Varonis Systems (VRNS) Revenue & Revenue Breakdown

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Varonis Systems Revenue Highlights

Latest Revenue (Y)

$623.53M

Latest Revenue (Q)

$173.13M

Main Segment (Y)

Software as a Service

Main Geography (Y)

UNITED STATES

Varonis Systems Revenue by Period

Varonis Systems Revenue by Year

Date	Revenue	Change
2025-12-31	$623.53M	13.17%
2024-12-31	$550.95M	10.38%
2023-12-31	$499.16M	5.39%
2022-12-31	$473.63M	21.40%
2021-12-31	$390.13M	33.29%
2020-12-31	$292.69M	15.15%
2019-12-31	$254.19M	-5.96%
2018-12-31	$270.29M	24.35%
2017-12-31	$217.36M	32.17%
2016-12-31	$164.46M	29.28%
2015-12-31	$127.21M	25.52%
2014-12-31	$101.35M	35.83%
2013-12-31	$74.62M	39.70%
2012-12-31	$53.41M	34.27%
2011-12-31	$39.78M	37.81%
2010-12-31	$28.86M	-93.91%
2001-12-31	$473.63M	-

Varonis Systems generated $623.53M in revenue during NA 2025, up 13.17% compared to the previous quarter, and up 213.04% compared to the same period a year ago.

Varonis Systems Revenue by Quarter

Date	Revenue	Change
2026-03-31	$173.13M	-0.14%
2025-12-31	$173.37M	7.30%
2025-09-30	$161.58M	6.19%
2025-06-30	$152.16M	11.54%
2025-03-31	$136.42M	-13.94%
2024-12-31	$158.51M	7.05%
2024-09-30	$148.07M	13.60%
2024-06-30	$130.35M	14.32%
2024-03-31	$114.02M	-26.01%
2023-12-31	$154.10M	25.99%
2023-09-30	$122.31M	5.97%
2023-06-30	$115.42M	7.53%
2023-03-31	$107.33M	-24.74%
2022-12-31	$142.62M	15.66%
2022-09-30	$123.31M	10.64%
2022-06-30	$111.45M	15.78%
2022-03-31	$96.26M	-23.95%
2021-12-31	$126.58M	26.13%
2021-09-30	$100.35M	13.50%
2021-06-30	$88.42M	18.23%
2021-03-31	$74.78M	-21.44%
2020-12-31	$95.20M	24.03%
2020-09-30	$76.75M	15.30%
2020-06-30	$66.56M	22.87%
2020-03-31	$54.18M	-25.34%
2019-12-31	$72.56M	10.53%
2019-09-30	$65.65M	10.11%
2019-06-30	$59.62M	5.79%
2019-03-31	$56.36M	-35.60%
2018-12-31	$87.52M	30.52%
2018-09-30	$67.05M	7.82%
2018-06-30	$62.19M	16.18%
2018-03-31	$53.53M	-26.88%
2017-12-31	$73.21M	36.58%
2017-09-30	$53.60M	6.83%
2017-06-30	$50.17M	24.25%
2017-03-31	$40.38M	-25.78%
2016-12-31	$54.41M	32.91%
2016-09-30	$40.94M	5.94%
2016-06-30	$38.64M	26.82%
2016-03-31	$30.47M	-30.49%
2015-12-31	$43.84M	40.34%
2015-09-30	$31.24M	7.16%
2015-06-30	$29.15M	26.82%
2015-03-31	$22.99M	-31.82%
2014-12-31	$33.71M	31.89%
2014-09-30	$25.56M	3.85%
2014-06-30	$24.62M	41.03%
2014-03-31	$17.45M	-32.05%
2013-12-31	$25.69M	38.78%
2013-09-30	$18.51M	3.77%
2013-06-30	$17.84M	41.79%
2013-03-31	$12.58M	-32.21%
2012-12-31	$18.56M	-

Varonis Systems generated $173.13M in revenue during Q1 2026, up -0.14% compared to the previous quarter, and up 109.22% compared to the same period a year ago.

Varonis Systems Revenue Breakdown

Varonis Systems Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Software as a Service	$462.60M	$208.78M	-	-	-
Subscription and Circulation	$109.64M	$254.24M	$400.91M	$366.14M	$268.94M
Maintenance	$51.30M	$87.93M	$98.25M	$107.49M	$119.30M
License	-	-	-	-	$1.89M

