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
| Fiscal year | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 75 | 101 | 127 | 166 | 215 | 270 | 254 | 293 | 390 | 474 | 499 | 551 | 624 | 688 |
| 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 profit | 48 | 68 | 91 | 115 | 150 | 195 | 243 | 219 | 248 | 331 | 404 | 427 | 457 | 492 | 530 |
| Gross margin | 90.8% | 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% |
Where the revenue comes from
| 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% |
| 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
| Company | Revenue | Growth | 3-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
- Qualys, Inc. revenue
- Descartes Systems Group Inc revenue
- Blackline, Inc. revenue
- 8x8 Inc revenue
- Ncino, Inc. revenue
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