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/VRNS
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Varonis Systems Inc

Varonis Systems Inc

VRNS
$45.12USD-0.84%-0.38 today

MARKET CAP

5.2B

P/E (TTM)

FWD P/E

DAY RANGE

$44 – $46

52W RANGE

$20
$64

AI Summary

Stalk
StalkMedium

VRNS is consolidating in a tight range between $44.00 support and $45.15 resistance following a strong Stage 2 advance. Price is tightly tracking above rising 9-, 20-, and 50-day EMAs, but no active patterns are present to signal clear direction. The medium- and long-term uptrends remain intact, supported by the 200-day SMA well below current levels. Patient entry near the EMA cluster or upon a decisive breakout is warranted, avoiding premature purchases on chop.

  • SaaS ARR up 25% YoY to $598.1M, fueling subscription momentum
  • New Atlas Interceptor and data monitoring tools driving product traction
  • On-premise federal renewal rates fell, undermining ARR stability
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$390.1M$473.6M$499.2M$551.0M$623.5M
YoY %+33.3%+21.4%+5.4%+10.4%+13.2%
P / Sales13.2x5.5x9.7x9.0x6.0x
EV / Sales12.4x5.9x10.5x10.9x7.6x
Gross Profit, Adj.$330.7M$403.8M$427.4M$457.1M$491.6M
YoY %+33.1%+22.1%+5.8%+6.9%+7.5%
Margin %84.8%85.3%85.6%83.0%78.8%
EV / Gross Profit14.6x6.9x12.3x13.1x9.6x
EBITDA, Adj.$-65.4M$-59.7M$-105.5M$-106.5M$-134.2M
YoY %-41.0%+8.8%-76.8%-1.0%-26.0%
Margin %-16.8%-12.6%-21.1%-19.3%-21.5%
EV / EBITDA-74.0x-46.9x-49.7x-56.2x-35.3x
EBIT$-98.7M$-121.2M$-117.2M$-117.7M$-146.5M
YoY %-25.9%-22.8%+3.3%-0.4%-24.5%
Margin %-25.3%-25.6%-23.5%-21.4%-23.5%
EV / EBIT-49.1x-23.1x-44.7x-50.9x-32.4x
Net Income$-116.9M$-124.5M$-100.9M$-95.8M$-129.3M
YoY %-24.3%-6.6%+19.0%+5.1%-35.0%
Net Margin-30.0%-26.3%-20.2%-17.4%-20.7%
EPS (GAAP)-$1.11-$1.14-$0.92-$0.86-$1.13
YoY %-11.0%-2.7%+19.3%+6.5%-31.4%