image
Technology - Software - Infrastructure - NASDAQ - US
$ 51.08
-2.2 %
$ 5.75 B
Market Cap
-69.03
P/E
INCOME STATEMENT
499 M REVENUE
5.39%
-117 M OPERATING INCOME
3.30%
-101 M NET INCOME
18.95%
EFFICIENCY
Earnings Waterfall Varonis Systems, Inc.
image
Revenue 499 M
Cost Of Revenue 71.8 M
Gross Profit 427 M
Operating Expenses 545 M
Operating Income -117 M
Other Expenses -16.3 M
Net Income -101 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012 Dec-2011 Dec-2010 Dec-2001
REVENUE
Revenue 499.2 473.6 390.1 292.7 254.2 270.3 217.4 164.5 127.2 101.3 74.6 53.4 39.8 28.9 473.6
GROSS PROFIT
Cost Of Revenue 71.8 69.8 59.4 44.3 35.1 27.7 20.9 15.8 12.0 9.9 6.5 4.9 3.5 2.4 69.8
Gross Profit 427.4 403.8 330.7 248.4 219.0 242.6 196.5 148.6 115.2 91.4 68.1 48.5 36.3 26.5 403.8
OPERATING INCOME
Operating Expenses 544.6 525.0 429.4 326.8 295.0 271.7 210.1 164.3 134.3 108.7 74.0 50.0 39.7 27.7 525.0
Selling, General and Administrative Expenses 360.8 347.1 291.5 227.5 214.3 201.8 162.7 127.6 102.5 80.7 53.0 35.0 26.6 19.9 347.1
Research and Development Expenses 183.8 177.9 137.9 99.4 80.8 70.0 47.4 36.7 31.8 28.1 21.0 15.0 13.0 7.7 177.9
Operating Income (117.2) (121.2) (98.7) (78.4) (76.0) (29.1) (13.6) (15.7) (19.1) (17.3) (5.8) (1.6) (3.4) (1.2) (121.2)
PRE-TAX INCOME
Interest Income Expense 4.7 3.2 12.1 6.1 0.2 0.2 0.2 0.2 0.1 0.3 0.3 86 K 0.7 0.3 0
Total Other Income 30.3 10.4 (12.1) (7.5) (0.4) 1.0 2.4 (0.9) (1.5) (1.7) (1.3) (3.0) (0.2) (1.4) 10.4
Pre-Tax Income (86.9) (110.8) (110.8) (85.9) (76.4) (28.2) (11.2) (16.6) (20.6) (19.0) (7.1) (4.6) (3.6) (2.6) (110.8)
NET INCOME
Tax Provision 14.0 13.7 6.0 8.1 2.4 0.4 2.5 1.1 0.7 0.4 0.4 0.2 0.2 0.1 13.7
Net Income (100.9) (124.5) (116.9) (94.0) (78.8) (28.6) (13.7) (17.7) (21.3) (19.4) (7.5) (4.8) (3.8) (2.8) (124.5)
EPS 0.92 1.14 1.11 1 0.87 0.33 0.17 0.22 0.28 0.3 0.1 0.0852 0.0668 0.0485 0.0011