US · USD
VRNS
Varonis Systems
- Day's range
- $47.92 – $49.67
- Day's volume
- $80.3M
- 52-week range
- $20.19 – $63.31
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See how VRNS weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountVRNS in numbers
- Market cap
- $5.6B
- P/E
- -39.78
- P/B
- 12.65
- Dividend yield (12m)
- 0.00%
VRNS price history
VRNS risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +48.05% | +16.88% | -5.50% |
| Volatility (annualized) | 52.56% | 43.82% | 43.95% |
| Largest drawdown | -35.08% | -63.62% | -63.62% |
| Positive months | 6/12 | 17/36 | 30/60 |
How much did investing in VRNS return?
$1,000.00 invested on 11/01/2021 would be worth $944.99 today.
- Value today in VRNS
- $944.99
- Return over the period
- -5.50%
- Return per year
- -1.14%
- In the S&P 500
- $1,708.29
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
VRNS fundamentals
Valuation
- P/E-39.78
- P/B12.65
- EV/EBITDA-42.46
- EV/EBIT-37.17
- EV/Revenue8.17
- P/EBIT-37.17
- P/S8.17
- P/OCF40.69
- P/FCF46.12
- Earnings yield-2.69%
- PEG ratio—
- Earnings per share-$1.23
- Book value per share$3.87
Debt
- Net debt—
- Net debt/EBITDA—
- Net debt/Equity—
- Debt/Equity—
- Current ratio1.65
- Quick ratio—
- Cash ratio1.09
Efficiency
- Gross margin77.07%
- EBITDA margin-19.25%
- Operating margin-21.99%
- Net margin-20.55%
- Asset turnover0.42
Profitability
- ROE-31.81%
- ROA-8.55%
- ROIC-34.04%
- Payout—
Growth
- Revenue CAGR (5 years)15.47%
- Earnings CAGR (5 years)—
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
VRNS's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | -29.79 | -52.22 | -48.95 | -20.69 | -44.88 | -55.40 | -30.20 | -54.76 |
| P/B | 6.43 | 10.97 | 10.09 | 5.13 | 8.79 | 55.36 | 25.43 | 12.48 |
| Earnings per share | -$1.10 | -$0.85 | -$0.92 | -$1.16 | -$1.09 | -$2.95 | -$2.57 | -$0.97 |
| Book value per share | $5.10 | $4.05 | $4.49 | $4.67 | $5.55 | $2.96 | $3.06 | $4.24 |
| ROE | -21.60% | -21.02% | -20.61% | -24.80% | -19.59% | -99.94% | -84.21% | -22.79% |
| ROIC | -24.47% | -25.82% | -23.94% | -24.14% | -16.54% | -83.36% | -81.24% | -23.24% |
| Gross margin | 78.83% | 82.97% | 85.63% | 85.26% | 84.77% | 84.88% | 86.17% | 89.76% |
| EBITDA margin | -21.52% | -19.33% | -21.14% | -23.02% | -22.51% | -23.32% | -27.41% | — |
| Net margin | -20.74% | -17.38% | -20.22% | -26.29% | -29.95% | -32.12% | -30.99% | -10.57% |
VRNS's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $623.5M | $551M | $499.2M | $473.6M | $390.1M | $292.7M |
| Cost of revenue | -$132M | -$93.8M | -$71.8M | -$69.8M | -$59.4M | -$44.3M |
| Gross profit | $491.6M | $457.1M | $427.4M | $403.8M | $330.7M | $248.4M |
| EBITDA | -$134.2M | -$106.5M | -$105.5M | -$109.1M | -$87.8M | -$68.2M |
| EBIT | -$146.5M | -$117.7M | -$117.2M | -$121.2M | -$98.7M | -$78.4M |
| Financial result | $30.2M | $34.6M | $30.3M | $10.4M | -$12.1M | -$7.5M |
| Income before tax | -$116.3M | -$83M | -$86.9M | -$110.8M | -$110.8M | -$85.9M |
| Income tax | -$13M | -$12.8M | -$14M | -$13.7M | -$6M | -$8.1M |
| Net income | -$129.3M | -$95.8M | -$100.9M | -$124.5M | -$116.9M | -$94M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does VRNS pay dividends?
VRNS has no distributions on record.
About Varonis Systems
- Sector
- Services
Questions about VRNS
How much is VRNS today?
VRNS is at $48.96 (-0.24% on the day), last traded on 10/07/2026.
What are the P/E and P/B of VRNS?
VRNS trades at a P/E of -39.78 and a P/B of 12.65.
How much did VRNS return in 12 months?
VRNS returned 48.05% in 12 months, with annualized volatility of 52.56% and a largest drawdown of -35.08%.