Varonis Systems, Inc. (VRNS)

From the record

Varonis Systems, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Varonis Systems, Inc.'s 10 filed years say what it did: revenue went from $166 million in fiscal 2016 to $624 million in fiscal 2025, up 15.9% a year; it rose in 8 of 9 years; the deepest fall was 6% from fiscal 2018 to fiscal 2019; net income was positive in 0 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Varonis Systems, Inc.'s diluted share count grew about 1.5% a year, and dividends and buybacks returned about 49% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 5 purchases of their own stock on the open market in the year to 2026-11-05, buying about $1 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Varonis Systems, Inc. lost about 22 cents for every dollar of shareholders' money, and gross profitability: its products earned about 27 cents per dollar of everything the company owns. Leverage: it owed about 67 cents per dollar of assets, and net share issuance: its share count grew 2.5% over the year (the filed statements).

From the record

Varonis Systems, Inc.'s standing among 218 graded names in its industry family: revenue of $624 million in fiscal 2025 ranks in the top 44% by size; a net margin of -20.7% ranks in the bottom 30%; revenue growth of 9.6% a year over the last 3 filed years ranks in the bottom 42% (its annual reports).

From the record

Varonis Systems, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Faitelson, Yakov (CEO, President, Chairman, as filed), filing under that title since 2014-02-27, 12.7 years (top 7% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 11.4 years (top 6%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (top 17%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Varonis Systems, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $202 million against no long-term debt tagged leaves 11.3% of its assets as net cash, bottom 45% of its family; cash from operations less capital spending is 21.6% of revenue (top 33%); a gross margin of 78.8% (top 23%); research spending of 38.1% of revenue (top 17%) (its annual report).

From the record

Varonis Systems, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 9.6% a year over the last three filed years against 15.9% over all 10, slowing (bottom 47% of its family); the newest year grew 13.2% (top 50%); research spending grew 10.2% a year (top 43%); capital spending grew 3.5% a year (top 46%) (its annual reports). Varonis Systems, Inc. reported 3 product lines in fiscal 2025: Software As A Service at $463 million (74%), Subscription and Circulation at $110 million (18%), Maintenance at $51 million (8%); 1 of 3 grew against the year before (its annual report).

From the record

Varonis Systems, Inc.'s newest year against its own record: revenue of $624 million in fiscal 2025 came in 4.9% above the $594 million its prior three years' pace pointed to (top 27% of its family); net income of $129 million against a prior three-year average of $107 million (bottom 22%); a net margin of -20.7% against -21.3% before (bottom 29%) (its annual reports).