VRNS
Income statement / Annual
Last year (2024), Varonis Systems, Inc.'s total revenue was $550.95 M,
an increase of 10.38% from the previous year.
In 2024, Varonis Systems, Inc.'s net income was $34.64 M.
See Varonis Systems, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$550.95 M |
$499.16 M |
$473.63 M |
$390.13 M |
$292.69 M |
$254.19 M |
$270.29 M |
$217.36 M |
$164.46 M |
$127.21 M |
| Cost of Revenue |
$93.85 M
|
$71.75 M
|
$69.84 M
|
$59.40 M
|
$44.26 M
|
$35.14 M
|
$27.68 M
|
$20.87 M
|
$15.84 M
|
$12.02 M
|
| Gross Profit |
$457.10 M
|
$427.41 M
|
$403.80 M
|
$330.74 M
|
$248.43 M
|
$219.05 M
|
$242.61 M
|
$196.49 M
|
$148.61 M
|
$115.19 M
|
| Gross Profit Ratio |
0.83
|
0.86
|
0.85
|
0.85
|
0.85
|
0.86
|
0.9
|
0.9
|
0.9
|
0.91
|
| Research and Development Expenses |
$196.77 M
|
$183.84 M
|
$177.88 M
|
$137.88 M
|
$99.36 M
|
$80.76 M
|
$69.97 M
|
$47.37 M
|
$36.66 M
|
$31.79 M
|
| General & Administrative Expenses |
$89.22 M
|
$82.90 M
|
$72.06 M
|
$61.23 M
|
$47.58 M
|
$44.37 M
|
$33.46 M
|
$26.82 M
|
$19.82 M
|
$16.11 M
|
| Selling & Marketing Expenses |
$288.77 M
|
$277.89 M
|
$275.09 M
|
$230.31 M
|
$179.90 M
|
$169.90 M
|
$168.31 M
|
$135.90 M
|
$107.83 M
|
$86.37 M
|
| Selling, General & Administrative Expenses |
$377.99 M
|
$360.79 M
|
$347.15 M
|
$291.55 M
|
$227.48 M
|
$214.27 M
|
$201.77 M
|
$162.72 M
|
$127.65 M
|
$102.47 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$574.75 M
|
$544.63 M
|
$525.03 M
|
$429.43 M
|
$326.84 M
|
$295.03 M
|
$271.74 M
|
$210.09 M
|
$164.31 M
|
$134.27 M
|
| Cost And Expenses |
$668.60 M
|
$616.38 M
|
$594.86 M
|
$488.83 M
|
$371.10 M
|
$330.18 M
|
$299.42 M
|
$230.96 M
|
$180.15 M
|
$146.28 M
|
| Interest Income |
$30.36 M
|
$34.56 M
|
$10.41 M
|
$164,000.00
|
$674,000.00
|
$2.03 M
|
$1.74 M
|
$747,000.00
|
$520,000.00
|
$330,000.00
|
| Interest Expense |
$6.72 M
|
$4.66 M
|
$3.17 M
|
$12.15 M
|
$6.11 M
|
$205,000.00
|
$197,000.00
|
$158,000.00
|
$181,000.00
|
$142,000.00
|
| Depreciation & Amortization |
$11.13 M
|
$11.70 M
|
$21.48 M
|
$19.12 M
|
$18.90 M
|
$15.34 M
|
$4.16 M
|
$3.33 M
|
$2.18 M
|
$1.62 M
|
| EBITDA |
-$65.17 M |
-$70.55 M |
-$82.04 M |
-$98.69 M |
-$68.51 M |
-$70.06 M |
-$24.98 M |
-$10.09 M |
-$9.82 M |
-$17.46 M |
| EBITDA Ratio |
-0.12
|
-0.14
|
-0.23
|
-0.23
|
-0.23
|
-0.24
|
-0.09
|
-0.05
|
-0.08
|
-0.14
|
| Operating Income Ratio |
-0.21
|
-0.23
|
-0.26
|
-0.25
|
-0.27
|
-0.3
|
-0.11
|
-0.06
|
-0.1
|
-0.15
|
| Total Other Income/Expenses Net |
$34.64 M
|
$30.31 M
|
$10.41 M
|
-$12.15 M
|
-$7.48 M
|
-$389,000.00
|
$970,000.00
|
$2.36 M
|
-$885,000.00
|
-$1.52 M
|
| Income Before Tax |
-$83.01 M
|
-$86.92 M
|
-$110.82 M
|
-$110.84 M
|
-$85.90 M
|
-$76.38 M
|
-$28.17 M
|
-$11.24 M
|
-$16.58 M
|
-$20.60 M
|
| Income Before Tax Ratio |
-0.15
|
-0.17
|
-0.23
|
-0.28
|
-0.29
|
-0.3
|
-0.1
|
-0.05
|
-0.1
|
-0.16
|
| Income Tax Expense |
-$117.65 M
|
$14.00 M
|
$13.70 M
|
$6.02 M
|
$8.11 M
|
$2.39 M
|
$413,000.00
|
$2.46 M
|
$1.13 M
|
$686,000.00
|
| Net Income |
$34.64 M
|
-$100.92 M
|
-$124.52 M
|
-$116.86 M
|
-$94.01 M
|
-$78.76 M
|
-$28.58 M
|
-$13.69 M
|
-$17.71 M
|
-$21.28 M
|
| Net Income Ratio |
0.06
|
-0.2
|
-0.26
|
-0.3
|
-0.32
|
-0.31
|
-0.11
|
-0.06
|
-0.11
|
-0.17
|
| EPS |
0.31 |
-0.92 |
-1.14 |
-1.11 |
-1 |
-0.87 |
-0.33 |
-0.17 |
-0.22 |
-0.28 |
| EPS Diluted |
0.31 |
-0.92 |
-1.14 |
-1.11 |
-1 |
-0.87 |
-0.33 |
-0.17 |
-0.22 |
-0.28 |
| Weighted Average Shares Out |
$111.66 M
|
$109.14 M
|
$109.28 M
|
$105.31 M
|
$94.34 M
|
$90.77 M
|
$87.06 M
|
$82.40 M
|
$79.22 M
|
$75.60 M
|
| Weighted Average Shares Out Diluted |
$111.66 M
|
$109.14 M
|
$109.28 M
|
$105.31 M
|
$94.34 M
|
$90.77 M
|
$87.06 M
|
$82.40 M
|
$79.22 M
|
$75.60 M
|
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