITDA n/a
Debt / FCF 4.38
Interest Coverage -13.72

Financial Efficiency

Return on equity (ROE) is -31.76% and return on invested capital (ROIC) is -8.71%.

Return on Equity (ROE) -31.76%
Return on Assets (ROA) -5.69%
Return on Invested Capital (ROIC) -8.71%
Return on Capital Employed (ROCE) -14.67%
Weighted Average Cost of Capital (WACC) 8.14%
Revenue Per Employee $248,395
Profits Per Employee -$49,058
Employee Count2,658
Asset Turnover 0.41
Inventory Turnover n/a

Taxes

In the past 12 months, Varonis Systems has paid $5.86 million in taxes.

Income Tax 5.86M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -33.10% in the last 52 weeks. The beta is 0.87, so Varonis Systems's price volatility has been lower than the market average.

Beta (5Y) 0.87
52-Week Price Change -33.10%
50-Day Moving Average 28.53
200-Day Moving Average 35.32
Relative Strength Index (RSI) 58.20
Average Volume (20 Days) 1,620,869

Short Selling Information

The latest short interest is 9.70 million, so 8.45% of the outstanding shares have been sold short.

Short Interest 9.70M
Short Previous Month 9.49M
Short % of Shares Out 8.45%
Short % of Float 8.72%
Short Ratio (days to cover) 3.68

Income Statement

In the last 12 months, Varonis Systems had revenue of $660.24 million and -$130.40 million in losses. Loss per share was -$1.13.

Revenue660.24M
Gross Profit 515.71M
Operating Income -146.09M
Pretax Income -124.54M
Net Income -130.40M
EBITDA -131.85M
EBIT -146.09M
Loss Per Share -$1.13
Full Income Statement

Balance Sheet

The company has $785.91 million in cash and $522.17 million in debt, with a net cash position of $377.35 million or $3.29 per share.

Cash & Cash Equivalents 785.91M
Total Debt 522.17M
Net Cash 377.35M
Net Cash Per Share $3.29
Equity (Book Value) 453.51M
Book Value Per Share 3.95
Working Capital 442.42M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $134.47 million and capital expenditures -$15.26 million, giving a free cash flow of $119.21 million.

Operating Cash Flow 134.47M
Capital Expenditures -15.26M
Depreciation & Amortization 14.24M
Net Borrowing -137,000
Free Cash Flow 119.21M
FCF Per Share $1.04
Full Cash Flow Statement

Margins

Gross margin is 78.11%, with operating and profit margins of -22.13% and -19.75%.

Gross Margin 78.11%
Operating Margin -22.13%
Pretax Margin -18.86%
Profit Margin -19.75%
EBITDA Margin -19.97%
EBIT Margin -22.13%
FCF Margin 18.06%

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 -2.56%
Shareholder Yield -2.56%
Earnings Yield -3.43%
FCF Yield 3.14%

Analyst Forecast

The average price target for Varonis Systems is $36.32, which is 9.79% higher than the current price. The consensus rating is "Buy".

Price Target $36.32
Price Target Difference 9.79%
Analyst Consensus Buy
Analyst Count 24
Revenue Growth Forecast (3Y) 17.60%
EPS Growth Forecast (3Y) 58.41%
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 2.12 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.12
Piotroski F-Score 3