Varonis Reports Q1 2026 Earnings Results
Varonis (VRNS) reported Q1 2026 earnings with SaaS ARR (excluding conversions) rising 29% year-over-year to $522.6 million. Total revenue increased 27% to $173.1 million, but free cash flow declined due to end-of-life headwinds and acquisition costs. The company's operating loss narrowed to $1.4 million, and net income rose to $7.5 million.
Topics: Free Cash Flow Gross Margin Net Income Operating Loss Revenue Growth SaaS ARR SaaS Renewal Rate