Varonis Systems Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
499M
5.39%
72M
427M
545M
83M
184M
-117M
3M
-87M
18M
-101M
-18.95%
616M
24M
-117M
13M
-117M
474M
21.40%
70M
404M
525M
72M
178M
-121M
3M
-111M
14M
-125M
6.55%
595M
10M
-109M
12M
-121M
390M
33.29%
59M
331M
429M
61M
138M
-99M
12M
-111M
6M
-117M
24.31%
489M
-12M
-88M
11M
-99M
293M
15.15%
44M
248M
327M
48M
99M
-78M
6M
-86M
8M
-94M
19.36%
371M
-7M
-69M
10M
-78M
254M
-5.96%
35M
219M
295M
44M
81M
-76M
0M
-76M
2M
-79M
175.61%
330M
2M
-61M
15M
-76M
270M
24.35%
28M
243M
272M
33M
70M
-29M
0M
-28M
0M
-29M
108.69%
299M
2M
-25M
4M
-29M
217M
32.17%
21M
196M
210M
27M
47M
-14M
0M
-11M
2M
-14M
-22.68%
231M
1M
-10M
3M
-14M
164M
29.28%
16M
149M
164M
20M
37M
-16M
0M
-17M
1M
-18M
-16.79%
180M
0M
-14M
0M
-16M
127M
25.52%
12M
115M
134M
16M
32M
-19M
0M
-21M
1M
-21M
9.72%
146M
0M
-17M
0M
-19M
101M
35.83%
10M
91M
109M
12M
28M
-17M
0M
-19M
0M
-19M
159.51%
119M
0M
-16M
0M
-17M
75M
39.70%
6M
68M
74M
9M
21M
-6M
0M
-7M
0M
-7M
54.25%
80M
0M
-5M
0M
-6M
53M
34.27%
5M
48M
50M
5M
15M
-2M
0M
-5M
0M
-5M
27.59%
55M
0M
-1M
0M
-2M
40M
37.81%
4M
36M
40M
5M
13M
-3M
1M
-4M
0M
-4M
37.56%
43M
0M
-3M
0M
-3M
29M
-
2M
26M
28M
3M
8M
-1M
0M
-3M
0M
-3M
37.56%
30M
0M
-1M
0M
-1M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
154M
8.05%
19M
135M
140M
21M
48M
-5M
0M
0M
1M
5M
-150.55%
159M
5M
-5M
3M
-8M
122M
-0.81%
17M
105M
134M
21M
45M
-29M
0M
-21M
3M
-23M
-19.85%
151M
9M
-26M
3M
-29M
115M
3.56%
17M
98M
138M
21M
46M
-40M
0M
-31M
7M
-39M
6.63%
155M
8M
-37M
3M
-40M
107M
11.50%
18M
90M
133M
20M
45M
-43M
-8M
-35M
3M
-38M
-21.45%
150M
8M
-40M
3M
-43M
143M
12.67%
17M
126M
136M
19M
45M
-10M
4M
-6M
5M
-11M
-56.91%
153M
4M
-10M
4M
-10M
123M
22.87%
17M
106M
132M
17M
44M
-26M
2M
-23M
6M
-29M
23.17%
149M
2M
-26M
3M
-26M
111M
26.05%
18M
94M
131M
18M
45M
-38M
3M
-35M
2M
-36M
10.14%
149M
3M
-38M
2M
-40M
96M
28.72%
18M
78M
127M
18M
44M
-48M
1M
-47M
1M
-49M
36.76%
144M
1M
-45M
3M
-48M
127M
32.96%
17M
109M
127M
19M
40M
-18M
4M
-22M
3M
-25M
31.06%
144M
-4M
-15M
3M
-18M
100M
30.75%
14M
86M
105M
14M
34M
-19M
3M
-22M
2M
-23M
21.27%
119M
-3M
-16M
3M
-19M
88M
32.83%
14M
74M
102M
14M
33M
-28M
4M
-32M
1M
-33M
35.46%
117M
-4M
-25M
3M
-28M
75M
38.04%
13M
61M
95M
14M
30M
-34M
1M
-35M
1M
-36M
13.45%
109M
-1M
-32M
2M
-34M
95M
31.20%
12M
83M
90M
13M
28M
-7M
3M
-12M
7M
-19M
29.91%
102M
-5M
-7M
-5M
-3M
77M
16.91%
11M
65M
82M
12M
25M
-16M
3M
-19M
0M
-19M
13.17%
93M
-3M
-16M
5M
-22M
67M
11.65%
