| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 157,354 | 199,231 | 153,107 | 282,218 |
| Marketable securities | 513,935 | 571,630 | 414,524 | 562,568 |
| Short-term deposits | 36,632 | 36,587 | 41,588 | 34,174 |
| Trade receivables (net of allowances of 2,332 and 2,518 at september 30, 2025 and december 31, 2024, respectively) | 142,628 | 149,703 | 123,579 | 119,203 |
| Prepaid expenses and other short-term assets | 110,837 | 111,212 | 85,292 | 76,206 |
| Total current assets | 961,386 | 1,068,363 | 818,090 | 1,074,369 |
| Long-term marketable securities | 395,651 | 364,203 | 591,702 | 332,329 |
| Operating lease right-of-use assets | 59,159 | 41,743 | 43,535 | 45,390 |
| Property and equipment, net | 34,740 | 33,088 | 31,078 | 28,908 |
| Intangible assets, net | 17,332 | 5,844 | 6,014 | 119 |
| Goodwill | 135,176 | 39,750 | 39,750 | 23,135 |
| Other assets | 61,562 | 62,021 | 46,925 | 16,904 |
| Total long-term assets | 703,620 | 546,649 | 759,004 | 446,785 |
| Total assets | 1,665,006 | 1,615,012 | 1,577,094 | 1,521,154 |
| Trade payables | 5,261 | 7,115 | 6,274 | 1,489 |
| Accrued expenses and other short-term liabilities | 193,074 | 190,344 | 156,780 | 123,256 |
| Convertible senior notes, net | 0 | 251,148 | 250,912 | 251,625 |
| Deferred revenues | 333,578 | 322,791 | 296,142 | 217,605 |
| Total current liabilities | 531,913 | 771,398 | 710,108 | 593,975 |
| Convertible senior notes, net | 451,754 | 451,247 | 450,746 | 449,759 |
| Operating lease liabilities | 59,921 | 39,865 | 40,559 | 43,654 |
| Deferred revenues | 7,930 | 108 | 126 | 1,530 |
| Other liabilities | 8,653 | 10,895 | 7,812 | 3,676 |
| Total long-term liabilities | 528,258 | 502,115 | 499,243 | 498,619 |
| Common stock of 0.001 par value - authorized 200,000,000 shares at september 30, 2025 and december 31, 2024 issued and outstanding 117,897,308 shares at september 30, 2025 and 112,550,156 shares at december 31, 2024 | 118 | 112 | 113 | 112 |
| Accumulated other comprehensive income | 18,382 | 14,497 | -1,162 | -4,381 |
| Additional paid-in capital | 1,428,039 | 1,138,652 | 1,144,730 | 1,159,990 |
| Accumulated deficit | -841,704 | -811,762 | -775,938 | -727,161 |
| Total stockholders equity | 604,835 | 341,499 | 367,743 | 428,560 |
| Total liabilities and stockholders equity | 1,665,006 | 1,615,012 | 1,577,094 | 1,521,154 |
VARONIS SYSTEMS INC (VRNS)
VARONIS SYSTEMS INC (VRNS)