VARONIS SYSTEMS INC (VRNS)

Every figure below is the company's own, as filed. Nothing is estimated and nothing is smoothed — a period the filing does not support is left blank rather than drawn. Quarters are the company's own, counted from its financial year ending 12-31. Amounts in USD.

Revenue Quarterly

0 70M 140M 210M Q1 '13: 12.6M Q2 '13: 17.8M Q3 '13: 18.5M Q4 '13: 25.7M Q1 '14: 17.5M Q2 '14: 24.6M Q3 '14: 25.6M Q4 '14: 33.7M Q1 '15: 23M Q2 '15: 29.1M Q3 '15: 31.2M Q4 '15: 43.8M Q1 '16: 30.5M Q2 '16: 38.6M Q3 '16: 40.9M Q4 '16: 55.8M Q1 '17: 39.6M Q2 '17: 49.4M Q3 '17: 53.4M Q4 '17: 73M Q1 '18: 53.5M Q2 '18: 62.2M Q3 '18: 67.1M Q4 '18: 87.5M Q1 '19: 56.4M Q2 '19: 59.6M Q3 '19: 65.6M Q4 '19: 72.6M Q1 '20: 54.2M Q2 '20: 66.6M Q3 '20: 76.8M Q4 '20: 95.2M Q1 '21: 74.8M Q2 '21: 88.4M Q3 '21: 100.4M Q4 '21: 126.6M Q1 '22: 96.3M Q2 '22: 111.4M Q3 '22: 123.3M Q4 '22: 142.6M Q1 '23: 107.3M Q2 '23: 115.4M Q3 '23: 122.3M Q4 '23: 154.1M Q1 '24: 114M Q2 '24: 130.3M Q3 '24: 148.1M Q4 '24: 158.5M Q1 '25: 136.4M Q2 '25: 152.2M Q3 '25: 161.6M Q4 '25: 173.4M Q1 '26: 173.1M Q2 '26: 180M Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

Gross Profit Quarterly

0 50M 100M 150M Q1 '13: 11.2M Q2 '13: 16.3M Q3 '13: 16.9M Q4 '13: 23.7M Q1 '14: 15.4M Q2 '14: 22.1M Q3 '14: 23M Q4 '14: 30.9M Q1 '15: 20.2M Q2 '15: 26.3M Q3 '15: 28.2M Q4 '15: 40.6M Q1 '16: 27M Q2 '16: 34.9M Q3 '16: 36.8M Q4 '16: 51.4M Q1 '17: 34.9M Q2 '17: 44.5M Q3 '17: 47.9M Q4 '17: 67.3M Q1 '18: 47.1M Q2 '18: 55.8M Q3 '18: 60M Q4 '18: 79.8M Q1 '19: 48M Q2 '19: 51.2M Q3 '19: 56.9M Q4 '19: 62.9M Q1 '20: 44M Q2 '20: 56.2M Q3 '20: 65.5M Q4 '20: 82.7M Q1 '21: 61.3M Q2 '21: 74.2M Q3 '21: 86M Q4 '21: 109.2M Q1 '22: 78.5M Q2 '22: 93.6M Q3 '22: 106.1M Q4 '22: 125.6M Q1 '23: 89.7M Q2 '23: 98M Q3 '23: 104.9M Q4 '23: 134.8M Q1 '24: 92.7M Q2 '24: 107.9M Q3 '24: 124.1M Q4 '24: 132.5M Q1 '25: 107.4M Q2 '25: 120.9M Q3 '25: 126.4M Q4 '25: 136.8M Q1 '26: 131.6M Q2 '26: 135.5M Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

Operating Income Quarterly

-60M -40M -20M 0 20M 40M 60M Q1 '13: -4M Q2 '13: -1.3M Q3 '13: -2.1M Q4 '13: 1.6M Q1 '14: -7.9M Q2 '14: -4.6M Q3 '14: -5.1M Q4 '14: 296K Q1 '15: -11.6M Q2 '15: -6.5M Q3 '15: -4.5M Q4 '15: 3.6M Q1 '16: -10.8M Q2 '16: -5.6M Q3 '16: -3.9M Q4 '16: 8.3M Q1 '17: -11.9M Q2 '17: -6.1M Q3 '17: -3.1M Q4 '17: 7.7M Q1 '18: -15.5M Q2 '18: -11.3M Q3 '18: -6.8M Q4 '18: 4.5M Q1 '19: -22M Q2 '19: -24M Q3 '19: -16M Q4 '19: -14M Q1 '20: -32.7M Q2 '20: -22.1M Q3 '20: -16.5M Q4 '20: -7.2M Q1 '21: -34.1M Q2 '21: -28.2M Q3 '21: -18.6M Q4 '21: -17.8M Q1 '22: -48.1M Q2 '22: -37.6M Q3 '22: -25.6M Q4 '22: -10M Q1 '23: -43.1M Q2 '23: -39.7M Q3 '23: -29.1M Q4 '23: -5.2M Q1 '24: -47.6M Q2 '24: -28.8M Q3 '24: -23.6M Q4 '24: -17.6M Q1 '25: -43.8M Q2 '25: -36.6M Q3 '25: -35.9M Q4 '25: -30.3M Q1 '26: -44.5M Q2 '26: -40.6M Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

