The table below shows VARONIS SYSTEMS INC's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$623.53M
$550.95M
$499.16M
$473.63M
$390.13M
$292.69M
Cost of revenue
$131.97M
$93.85M
$71.75M
$69.84M
$59.40M
$44.26M
Gross profit
$491.56M
$457.10M
$427.41M
$403.80M
$330.74M
$248.43M
R&D
$237.81M
$196.76M
$183.84M
$177.88M
$137.88M
$99.36M
VRNS annual revenue (10-K history)
VARONIS SYSTEMS INC reported annual revenue of $623.53M for fiscal year 2025. That is up 13.2% from $550.95M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $165.86M (FY 2016) to $623.53M. Figures come from the company's audited annual reports as filed with the SEC.
