VARONIS SYSTEMS INC
For the period ended Dec 31, 2025. Filed Feb 4, 2026.
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FY2025 · Filed Feb 4, 2026
VRNS$48.96+0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $202,482 | $185,585 |
| Marketable securities | 681,225 | 343,383 |
| Short-term deposits | 37,259 | 39,450 |
| Trade receivables (net of allowance of $1,260 and $2,518 at December 31, 2025 and December 31, 2024, respectively) | 242,822 | 192,832 |
| Prepaid expenses and other short-term assets | 134,767 | 116,824 |
| Total current assets | 1,298,555 | 878,074 |
| Long-term assets: | ||
| Long-term marketable securities | 187,202 | 658,896 |
| Operating lease right-of-use assets | 57,677 | 45,593 |
| Property and equipment, net | 36,032 | 30,795 |
| Intangible assets, net | 16,687 | — |
| Goodwill | 135,276 | 23,135 |
| Other assets | 60,183 | 27,782 |
| Total long-term assets | 493,057 | 786,201 |
| Total assets | $1,791,612 | $1,664,275 |
CONSOLIDATED BALANCE SHEETS
(in thousands, except share data)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Trade payables | $5,735 | $4,313 |
| Accrued expenses and other short-term liabilities | 225,411 | 164,930 |
| Convertible senior notes, net | — | 250,529 |
| Deferred revenues | 427,811 | 290,113 |
| Total current liabilities | 658,957 | 709,885 |
| Long-term liabilities: | ||
| Convertible senior notes, net | 452,259 | 450,243 |
| Operating lease liabilities | 59,749 | 42,789 |
| Deferred revenues | 14,406 | 2,211 |
| Other liabilities | 7,585 | 3,491 |
| Total long-term liabilities | 533,999 | 498,734 |
| Stockholders’ equity: | ||
| Share capital | ||
| Common stock of $0.001 par value - Authorized: 200,000,000 shares at December 31, 2025 and December 31, 2024; Issued and outstanding: 117,546,852 shares at December 31, 2025 and 112,550,156 shares at December 31, 2024 | 118 | 113 |
| Accumulated other comprehensive income | 23,132 | 2,676 |
| Additional paid-in capital | 1,444,885 | 1,193,022 |
| Accumulated deficit | (869,479) | (740,155) |
| Total stockholders’ equity | 598,656 | 455,656 |
| Total liabilities and stockholders’ equity | $1,791,612 | $1,664,275 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.