Varonis Systems annual free cash flow
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2025
Varonis Systems Free Cash Flow (FCF) History (VRNS)
Varonis Systems reported $134.8M in free cash flow for fiscal 2025, an increase of 24.24% from the previous fiscal year, with a free cash flow margin of 21.62%.
View full Varonis Systems company overviewVaronis Systems free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $134.8M | $26.3M | +24.24% | +21.62% |
| 2024 | 2024-12-31 | $108.5M | $54.2M | +99.76% | +19.69% |
| 2023 | 2023-12-31 | $54.3M | $53.8M | +11335.16% | +10.88% |
| 2022 | 2022-12-31 | $475,000 | $3.8M | — | +0.10% |
| 2021 | 2021-12-31 | −$3.3M | $12.6M | — | −0.85% |
| 2020 | 2020-12-31 | −$16.0M | $20.1M | — | −5.45% |
| 2019 | 2019-12-31 | −$36.1M | −$50.0M | — | −14.19% |
| 2018 | 2018-12-31 | $14.0M | $2.9M | +26.50% | +5.17% |
| 2017 | 2017-12-31 | $11.0M | $7.5M | +213.37% | +5.12% |
| 2016 | 2016-12-31 | $3.5M | $10.8M | — | +2.12% |
| 2015 | 2015-12-31 | −$7.3M | $2.2M | — | −5.71% |
| 2014 | 2014-12-31 | −$9.4M | −$8.1M | — | −9.32% |
| 2013 | 2013-12-31 | −$1.3M | −$2.1M | — | −1.74% |
| 2012 | 2012-12-31 | $812,000 | — | — | +1.52% |
Varonis Systems quarterly free cash flow
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Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
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Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
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Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.7M | $2.7M | +15.18% | +11.50% |
| Q1 2026 | 2026-03-31 | $50.1M | −$15.6M | −23.74% | +28.92% |
| Q4 2025 | 2025-12-31 | $20.7M | $821,000 | +4.12% | +11.96% |
| Q3 2025 | 2025-09-30 | $30.4M | $9.2M | +43.17% | +18.83% |
| Q2 2025 | 2025-06-30 | $18.0M | $7.1M | +64.81% | +11.81% |
| Q1 2025 | 2025-03-31 | $65.7M | $9.2M | +16.37% | +48.13% |
| Q4 2024 | 2024-12-31 | $19.9M | $11.6M | +140.23% | +12.57% |
| Q3 2024 | 2024-09-30 | $21.3M | $15.3M | +254.75% | +14.35% |
| Q2 2024 | 2024-06-30 | $10.9M | $6.6M | +152.84% | +8.37% |
| Q1 2024 | 2024-03-31 | $56.4M | $20.7M | +57.97% | +49.49% |
| Q4 2023 | 2023-12-31 | $8.3M | $8.6M | — | +5.38% |
| Q3 2023 | 2023-09-30 | $6.0M | $9.1M | — | +4.90% |
| Q2 2023 | 2023-06-30 | $4.3M | $21.4M | — | +3.74% |
| Q1 2023 | 2023-03-31 | $35.7M | $14.7M | +69.72% | +33.28% |
| Q4 2022 | 2022-12-31 | −$328,000 | $5.7M | — | −0.23% |
| Q3 2022 | 2022-09-30 | −$3.1M | $3.1M | — | −2.54% |
| Q2 2022 | 2022-06-30 | −$17.1M | −$6.8M | — | −15.35% |
| Q1 2022 | 2022-03-31 | $21.0M | $1.8M | +9.24% | +21.86% |
| Q4 2021 | 2021-12-31 | −$6.0M | −$10.6M | — | −4.77% |
| Q3 2021 | 2021-09-30 | −$6.3M | −$1.0M | — | −6.26% |
| Q2 2021 | 2021-06-30 | −$10.3M | $6.2M | — | −11.61% |
| Q1 2021 | 2021-03-31 | $19.3M | $18.0M | +1423.08% | +25.76% |
| Q4 2020 | 2020-12-31 | $4.5M | $15.7M | — | +4.77% |
| Q3 2020 | 2020-09-30 | −$5.3M | $12.7M | — | −6.85% |
| Q2 2020 | 2020-06-30 | −$16.5M | −$628,000 | — | −24.80% |
| Q1 2020 | 2020-03-31 | $1.3M | −$7.7M | −85.87% | +2.33% |
| Q4 2019 | 2019-12-31 | −$11.2M | −$12.1M | — | −15.41% |
| Q3 2019 | 2019-09-30 | −$18.0M | −$12.7M | — | −27.37% |
| Q2 2019 | 2019-06-30 | −$15.9M | −$17.8M | — | −26.63% |
| Q1 2019 | 2019-03-31 | $9.0M | −$7.4M | −45.29% | +15.88% |
| Q4 2018 | 2018-12-31 | $874,000 | −$2.9M | −76.77% | +1.00% |
| Q3 2018 | 2018-09-30 | −$5.2M | −$7.6M | — | −7.79% |
| Q2 2018 | 2018-06-30 | $1.9M | $3.9M | — | +3.13% |
| Q1 2018 | 2018-03-31 | $16.4M | $9.6M | +140.67% | +30.57% |
| Q4 2017 | 2017-12-31 | $3.8M | $2.2M | +140.91% | +5.15% |
| Q3 2017 | 2017-09-30 | $2.4M | $1.4M | +127.39% | +4.54% |
| Q2 2017 | 2017-06-30 | −$1.9M | $1.9M | — | −3.94% |
| Q1 2017 | 2017-03-31 | $6.8M | $2.1M | +44.05% | +17.17% |
| Q4 2016 | 2016-12-31 | $1.6M | $657,000 | +72.60% | +2.80% |
| Q3 2016 | 2016-09-30 | $1.1M | $2.0M | — | +2.60% |
| Q2 2016 | 2016-06-30 | −$3.8M | $4.1M | — | −9.90% |
| Q1 2016 | 2016-03-31 | $4.7M | $3.9M | +511.40% | +15.49% |
| Q4 2015 | 2015-12-31 | $905,000 | $4.0M | — | +2.06% |
| Q3 2015 | 2015-09-30 | −$974,000 | $3.5M | — | −3.12% |
| Q2 2015 | 2015-06-30 | −$8.0M | −$2.4M | — | −27.33% |
| Q1 2015 | 2015-03-31 | $772,000 | −$3.0M | −79.30% | +3.36% |
| Q4 2014 | 2014-12-31 | −$3.1M | −$1.8M | — | −9.08% |
| Q3 2014 | 2014-09-30 | −$4.5M | −$5.1M | — | −17.66% |
| Q2 2014 | 2014-06-30 | −$5.6M | −$1.9M | — | −22.74% |
| Q1 2014 | 2014-03-31 | $3.7M | $652,000 | +21.19% | +21.36% |
| Q4 2013 | 2013-12-31 | −$1.2M | — | — | −4.86% |
| Q3 2013 | 2013-09-30 | $556,000 | — | — | +3.00% |
| Q2 2013 | 2013-06-30 | −$3.7M | — | — | −20.63% |
| Q1 2013 | 2013-03-31 | $3.1M | — | — | +24.46% |
Varonis Systems free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$16.0M to $134.8M, a net increase of $150.8M. Varonis Systems's latest reported quarter, Q2 2026, generated $20.7M in free cash flow, an increase of 15.18% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Varonis Systems filings at SEC.gov ↗