Varonis Systems, Inc.VRNSNASDAQ
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Operating Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+7.0%
5Y CAGR+14.3%
Studio
Year-over-Year Change

Expenses from normal business operations (SG&A, R&D, etc.)

3Y CAGR
+7.0%/yr
vs +17.7%/yr prior
5Y CAGR
+14.3%/yr
Recent deceleration
Acceleration
-10.7pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$638.07M+13.2%
2024$563.91M+0.9%
2023$558.89M+7.2%
2022$521.21M+18.9%
2021$438.33M+34.1%
2020$326.84M+10.8%
2019$295.03M+8.6%
2018$271.74M+30.6%
2017$208.09M+26.7%
2016$164.31M-