VARONIS SYSTEMS, INC. (VRNS)

Import this data to Google Sheets with:

=jivedata("VRNS","financials")

Full statements spill as a table. For one cell: =jivedata("VRNS","Revenue") or =jivedata("VRNS","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

VARONIS SYSTEMS, INC.

VRNS • CIK 0001361113

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Operating Income (Loss)	$-117,223	$-117,651	$-146,514	$-151,308
Nonoperating Income (Expense)	$30,305	$34,644	$30,194	$16,959
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	$-86,918	$-83,007	$-116,320	$-134,349
Income Tax Expense (Benefit)	$13,998	$12,758	$13,004	$7,031
Net Income (Loss) Attributable to Parent	$-100,916	$-95,765	$-129,324	$-141,380
Weighted Average Number of Shares Outstanding, Basic	109,141,894	111,660,541	114,413,076	117,365,600
Revenue from Contract with Customer, Including Assessed Tax	$499,160	$550,950	$623,532	$688,095
Cost of Revenue	$71,751	$93,847	$131,974	$157,789
Gross Profit	$427,409	$457,103	$491,558	$530,306
Research and Development Expense	$183,838	$196,765	$237,814	$270,457
Selling and Marketing Expense	$277,893	$288,769	$301,342	$311,315
General and Administrative Expense	$82,901	$89,220	$98,916	$99,842
Operating Expenses	$544,632	$574,754	$638,072	$681,614

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Cash and Cash Equivalents, at Carrying Value	$230,740	$185,585	$202,482	$233,643
Marketable Securities, Current	$253,175	$343,383	$681,225	$426,474
Deposits Assets, Current	$49,800	$39,450	$37,259	$38,149
Assets	$1,103,910	$1,664,275	$1,791,612	$1,654,395
Accounts Receivable, after Allowance for Credit Loss, Current	$169,116	$192,832	$242,822	$150,896
Prepaid Expense and Other Assets, Current	$64,326	$116,824	$134,767	$147,790
Assets, Current	$767,157	$878,074	$1,298,555	$996,952
Marketable Securities, Noncurrent	$211,063	$658,896	$187,202	$213,260
Operating Lease, Right-of-Use Asset	$51,838	$45,593	$57,677	$61,826
Property, Plant and Equipment, Net	$33,964	$30,795	$36,032	$40,314
Intangible Assets, Net (Excluding Goodwill)	$1,263	$0	$16,687	$56,006
Goodwill	$23,135	$23,135	$135,276	$215,082
Other Assets, Noncurrent	$15,490	$27,782	$60,183	$70,955
Assets, Noncurrent	$336,753	$786,201	$493,057	$657,443
Accounts Payable, Current	$672	$4,313	$5,735	$12,328
Accrued Liabilities and Other Liabilities	$125,057	$164,930	$225,411	$173,413
Convertible Debt, Current	—	$250,529	$0	$0
Contract with Customer, Liability, Current	$181,049	$290,113	$427,811	$420,198
Liabilities, Current	$306,778	$709,885	$658,957	$605,939
Convertible Debt, Noncurrent	$250,477	$450,243	$452,259	$453,278
Operating Lease, Liability, Noncurrent	$51,313	$42,789	$59,749	$62,854
Contract with Customer, Liability, Noncurrent	$886	$2,211	$14,406	$15,368
Other Liabilities, Noncurrent	$4,808	$3,491	$7,585	$72,463
Liabilities, Noncurrent	$307,484	$498,734	$533,999	$603,963
Common Stock, Value, Issued	$109	$113	$118	$115
Accumulated Other Comprehensive Income (Loss), Net of Tax	$-8,649	$2,676	$23,132	$27,159
Additional Paid in Capital	$1,142,578	$1,193,022	$1,444,885	$1,370,361
Retained Earnings (Accumulated Deficit)	$-644,390	$-740,155	$-869,479	$-953,142
Stockholders' Equity Attributable to Parent	$489,648	$455,656	$598,656	$444,493
Accounts Receivable, Allowance for Credit Loss, Current	$1,487	$2,518	$1,260	$1,458
Common Stock, Shares Authorized	200,000,000	200,000,000	200,000,000	200,000,000
Common Stock, Shares, Issued	109,103,721	112,550,156	117,546,852	114,853,875

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss) Attributable to Parent	$-100,916	$-95,765	$-129,324	$-141,380
Net Cash Provided by (Used in) Operating Activities	$59,416	$115,200	$147,431	$138,205
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$-137,060	$-45,155	$16,897	$34,412
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$230,740	$185,585	$202,482	$228,714
Depreciation, Depletion and Amortization	$11,703	$11,126	$12,309	$18,856
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale	—	$308,840	$364,955	$479,850
Share-based Payment Arrangement, Noncash Expense	$139,819	$126,682	$130,242	$132,486
Proceeds from Sale of Debt Securities, Available-for-sale	—	$111,552	$0	$141,319
Amortization of Deferred Sales Commissions	$21,531	$54,392	$51,920	$57,349
Payments to Acquire Marketable Securities	—	$949,841	$229,446	$329,381
Operating Lease, Right-of-Use Asset, Amortization Expense	$9,468	$9,526	$10,059	$10,508
Amortization of Debt Issuance Costs	—	$2,144	$2,976	$2,221
Accretion (Amortization) of Discounts and Premiums, Investments	$9,354	$12,690	$-2,267	$-3,364
Payments to Acquire Property, Plant, and Equipment	$5,099	$6,694	$12,628	$16,264
Other Research and Development Expense	—	$6,653	$0	$0
Payments to Develop Software	—	—	$2,893	$3,638
Net Cash Provided by (Used in) Investing Activities	$-143,076	$-532,255	$-837	$53,746
Increase (Decrease) in Accounts Receivable	$33,137	$23,716	$52,554	$-368
Proceeds from Stock Plans	$11,537	$16,082	$14,349	$15,156
Increase (Decrease) in Prepaid Expense and Other Assets	$21,459	$35,332	$-7,256	$-1,700
Payment, Tax Withholding, Share-based Payment Arrangement	$21,415	$38,295	$29,162	$22,209
Payments for Repurchase of Common Stock	$43,522	$0	$115,000	$150,000
Increase (Decrease) in Other Noncurrent Assets	$577	$-347	$1,134	$8,800
Repayments of Convertible Debt	—	—	$137	$137
Increase (Decrease) in Accounts Payable	$-2,290	$3,641	$1,229	$5,019
Proceeds from Derivative Instrument, Financing Activities	—	—	$253	$253
Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities	—	$17,317	$52,826	$50,508
Proceeds from Convertible Debt	—	$449,635	$0	$0
Increase (Decrease) in Contract with Customer, Liability	$69,882	$110,389	$148,074	$107,335
Increase (Decrease) in Other Noncurrent Liabilities	$474	$306	$2,404	$3,053
Net Cash Provided by (Used in) Financing Activities	$-53,400	$371,900	$-129,697	$-157,539
Income Taxes Paid	$16,089	$24,249	$3,585	$-1,119
Interest Paid, Excluding Capitalized Interest, Operating Activities	$3,196	$3,193	$7,724	$6,080
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$3,166	$3,148	$19,118	$25,285
Conversion of Stock, Amount Issued	—	$1,501	$251,439	$251,288

Loading financial statements…

Import this data to Google Sheets with:

=jivedata("VRNS","financials")

Full statements spill as a table. For one cell: =jivedata("VRNS","Revenue") or =jivedata("VRNS","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.