Varonis Systems, Inc.(VRNS) Stock Research - Grey Stern Research

Varonis Systems, Inc. (VRNS) Stock Analysis

$45.11 (-0.73%)

VRNS Financial Performance


Use the table below to view Varonis Systems, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $45.11 -
52 Week Low $41.13 -
52 Week High $60.58 -
Market Cap $5.1 Billion 7/18
Gross Margin 84% 2/18
Profit Margin 62% 1/18
EBITDA margin -13% 17/18
Q3 - 2024 Revenue $148.1 Million 12/18
Q3 - 2024 Earnings $91.5 Million 3/18
Q3 - 2024 Free Cash Flow $21.3 Million 11/18
Trailing 4 Quarters Revenue $546.5 Million 12/18
Trailing 4 Quarters Earnings $32.5 Million 9/18
Quarterly Earnings Growth 497% 3/18
Annual Earnings Growth 123% 2/18
Quarterly Revenue Growth 21% 5/18
Annual Revenue Growth 17% 5/18
Cash On Hand $282.2 Million 9/18
Short Term Debt $251.6 Million 4/18
Long Term Debt $745.0 Million 4/18

Varonis Systems, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Varonis Systems, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 156.24 2/18
PS 9.28 4/18
PB 0.00 14/18
PC 17.98 8/18
Liabilities to Equity 2.55 5/18
ROA 0.07 4/18
ROE 0.08 6/18
Current Ratio 0.41 18/18
Quick Ratio 0.77 8/18
Long Term Debt to Equity 1.74 4/18
Debt to Equity 1.74 4/18
Burn Rate 229.30 1/18
Cash to Cap 0.06 10/18
CCR 0.23 12/18
EV to EBITDA -288.93 14/18
EV to Revenue 10.13 3/18

Company Details

Varonis Systems, Inc. provides software products and services that allow enterprises to manage, analyze, alert, and secure enterprise data in North America, Europe, the Middle East, Africa, and internationally. Its software enables enterprises to protect data stored on premises and in the cloud, including sensitive files and emails; confidential personal data belonging to customers, and patients and employees' data; financial records; strategic and product plans; and other intellectual property. The company offers DatAdvantage that captures, aggregates, normalizes, and analyzes every data access event for users on Windows and UNIX/Linux servers, storage devices, email systems, Intranet servers, cloud applications, and data stores; and DatAlert that profiles users, devices, and their behaviors related to systems and data, detects and alerts on deviations that indicate compromise, and provides a Web-based dashboard and investigative interface. It also provides Data Classification Engine that identifies and tags data based on criteria set in various metadata dimensions, as well as provides business and information technology (IT) personnel with actionable intelligence about data; and DataPrivilege, which offers a self-service Web portal that allows users to request access to data necessary for their business functions, and owners to grant access without IT intervention. In addition, the company provides Data Transport Engine, which provides an execution engine that unifies the manipulation of data and metadata, translating business decisions, and instructions into technical commands, such as data migration or archiving; and DatAnswers that offers search functionality for enterprise data. Varonis Systems, Inc. sells products and services through a network of distributors and resellers. The company serves IT, security, and business personnel. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in New York, New York.

CEO: Mr. Yakov Faitelson

Website: https://www.varonis.com

Address: 1250 Broadway, 29th Floor New York City, NEW YORK

Exchange: NASDAQ Global Select

Industry: Software—Infrastructure

Varonis Systems, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Varonis Systems, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Okta, Inc. OKTA $13.8 Billion
Check Point Software Technologies Ltd. CHKP $20.2 Billion
Rapid7, Inc. RPD $2.5 Billion
CSG Systems International, Inc. CSGS $1.5 Billion
Wix.com Ltd. WIX $13.5 Billion
EVERTEC, Inc. EVTC $2.1 Billion
New Relic, Inc. NEWR $6.2 Billion
Qualys, Inc. QLYS $5.0 Billion
CyberArk Software Ltd. CYBR $17.1 Billion
Radware Ltd. RDWR $903.0 Million
Cognyte Software Ltd. CGNT $689.5 Million
Tenable Holdings, Inc. TENB $4.9 Billion
SentinelOne, Inc. S $7.0 Billion
LiveVox Holdings, Inc. LVOX $353.0 Million
Global Blue Group Holding AG GB $1.5 Billion
EngageSmart, Inc. ESMT $3.9 Billion
Consensus Cloud Solutions, Inc. CCSI $483.0 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
VRNS Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 148.1 Million $91.5 Million
Q2 2024 $ 130.3 Million -$23.9 Million
Q1 2024 $ 114.0 Million -$40.5 Million
Q4 2023 $ 154.1 Million $5.4 Million
Q3 2023 $ 122.3 Million -$23.0 Million
Q2 2023 $ 115.4 Million -$38.7 Million
Q1 2023 $ 107.3 Million -$38.3 Million
Q4 2022 $ 142.6 Million -$10.7 Million

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VRNS Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $282.2 Million $446.8 Million $745.0 Million $428.6 Million
Q2 2024 $155.4 Million $1.1 Billion $306.7 Million $458.6 Million
Q1 2024 $147.1 Million $1.1 Billion $309.0 Million $452.3 Million
Q4 2023 $230.7 Million $336.8 Million $301.8 Million $489.6 Million
Q3 2023 $111.2 Million $1.0 Billion $301.5 Million $444.6 Million
Q2 2023 $399.2 Million $1.0 Billion $303.3 Million $470.7 Million
Q1 2023 $248.6 Million $1.0 Billion $305.3 Million $481.3 Million
Q4 2022 $367.8 Million $1.0 Billion $316.5 Million $502.1 Million

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VRNS Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $21.3 Million -$1.2 Million $126.8 Million
Q2 2024 $10.9 Million -$819,000 $8.4 Million
Q1 2024 $56.4 Million -$297,000 -$83.7 Million
Q4 2023 $8.3 Million -$2.2 Million $119.5 Million
Q3 2023 $6.0 Million -$342,000 -$288.0 Million
Q2 2023 $4.3 Million -$1.5 Million $150.6 Million
Q1 2023 $35.7 Million -$1.1 Million -$119.2 Million
Q4 2022 -$328,000 -$3.8 Million -$386.4 Million

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