Income Statement - VARONIS SYSTEMS INC (VRNS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 623.53 | 550.95 | 499.16 | 473.63 | 390.13 | 292.69 | 254.19 | 270.29 | 217.36 | 164.46 | 127.21 | 101.35 | 74.62 | 53.41 | 39.78 | 28.87 |
| Cost of revenue | 130.09 | 93.85 | 71.75 | 69.84 | 59.40 | 44.26 | 35.14 | 27.68 | 20.87 | 15.84 | 12.02 | 9.91 | 6.48 | 4.93 | 3.52 | 2.40 |
| Gross profit | 493.44 | 457.10 | 427.41 | 403.80 | 330.74 | 248.43 | 219.05 | 242.61 | 196.49 | 148.61 | 115.19 | 91.44 | 68.14 | 48.48 | 36.26 | 26.47 |
| Total operating expenses | 638.07 | 563.91 | 544.63 | 525.03 | 438.33 | 326.84 | 295.03 | 271.74 | 208.10 | 164.31 | 134.27 | 108.75 | 73.99 | 50.04 | 39.66 | 27.66 |
| Operating income | -146.51 | -106.81 | -117.22 | -121.23 | -107.60 | -78.42 | -75.99 | -29.14 | -13.42 | -15.69 | -19.07 | -17.31 | -5.85 | -1.55 | -3.40 | -1.19 |
| Non-operating income (net) | 30.19 | 23.80 | 30.31 | 10.41 | -3.24 | -7.48 | -0.39 | 0.97 | 2.18 | -0.89 | -1.52 | -1.71 | -1.27 | -3.05 | -0.17 | -1.45 |
| Income before tax | -116.32 | -83.01 | -86.92 | -110.82 | -110.84 | -85.90 | -76.38 | -28.17 | -11.24 | -16.58 | -20.60 | -19.02 | -7.12 | -4.60 | -3.57 | -2.64 |
| Income tax expense | 13.00 | 12.76 | 14.00 | 13.70 | 6.02 | 8.11 | 2.39 | 0.41 | 2.79 | 1.13 | 0.69 | 0.38 | 0.36 | 0.25 | 0.22 | 0.13 |
| Net income | -129.32 | -95.77 | -100.92 | -124.52 | -116.86 | -94.01 | -78.76 | -28.58 | -13.84 | -17.71 | -21.28 | -19.40 | -7.48 | -4.85 | -3.80 | -2.76 |
Show Quarterly Income Statement
Income Statement - VARONIS SYSTEMS INC (VRNS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 173.13 | 173.37 | 161.58 | 152.16 | 136.42 | 158.51 | 148.07 | 130.35 | 114.02 | 154.10 | 122.31 | 115.42 | 107.34 | 142.62 | 123.31 | 111.45 | 96.26 | 126.58 | 100.35 | 88.42 | 74.79 | 95.20 | 76.75 | 66.57 | 54.18 | 72.56 | 65.65 | 59.62 | 56.36 | 87.52 | 67.05 | 62.19 | 53.53 | 73.21 | 53.60 | 50.17 | 40.38 | 54.41 | 40.94 | 38.64 | 30.47 | 43.84 | 31.24 | 29.15 | 22.99 | 33.71 | 25.56 | 24.62 | 17.46 | 25.69 | 18.51 | 17.84 | 12.58 | 18.56 | 13.52 | 12.53 | 8.80 |
| Cost of revenue | 41.57 | 36.56 | 35.15 | 31.25 | 29.02 | 26.06 | 24.01 | 22.44 | 21.35 | 19.35 | 17.38 | 17.39 | 17.64 | 17.03 | 17.20 | 17.80 | 17.81 | 17.38 | 14.34 | 14.20 | 13.48 | 12.46 | 11.28 | 10.34 | 10.18 | 9.65 | 8.77 | 8.40 | 8.33 | 7.75 | 7.05 | 6.44 | 6.44 | 5.89 | 5.44 | 4.88 | 4.67 | 4.51 | 4.12 | 3.72 | 3.50 | 3.28 | 3.04 | 2.86 | 2.83 | 2.79 | 2.59 | 2.49 | 2.04 | 1.97 | 1.65 | 1.51 | 1.35 | 1.51 | 1.25 | 1.24 | 0.94 |
| Gross profit | 131.56 | 136.81 | 126.43 | 120.91 | 107.41 | 132.46 | 124.06 | 107.91 | 92.67 | 134.75 | 104.93 | 98.03 | 89.70 | 125.59 | 106.11 | 93.65 | 78.45 | 109.20 | 86.02 | 74.22 | 61.30 | 82.74 | 65.47 | 56.23 | 44.00 | 62.91 | 56.88 | 51.22 | 48.03 | 79.77 | 60.00 | 55.75 | 47.09 | 67.32 | 48.17 | 45.30 | 35.71 | 49.90 | 36.82 | 34.92 | 26.97 | 40.56 | 28.19 | 26.29 | 20.15 | 30.93 | 22.97 | 22.13 | 15.41 | 23.72 | 16.86 | 16.33 | 11.23 | 17.05 | 12.27 | 0.00 | 0.00 |
