Varonis Systems (NASDAQ:VRNS) Announces Quarterly Earnings Results

Varonis Systems (NASDAQ:VRNS) posted its quarterly earnings data on Tuesday. The technology company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.06, FiscalAI reports. Varonis Systems had a negative net margin of 20.55% and a negative return on equity of 19.18%. The company had revenue of $189.46 million during the quarter, compared to analyst estimates of $186.74 million. During the same period in the prior year, the firm earned $0.06 earnings per share. The business’s quarterly revenue was up 17.3% on a year-over-year basis.

Varonis Systems Price Performance

VRNS stock opened at $48.96 on Wednesday. The firm has a 50 day simple moving average of $47.22 and a 200 day simple moving average of $35.70. Varonis Systems has a 52 week low of $19.70 and a 52 week high of $50.31. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.65 and a current ratio of 1.65.

More Varonis Systems News

Here are the key news stories impacting Varonis Systems this week:

• Positive Sentiment: Q3 earnings were $0.09 per share, above the $0.03 consensus estimate and the $0.06 reported a year earlier. Revenue reached $189.5 million, exceeding the roughly $186.7 million expected and rising 17.3% from a year ago. Varonis Systems Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: The company’s results point to continued sales growth, with total quarterly revenue up from $161.6 million in Q3 2025. Varonis Announces Third Quarter 2026 Financial Results
• Negative Sentiment: Despite the adjusted earnings beat, Varonis continued to report a negative net margin and negative return on equity, indicating that profitability remains a concern. Varonis Systems quarterly results

Analyst Upgrades and Downgrades

VRNS has been the topic of several analyst reports. Needham & Company LLC downgraded shares of Varonis Systems from a “buy” rating to a “hold” rating in a research report on Friday, October 16th. B. Riley Financial lowered shares of Varonis Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 16th. JPMorgan Chase & Co. raised their price objective on shares of Varonis Systems from $39.00 to $55.00 and gave the stock an “overweight” rating in a research note on Monday, July 27th. UBS Group lifted their price objective on shares of Varonis Systems from $37.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Finally, New Street Research reissued a “buy” rating on shares of Varonis Systems in a research note on Wednesday, July 29th. Five analysts have rated the stock with a Buy rating, twenty-one have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $50.64.

Varonis Systems Company Profile

Varonis Systems, Inc develops data security software that helps organizations protect sensitive information, identify security risks and manage access to data. Its platform is designed to secure data stored across on-premises file systems, cloud environments, software-as-a-service applications and other enterprise repositories.

The company’s products support data discovery and classification, access analysis, threat detection, insider-risk monitoring, data loss prevention and security automation.