undamentalytics Newsletter

Varonis Systems Inc revenue

Varonis Systems Inc's revenue was $624m in fiscal 2025, up 13.2% on the year before. Since fiscal 2012 ($53.4m) it has grown at a compound 20.8% a year. Over the last twelve months it was $688m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Varonis Systems Inc: revenue history, annual
Fiscal year2012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue5375101127166215270254293390474499551624688
Growth on the year before—+39.7%+35.8%+25.5%+30.4%+29.9%+25.5%−6.0%+15.1%+33.3%+21.4%+5.4%+10.4%+13.2%—
Gross profit486891115150195243219248331404427457492530
Gross margin90.8%91.3%90.2%90.6%90.5%90.4%89.8%86.2%84.9%84.8%85.3%85.6%83.0%78.8%77.1%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
Software As A Service $463M 74.2% ▲ 121.6%
Subscriptions $110M 17.6% ▼ 56.9%
Maintenance $51.3M 8.2% ▼ 41.7%
Geography
Region Revenue Share YoY
United States $440M 70.6% ▲ 9.9%
EMEA $134M 21.4% ▲ 16.8%
Rest of World $49.5M 7.9% ▲ 38.1%

From Varonis Systems Inc's 10-K filed February 4, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Application Software: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Varonis Systems Inc $688m 15.6% 12.1%
Qualys, Inc. $703m 10.4% 10.3%
Descartes Systems Group Inc $729m 12.0% 79.1%
Blackline, Inc. $732m 8.6% 9.5%
8x8 Inc $745m 3.7% 0.2%
Ncino, Inc. $622m 8.6% 11.8%

Compare with peers

Head to head: QLYS vs VRNSDSGX vs VRNSBL vs VRNS

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Varonis Systems Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Varonis Systems Inc.