For the year ending 2025-12-31, VRNS made $623,532K in revenue. -$129,324K in net income. Net profit margin of -20.74%.
| 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 |
| Basic EPS | -1.13 | -0.86 | -0.92 | -1.14 |
| Diluted EPS | -1.13 | -0.86 | -0.92 | -1.14 |
| Basic Average Shares | 114,413,076 | 111,660,541 | 109,141,894 | 109,281,368 |
| Diluted Average Shares | 114,413,076 | 111,660,541 | 109,141,894 | 109,281,368 |
VARONIS SYSTEMS INC (VRNS)
VARONIS SYSTEMS INC (VRNS)