Varonis Systems's latest annual revenue breakdown by segment (product or service), as of Dec 25: Software as a Service (74.19%), Subscription and Circulation (17.58%), and Maintenance (8.23%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
Software as a Service	$161.06M	$142.32M	$125.82M	$105.89M	$88.56M	$72.21M	$57.80M	$44.78M	$33.98M	-	-	-	-	-	-	-	-	-	-	-
Maintenance	$5.17M	$10.09M	$10.94M	$13.89M	$16.38M	$19.53M	$21.51M	$22.83M	$24.06M	$24.93M	$24.63M	$24.33M	$24.36M	$25.89M	$27.26M	$27.07M	$27.28M	$29.61M	$30.00M	$30.02M
Subscription and Circulation	$6.90M	$20.96M	$24.81M	$32.37M	$31.49M	$66.78M	$68.75M	$62.73M	$55.98M	$129.16M	$97.68M	$91.09M	$82.97M	$116.73M	$96.05M	$84.38M	$68.98M	$96.03M	$70.03M	$58.06M
License	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$940.00K	$324.00K	$340.00K

Varonis Systems's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Software as a Service (93.03%), Subscription and Circulation (3.98%), and Maintenance (2.98%).

Varonis Systems Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Rest of World	$49.47M	$35.82M	$15.77M	$13.49M	$9.34M
EMEA	$133.59M	$114.36M	$109.59M	$107.85M	$101.69M
UNITED STATES	$440.47M	$400.78M	-	-	-
North America	-	$400.78M	$373.81M	$352.30M	$279.10M

Varonis Systems's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (70.64%), EMEA (21.42%), and Rest of World (7.93%).

Quarterly Revenue by Country

Country	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21
Rest of World	$13.34M	$13.23M	$12.09M	$11.75M	$12.40M	$21.54M	$4.85M	$5.71M	$3.71M	$5.30M	$3.62M	$3.68M	$3.17M	$3.94M	$3.17M	$3.46M	$2.91M	$3.30M	$1.94M	$2.35M
EMEA	$35.78M	$42.15M	$31.30M	$31.75M	$28.39M	$33.14M	$27.99M	$29.07M	$24.15M	$35.42M	$24.02M	$27.23M	$22.92M	$34.37M	$22.12M	$27.15M	$24.21M	$34.19M	$22.80M	$24.47M
UNITED STATES	$124.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
North America	-	-	$118.19M	$108.66M	$95.63M	$115.22M	$95.57M	$86.16M	$113.38M	$94.66M	$84.51M	$81.25M	$104.30M	$98.02M	$80.83M	$69.14M	$89.09M	$75.61M	$61.60M	-

Varonis Systems's latest quarterly revenue breakdown by geography, as of Mar 26: UNITED STATES (71.62%), EMEA (20.67%), and Rest of World (7.71%).

Varonis Systems Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
COMP	Compass	$6.96B	$2.70B
STNE	StoneCo	$5.13B	$1.21B
BOX	Box	$1.18B	$305.94M
DOCN	DigitalOcean	$901.43M	$257.90M
SLAB	Silicon Laboratories	$784.76M	$213.50M
QLYS	Qualys	$669.13M	$175.64M
DLO	DLocal	$650.35M	$184.43M
VRNS	Varonis Systems	$623.53M	$173.13M
NAVN	Navan	$536.84M	$171.95M
VIA	Via Transportation	$434.34M	$159.03M
CLBT	Cellebrite DI	$325.11M	$89.58M

VRNS Revenue FAQ

What is Varonis Systems’s yearly revenue?

Varonis Systems's yearly revenue for 2025 was $623.53M, representing an increase of 13.17% compared to 2024. The company's yearly revenue for 2024 was $550.95M, representing an increase of 10.38% compared to 2023. VRNS's yearly revenue for 2023 was $499.16M, representing an increase of 5.39% compared to 2022.

What is Varonis Systems’s quarterly revenue?

Varonis Systems's quarterly revenue for Q1 2026 was $173.13M, a -0.14% decrease from the previous quarter (Q4 2025), and a 26.90% increase year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $173.37M, a 7.30% increase from the previous quarter (Q3 2025), and a 9.37% increase year-over-year (Q4 2024). VRNS's quarterly revenue for Q3 2025 was $161.58M, a 6.19% increase from the previous quarter (Q2 2025), and a 9.12% increase year-over-year (Q3 2024).

What is Varonis Systems’s revenue growth rate?

Varonis Systems's revenue growth rate for the last 3 years (2023-2025) was 24.92%, and for the last 5 years (2021-2025) was 59.83%.

What are Varonis Systems’s revenue streams?

Varonis Systems's revenue streams in c 25 are Software as a Service, Subscription and Circulation, and Maintenance. Software as a Service generated $462.6M in revenue, accounting 74.19% of the company's total revenue, up 121.57% year-over-year. Subscription and Circulation generated $109.64M in revenue, accounting 17.58% of the company's total revenue, down -56.88% year-over-year. Maintenance generated $51.3M in revenue, accounting 8.23% of the company's total revenue, down -41.65% year-over-year.

What is Varonis Systems’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Varonis Systems was Software as a Service. This segment made a revenue of $462.6M, representing 74.19% of the company's total revenue.