Varonis Systems Inc. (VRNS) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
Varonis Systems Inc. (VRNS) carries a Roarable Rating of C (Hold) with 63/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How VRNS Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $623.5M | 78.8% | -23.5% | -$129.3M | $134.8M | -14.2% |
| FY 2024 | $551.0M | 83% | -21.4% | -$95.8M | $108.5M | -14.1% |
| FY 2023 | $623.5M | 0% | -18.8% | -$100.9M | $59.4M | -5% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring VRNS)
- ✓Live walkthrough of VRNS's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
VRNS Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +4.4% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on VRNS today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for VRNS. Explore sector supply chains on /butterfly.
VRNS Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is Varonis Systems Inc. (VRNS)?
In FY 2025 (10-K), VRNS converted $623.5M of revenue into a 78.8% gross margin, 0% operating margin, and $134.8M in free cash flow (21.6% FCF margin).