Net Income Quarterly

-60M -40M -20M 0 20M 40M 60M Q1 '13: -4.8M Q2 '13: -1.6M Q3 '13: -2.6M Q4 '13: 1.5M Q1 '14: -8.1M Q2 '14: -4.6M Q3 '14: -6.4M Q4 '14: -331K Q1 '15: -12.7M Q2 '15: -6.3M Q3 '15: -4.9M Q4 '15: 2.6M Q1 '16: -10.3M Q2 '16: -6.5M Q3 '16: -4.4M Q4 '16: 7M Q1 '17: -11.7M Q2 '17: -5.7M Q3 '17: -3.3M Q4 '17: 6.8M Q1 '18: -15M Q2 '18: -12.7M Q3 '18: -7.3M Q4 '18: 6.5M Q1 '19: -22.6M Q2 '19: -24.5M Q3 '19: -17M Q4 '19: -14.7M Q1 '20: -31.4M Q2 '20: -24.3M Q3 '20: -19.2M Q4 '20: -19M Q1 '21: -35.7M Q2 '21: -32.9M Q3 '21: -23.3M Q4 '21: -24.9M Q1 '22: -48.8M Q2 '22: -36.3M Q3 '22: -28.7M Q4 '22: -10.7M Q1 '23: -38.3M Q2 '23: -38.7M Q3 '23: -23M Q4 '23: -898K Q1 '24: -40.5M Q2 '24: -23.9M Q3 '24: -18.3M Q4 '24: -13M Q1 '25: -35.8M Q2 '25: -35.8M Q3 '25: -29.9M Q4 '25: -27.8M Q1 '26: -36.9M Q2 '26: -46.8M Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

Cost of Revenue Quarterly

0 20M 40M 60M Q1 '13: 1.3M Q2 '13: 1.5M Q3 '13: 1.7M Q4 '13: 2M Q1 '14: 2M Q2 '14: 2.5M Q3 '14: 2.6M Q4 '14: 2.8M Q1 '15: 2.8M Q2 '15: 2.9M Q3 '15: 3M Q4 '15: 3.3M Q1 '16: 3.5M Q2 '16: 3.7M Q3 '16: 4.1M Q4 '16: 4.4M Q1 '17: 4.7M Q2 '17: 4.9M Q3 '17: 5.4M Q4 '17: 5.7M Q1 '18: 6.4M Q2 '18: 6.4M Q3 '18: 7.1M Q4 '18: 7.7M Q1 '19: 8.3M Q2 '19: 8.4M Q3 '19: 8.8M Q4 '19: 9.7M Q1 '20: 10.2M Q2 '20: 10.3M Q3 '20: 11.3M Q4 '20: 12.5M Q1 '21: 13.5M Q2 '21: 14.2M Q3 '21: 14.3M Q4 '21: 17.4M Q1 '22: 17.8M Q2 '22: 17.8M Q3 '22: 17.2M Q4 '22: 17M Q1 '23: 17.6M Q2 '23: 17.4M Q3 '23: 17.4M Q4 '23: 19.3M Q1 '24: 21.3M Q2 '24: 22.4M Q3 '24: 24M Q4 '24: 26.1M Q1 '25: 29M Q2 '25: 31.2M Q3 '25: 35.1M Q4 '25: 36.6M Q1 '26: 41.6M Q2 '26: 44.5M Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

Operating Cash Flow Quarterly

-25M 0 25M 50M 75M Q1 '13: 3.3M Q2 '13: -3.3M Q3 '13: 755K Q4 '13: -728K Q1 '14: 4.3M Q2 '14: -4.9M Q3 '14: -4.1M Q4 '14: -2.5M Q1 '15: 1.2M Q2 '15: -6.7M Q3 '15: 793K Q4 '15: 1.9M Q1 '16: 5.4M Q2 '16: -3.1M Q3 '16: 2.2M Q4 '16: 2.8M Q1 '17: 8.3M Q2 '17: -913K Q3 '17: 3.5M Q4 '17: 5.5M Q1 '18: 17.4M Q2 '18: 2.9M Q3 '18: -4.1M Q4 '18: 7.3M Q1 '19: 14.1M Q2 '19: -11.1M Q3 '19: -13.6M Q4 '19: -7K Q1 '20: 3.9M Q2 '20: -14.7M Q3 '20: -2.7M Q4 '20: 7.7M Q1 '21: 20.4M Q2 '21: -9.2M Q3 '21: -4.3M Q4 '21: 338K Q1 '22: 24.5M Q2 '22: -14.5M Q3 '22: -1.6M Q4 '22: 3.4M Q1 '23: 36.8M Q2 '23: 5.8M Q3 '23: 6.3M Q4 '23: 10.4M Q1 '24: 56.7M Q2 '24: 11.7M Q3 '24: 22.5M Q4 '24: 24.3M Q1 '25: 68M Q2 '25: 21.3M Q3 '25: 33.4M Q4 '25: 24.7M Q1 '26: 55M Q2 '26: 25.1M Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

