Earnings summaries and quarterly performance for VARONIS SYSTEMS.
Executive leadership at VARONIS SYSTEMS.
Yakov Faitelson
Detailed
Chief Executive Officer
CEO
DB
David Bass
Executive Vice President of Engineering and Chief Technology Officer
DG
Dov Gottlieb
Vice President, General Counsel and Corporate Secretary
GP
Gregory Pomeroy
Senior Vice President of Worldwide Sales
GM
Guy Melamed
Chief Financial Officer and Chief Operating Officer
Board of directors at VARONIS SYSTEMS.
AJ
Avrohom J. Kess
Detailed
Director
CA
Carlos Aued
Detailed
Director
Fv
Fred van den Bosch
Detailed
Director
GI
Gili Iohan
Detailed
Director
JJ
John J. Gavin, Jr.
Detailed
Lead Independent Director
KC
Kevin Comolli
Detailed
Director
OS
Ofer Segev
Detailed
Director
OK
Ohad Korkus
Detailed
Director
RP
Rachel Prishkolnik
Detailed
Director
TF
Thomas F. Mendoza
Detailed
Director
Research analysts who have asked questions during VARONIS SYSTEMS earnings calls.
BE
Brian Essex
JPMorgan Chase & Co.
8 questions for VRNS
Also covers: AI, CHKP, CLBT +18 more
Jason Ader
William Blair & Company
8 questions for VRNS
Also covers: AVPT, BASE, BLZE +12 more
Joseph Gallo
Jefferies & Company Inc.
8 questions for VRNS
Also covers: AVPT, CHKP, CRWD +11 more
JT
Joshua Tilton
Wolfe Research
8 questions for VRNS
Also covers: ADSK, ALTR, BSY +17 more
RK
Rudy Kessinger
D.A. Davidson & Co.
8 questions for VRNS
Also covers: AKAM, AVPT, BASE +12 more
MH
Matthew Hedberg
RBC Capital Markets
7 questions for VRNS
Also covers: ADSK, ALTR, BASE +28 more
RB
Roger Boyd
UBS
7 questions for VRNS
Also covers: AKAM, CHKP, CRWD +10 more
Saket Kalia
Barclays Capital
6 questions for VRNS
Also covers: ADBE, ADSK, ALKT +26 more
SK
Shrenik Kothari
Robert W. Baird & Co.
6 questions for VRNS
Also covers: CHKP, CVLT, ESTC +13 more
Fatima Boolani
Citi
5 questions for VRNS
Also covers: AKAM, AVPT, CHKP +16 more
Junaid Siddiqui
Truist Securities
5 questions for VRNS
Also covers: CHKP, CVLT, CYBR +8 more
MC
Mike Cikos
Needham & Company, LLC
5 questions for VRNS
Also covers: AKAM, BASE, BLZE +22 more
SE
Shaul Eyal
TD Cowen
5 questions for VRNS
Also covers: ALLT, CGNT, CHKP +14 more
Meta Marshall
Morgan Stanley
4 questions for VRNS
Also covers: ANET, AXON, BAND +31 more
Andrew Nowinski
Wells Fargo
3 questions for VRNS
Also covers: CHKP, CRWD, CYBR +14 more
JF
Joel Fishbein
Truist Securities
3 questions for VRNS
Also covers: CHKP, CRWD, ESTC +10 more
Rob Owens
Piper Sandler Companies
3 questions for VRNS
Also covers: CFLT, CHKP, CRWD +12 more
ES
Erik Suppiger
JMP Securities
2 questions for VRNS
Also covers: BAND, EGAN, NTCT +1 more
HF
Hamza Fodderwala
Morgan Stanley
2 questions for VRNS
Also covers: CHKP, CRWD, CYBR +10 more
Ethan Drake Weeks
Piper Sandler
1 question for VRNS
Also covers: FROG, SAIL
Jonathan Ruykhaver
Cantor Fitzgerald
1 question for VRNS
Also covers: ALLT, CRWD, FROG +6 more
Keith Weiss
Morgan Stanley
1 question for VRNS
Also covers: ADBE, APPN, BILL +19 more
MZ
Mark Zhang
Citigroup
1 question for VRNS
Also covers: CCSI, DOCN
MD
Matt Dezort
William Blair & Company
1 question for VRNS
Also covers: CSGS, FFIV, HCP +2 more
Michael Richards
RBC Capital Markets
1 question for VRNS
Also covers: ADSK, EVCM, FFIV +9 more
RO
Robbie Owens
Piper Sandler
1 question for VRNS
Also covers: BJ, CHKP, CYBR +12 more
Recent press releases and 8-K filings for VRNS.
