Varonis Systems, Inc.
VRNS · NASDAQ
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $550,950 | $499,160 | $473,634 | $390,134 |
| % Growth | 10.4% | 5.4% | 21.4% | – |
| Cost of Goods Sold | $93,847 | $71,751 | $69,836 | $59,399 |
| Gross Profit | $457,103 | $427,409 | $403,798 | $330,735 |
| % Margin | 83% | 85.6% | 85.3% | 84.8% |
| R&D Expenses | $196,765 | $183,838 | $177,881 | $137,882 |
| G&A Expenses | $0 | $0 | $0 | $0 |
| SG&A Expenses | $367,148 | $375,050 | $343,327 | $300,448 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $0 | $0 | $0 | $0 |
| Operating Expenses | $563,913 | $558,888 | $521,208 | $438,330 |
| Operating Income | -$106,810 | -$131,479 | -$117,410 | -$107,595 |
| % Margin | -19.4% | -26.3% | -24.8% | -27.6% |
| Other Income/Exp. Net | $23,803 | $44,561 | $6,595 | -$3,244 |
| Pre-Tax Income | -$83,007 | -$86,918 | -$110,815 | -$110,839 |
| Tax Expense | $12,758 | $13,998 | $13,703 | $6,022 |
| Net Income | -$95,765 | -$100,916 | -$124,518 | -$116,861 |
| % Margin | -17.4% | -20.2% | -26.3% | -30% |
| EPS | -0.86 | -0.92 | -1.14 | -1.11 |
| % Growth | 6.5% | 19.3% | -2.7% | – |
| EPS Diluted | -0.86 | -0.92 | -1.14 | -1.11 |
| Weighted Avg Shares Out | 111,661 | 109,142 | 109,281 | 105,306 |
| Weighted Avg Shares Out Dil | 111,661 | 109,142 | 109,281 | 105,306 |
| Supplemental Information | – | – | – | – |
| Interest Income | $43,045 | $34,561 | $10,414 | $164 |
| Interest Expense | $8,302 | $4,664 | $7,294 | $11,569 |
| Depreciation & Amortization | $11,126 | $11,702 | $21,481 | $19,120 |
| EBITDA | -$63,579 | -$70,552 | -$82,040 | -$80,150 |
| % Margin | -11.5% | -14.1% | -17.3% | -20.5% |