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