Varonis Historical Income Statement

VRNS Stock

USD 49.96 0.39 0.79%

Historical analysis of Varonis Systems income statement accounts such as Depreciation And Amortization of 7.2 M, Interest Expense of 2 M, Selling General Administrative of 87 M or Selling And Marketing Expenses of 142.5 M can show how well Varonis Systems performed in making a profits. Evaluating Varonis Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Varonis Systems's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Varonis Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Varonis Systems is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varonis Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.

About Varonis Income Statement Analysis

Varonis Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Varonis Systems shareholders. The income statement also shows Varonis investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Varonis Systems Income Statement Chart

At this time, Varonis Systems' Income Tax Expense is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 12.6 M in 2024, whereas Interest Expense is likely to drop slightly above 2 M in 2024.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Varonis Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Varonis Systems minus its cost of goods sold. It is profit before Varonis Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from Varonis Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Varonis Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varonis Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.At this time, Varonis Systems' Income Tax Expense is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 12.6 M in 2024, whereas Interest Expense is likely to drop slightly above 2 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	330.7M	403.8M	427.4M	448.8M
Total Revenue	390.1M	473.6M	499.2M	524.1M

Gross Profit Total Revenue

Varonis Systems income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.79	0.73	0.8	0.7	0.69	0.73	-0.82	-0.86	0.7	-0.79	0.75	0.72	-0.91	0.03	-0.89	0.6	-0.87	-0.1	0.53	0.19	-0.05	0.87
Interest Expense	0.79		0.54	0.58	0.53	0.51	0.55	-0.62	-0.69	0.55	-0.64	0.59	0.54	-0.73	-0.14	-0.72	0.46	-0.71	-0.35	0.4	0.08	-0.25	0.52
Selling General Administrative	0.73	0.54		0.87	0.99	0.99	1.0	-0.97	-0.96	0.99	-0.98	0.99	1.0	-0.9	0.65	-0.92	0.94	-0.92	0.53	0.92	0.75	0.58	0.85
Selling And Marketing Expenses	0.8	0.58	0.87		0.9	0.9	0.9	-0.88	-0.88	0.87	-0.87	0.88	0.9	-0.88	0.36	-0.88	0.76	-0.84	0.34	0.7	0.44	0.31	0.79
Total Revenue	0.7	0.53	0.99	0.9		1.0	1.0	-0.95	-0.94	0.99	-0.95	0.99	1.0	-0.88	0.63	-0.9	0.92	-0.89	0.54	0.9	0.72	0.57	0.8
Gross Profit	0.69	0.51	0.99	0.9	1.0		1.0	-0.94	-0.93	0.98	-0.95	0.98	1.0	-0.87	0.63	-0.89	0.91	-0.88	0.54	0.89	0.72	0.57	0.79
Other Operating Expenses	0.73	0.55	1.0	0.9	1.0	1.0		-0.97	-0.96	0.99	-0.97	1.0	1.0	-0.91	0.62	-0.93	0.93	-0.92	0.52	0.9	0.72	0.56	0.83
Operating Income	-0.82	-0.62	-0.97	-0.88	-0.95	-0.94	-0.97		0.99	-0.97	0.99	-0.98	-0.96	0.97	-0.54	0.98	-0.92	0.98	-0.42	-0.88	-0.66	-0.48	-0.92
Ebit	-0.86	-0.69	-0.96	-0.88	-0.94	-0.93	-0.96	0.99		-0.96	0.99	-0.97	-0.95	0.99	-0.47	0.99	-0.89	0.99	-0.34	-0.85	-0.61	-0.4	-0.91
Research Development	0.7	0.55	0.99	0.87	0.99	0.98	0.99	-0.97	-0.96		-0.98	1.0	0.99	-0.91	0.66	-0.93	0.95	-0.93	0.55	0.94	0.76	0.59	0.82
Ebitda	-0.79	-0.64	-0.98	-0.87	-0.95	-0.95	-0.97	0.99	0.99	-0.98		-0.99	-0.97	0.96	-0.57	0.97	-0.93	0.98	-0.43	-0.9	-0.7	-0.5	-0.89
Cost Of Revenue	0.75	0.59	0.99	0.88	0.99	0.98	1.0	-0.98	-0.97	1.0	-0.99		0.99	-0.93	0.6	-0.95	0.94	-0.95	0.49	0.92	0.72	0.54	0.84
Total Operating Expenses	0.72	0.54	1.0	0.9	1.0	1.0	1.0	-0.96	-0.95	0.99	-0.97	0.99		-0.91	0.62	-0.92	0.93	-0.91	0.52	0.9	0.72	0.56	0.83
Income Before Tax	-0.91	-0.73	-0.9	-0.88	-0.88	-0.87	-0.91	0.97	0.99	-0.91	0.96	-0.93	-0.91		-0.32	1.0	-0.82	0.98	-0.21	-0.76	-0.47	-0.25	-0.92
Total Other Income Expense Net	0.03	-0.14	0.65	0.36	0.63	0.63	0.62	-0.54	-0.47	0.66	-0.57	0.6	0.62	-0.32		-0.37	0.73	-0.43	0.92	0.81	0.96	0.99	0.4
Net Income	-0.89	-0.72	-0.92	-0.88	-0.9	-0.89	-0.93	0.98	0.99	-0.93	0.97	-0.95	-0.92	1.0	-0.37		-0.86	0.99	-0.26	-0.8	-0.51	-0.31	-0.91
Income Tax Expense	0.6	0.46	0.94	0.76	0.92	0.91	0.93	-0.92	-0.89	0.95	-0.93	0.94	0.93	-0.82	0.73	-0.86		-0.88	0.63	0.99	0.81	0.67	0.75
Net Income From Continuing Ops	-0.87	-0.71	-0.92	-0.84	-0.89	-0.88	-0.92	0.98	0.99	-0.93	0.98	-0.95	-0.91	0.98	-0.43	0.99	-0.88		-0.3	-0.84	-0.57	-0.36	-0.92
Non Operating Income Net Other	-0.1	-0.35	0.53	0.34	0.54	0.54	0.52	-0.42	-0.34	0.55	-0.43	0.49	0.52	-0.21	0.92	-0.26	0.63	-0.3		0.68	0.8	0.95	0.3
Tax Provision	0.53	0.4	0.92	0.7	0.9	0.89	0.9	-0.88	-0.85	0.94	-0.9	0.92	0.9	-0.76	0.81	-0.8	0.99	-0.84	0.68		0.89	0.75	0.71
Interest Income	0.19	0.08	0.75	0.44	0.72	0.72	0.72	-0.66	-0.61	0.76	-0.7	0.72	0.72	-0.47	0.96	-0.51	0.81	-0.57	0.8	0.89		0.93	0.51
Net Interest Income	-0.05	-0.25	0.58	0.31	0.57	0.57	0.56	-0.48	-0.4	0.59	-0.5	0.54	0.56	-0.25	0.99	-0.31	0.67	-0.36	0.95	0.75	0.93		0.36
Reconciled Depreciation	0.87	0.52	0.85	0.79	0.8	0.79	0.83	-0.92	-0.91	0.82	-0.89	0.84	0.83	-0.92	0.4	-0.91	0.75	-0.92	0.3	0.71	0.51	0.36

