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Varonis Systems (GB:0VOU)
:0VOU
Earnings Data
Report Date
Aug 04, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
<0.01Last Year’s EPS
0.05Same Quarter Last Year
Strong Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 5.72%
|Next Earnings Date:Aug 04, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong quarter for Varonis with significant ARR growth and progress in their SaaS transition, alongside increased free cash flow and new customer acquisitions. However, challenges remain with a decline in gross margin and an operating loss, partly due to changes in revenue recognition from the SaaS transition.Company Guidance
In the Varonis Systems, Inc. Q1 2025 earnings call, the company reported a 19% year-over-year growth in Annual Recurring Revenue (ARR) to $664.3 million, with SaaS ARR making up 61% of total ARR. The company also generated $65.3 million in free cash flow, an increase from $56.4 million in the previous year. For the full year, Varonis raised its ARR guidance to $742-$750 million, representing 16%-17% growth, and expects SaaS to constitute 80% of ARR by year-end. The company highlighted strong new customer momentum and successful existing customer conversions to SaaS, driven by demand for its SaaS platform and MDDR offering. Additionally, Varonis emphasized the strategic acquisition of Cyral to expand its data security platform and its plans to capitalize on growing customer interest in securing generative AI applications.ARR Growth
Annual Recurring Revenue (ARR) grew 19% to $664.3 million in Q1, with SaaS ARR representing approximately 61% of total ARR, amounting to $403.9 million.
Free Cash Flow Increase
Generated $65.3 million of free cash flow in Q1, up from $56.4 million in the same period last year.
SaaS Transition Progress
SaaS transition is on track to complete by the end of the year, with SaaS ARR now representing 61% of total ARR, up 8 points from 53% in Q4.
New Customer Momentum
Strong contributions from new customers, including large healthcare systems and multinational consumer products companies, indicating healthy demand.
Innovation and Acquisitions
Launched Varonis for Agentforce and acquired Cyral to expand data security platform capabilities, enhancing the ability to monitor database activity.
Raised Full-Year Guidance
Full-year ARR guidance increased to $742 million to $750 million, and SaaS mix guidance raised to 80% by year-end.
GB:0VOU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:0VOU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $44.04 | $45.19 | +2.61% |
Feb 04, 2025 | $46.35 | $42.01 | -9.36% |
Oct 29, 2024 | $58.62 | $52.61 | -10.25% |
Jul 29, 2024 | $49.28 | $55.05 | +11.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Varonis Systems (GB:0VOU) report earnings?
Varonis Systems (GB:0VOU) is schdueled to report earning on Aug 04, 2025, TBA Not Confirmed.
What is Varonis Systems (GB:0VOU) earnings time?
Varonis Systems (GB:0VOU) earnings time is at Aug 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Varonis Systems stock?
The P/E ratio of Varonis Systems is N/A.
What is GB:0VOU EPS forecast?
GB:0VOU EPS forecast for the fiscal quarter 2025 (Q2) is <0.01.