Every 10-Q that Varonis Sys Inc (VRNS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow VRNS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VRNS filings page.
Varonis Systems, Inc. reported Q1 2026 total revenues of $173.1 million, up from $136.4 million a year earlier, driven by rapid growth in its SaaS platform. SaaS revenues rose to $161.1 million, or 93% of total revenues, while legacy term license and maintenance revenues continued to decline.
The company remained unprofitable, with an operating loss of $44.5 million and a net loss of $36.9 million, matching a basic and diluted net loss per share of $0.32. Operating cash flow was positive at $55.0 million.
Varonis ended the quarter with $179.3 million in cash and cash equivalents and $681.8 million in US Treasury marketable securities split between short- and long-term holdings, alongside $452.8 million in 1.00% convertible senior notes due 2029. Remaining performance obligations were $1.10 billion.
The company continued its shift to SaaS and AI security. SaaS annual recurring revenue reached $683.2 million, up 69% year over year, and SaaS ARR excluding conversions was $522.6 million, up 29%. Varonis acquired AllTrue.ai for a preliminary purchase price of $114.5 million plus up to $65.8 million in conditional consideration, adding AI system security capabilities and contributing to an increase in goodwill and intangible assets.
Varonis Systems (VRNS) filed its Q3 2025 10‑Q. Revenue rose to $161.6M from $148.1M a year ago as SaaS grew to $125.8M while term licenses declined to $24.8M. Gross profit was $126.4M versus $124.1M. Operating expenses increased, leading to a larger operating loss of $35.9M and a net loss of $29.9M (vs. $18.3M).
The shift to subscriptions continued: deferred revenues reached $341.5M (current and long‑term combined), and remaining performance obligations were $930.7M, with about 54% expected over the next 12 months. Cash from operating activities for the first nine months was $122.7M.
Liquidity remained solid with cash and cash equivalents of $157.4M, current marketable securities of $513.9M, and long‑term marketable securities of $395.7M. The company settled its 2025 converts and had $451.8M net carrying amount of 2029 notes outstanding. It completed a $100M buyback earlier in 2025 and authorized a new $150M program in October 2025. Acquisitions of Cyral and SlashNext added technology and customers, increasing goodwill to $135.2M. Shares outstanding were 117,897,308 as of October 24, 2025.