NASDAQ$VRNS
Varonis Systems Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Varonis reported strong second-quarter results, demonstrating solid execution and growth in a heightened threat environment.
Varonis announced strong second-quarter results with total revenues growing 33% year-over-year to $88.4 million. Annual recurring revenues (ARR) increased by 39% compared to the second quarter of 2020, reaching $328.2 million. The company is benefiting from organizations strategically focusing on data security due to the increasing number of high-profile ransomware attacks.
- Total revenues increased by 33% year-over-year to $88.4 million in Q2 2021.
- Annual recurring revenues (ARR) grew to $328.2 million, a 39% increase over Q2 2020.
- Varonis is seeing increased demand due to the heightened threat environment and high-profile ransomware attacks.
- The company believes it has a long-term sustainable growth runway due to data protection challenges and the strength of its platform.
Headline financials
Revenue & EPS history
Varonis · Revenue · Quarterly
$88.4M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.4%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+2.1%
Avg return
30 days after
60%
29 / 48 earnings
Positive
+19.0%
Q3 2014
Best reaction
-48.7%
Q3 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.7% | +7.8% | +34.3% | |
| Q4 2025 | -10.8% | -3.5% | -8.1% | |
| Q3 2025 | -48.7% | -42.7% | -47.5% | |
| Q1 2025 | +2.3% | +3.5% | +14.4% | |
| Q4 2024 | -7.4% | -8.2% | -13.0% | |
| Q3 2024 | -8.5% | -10.7% | -13.6% | |
| Q2 2024 | +14.7% | +6.9% | +16.8% | |
| Q1 2024 | +2.8% | +1.7% | -2.1% | |
| Q4 2023 | +7.0% | +14.5% | +9.6% | |
| Q3 2023 | +6.8% | +9.1% | +31.6% | |
| Q2 2023 | +13.8% | +6.3% | +13.7% | |
| Q1 2023 | +0.4% | -0.6% | +13.5% | |
| Q4 2022 | +8.0% | +4.0% | +1.9% | |
| Q3 2022 | -36.0% | -40.7% | -21.3% | |
| Q2 2022 | +9.5% | +17.8% | +7.6% | |
| Q1 2022 | -11.2% | -20.1% | -24.8% | |
| Q4 2021 | +4.3% | +8.2% | +11.0% | |
| Q3 2021 | -3.6% | -3.9% | -22.5% | |
| Q2 2021 | -3.6% | -4.9% | +13.4% | |
| Q1 2021 | -4.4% | -9.9% | -9.3% | |
| Q4 2020 | +6.2% | +13.0% | -10.9% | |
| Q3 2020 | -1.4% | -7.0% | -4.0% | |
| Q2 2020 | +7.4% | +9.1% | +13.9% | |
| Q1 2020 | +11.4% | +15.3% | +33.9% | |
| Q4 2019 | -1.0% | +3.0% | -23.3% | |
| Q3 2019 | +14.0% | +13.8% | +24.5% | |
| Q2 2019 | +0.1% | -0.1% | -6.8% | |
| Q1 2019 | +4.7% | +6.9% | -6.6% | |
| Q4 2018 | -12.0% | -13.2% | -3.7% | |
| Q3 2018 | -5.7% | -1.4% | -7.2% | |
| Q2 2018 | -21.2% | -17.7% | -4.9% | |
| Q1 2018 | +4.7% | +7.9% | +20.1% | |
| Q4 2017 | +3.3% | +7.4% | +11.0% | |
| Q3 2017 | +13.1% | +7.2% | +21.6% | |
| Q2 2017 | +3.0% | -0.3% | +3.5% | |
| Q1 2017 | +10.1% | +9.5% | +13.9% | |
| Q4 2016 | -7.4% | -9.1% | -11.6% | |
| Q3 2016 | +2.0% | +3.9% | -3.7% | |
| Q2 2016 | +6.3% | +8.9% | +17.0% | |
| Q1 2016 | +8.9% | — | — | |
| Q4 2015 | +16.4% | — | — | |
| Q3 2015 | -0.9% | — | — | |
| Q2 2015 | +11.0% | — | — | |
| Q1 2015 | -26.9% | — | — | |
| Q4 2014 | -18.6% | — | — | |
| Q3 2014 | +19.0% | — | — | |
| Q2 2014 | +7.8% | — | — | |
| Q1 2014 | -10.5% | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — |
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