Company overview
What does VARONIS SYSTEMS INC do?
VARONIS SYSTEMS INC (VRNS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7372 (Services-Prepackaged Software).
What does VARONIS SYSTEMS INC do?
VARONIS SYSTEMS INC (VRNS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7372 (Services-Prepackaged Software).
What industry is VARONIS SYSTEMS INC in?
Technology · Services-Prepackaged Software
What was VARONIS SYSTEMS INC's latest reported revenue?
$67.1M for Q3 2018, from 10-Q filed Oct 30, 2018.
What changed in the latest comparable period?
Revenue increased +25.6% ($53.4M to $67.1M; Q3 2017 vs Q3 2018).
Business model (from the public record)
Belvedere describes the business using the issuer’s SEC classification and the company description extracted from public filings. Segment mix, customer identity, and recurring-versus-transactional revenue are shown only when those facts are identified in the filing extract—not inferred.
Technology · Services-Prepackaged Software · United States
Financial profile
- Revenue
- $67.1M 10-Q · Q3 2018 · Filed Oct 30, 2018
- Revenue growth YoY
- +25.6% Belvedere calculation · 10-Q · Q3 2018 · Filed Oct 30, 2018
- Gross margin
- +89.5% Belvedere calculation · 10-Q · Q3 2018 · Filed Oct 30, 2019
- Operating margin
- -10.2% Belvedere calculation · 10-Q · Q3 2018 · Filed Oct 30, 2019
- Net income
- -$7.3M 10-Q · Q3 2018 · Filed Oct 30, 2019
- Operating cash flow
- — Not identified in latest matched XBRL period
- Capex
- — Not identified in latest matched XBRL period
- Belvedere FCF
- — Not identified in latest matched XBRL period
- FCF margin
- — Not identified in latest matched XBRL period
- Cash
- $233.6M 10-Q · Jun 30, 2026 · Filed Jul 29, 2026
- Debt
- — Not identified in latest matched XBRL period
- Net debt
- -$233.6M Belvedere calculation · 10-Q · Jun 30, 2026 · Filed Jul 29, 2026
- Shares
- 114,853,875 10-Q · Jun 30, 2026 · Filed Jul 29, 2026
Balance sheet snapshot
Cash $233.6M. Identified debt —. Net debt -$233.6M. Missing debt tags are not treated as a zero-debt capital structure.
Financial information is derived from public filings and other identified sources. Belvedere calculations may differ from company-defined non-GAAP measures. See methodology and source notes. Valuation multiples are omitted because a licensed market-data provider is not configured.
Latest filings
| Form | Filed | Period | Accession | Source |
|---|---|---|---|---|
| 10-Q | Jul 29, 2026 | Jun 30, 2026 | 0001628280-26-050630 | SEC |
| 8-K | Jul 28, 2026 | Jul 28, 2026 | 0001171843-26-004948 | SEC |
| 8-K | Jun 2, 2026 | Jun 1, 2026 | 0001171843-26-003887 | SEC |
| 10-Q | Apr 29, 2026 | Mar 31, 2026 | 0001628280-26-028411 | SEC |
| 8-K | Apr 28, 2026 | Apr 28, 2026 | 0001171843-26-002774 | SEC |
| DEF 14A | Apr 17, 2026 | Jun 1, 2026 | 0001140361-26-015263 | SEC |
What changed
Each line is an arithmetic comparison of sourced facts. It is not a thesis.
Research view
Belvedere has not published an initiation or update on VARONIS SYSTEMS INC. Universe inclusion is not a rating, a forecast, or coverage in the sell-side sense.
Research Radar
| Kind | Change | Explanation | Source | Date |
|---|---|---|---|---|
| Cash | $233.6M | Cash and cash equivalents were $233.6M as of the latest reported balance-sheet date. | 10-Q · CashAndCashEquivalentsAtCarryingValue | Jul 29, 2026 |
| Share count | $114.9M | Shares outstanding were 114,853,875 as of the latest reported date. | 10-Q · CommonStockSharesOutstanding | Jul 29, 2026 |
| Margin change | $0.895 | Reported gross margin was +89.5% in the latest comparable period. | 10-Q · BelvedereGrossMargin | Oct 30, 2019 |
| Revenue | +25.6% | Revenue increased +25.6% ($53.4M to $67.1M; Q3 2017 vs Q3 2018). | 10-Q · Revenues | Oct 30, 2018 |
| Revenue acceleration | -0.2 pp | Quarterly revenue YoY growth moved from +25.8% to +25.6% (-0.2 percentage points). | 10-Q · BelvedereRevenueGrowthYoY | Oct 30, 2018 |
Rankings
- Fastest-Growing Companies in the Belvedere Universe · rank 16 · +25.6%
- Strongest Balance Sheets · rank 38 · +14.1%
- Technology Companies by Revenue Growth · rank 10 · +25.6%
Industry context
VARONIS SYSTEMS INC is mapped to Technology (Services-Prepackaged Software) from SIC metadata on the SEC submission. Mapping is a classification convenience, not a claim that every peer is economically comparable.
Belvedere Research Profile
This measures researchable information characteristics. It is not investment advice, a credit rating, or a buy/sell/hold recommendation.
Presence of core income-statement, cash-flow and balance-sheet concepts in SEC XBRL.
Comparable-period revenue history and operating-result availability.
Availability of margin, cash-flow and per-share concepts used in screening.
SEC periodic reports, current reports, proxy statement and website identified in submissions.
Distinct filing years in the current archive window plus comparable prior-period revenue.
Risks
Belvedere does not manufacture generic risk language. Material risks are those the issuer discloses in its periodic reports, particularly Item 1A of the latest Form 10-K.
A Form 10-K was not present in the current filing window.
Sources
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q3 2018
- Filed
- Oct 30, 2018
- Accession
- 0001628280-18-013109
- Concept
- Revenues
- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Q3 2018
- Filed
- Oct 30, 2018
- Accession
- 0001628280-18-013109
- Concept
- BelvedereRevenueGrowthYoY
(Revenues 2018-09-30 / Revenues 2017-09-30) - 1
View filing- Source
- U.S. Securities and Exchange Commission
- Form
- 10-Q
- Period
- Jun 30, 2026
- Filed
- Jul 29, 2026
- Accession
- 0001628280-26-050630
- Concept
- CashAndCashEquivalentsAtCarryingValue
Disclosure
Belvedere Research publishes informational analysis. Nothing on this site is investment advice, an offer, or a solicitation to buy or sell any security.
This page is a company intelligence / data profile. It is not a research report unless a dated note is attached above. Rankings appearing here are independent of any issuer compensation.
Frequently asked questions
- What does VARONIS SYSTEMS INC do?
- VARONIS SYSTEMS INC (VRNS) is a U.S. SEC registrant. The Commission classifies the issuer under SIC 7372 (Services-Prepackaged Software).
- What industry is VARONIS SYSTEMS INC in?
- VARONIS SYSTEMS INC is classified in Technology (Services-Prepackaged Software).
- When did VARONIS SYSTEMS INC last file a periodic report?
- VARONIS SYSTEMS INC last filed a 10-Q on Jul 29, 2026 (accession 0001628280-26-050630).
- What was VARONIS SYSTEMS INC's latest revenue?
- $67.1M for Q3 2018, sourced from 10-Q filed Oct 30, 2018.
- Does Belvedere cover VARONIS SYSTEMS INC?
- VARONIS SYSTEMS INC is in the Belvedere universe. Presence in the universe is not the same as active initiation coverage.