Varonis FY26 Q2 net loss widens to $46.81 million; revenue rises 18.3% to $180.02 million

Reuters2026/07/29 20:47

By:Reuters

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Varonis posted a net loss of $46.81 million for the quarter ended June 30, 2026, widening from a year earlier as operating loss deepened to $40.63 million.
Revenue rose 18.3% to $180.02 million year over year, driven by SaaS revenue, which more than doubled to $171.73 million.
Term license subscriptions fell 87.1% to $4.16 million, while maintenance and services dropped 70.2% to $4.13 million as the business shifted to SaaS.
SaaS annual recurring revenue climbed 52% to $726 million as of June 30, 2026, with renewal rate over 90% for the six months ended June 30, 2026.
Management reiterated the self-hosted business will reach end-of-life on Dec. 31, 2026, following the Feb. 6, 2026 acquisition of AllTrue.ai.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Varonis Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-050630), on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Varonis FY26 Q2 net loss widens to $46.81 million; revenue rises 18.3% to $180.02 million

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