Varonis Systems Faces Securities Class Action Lawsuit Over Alleged SaaS Transition Misrepresentations
VRNS
Legal Proceedings
Guidance Update
Demand Weakening
- A securities class action lawsuit has been filed against Varonis Systems (VRNS), with a March 9, 2026, lead plaintiff deadline for investors.
- The suit alleges Varonis executives concealed renewal softness in its Federal and on-premises businesses and misrepresented its SaaS transition.
- On October 28, 2025, Varonis disclosed issues with its SaaS shift, including a 63.9% year-over-year decline in term license revenue and a slashed ARR outlook, which triggered a 48% single-day stock crash and a $3.8 billion market value loss.
- Following a Q3 miss, the company also slashed its Q4 revenue and full-year ARR guidance.
6 days ago
Varonis Systems faces securities class action lawsuit over alleged SaaS transition failures
VRNS
Legal Proceedings
Demand Weakening
Guidance Update
- A securities class action lawsuit has been filed against Varonis Systems, Inc. (VRNS) and its executives, with a lead plaintiff deadline of March 9, 2026.
- The lawsuit alleges that Varonis executives concealed significant renewal softness in its Federal vertical and legacy on-premises business, while misrepresenting the company's ability to transition existing customers to its SaaS platform.
- Following an October 28, 2025, disclosure of an inability to convert existing customers to SaaS at the projected pace, the company reported a 63.9% year-over-year decline in term license revenue and a slashed ARR outlook.
- This disclosure triggered a 48% single-day stock crash, wiping out approximately $3.8 billion in market value.
- The class period for investors who suffered substantial losses is February 4, 2025 – October 28, 2025.
6 days ago
Varonis Systems Discusses SaaS Transition Progress, AI Strategy, and Financial Outlook
VRNS
M&A
Guidance Update
New Projects/Investments
- Varonis converted approximately $65 million of non-SaaS ARR in Q4 2025, with about a third of the initial $180 million non-SaaS ARR expected to convert and another third to churn (primarily federal and state customers) in 2026.
- The company recently acquired AllTrue, now Varonis AI Atlas, to expand its capabilities in AI inventory, posture management, red teaming, compliance, and LLM guardrails, noting "off the charts" customer demand for these new offerings.
- Varonis is two years ahead of its five-year plan for operating margin and free cash flow, though a $30 million-$50 million headwind to free cash flow is anticipated in 2026 due to non-converting customers.
- The company maintains a strong competitive moat in data security, offering more comprehensive coverage across on-prem, cloud, databases, files, SaaS, and AI compared to other DSPM tools.
7 days ago
Varonis Systems Provides Update on SaaS Transition and AllTrue.ai Acquisition
VRNS
M&A
Guidance Update
Share Buyback
- Varonis successfully converted approximately $65 million of non-SaaS Annual Recurring Revenue (ARR) to SaaS in Q4, out of an initial $180 million targeted for conversion. The company anticipates roughly one-third of the original non-SaaS ARR to convert, one-third to convert, and one-third to churn, primarily from federal and state customers.
- The company is two years ahead of its five-year plan for operating margin, ARR contribution margin, and free cash flow generation related to its SaaS transition. However, free cash flow in 2026 is expected to face a headwind of $30 million to $50 million due to the churn of non-converting customers.
- Varonis recently acquired AllTrue.ai, now Varonis AI Atlas, which significantly expands its capabilities in AI inventory, posture management, red teaming, compliance, and LLM gateway/guardrails. Customer demand for these new AI security capabilities is reported as "off the charts".
- Varonis aims to achieve 100% SaaS out of ARR by the end of 2026, with sales compensation plans for 2026 focusing on selling to new and existing SaaS customers rather than conversions.
- The company has implemented a $150 million share buyback to offset dilution and has made a conscious effort to reduce stock-based compensation as a percentage of total ARR.
7 days ago
Varonis Systems Provides Update on SaaS Transition, AllTrue.ai Acquisition, and Financial Outlook
VRNS
M&A
Guidance Update
Share Buyback
- Varonis successfully converted approximately $65 million of non-SaaS ARR in Q4, driven by an end-of-life announcement, and expects to be 100% SaaS out of ARR by the end of 2026. Of the initial $180 million non-SaaS ARR, one-third has converted, one-third is expected to convert, and one-third (mainly federal and state customers) is projected to churn.
- The recent acquisition of AllTrue.ai significantly enhances Varonis's capabilities in AI inventory, posture management, red teaming, compliance, monitoring, and LLM gateway and guardrails, which is considered a "game changer" for securing AI workloads.
