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VRNS · Varonis Systems Inc

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$43.92 -0.86 (-1.92%) At close · Aug 28
Market Cap
$5.04B
Shares
114.86M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$43.92 Open$44.52 Day$43.79–45.05 52W close$20.19–63.31 Avg vol 30d1.6M Short int8.2M · 7.2% float · 5.6d Short vol77% Last earningsJul 28, 2026 DataMar 2021–Aug 2026 Filing10-Q · Jul 29

Raw chart and full-history price indicators begin at the captured split on Mar 15, 2021; bars on opposite sides are not compared.

Up next

Next earnings call
Oct 27, 2026 Est · unconfirmed · in 8 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Jul 29, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Ask ALVIS about this →

      Equibles Rating

      blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Buy Momentum Very Strong Sentiment Neutral Fundamentals Excellent Quant / Vol Very High
      Market backdrop VIX 14.4 · calm Equity put/call 0.62
      Technical
      price trend
      Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +36%
      above
      Price vs 50-day avg +3%
      above
      RSI (14) 54
      neutral
      MACD trend Positive
      52-week position 55%
      mid-range
      Momentum
      relative strength
      Very Strong
      1-month return +10%
      trailing
      6-month return +80%
      trailing
      YTD return +34%
      this year
      Relative strength +67%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $43 › 200d $32 — 50d above 200d
      Institutional flow Accumulating
      +16% holders QoQ · +98 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      7.18% of float · ▲ +8.5% MoM · 5.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      354 holders — mid 3-yr range
      Squeeze score 80
      high risk · 0–100
      Fundamentals
      Excellent
      Revenue growth +25%
      Y/Y
      Gross margin 182%
      contracting
      EPS growth −31%
      Y/Y
      Free cash flow $134.8M
      Buyback $135.0M
      remaining
      Quant / Vol
      risk profile
      Very High
      Volatility 71%
      annualized · 1-yr
      Max drawdown −68%
      past year
      ATR 4.7%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Beat or met 7 of last 8
      Latest guidance · from the 8-K filed Jul 28, 2026
      third quarter of 2026
      SaaS ARR year-over-year growth, excluding conversions Initiated 22% – 23%
      Non-GAAP operating income Non-GAAP Initiated $2.5M – $3.5M
      Revenues Initiated $185M – $188M
      prior qtr $180.02M midpoint +3.6% QoQ
      Non-GAAP net income per diluted share Non-GAAP Initiated $0.02 – $0.03
      full year 2026
      SaaS ARR Raised $819M – $850M
      Apr 28, 2026 $814M – $845M changed to Jul 28, 2026 $819M – $850M
      Free cash flow Raised $105M – $110M
      Apr 28, 2026 $100M – $105M changed to Jul 28, 2026 $105M – $110M
      SaaS ARR year-over-year growth, excluding conversions Maintained 20% – 21%
      Apr 28, 2026 20% – 21% changed to Jul 28, 2026 20% – 21%
      Revenues Raised $735M – $739M
      Apr 28, 2026 $731M – $737M changed to Jul 28, 2026 $735M – $739M
      prior FY $623.53M midpoint +18.2% Y/Y
      Non-GAAP operating income Non-GAAP Raised $11M – $13M
      Apr 28, 2026 $7M – $9M changed to Jul 28, 2026 $11M – $13M
      Non-GAAP net income per diluted share Non-GAAP Raised $0.14 – $0.15
      Apr 28, 2026 $0.11 – $0.12 changed to Jul 28, 2026 $0.14 – $0.15
      Prior guidance period ended · from the 8-K filed Apr 28, 2026
      SaaS ARR year-over-year growth, excluding conversions · second quarter of 2026 24% – 25%
      Non-GAAP net income per diluted share · second quarter of 2026 $0.00 – $0.01
      Revenues · second quarter of 2026 $175M – $178M
      Guided vs delivered · last 8 settled
      Revenues second quarter of 2026
      guided $175M – $178M
      $180.02M Beat +2.0%
      Revenues fourth quarter of 2025
      guided $165M – $171M
      $173.37M Beat +3.2%
      Revenues full year 2025
      guided $615.2M – $621.2M
      $623.53M Beat +0.9%
      Revenues third quarter of 2025
      guided $163M – $168M
      $161.58M Miss −2.4%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Buy
      0 · 3 · 3
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +36% Bullish
      Price vs 50-day avg
      +3% Bullish
      RSI (14)
      54 Neutral
      MACD trend
      Positive Bullish
      52-week position
      55% Neutral
      Market signals — smart money & positioning
      Mixed
      Trend (MA cross) No cross
      50d $43 › 200d $32 — 50d above 200d
      Institutional flow Accumulating
      +16% holders QoQ · +98 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Rising
      7.18% of float · ▲ +8.5% MoM · 5.6 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Steady
      354 holders — mid 3-yr range
      Price context
      position in its 52-week range
      Range low $20 Now $44 · 55% Range high $63
      vs 200-day avg +36% vs 50-day avg +3%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      Adjusted free cash flow non-GAAP $81M the six months ended June 30, 2026
      Free cash flow $69.1M the six months ended June 30, 2026
      Non-GAAP operating loss non-GAAP -$1.4M Q1 2026
      GAAP → non-GAAP reconciliation
      GAAP GAAP operating loss -44.48M
      +33.74M Stock-based compensation expense
      +1.9M Payroll tax expenses related to stock-based compensation
      +7.46M Amortization of acquired intangible assets and acquisition-related expenses
      = Non-GAAP operating loss -1.38M
      Annual recurring revenues, or ARR $745.4M fourth quarter 2025
      Cash from operations $147.4M twelve months ended December 31, 2025
      SaaS ARR as a percentage of total ARR 86% fourth quarter 2025