Free Cash Flow Quarterly

-25M 0 25M 50M 75M Q1 '13: 3.1M Q2 '13: -3.7M Q3 '13: 556K Q4 '13: -1.2M Q1 '14: 3.7M Q2 '14: -5.6M Q3 '14: -4.5M Q4 '14: -3.1M Q1 '15: 772K Q2 '15: -8M Q3 '15: -974K Q4 '15: 905K Q1 '16: 4.7M Q2 '16: -3.8M Q3 '16: 1.1M Q4 '16: 1.6M Q1 '17: 6.8M Q2 '17: -1.9M Q3 '17: 2.4M Q4 '17: 3.8M Q1 '18: 16.4M Q2 '18: 1.9M Q3 '18: -5.2M Q4 '18: 874K Q1 '19: 9M Q2 '19: -15.9M Q3 '19: -18M Q4 '19: -11.2M Q1 '20: 1.3M Q2 '20: -16.5M Q3 '20: -5.3M Q4 '20: 4.5M Q1 '21: 19.3M Q2 '21: -10.3M Q3 '21: -6.3M Q4 '21: -6M Q1 '22: 21M Q2 '22: -17.1M Q3 '22: -3.1M Q4 '22: -328K Q1 '23: 35.7M Q2 '23: 4.3M Q3 '23: 6M Q4 '23: 8.3M Q1 '24: 56.4M Q2 '24: 10.9M Q3 '24: 21.3M Q4 '24: 19.9M Q1 '25: 65.7M Q2 '25: 18M Q3 '25: 30.4M Q4 '25: 20.7M Q1 '26: 50.1M Q2 '26: 20.7M Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

Operating cash flow minus capital expenditure.

Shares Outstanding Quarterly

0 40M 80M 120M Q2 '20: 94.5M Q3 '20: 94.8M Q1 '21: 100.2M Q2 '21: 106.4M Q3 '21: 107M Q1 '22: 108.2M Q2 '22: 109.7M Q3 '22: 110M Q1 '23: 108.4M Q2 '23: 109.7M Q3 '23: 109.4M Q1 '24: 110M Q2 '24: 111.9M Q3 '24: 112.3M Q1 '25: 112.7M Q2 '25: 112.1M Q3 '25: 115M Q1 '26: 115.8M Q2 '26: 114.8M Q2 '20 Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q2 '26

Weighted average diluted, as the filer reports it for each period. An average cannot be added across periods, so this one is always shown per period the filer tagged rather than as a trailing year.

EPS TTM

-2.70 -1.80 -0.90 0.00 0.90 1.80 2.70 Q4 '13: -1.93 Q1 '14: -1.42 Q2 '14: -1.19 Q3 '14: -0.79 Q4 '14: -1.14 Q1 '15: -0.92 Q2 '15: -0.98 Q3 '15: -0.91 Q4 '15: -0.84 Q1 '16: -0.73 Q2 '16: -0.73 Q3 '16: -0.71 Q4 '16: -0.54 Q1 '17: -0.57 Q2 '17: -0.53 Q3 '17: -0.48 Q4 '17: -0.50 Q1 '18: -0.60 Q2 '18: -0.83 Q3 '18: -0.96 Q4 '18: -0.98 Q1 '19: -1.21 Q2 '19: -1.58 Q3 '19: -1.89 Q4 '19: -2.60 Q1 '20: -2.18 Q2 '20: -1.63 Q3 '20: -1.27 Q4 '20: -1.00 Q1 '21: -1.02 Q2 '21: -1.07 Q3 '21: -1.09 Q4 '21: -1.12 Q1 '22: -1.21 Q2 '22: -1.23 Q3 '22: -1.27 Q4 '22: -1.14 Q1 '23: -1.04 Q2 '23: -1.06 Q3 '23: -1.01 Q4 '23: -0.91 Q1 '24: -0.93 Q2 '24: -0.79 Q3 '24: -0.74 Q4 '24: -0.86 Q1 '25: -0.81 Q2 '25: -0.92 Q3 '25: -1.02 Q4 '25: -1.13 Q1 '26: -1.13 Q2 '26: -1.22 Q1 '14 Q4 '15 Q3 '17 Q2 '19 Q1 '21 Q4 '22 Q3 '24 Q2 '26

The filer's own published earnings a share for each quarter, four quarters added up. The company page divides trailing net income by the share count instead, which lands within about 1% of this and is not the same sum, so the two are named differently rather than presented as one figure.