VARONIS SYSTEMS, INC. (VRNS) Return on equity 2016–2025
VARONIS SYSTEMS, INC. (VRNS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-21.6%FY2025 · since FY2016: -14.8% → -21.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -21.6% | -0.6 pp |
| FY2024 | -21.0% | -0.4 pp |
| FY2023 | -20.6% | +4.2 pp |
| FY2022 | -24.8% | -5.2 pp |
| FY2021 | -19.6% | +80.3 pp |
| FY2020 | -99.9% | -15.7 pp |
| FY2019 | -84.2% | -61.4 pp |
| FY2018 | -22.8% | -10.7 pp |
| FY2017 | -12.1% | +2.7 pp |
| FY2016 | -14.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More VRNS financial trends
VRNS RevenueVRNS Net incomeVRNS Net marginVRNS Gross profitVRNS Gross marginVRNS Operating incomeVRNS Operating marginVRNS Operating cash flowVRNS Free cash flowVRNS Capital expendituresVRNS Stock buybacksVRNS Dividends paidVRNS Total assetsVRNS Total liabilitiesVRNS Shareholders’ equityVRNS overview →