- Varonis has shown strong financial performance during its SaaS transition, being "two years ahead of plan" on bottom-line metrics and close on free cash flow generation. However, a $30 million-$50 million headwind to free cash flow is anticipated in 2026 due to churn from non-converting customers.
- To drive future growth, the company's 2026 sales compensation plan will focus reps on selling to new and existing SaaS customers, moving away from conversion incentives. Additionally, Varonis has a $150 million share buyback in place and has reduced stock-based compensation as a percentage of total ARR to manage dilution.
7 days ago
Varonis Systems Faces Securities Fraud Class Action Lawsuit
VRNS
Legal Proceedings
Demand Weakening
- Law Offices of Howard G. Smith reminds investors of a securities fraud class action lawsuit filed against Varonis Systems, Inc..
- The lawsuit's Class Period is from February 4, 2025, to October 28, 2025.
- The Lead Plaintiff Deadline for investors is March 9, 2026.
- Allegations include that Varonis was ill-equipped to continue its ARR growth trajectory without maintaining a significantly high rate of quarterly conversions, and that positive statements about the Company’s business were materially misleading.
8 days ago
Varonis Systems Faces Securities Class Action Lawsuit
VRNS
Legal Proceedings
Demand Weakening
Guidance Update
- A securities class action lawsuit has been filed against Varonis Systems, Inc. (NASDAQ: VRNS) and certain executives, with a March 9, 2026, lead plaintiff deadline.
- The lawsuit alleges that Varonis executives concealed significant renewal softness within its Federal vertical and legacy on-premises business, while publicly touting a de-risked transition to its new Software-as-a-Service (SaaS) platform.
- It is further alleged that the company misrepresented its ability to convert existing customers to SaaS, and that weaker renewals in its Federal vertical and non-Federal on-prem subscription business led to a performance miss.
- Following an October 28, 2025, disclosure of a 63.9% year-over-year decline in term license revenue and a slashed ARR outlook, VRNS shares experienced a 48% single-day stock crash, wiping out approximately $3.8 billion in market value.
Mar 3, 2026, 2:25 PM
Varonis Systems Faces Securities Class Action and March 9, 2026 Lead Plaintiff Deadline
VRNS
Legal Proceedings
Profit Warning
Layoffs
- A securities class action has been filed against Varonis Systems (VRNS), with a deadline of March 9, 2026, for investors who purchased securities between February 4, 2025, and October 28, 2025, to seek the role of lead plaintiff.
- The lawsuit alleges Varonis made false or misleading statements regarding its ability to convert existing customers to its SaaS offering, which impacted Annual Recurring Revenue (ARR) growth potential.
- This follows Varonis's October 28, 2025, announcement of a significant miss to ARR and reduced full fiscal year 2025 projections, leading to a 48.67% stock price decline on October 29, 2025, from $63.00 to $32.34 per share.
- In response to these results, Varonis also announced the end of life for its self-hosted solution and a 5% headcount reduction.
Mar 3, 2026, 2:08 PM
Varonis Faces Securities Class Action Lawsuit Over Alleged SaaS Transition Issues
VRNS
Legal Proceedings
Guidance Update
Demand Weakening
- A securities class action lawsuit has been filed against Varonis Systems, Inc. (VRNS), with a March 9, 2026, lead plaintiff deadline.
- The lawsuit alleges that Varonis executives concealed significant renewal softness within its Federal vertical and legacy on-premises business, while publicly promoting a de-risked transition to its Software-as-a-Service (SaaS) platform.
- On October 28, 2025, the company disclosed that its SaaS model shift was allegedly plagued by an inability to convert existing customers, leading to a 63.9% year-over-year decline in term license revenue and a slashed ARR outlook.
- This disclosure triggered a 48% single-day stock crash, wiping out approximately $3.8 billion in market value, and was followed by a significant reduction in Q4 revenue and full-year ARR guidance.
Mar 2, 2026, 5:36 PM
Varonis Systems Faces Class Action Lawsuit
VRNS
Legal Proceedings
Profit Warning
- A class action lawsuit has been filed against Varonis Systems, Inc..
- The Class Period for the lawsuit is from February 4, 2025, to October 28, 2025, with a Lead Plaintiff Deadline of March 9, 2026.
- The complaint alleges that Varonis was ill-equipped to continue its Annual Recurring Revenue (ARR) growth trajectory without a significantly high rate of quarterly conversions, and that the company's positive statements were materially misleading.
Mar 2, 2026, 3:48 PM
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