Varonis Financial Statements From 2010 to 2024

VRNS Stock  USD 44.79  0.76  1.73%   
Varonis Systems financial statements provide useful quarterly and yearly information to potential Varonis Systems investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Varonis Systems financial statements helps investors assess Varonis Systems' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Varonis Systems' valuation are summarized below:
Gross Profit
403.8 M
Profit Margin
(0.20)
Market Capitalization
4.9 B
Enterprise Value Revenue
9.2864
Revenue
499.2 M
There are over one hundred nineteen available fundamental trend indicators for Varonis Systems, which can be analyzed over time and compared to other ratios. All traders should double-check Varonis Systems' current fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 5.2 B in 2024. Enterprise Value is likely to gain to about 5.3 B in 2024

Varonis Systems Total Revenue

524.12 Million

Check Varonis Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Varonis main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.9 M, Interest Expense of 2 M or Selling General Administrative of 87 M, as well as many exotic indicators such as Price To Sales Ratio of 9.41, Dividend Yield of 0.0396 or PTB Ratio of 9.59. Varonis financial statements analysis is a perfect complement when working with Varonis Systems Valuation or Volatility modules.
  
This module can also supplement Varonis Systems' financial leverage analysis and stock options assessment as well as various Varonis Systems Technical models . Check out the analysis of Varonis Systems Correlation against competitors.
For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.

Varonis Systems Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding89.5 M109.1 M81.9 M
Slightly volatile
Total Assets1.2 B1.1 B430.5 M
Slightly volatile
Other Current Liabilities120.8 M115 M30.9 M
Slightly volatile
Total Current Liabilities322.1 M306.8 M133.2 M
Slightly volatile
Property Plant And Equipment Net43.6 M85.8 M37.3 M
Slightly volatile
Current Deferred Revenue190.1 M181 M76.9 M
Slightly volatile
Accounts Payable638.4 K672 K1.8 M
Very volatile
Cash171.3 M230.7 M147.2 M
Slightly volatile
Non Current Assets Total353.6 M336.8 M86.2 M
Slightly volatile
Non Currrent Assets Other8.8 M15.5 M7.6 M
Slightly volatile
Cash And Short Term Investments267.6 M533.7 M229.6 M
Slightly volatile
Net Receivables193.7 M184.5 M78.6 M
Slightly volatile
Common Stock Total Equity130.4 K124.2 K46.7 K
Slightly volatile
Short Term Investments318.1 M303 M97.1 M
Slightly volatile
Liabilities And Stockholders Equity1.2 B1.1 B430.5 M
Slightly volatile
Non Current Liabilities Total322.9 M307.5 M118.8 M
Slightly volatile
Other Current Assets14.6 M27.2 M12.5 M
Slightly volatile
Other Stockholder Equity1.2 B1.1 B403 M
Slightly volatile
Total Liabilities645 M614.3 M252 M
Slightly volatile
Property Plant And Equipment Gross137.9 M131.3 M35.4 M
Slightly volatile
Total Current Assets805.5 M767.2 M344.3 M
Slightly volatile
Common Stock114.5 K109 K44.6 K
Slightly volatile
Other Liabilities7.2 M5.6 M8.6 M
Slightly volatile
Other Assets9.5 M18.8 M8.2 M
Slightly volatile
Property Plant Equipment26.9 M44.9 M22.9 M
Slightly volatile
Net Tangible Assets606.3 M577.4 M221.6 M
Slightly volatile
Capital Surpluse1.3 B1.2 B462.1 M
Slightly volatile
Deferred Long Term Liabilities5.2 M7.5 M5.1 M
Slightly volatile
Non Current Liabilities Other4.6 M4.8 M17.1 M
Slightly volatile
Short Term Debt9.5 M10 M34.7 M
Slightly volatile
Net Invested Capital463 M740.1 M274.7 M
Slightly volatile
Net Working Capital374.9 M460.4 M231.8 M
Slightly volatile
Capital Stock76.6 K109 K49 K
Slightly volatile
Short and Long Term Debt Total275.5 M311.8 M136.1 M
Slightly volatile
Capital Lease Obligations65.8 M61.4 M58.6 M
Slightly volatile
Long Term Debt Total254 M286.3 M227.8 M
Slightly volatile

Varonis Systems Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization5.9 M11.7 M5.4 M
Slightly volatile
Selling General Administrative87 M82.9 M35 M
Slightly volatile
Selling And Marketing Expenses142.5 M277.9 M130.4 M
Slightly volatile
Total Revenue524.1 M499.2 M234.1 M
Slightly volatile
Gross Profit448.8 M427.4 M203.5 M
Slightly volatile
Other Operating Expenses647.2 M616.4 M282.2 M
Slightly volatile
Research Development193 M183.8 M76.2 M
Slightly volatile
Cost Of Revenue75.3 M71.8 M30.6 M
Slightly volatile
Total Operating Expenses571.9 M544.6 M251.6 M
Slightly volatile
Income Tax Expense14.7 M14 M4.3 M
Slightly volatile
Tax Provision18.8 M17.9 MM
Slightly volatile
Interest Income36.3 M34.6 M6.4 M
Slightly volatile
Reconciled Depreciation10.8 M12.8 M6.8 M
Slightly volatile

