Financial insights of VRNS

MyFinsight

For the quarter ending 2026-03-31, VRNS made $173,126K in revenue. -$36,854K in net income. Net profit margin of -21.29%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenues	173,126	173,369	161,577	152,163
Cost of revenues	41,570	36,558	35,149	31,249
Gross profit	131,556	136,811	126,428	120,914
Research and development	69,761	64,620	62,737	56,247
Sales and marketing	80,336	77,976	74,025	76,578
General and administrative	25,940	24,477	25,600	24,641
Total operating expenses	176,037	167,073	162,362	157,466
Operating loss	-44,481	-30,262	-35,934	-36,552
Financial income, net	4,446	5,470	7,806	4,967
Loss before income taxes	-40,035	-24,792	-28,128	-31,585
Benefit (provision) for income taxes	-3,181	2,983	1,814	4,239
Net loss	-36,854	-27,775	-29,942	-35,824

Basic EPS	-0.32	-0.235	-0.26	-0.32
Diluted EPS	-0.32	-0.235	-0.26	-0.32
Basic Average Shares	115,788,061	117,971,956	114,974,455	112,054,715
Diluted Average Shares	115,788,061	117,971,956	114,974,455	112,054,715

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.