VARONIS SYSTEMS INC (VRNS)
Information Technology · Data Security and AI Threat Detection · NASDAQ
Varonis delivers AI-powered data security and detection-response platform protecting enterprise data across cloud, SaaS, and on-premises environments while securing AI agents and automating threat response at scale.
What VARONIS SYSTEMS INC does
Varonis is a data and AI security company that protects how organizations' data is accessed, used, and exposed across cloud services, SaaS applications, on-premises environments, and AI-enabled platforms. The company provides a unified SaaS-based data security platform combining data classification, risk detection, and automated threat response. Recently acquired capabilities in database activity monitoring (Cyral), email and collaboration security (SlashNext), and AI system security (AllTrue.ai) extend the platform's reach across the modern enterprise data footprint. The company operates a channel-led, enterprise-focused go-to-market model targeting large organizations while transitioning away from self-hosted offerings to a recurring SaaS revenue model.
Themes: ["Data security and governance"]
Fundamentals
- Price$45.81 as of 2026-07-09 close
- Market cap$5.3B as of 2026-07-10
- 1-year return-14.5% as of 2026-07-09 close
- Net margin-19.8% as of 2026-07-10
- Gross margin+78.1% as of 2026-07-10
- ROE-26.1% as of 2026-07-10
- Debt / equity1.00 as of 2026-07-10
- Revenue growth (YoY)+15.2% as of 2026-07-10
- Revenue CAGR (3y)+28.6% SEC XBRL
- Beta0.80 as of 2026-07-10
Key risks (from latest filing)
["Transition from self-hosted to SaaS-only model by end of 2026 may cause customer churn and revenue variability as remaining on-premises customers are converted or leave"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.