Varonis Systems Inc Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
57.0%projected annual EPS growth
Analyst Coverage
22analysts covering
FY Revenue (est.)
$737.8Mnext fiscal year
FY EPS (est.)
$0.15next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 27 Oct 2026 |
| Q4 2026 and Full Year Earnings Release | 2 Feb 2027 |
Monitoring Framework
Key Performance Indicators
SaaS Annual Recurring Revenue (SaaS ARR) Quarterly683.2MTarget: 814.0 million to 845.0 million
SaaS ARR Growth (excluding conversions) Quarterly29.0%Target: 20% to 21%
Free Cash Flow Quarterly49MTarget: 100.0 million to 105.0 million
SaaS Renewal Rate Quarterly90.0%Target: Sustain above 90%
Watch Items
- SaaS Transition and On-Premises End-of-Life (EOL)Trigger: December 31, 2026 EOL deadlineAction: Monitor the conversion rate of the remaining non-SaaS ARR (approximately $83.7 million as of Q1 2026) and track potential churn or migration friction, especially among federal and state government cohorts.
- Gross Margin CompressionTrigger: Gross margin falling below 77%Action: Evaluate delivery costs and hosting infrastructure efficiency associated with the SaaS platform to ensure long-term margin stabilization.
- AI Security Adoption and Product TractionTrigger: Slowing net new SaaS ARR growthAction: Assess customer adoption of MDDR (Managed Detection and Response) and newly acquired AI-related products (AllTrue, database activity monitoring, Interceptor, and Atlas) to drive organic expansion.
Research as of 19 Jun 2026