| Total operating expenses | 176.04 | 167.07 | 162.36 | 157.47 | 151.17 | 146.58 | 148.72 | 139.88 | 143.55 | 144.76 | 137.62 | 141.05 | 135.46 | 133.15 | 130.18 | 130.92 | 126.96 | 134.54 | 105.01 | 102.86 | 95.38 | 89.93 | 81.92 | 78.32 | 76.67 | 76.91 | 72.86 | 75.23 | 70.04 | 75.27 | 66.83 | 67.06 | 62.58 | 59.54 | 51.07 | 50.66 | 46.73 | 45.29 | 40.75 | 40.51 | 37.76 | 37.00 | 32.74 | 32.82 | 31.70 | 30.63 | 28.09 | 26.68 | 23.35 | 22.14 | 18.99 | 17.60 | 15.27 | 14.73 | 12.26 | 0.00 | 0.00 |
| Operating income | -44.48 | -30.26 | -35.93 | -36.55 | -43.77 | -14.12 | -24.66 | -31.97 | -50.88 | -10.00 | -32.69 | -43.02 | -45.76 | -7.56 | -24.07 | -37.28 | -48.51 | -25.34 | -18.99 | -28.64 | -34.08 | -7.20 | -16.45 | -22.09 | -32.67 | -14.01 | -15.98 | -24.01 | -22.00 | 4.50 | -6.83 | -11.31 | -15.50 | 7.75 | -3.13 | -6.11 | -11.03 | 4.61 | -3.93 | -5.59 | -10.79 | 3.56 | -4.55 | -6.54 | -11.55 | 0.30 | -5.11 | -4.56 | -7.93 | 1.58 | -2.13 | -1.27 | -4.04 | 2.32 | 0.01 | 0.00 | 0.00 |
| Non-operating income (net) | 4.45 | 5.47 | 7.81 | 4.97 | 11.95 | 4.17 | 11.27 | 11.39 | 11.79 | 10.19 | 12.18 | 11.77 | 10.42 | 1.84 | 0.92 | 2.68 | 1.16 | 3.42 | -2.80 | -3.39 | -1.02 | -4.54 | -2.55 | -1.85 | 1.45 | 0.16 | -0.48 | 0.07 | -0.13 | 0.70 | 0.10 | -0.81 | 0.98 | -1.40 | 0.50 | 1.71 | 0.47 | -0.74 | -0.19 | -0.61 | 0.65 | -0.78 | -0.10 | 0.40 | -1.04 | -0.81 | -0.94 | 0.07 | -0.04 | 0.12 | -0.39 | -0.32 | -0.68 | -0.08 | 0.03 | 0.00 | 0.00 |
| Income before tax | -40.04 | -24.79 | -28.13 | -31.59 | -31.82 | -9.95 | -13.40 | -20.58 | -39.09 | 0.19 | -20.51 | -31.25 | -35.34 | -5.72 | -23.15 | -34.59 | -47.35 | -21.92 | -21.79 | -32.03 | -35.10 | -11.74 | -19.01 | -23.94 | -31.22 | -13.85 | -16.46 | -23.94 | -22.13 | 5.20 | -6.73 | -12.12 | -14.52 | 6.34 | -2.63 | -4.39 | -10.56 | 3.87 | -4.12 | -6.19 | -10.14 | 2.78 | -4.65 | -6.13 | -12.59 | -0.51 | -6.06 | -4.48 | -7.97 | 1.70 | -2.51 | -1.59 | -4.71 | 2.24 | 0.04 | 0.00 | 0.00 |
| Income tax expense | -3.18 | 2.98 | 1.81 | 4.24 | 3.97 | 3.05 | 4.94 | 3.37 | 1.40 | 1.09 | 2.50 | 7.45 | 2.96 | 5.03 | 5.57 | 1.70 | 1.41 | 3.02 | 1.53 | 0.92 | 0.56 | 7.30 | 0.22 | 0.38 | 0.21 | 0.80 | 0.53 | 0.55 | 0.51 | -1.26 | 0.58 | 0.57 | 0.53 | 1.25 | 0.76 | 0.58 | 0.32 | 0.35 | 0.27 | 0.30 | 0.21 | 0.14 | 0.28 | 0.19 | 0.08 | -0.18 | 0.30 | 0.16 | 0.10 | 0.18 | 0.05 | 0.05 | 0.08 | 0.04 | 0.07 | 0.06 | 0.08 |
| Net income | -36.85 | -27.78 | -29.94 | -35.82 | -35.78 | -12.99 | -18.33 | -23.95 | -40.49 | -0.90 | -23.02 | -38.70 | -38.30 | -10.75 | -28.72 | -36.29 | -48.76 | -24.94 | -23.31 | -32.95 | -35.66 | -19.03 | -19.23 | -24.32 | -31.43 | -14.65 | -16.99 | -24.49 | -22.64 | 6.47 | -7.32 | -12.68 | -15.05 | 6.82 | -3.26 | -5.74 | -10.88 | 3.52 | -4.39 | -6.49 | -10.35 | 2.63 | -4.93 | -6.32 | -12.67 | -0.33 | -6.35 | -4.64 | -8.07 | 1.52 | -2.56 | -1.64 | -4.79 | 2.20 | -0.03 | 0.00 | 0.00 |