Varonis Systems, Inc.VRNSNASDAQ
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+10.2%
5Y CAGR+19.1%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+10.2%/yr
vs +26.3%/yr prior
5Y CAGR
+19.1%/yr
Recent deceleration
Acceleration
-16.1pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.4x
Strong expansion
Streak
9 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$237.81M+20.9%
2024$196.76M+7.0%
2023$183.84M+3.3%
2022$177.88M+29.0%
2021$137.88M+38.8%
2020$99.36M+23.0%
2019$80.76M+15.4%
2018$69.97M+47.7%
2017$47.37M+29.2%
2016$36.66M-