vrns: the income statement

MyFinsight

For the quarter ending 2025-09-30, VRNS made $161,577K in revenue. -$29,942K in net income. Net profit margin of -18.53%.

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

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Revenue	161,577	152,163	136,423	148,068
Cost of revenues	35,149	31,249	29,018	24,007
Gross profit	126,428	120,914	107,405	124,061
Research and development	62,737	56,247	54,210	53,459
Sales and marketing	74,025	76,578	72,763	71,378
General and administrative	25,600	24,641	24,198	22,864
Total operating expenses	162,362	157,466	151,171	147,701
Operating loss	-35,934	-36,552	-43,766	-23,640
Financial income, net	7,806	4,967	11,951	10,245
Loss before income taxes	-28,128	-31,585	-31,815	-13,395
Income taxes	1,814	4,239	3,968	4,938
Net loss	-29,942	-35,824	-35,783	-18,333

Net loss per share of common stock, basic (in dollars per share)	-0.26	-0.32	-0.32	-0.16
Net loss per share of common stock, diluted (in dollars per share)	-0.26	-0.32	-0.32	-0.16
Weighted average number of shares used in computing net loss per share of common stock, basic (in shares)	114,974,455	112,054,715	112,651,178	112,268,210
Weighted average number of shares used in computing net loss per share of common stock, diluted (in shares)	114,974,455	112,054,715	112,651,178	112,268,210