Varonis Systems, Inc. (VRNS)
NASDAQ: VRNS · Real-Time Price · USD
39.93
-0.72 (-1.77%)
At close: Jul 30, 2026, 4:00 PM EDT
39.92
-0.01 (-0.03%)
After-hours: Jul 30, 2026, 7:34 PM EDT

Varonis Systems Statistics

Total Valuation

Varonis Systems has a market cap or net worth of $4.59 billion. The enterprise value is $4.20 billion.

Market Cap4.59B
Enterprise Value 4.20B

Important Dates

The last earnings date was Tuesday, July 28, 2026, after market close.

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

Share Statistics

Varonis Systems has 114.86 million shares outstanding. The number of shares has increased by 3.13% in one year.

Current Share Class 114.86M
Shares Outstanding 114.86M
Shares Change (YoY) +3.13%
Shares Change (QoQ) -0.84%
Owned by Insiders (%) 3.03%
Owned by Institutions (%) 102.06%
Float 111.31M

Valuation Ratios

PE Ratio n/a
Forward PE 181.17
PS Ratio 6.67
Forward PS 5.69
PB Ratio 10.32
P/TBV Ratio 26.45
P/FCF Ratio 37.61
P/OCF Ratio 33.19
PEG Ratio 4.12
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 6.11
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 34.47

Financial Position

The company has a current ratio of 1.65, with a Debt / Equity ratio of 1.19.

Current Ratio 1.65
Quick Ratio 1.40
Debt / Equity 1.19
Debt / EBITDA n/a
Debt / FCF 4.33
Interest Coverage -15.96

Financial Efficiency

Return on equity (ROE) is -35.97% and return on invested capital (ROIC) is -9.04%.

Return on Equity (ROE) -35.97%
Return on Assets (ROA) -5.72%
Return on Invested Capital (ROIC) -9.04%
Return on Capital Employed (ROCE) -14.43%
Weighted Average Cost of Capital (WACC) 8.04%
Revenue Per Employee $258,877
Profits Per Employee -$53,190
Employee Count2,658
Asset Turnover 0.42
Inventory Turnover n/a

Taxes

In the past 12 months, Varonis Systems has paid $7.03 million in taxes.

Income Tax 7.03M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -26.37% in the last 52 weeks. The beta is 0.83, so Varonis Systems's price volatility has been lower than the market average.

Beta (5Y) 0.83
52-Week Price Change -26.37%
50-Day Moving Average 38.70
200-Day Moving Average 33.11
Relative Strength Index (RSI) 40.95
Average Volume (20 Days) 2,139,823

Short Selling Information

The latest short interest is 7.96 million, so 6.93% of the outstanding shares have been sold short.

Short Interest 7.96M
Short Previous Month 7.75M
Short % of Shares Out 6.93%
Short % of Float 7.15%
Short Ratio (days to cover) 3.01

Income Statement

In the last 12 months, Varonis Systems had revenue of $688.10 million and -$141.38 million in losses. Loss per share was -$1.22.

Revenue688.10M
Gross Profit 530.31M
Operating Income -149.56M
Pretax Income -134.35M
Net Income -141.38M
EBITDA -132.45M
EBIT -151.31M
Loss Per Share -$1.22
Full Income Statement

Balance Sheet

The company has $698.27 million in cash and $528.37 million in debt, with a net cash position of $383.15 million or $3.34 per share.

Cash & Cash Equivalents 698.27M
Total Debt 528.37M
Net Cash 383.15M
Net Cash Per Share $3.34
Equity (Book Value) 444.49M
Book Value Per Share 3.87
Working Capital 391.01M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $138.21 million and capital expenditures -$16.26 million, giving a free cash flow of $121.94 million.

Operating Cash Flow 138.21M
Capital Expenditures -16.26M
Depreciation & Amortization 18.86M
Net Borrowing -137,000
Free Cash Flow 121.94M
FCF Per Share $1.06
Full Cash Flow Statement

Margins

Gross margin is 77.07%, with operating and profit margins of -21.74% and -20.55%.

Gross Margin 77.07%
Operating Margin -21.74%
Pretax Margin -19.52%
Profit Margin -20.55%
EBITDA Margin -19.25%
EBIT Margin -21.99%
FCF Margin 17.72%

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 -3.13%
Shareholder Yield -3.13%
Earnings Yield -3.08%
FCF Yield 2.66%

Analyst Forecast

The average price target for Varonis Systems is $50.68, which is 26.92% higher than the current price. The consensus rating is "Buy".

Price Target $50.68
Price Target Difference 26.92%
Analyst Consensus Buy
Analyst Count 24
Revenue Growth Forecast (3Y) 17.97%
EPS Growth Forecast (3Y) 58.89%
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 1.79 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.79
Piotroski F-Score 3