Varonis Systems, Inc. (VRNS)

The company now

Varonis reported third-quarter 2026 revenue of $189.5 million on 3 November, against $161.6 million a year earlier 12. That is growth of 17.3 percent (computed) 2.

Almost all of it came from subscriptions delivered over the internet, called SaaS: $185.1 million, up from $125.8 million 2. Older licences that customers install themselves fell to $1.2 million from $24.8 million, mostly because customers moved to SaaS 2.

The company still lost money on a GAAP basis, the standard accounting rules 2. Its operating loss was $47.7 million, against $35.9 million a year earlier 2. SaaS annual recurring revenue, the yearly value of live SaaS contracts, was $774.6 million 2.

The bigger news is the sale 3. On 15 October 2026 Varonis agreed to be bought by Proofpoint, a company owned by funds advised by Thoma Bravo, for $49.75 in cash for each share 3.

The companies describe the deal as worth about $6.3 billion, and Varonis expects it to close in the first half of 2027 34. Because of the pending deal, Varonis gave no guidance and held no earnings call 2.

The open questions are the vote of Varonis stockholders and approvals from regulators 3.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.