Varonis Systems Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation146.8 M139.8 M49.2 M
Slightly volatile
Begin Period Cash Flow386.2 M367.8 M147.1 M
Slightly volatile
Depreciation5.9 M11.7 M5.4 M
Slightly volatile
Capital Expenditures7.2 M5.1 M6.6 M
Slightly volatile
End Period Cash Flow160 M230.7 M146.4 M
Slightly volatile
Change To Netincome172.5 M164.3 M54.1 M
Slightly volatile
Net Borrowings196.2 M220.8 M240.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio9.419.9005235
Slightly volatile
Dividend Yield0.03960.04450.0485
Slightly volatile
Days Sales Outstanding137135127
Slightly volatile
Invested Capital0.620.63690.601
Slightly volatile
Stock Based Compensation To Revenue0.290.28010.1359
Slightly volatile
EV To Sales10.9210.06310.707
Slightly volatile
Inventory Turnover5.293.84.1144
Slightly volatile
Days Of Inventory On Hand11611033.0037
Very volatile
Payables Turnover11210727.9715
Slightly volatile
Sales General And Administrative To Revenue0.10.16610.1334
Slightly volatile
Average Inventory0.40.450.49
Slightly volatile
Research And Ddevelopement To Revenue0.240.36830.2992
Pretty Stable
Cash Per Share5.134.89012.5262
Slightly volatile
Days Payables Outstanding3.253.418550.0226
Slightly volatile
Intangibles To Total Assets0.03410.02210.0453
Slightly volatile
Current Ratio1.782.50072.1521
Slightly volatile
Receivables Turnover2.362.70522.886
Slightly volatile
Graham Number10.149.6614.5776
Slightly volatile
Debt To Equity0.620.63690.601
Slightly volatile
Revenue Per Share4.84.57352.4728
Slightly volatile
Interest Debt Per Share3.032.88651.2844
Slightly volatile
Debt To Assets0.210.28250.2129
Slightly volatile
Operating Cycle165245154
Slightly volatile
Days Of Payables Outstanding3.253.418550.0226
Slightly volatile
Ebt Per Ebit1.340.74151.1593
Slightly volatile
Long Term Debt To Capitalization0.480.38130.4068
Pretty Stable
Total Debt To Capitalization0.30.38910.3042
Slightly volatile
Debt Equity Ratio0.620.63690.601
Slightly volatile
Quick Ratio1.722.34122.0698
Slightly volatile
Net Income Per E B T0.861.1611.0646
Pretty Stable
Cash Ratio0.780.75210.9441
Slightly volatile
Cash Conversion Cycle254242110
Slightly volatile
Days Of Inventory Outstanding11611033.0037
Very volatile
Days Of Sales Outstanding137135127
Slightly volatile
Fixed Asset Turnover5.535.817619.4669
Slightly volatile
Debt Ratio0.210.28250.2129
Slightly volatile
Price Sales Ratio9.419.9005235
Slightly volatile
Asset Turnover0.430.45220.8527
Slightly volatile
Gross Profit Margin0.980.85630.8897
Very volatile

Varonis Systems Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.2 B4.9 B2.2 B
Slightly volatile
Enterprise Value5.3 BB2.2 B
Slightly volatile

Varonis Fundamental Market Drivers

Forward Price Earnings322.5806
Cash And Short Term Investments533.7 M

Varonis Upcoming Events

5th of February 2024
Upcoming Quarterly Report
View
6th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
5th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Varonis Systems Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Varonis Systems income statement, its balance sheet, and the statement of cash flows. Varonis Systems investors use historical funamental indicators, such as Varonis Systems's revenue or net income, to determine how well the company is positioned to perform in the future. Although Varonis Systems investors may use each financial statement separately, they are all related. The changes in Varonis Systems's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Varonis Systems's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Varonis Systems Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Varonis Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue181 M190.1 M
Total Revenue499.2 M524.1 M
Cost Of Revenue71.8 M75.3 M
Stock Based Compensation To Revenue 0.28  0.29 
Sales General And Administrative To Revenue 0.17  0.10 
Research And Ddevelopement To Revenue 0.37  0.24 
Capex To Revenue(0.01)(0.01)
Revenue Per Share 4.57  4.80 
Ebit Per Revenue(0.23)(0.25)

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When determining whether Varonis Systems is a strong investment it is important to analyze Varonis Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Varonis Systems' future performance. For an informed investment choice regarding Varonis Stock, refer to the following important reports:
Check out the analysis of Varonis Systems Correlation against competitors.
For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Varonis Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Varonis Systems. If investors know Varonis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Varonis Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.92)
Revenue Per Share
4.573
Quarterly Revenue Growth
0.081
Return On Assets
(0.07)
Return On Equity
(0.20)
The market value of Varonis Systems is measured differently than its book value, which is the value of Varonis that is recorded on the company's balance sheet. Investors also form their own opinion of Varonis Systems' value that differs from its market value or its book value, called intrinsic value, which is Varonis Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Varonis Systems' market value can be influenced by many factors that don't directly affect Varonis Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Varonis Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Varonis Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Varonis Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.