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Software - Infrastructure — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      VRNS
      Varonis Systems Inc
      this stock
      $5.04B +33.9% +25.5% 7.2%
      MSFT
      Microsoft Corp
      $3.75T +6.2% +6.9% 28.1 0.9%
      PLTR
      Palantir Technologies Inc.
      $448.89B +4.8% +56.2% 159.7 2.8%
      ORCL
      Oracle Corp
      $440.45B -22.6% +17.3% 26.2 1.7%
      PANW
      Palo Alto Networks Inc
      $300.87B +101.7% +29.0% 302.6 2.8%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      354
      % held
      100.7%
      Net QoQ
      +4.6M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      288
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      8.2M
      Days to cover
      5.6d
      Change
      +642.3K sh
      View
      Short Volume
      Short vol %
      77%
      As of
      Aug 28, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      47.9K
      Value
      $1.9M
      As of
      Jul 31, 2026
      View
      Off-Exchange
      Off-exchange %
      43.1%
      Week of
      Jul 20, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Sell
      Member
      Donna Shalala
      Amount
      $1.0K–$15.0K
      Traded
      Jun 24, 2019
      View
      Financials
      Financials
      Revenue (FY)
      $270.3M
      Net income (FY)
      $-129.3M
      EPS diluted
      $-1.13
      View
      Buybacks
      Authorized · 2 programs
      $250.0M
      Remaining
      $135.0M
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      10-Q
      Filed
      Jul 29, 2026
      This year
      8
      View
      Proposed Sales
      Value
      $3.3M
      Shares
      56.9K
      Filed
      Aug 22, 2025
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jul 28, 2026
      View

      Performance

      Raw-price comparisons begin at the captured split on Mar 15, 2021; windows that need an earlier baseline remain unavailable.

      5D 20D 120D MTD YTD
      VRNS +6.5% +9.9% +80.4% +9.9% +33.9%
      SPY +0.5% +3.0% +13.4% +3.0% +12.8%
      vs SPY +6.1% +7.0% +67.0% +7.0% +21.1%

      Capital returns

      Buyback programs · 2 active · as of Dec 31, 2025
      Authorized (total)
      $250.00M
      Spent (derived)
      $115.00M
      Remaining
      $135.00M
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1361113 CUSIP 922280102 13F (30d) 300 filings 283 filers Visit website