Financial insights of VRNS

MyFinsight

For the year ending 2025-12-31, VRNS made $623,532K in revenue. -$129,324K in net income. Net profit margin of -20.74%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenues	623,532	550,950	499,160	473,634
Cost of revenues	131,974	93,847	71,751	69,836
Gross profit	491,558	457,103	427,409	403,798
Research and development	237,814	196,765	183,838	177,881
Sales and marketing	301,342	288,769	277,893	275,090
General and administrative	98,916	89,220	82,901	72,055
Total operating expenses	638,072	574,754	544,632	525,026
Operating loss	-146,514	-117,651	-117,223	-121,228
Financial income, net	30,194	34,644	30,305	10,413
Loss before income taxes	-116,320	-83,007	-86,918	-110,815
Income taxes	13,004	12,758	13,998	13,703
Net loss	-129,324	-95,765	-100,916	-124,518

Net loss per share of common stock, basic (in usd per share)	-1.13	-0.86	-0.92	-1.14
Net loss per share of common stock, diluted (in usd per share)	-1.13	-0.86	-0.92	-1.14
Weighted average number of shares used in computing net loss per share of common stock, basic (in shares)	114,413,076	111,660,541	109,141,894	109,281,368
Weighted average number of shares used in computing net loss per share of common stock, diluted (in shares)	114,413,076	111,660,541	109,141,894	109,281,368