10M
56M
78M
11M
24M
-22M
2M
-24M
0M
-24M
-0.67%
89M
-2M
-17M
5M
-22M
54M
-3.88%
10M
44M
77M
11M
23M
-33M
1M
-31M
0M
-31M
38.83%
87M
1M
-29M
4M
-33M
73M
-17.09%
10M
63M
77M
11M
22M
-14M
2M
-14M
1M
-15M
-326.50%
87M
2M
-10M
4M
-14M
66M
-2.09%
9M
57M
73M
10M
20M
-16M
1M
-16M
1M
-17M
132.16%
82M
0M
-10M
6M
-16M
60M
-4.13%
8M
51M
75M
14M
20M
-24M
0M
-24M
1M
-24M
93.08%
84M
0M
-21M
3M
-24M
56M
5.29%
8M
48M
70M
9M
19M
-22M
1M
-22M
1M
-23M
50.47%
78M
0M
-19M
3M
-22M
88M
19.55%
8M
80M
75M
10M
19M
5M
0M
5M
0M
6M
16.88%
83M
0M
5M
2M
3M
67M
25.09%
7M
60M
67M
9M
17M
-7M
0M
-7M
0M
-7M
120.79%
74M
0M
-6M
1M
-7M
62M
23.95%
6M
56M
67M
8M
18M
-11M
0M
-12M
0M
-13M
151.90%
73M
0M
-11M
1M
-12M
54M
32.56%
6M
47M
63M
7M
16M
-15M
0M
-15M
0M
-15M
38.30%
69M
0M
-15M
1M
-15M
73M
34.55%
6M
67M
61M
8M
14M
6M
0M
6M
0M
6M
57.13%
67M
0M
7M
1M
6M
54M
30.94%
5M
48M
51M
7M
12M
-3M
0M
-3M
0M
-3M
-24.49%
57M
0M
-3M
1M
-3M
50M
29.85%
5M
45M
51M
7M
11M
-5M
0M
-4M
0M
-5M
-22.45%
56M
0M
-5M
1M
-6M
40M
32.52%
5M
36M
47M
6M
10M
-11M
0M
-11M
0M
-11M
5.11%
51M
0M
-10M
1M
-11M
54M
24.12%
5M
50M
45M
5M
10M
5M
0M
4M
0M
4M
33.71%
50M
0M
5M
1M
5M
41M
31.05%
4M
37M
41M
5M
9M
-4M
0M
-4M
0M
-4M
-10.88%
45M
0M
-4M
1M
-4M
39M
32.56%
4M
35M
41M
5M
9M
-6M
0M
-6M
0M
-6M
2.70%
44M
0M
-5M
1M
-6M
30M
32.56%
3M
27M
38M
5M
9M
-11M
0M
-10M
0M
-10M
-18.31%
41M
0M
-10M
0M
-11M
44M
30.03%
3M
41M
37M
5M
8M
4M
0M
3M
0M
3M
-895.77%
40M
0M
4M
1M
4M
31M
22.20%
3M
28M
33M
4M
8M
-5M
0M
-5M
0M
-5M
-22.49%
36M
0M
-5M
0M
-5M
29M
18.42%
3M
26M
33M
4M
8M
-7M
0M
-6M
0M
-6M
36.28%
36M
0M
-6M
0M
-7M
23M
31.69%
3M
20M
32M
4M
8M
-12M
0M
-13M
0M
-13M
56.92%
35M
0M
-11M
0M
-12M
34M
31.24%
3M
31M
31M
4M
7M
0M
0M
-1M
0M
0M
-121.83%
33M
0M
1M
0M
0M
26M
38.10%
3M
23M
28M
3M
7M
-5M
0M
-6M
0M
-6M
147.82%
31M
0M
-5M
0M
-5M
25M
38.01%
2M
22M
27M
3M
7M
-5M
0M
-4M
0M
-5M
183.56%
29M
0M
-4M
0M
-5M
17M
38.75%
2M
15M
23M
3M
6M
-8M
0M
-8M
0M
-8M
68.52%
25M
0M
-8M
0M
-8M
26M
38.43%
2M
24M
22M
3M
6M
2M
0M
2M
0M
2M
-31.09%
24M
0M
1M
0M
0M
19M
-
2M
17M
19M
2M
6M
-2M
0M
-3M
0M
-3M
-31.09%
21M
0M
-2M
0M
-2M
18M
-
2M
16M
18M
2M
5M
-1M
0M
-2M
0M
-2M
-31.09%
19M
0M
-1M
0M
-1M
13M
-
1M
11M
15M
2M
5M
-4M
0M
-5M
0M
-5M
-31.09%
17M
0M
-4M
0M
-4M
19M
-
2M
17M
15M
1M
4M
2M
0M
2M
0M
2M
-31.09%
16M
0M
-1M
0M
-1M
14M
-
1M
0M
0M
12M
4M
0M
0M
0M
0M
0M
-31.09%
0M
0M
0M
0M
0M
13M
-
1M
0M
0M
12M
4M
0M
0M
0M
0M
0M
-31.09%
0M
0M
0M
0M
0M
9M
-
1M
0M
0M
11M
4M
0M
0M
0M
0M
0M
-31.09%
0M
0M
0M
0M
0M