Varonis Systems, Inc. (VRNS) financial statements (2021 and earlier)

Company profile

Business Address 1250 BROADWAY, 31ST FLOOR
NEW YORK, NY 10001
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11090110126119158159
Cash and cash equivalents69536964496874
Short-term investments42374161709085
Receivables76524642855341
Prepaid expense8   7  
Deposits current assets10      
Other undisclosed current assets4565153481517
Total current assets:209198207220259226217
Noncurrent Assets
Operating lease, right-of-use asset5557  
Property, plant and equipment36272421171312
Other noncurrent assets18161312988
Other undisclosed noncurrent assets  5952   
Total noncurrent assets:1101009785262020
TOTAL ASSETS:318298304305285246237
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities383213532
Accounts payable1321332
Accrued liabilities14   13  
Employee-related liabilities23   20  
Deferred revenue9677  
Debt87  1  
Deferred rent credit    0  
Derivative instruments and hedges, liabilities0   4  
Contract with customer, liability7982   
Other undisclosed current liabilities16465450106119117
Total current liabilities:160134135133146122119
Noncurrent Liabilities
Long-term debt and lease obligation5759     
Operating lease, liability5759  
Liabilities, other than long-term debt88910788
Deferred revenue55  
Contract with customer, liability67   
Deferred rent credit    0  
Other liabilities3333788
Other undisclosed noncurrent liabilities  6053666
Total noncurrent liabilities:65676963131414
Total liabilities:225200204195160136133
Stockholders' equity
Stockholders' equity attributable to parent9498100110125110104
Common stock0000000
Additional paid in capital311299285271267256244
Accumulated other comprehensive income (loss)(0)10(1)(4)(2)(3)
Accumulated deficit(217)(202)(185)(161)(138)(144)(137)
Total stockholders' equity:9498100110125110104
TOTAL LIABILITIES AND EQUITY:318298304305285246237

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues73666056886762
Cost of revenue(10)(9)(8)(8)(8)(7)(6)
Gross profit:63575148806056
Operating expenses(77)(73)(75)(70)(75)(67)(67)
Operating income (loss):(14)(16)(24)(22)5(7)(11)
Nonoperating income (expense)0(0)0(0)10(1)
Income (loss) from continuing operations before income taxes:(14)(16)(24)(22)5(7)(12)
Income tax expense (benefit)(1)(1)(1)(1)1(1)(1)
Net income (loss) available to common stockholders, diluted:(15)(17)(24)(23)6(7)(13)

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):(15)(17)(24)(23)6(7)(13)
Comprehensive income (loss):(15)(17)(24)(23)6(7)(13)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)113(2)1(1)
Comprehensive income (loss), net of tax, attributable to parent:(16)(16)(24)(20)5(6)(14)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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