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Varonis Systems Account Relationship Matchups

Varonis Systems income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	15.3M	18.9M	19.1M	12.2M	11.7M	7.2M
Interest Expense	205K	6.1M	12.1M	3.2M	3.2M	2.0M
Selling General Administrative	44.4M	47.6M	61.2M	72.1M	82.9M	87.0M
Selling And Marketing Expenses	169.9M	179.9M	230.3M	275.1M	277.9M	142.5M
Total Revenue	254.2M	292.7M	390.1M	473.6M	499.2M	524.1M
Gross Profit	219.0M	248.4M	330.7M	403.8M	427.4M	448.8M
Other Operating Expenses	330.2M	371.1M	488.8M	594.9M	616.4M	647.2M
Operating Income	(76.0M)	(78.4M)	(98.7M)	(121.2M)	(117.2M)	(111.4M)
Ebit	(76.0M)	(87.4M)	(117.8M)	(121.2M)	(117.2M)	(111.4M)
Research Development	80.8M	99.4M	137.9M	177.9M	183.8M	193.0M
Ebitda	(60.6M)	(68.5M)	(98.7M)	(109.1M)	(117.2M)	(111.4M)
Cost Of Revenue	35.1M	44.3M	59.4M	69.8M	71.8M	75.3M
Total Operating Expenses	295.0M	326.8M	429.4M	525.0M	544.6M	571.9M
Income Before Tax	(76.4M)	(85.9M)	(110.8M)	(110.8M)	(86.9M)	(82.6M)
Total Other Income Expense Net	(389K)	(7.5M)	(12.1M)	10.4M	30.3M	31.8M
Net Income	(78.8M)	(94.0M)	(116.9M)	(124.5M)	(100.9M)	(95.9M)
Income Tax Expense	2.4M	8.1M	6.0M	13.7M	14.0M	14.7M
Net Income From Continuing Ops	(78.8M)	(94.0M)	(116.9M)	(124.5M)	(110.8M)	(105.2M)
Non Operating Income Net Other	(389K)	(7.5M)	(12.1M)	10.4M	12.0M	12.6M
Net Income Applicable To Common Shares	(78.8M)	(94.0M)	(116.9M)	(124.5M)	(112.1M)	(106.5M)
Tax Provision	2.4M	8.1M	6.0M	13.7M	17.9M	18.8M
Interest Income	2.0M	674K	164K	10.4M	34.6M	36.3M
Net Interest Income	1.8M	(7.5M)	(12.1M)	10.4M	24.0M	25.2M
Reconciled Depreciation	15.3M	9.9M	10.9M	12.2M	12.8M	10.8M

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Varonis Historical Income Statement

About Varonis Income Statement Analysis

Varonis Systems Income Statement Chart

Total Revenue

Gross Profit

Varonis Systems income statement Correlations

Varonis Systems Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Varonis Systems income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Selling General Administrative
Total Operating Expenses	+ 1.0	Selling General Administrative
Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Total Operating Expenses	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Gross Profit

Cost Of Revenue	- 0.99	Ebitda
Ebitda	- 0.98	Research Development
Cost Of Revenue	- 0.98	Operating Income
Ebitda	- 0.98	Selling General Administrative
Total Operating Expenses	- 0.97	Ebitda
Cost Of Revenue	- 0.97	Ebit