← VARONIS SYSTEMS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $164.5m |
$217.4m
+32.17%
|
$270.3m
+24.35%
|
$254.2m
-5.96%
|
$292.7m
+15.15%
|
$390.1m
+33.29%
|
$473.6m
+21.40%
|
$499.2m
+5.39%
|
$551.0m
+10.38%
|
$623.5m
+13.17%
|
$688.1m
+10.35%
|
|
| Cost of Revenue | $15.8m |
$20.9m
+31.75%
|
$27.7m
+32.63%
|
$35.1m
+26.95%
|
$44.3m
+25.94%
|
$59.4m
+34.20%
|
$69.8m
+17.57%
|
$71.8m
+2.74%
|
$93.8m
+30.80%
|
$132.0m
+40.63%
|
$157.8m
+19.56%
|
|
| Gross Profit | $148.6m |
$196.5m
+32.22%
|
$242.6m
+23.47%
|
$219.0m
-9.71%
|
$248.4m
+13.41%
|
$330.7m
+33.13%
|
$403.8m
+22.09%
|
$427.4m
+5.85%
|
$457.1m
+6.95%
|
$491.6m
+7.54%
|
$530.3m
+7.88%
|
|
| Research and Development Expense | $36.7m | $47.4m | $70.0m | $80.8m | $99.4m | $137.9m | $177.9m | $183.8m | $196.8m | $237.8m | $270.5m | |
| Selling and Marketing Expense | $107.8m | $135.9m | $168.3m | $169.9m | $179.9m | $230.3m | $275.1m | $277.9m | $288.8m | $301.3m | $411.2m | |
| General and Administrative Expense | $19.8m | $26.8m | $33.5m | $44.4m | $47.6m | $61.2m | $72.1m | $82.9m | $89.2m | $98.9m | $99.8m | |
| Amortization of Intangible Assets | — | — | — | — | $264k | $1.5m | $1.5m | $1.5m | $1.3m | $1.1m | — | |
| Operating Lease, Expense | — | — | — | — | $12.2m | $6.9m | $9.6m | $9.8m | $9.8m | $9.9m | — | |
| Operating Expenses | $164.3m | $210.1m | $271.7m | $295.0m | $326.8m | $429.4m | $525.0m | $544.6m | $574.8m | $638.1m | $681.6m | |
| Operating Income (Loss) | ($15.7m) |
($13.6m)
+13.36%
|
($29.1m)
-114.28%
|
($76.0m)
-160.81%
|
($78.4m)
-3.20%
|
($98.7m)
-25.86%
|
($121.2m)
-22.83%
|
($117.2m)
+3.30%
|
($117.7m)
-0.37%
|
($146.5m)
-24.53%
|
($151.3m)
-3.27%
|
|
| Interest Expense, Debt | — | — | — | — | $2.0m | $3.2m | — | — | — | — | $6.6m | |
| Other income (expense): | ||||||||||||
| Nonoperating Income (Expense) | ($885k) | $2.4m | $970k | ($389k) | ($7.5m) | ($12.1m) | $10.4m | $30.3m | $34.6m | $30.2m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($16.9m) | ($18.2m) | ($25.6m) | ($82.0m) | ($80.1m) | ($101.2m) | ($75.4m) | ($21.5m) | ($19.8m) | ($69.0m) | ($134.3m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($16.6m) | ($11.2m) | ($28.2m) | ($76.4m) | ($85.9m) | ($110.8m) | ($110.8m) | ($86.9m) | ($83.0m) | ($116.3m) | ($134.3m) | |
| Current Income Tax Expense (Benefit) | — | $2.6m | $1.7m | $2.3m | $9.1m | $4.8m | $13.4m | $13.9m | $12.7m | $12.8m | $7.0m | |
| Income Tax Expense (Benefit) | $1.1m | $2.5m | $413k | $2.4m | $8.1m | $6.0m | $13.7m | $14.0m | $12.8m | $13.0m | $7.0m | |
| Net Income (Loss) Attributable to Parent | ($17.7m) |
($13.7m)
+22.68%
|
($28.6m)
-108.69%
|
($78.8m)
-175.61%
|
($94.0m)
-19.36%
|
($116.9m)
-24.31%
|
($124.5m)
-6.55%
|
($100.9m)
+18.95%
|
($95.8m)
+5.10%
|
($129.3m)
-35.04%
|
($141.4m)
-9.32%
|
|
| Earnings Per Share, Basic | — | — | — | — | — | ($1.11) | ($1.14) | ($0.92) | ($0.86) | ($1.13) | ($1.22) | |
| Earnings Per Share, Diluted | — | — | — | — | — | ($1.11) | ($1.14) | ($0.92) | ($0.86) | ($1.13) | ($1.22) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | 105.3m | 109.3m | 109.1m | 111.7m | 114.4m | 115.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | 105.3m | 109.3m | 109.1m | 111.7m | 114.4m | 115.9m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $0 | — |