For the year ending 2025-12-31, VRNS has $1,791,612K in assets. $202,482K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 202,482 | 185,585 | 230,740 | 367,800 |
| Marketable securities | 681,225 | 343,383 | 253,175 | 236,338 |
| Short-term deposits | 37,259 | 39,450 | 49,800 | 128,350 |
| Trade receivables (net of allowance of 1,260 and 2,518 at december 31, 2025 and december 31, 2024, respectively) | 242,822 | 192,832 | 169,116 | 135,979 |
| Prepaid expenses and other short-term assets | 134,767 | 116,824 | 64,326 | 37,190 |
| Total current assets | 1,298,555 | 878,074 | 767,157 | 905,657 |
| Long-term marketable securities | 187,202 | 658,896 | 211,063 | - |
| Operating lease right-of-use assets | 57,677 | 45,593 | 51,838 | 56,772 |
| Property and equipment, gross | 92,272 | 82,073 | 79,488 | 80,235 |
| Accumulated depreciation | 56,240 | 51,278 | 45,524 | 41,192 |
| Property and equipment, net | 36,032 | 30,795 | 33,964 | 39,043 |
| Intangible assets, net | 16,687 | 0 | 1,263 | 2,788 |
| Goodwill | 135,276 | 23,135 | 23,135 | 23,135 |
| Other assets | 60,183 | 27,782 | 15,490 | 16,337 |
| Total long-term assets | 493,057 | 786,201 | 336,753 | 138,075 |
| Total assets | 1,791,612 | 1,664,275 | 1,103,910 | 1,043,732 |
| Trade payables | 5,735 | 4,313 | 672 | 2,962 |
| Accrued expenses and other short-term liabilities | 225,411 | 164,930 | 125,057 | 115,231 |
| Convertible senior notes, net | 0 | 250,529 | - | - |
| Deferred revenues | 427,811 | 290,113 | 181,049 | 110,550 |
| Total current liabilities | 658,957 | 709,885 | 306,778 | 228,743 |
| Convertible senior notes, net | 452,259 | 450,243 | 250,477 | 248,963 |
| Operating lease liabilities | 59,749 | 42,789 | 51,313 | 57,627 |
| Deferred revenues | 14,406 | 2,211 | 886 | 1,503 |
| Other liabilities | 7,585 | 3,491 | 4,808 | 4,771 |
| Total long-term liabilities | 533,999 | 498,734 | 307,484 | 312,864 |
| Common stock of 0.001 par value - authorized 200,000,000 shares at december 31, 2025 and december 31, 2024 issued and outstanding 117,546,852 shares at december 31, 2025 and 112,550,156 shares at december 31, 2024 | 118 | 113 | 109 | 108 |
| Accumulated other comprehensive income | 23,132 | 2,676 | -8,649 | -9,557 |
| Additional paid-in capital | 1,444,885 | 1,193,022 | 1,142,578 | 1,055,048 |
| Accumulated deficit | -869,479 | -740,155 | -644,390 | -543,474 |
| Total stockholders equity | 598,656 | 455,656 | 489,648 | 502,125 |
| Total liabilities and stockholders equity | 1,791,612 | 1,664,275 | 1,103,910 | 1,043,732 |
VARONIS SYSTEMS INC (VRNS)
VARONIS SYSTEMS INC (VRNS)