Varonis Systems, Inc. (VRNS) Financials
Key financial figures for Varonis Systems, Inc. (Q3 2026).
Varonis Q3 2026 revenue was $189.5 million and SaaS ARR reached $774.6 million, up 42% year over year, with no guidance or earnings call because of the pending Proofpoint acquisition. Total revenues were $189.5 million versus $161.6 million a year earlier (up about 17%, calculated); SaaS revenues were $185.1 million versus $125.8 million, while term license ($1.2 million vs $24.8 million) and maintenance and services ($3.1 million vs $10.9 million) shrank as customers converted to SaaS. SaaS ARR was $774.6 million, up 42% year over year and up 24% excluding conversions. Figures are for Q3 2026, as Varonis Systems reported them.
- Revenue
- $189M
- Net Income
- -$42M
- EPS
- $-0.36
- Total Assets
- $1.7B
- Operating Cash Flow
- $28M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $189M | -$42M | -$0.36 | -25.18% | $26M |
| Q2 FY2026 | $180M | -$47M | -$0.41 | -22.57% | $21M |
| Q1 FY2026 | $173M | -$37M | -$0.32 | -25.69% | $50M |
| Q4 FY2025 | $173M | -$28M | -$0.23 | -17.46% | $21M |
| Q3 FY2025 | $162M | -$30M | -$0.26 | -22.24% | $30M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $624M | -$129M | -$1.13 | -23.5% | $135M |
| FY2024 | $551M | -$96M | -$0.86 | -21.35% | $109M |
| FY2023 | $499M | -$101M | -$0.92 | -23.48% | $54M |
Frequently asked questions
What was Varonis Systems's revenue last quarter?
Varonis Systems reported revenue of $189.5 million for Q3 FY2026, up 17.3% from the same period a year earlier.
Is Varonis Systems profitable?
Not in its most recent reported period. Varonis Systems reported a net loss of $41.6 million for Q3 FY2026, a net margin of -21.98% on revenue.
How has Varonis Systems's margin trended?
Operating margin was -25.18% in Q3 FY2026, compared with -22.24% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Varonis Systems generate?
Varonis Systems generated free cash flow of $25.7 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Varonis Systems, Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.