Quarterly ResultJul 29, 2026, 04:27 PM
Varonis Q2 Revenue $180M, Net Loss $(46.8)M; Legal Actions Noted
AI Summary
Varonis Systems Inc. reported Q2 2026 revenues of $180.0 million, an increase from $152.2 million in Q2 2025, but net loss widened to $(46.8) million from $(35.8) million in the prior year. For the six months ended June 30, 2026, revenues reached $353.1 million, with a net loss of $(83.7) million. The company also noted ongoing legal proceedings, including a securities class action and a shareholder derivative action.
Key Highlights
- Q2 2026 Total Revenues: $180.0 million, up from $152.2 million in Q2 2025.
- Q2 2026 Net Loss: $(46.8) million, widened from $(35.8) million in Q2 2025.
- YTD 2026 Net Loss Per Share: $(0.73), compared to $(0.64) in YTD 2025.
- Net cash provided by operating activities YTD 2026: $80.1 million.
- Acquisitions, net of cash acquired YTD 2026: $(113.6) million.
- Repurchased $135.0 million of common stock YTD 2026.
- Defending against securities class action and shareholder derivative action.
Price Impact
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