---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-003059"
form_type: "8-K"
ticker: "VRNS"
cik: "0001361113"
company_name: "VARONIS SYSTEMS INC"
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T01:58:19.616718+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Varonis Q1 ARR grows 32% to $404.5M, revenue +29% to $96.3M; GAAP loss widens to $48.1M

## Summary
- Annual recurring revenue $404.5M, up 32% YoY; subscription revenue $69.0M (+53%).
- Total revenue $96.3M (+29%); GAAP operating loss ($48.1M) vs ($34.1M) in Q1 2021.
- Non-GAAP operating loss ($7.9M) vs ($6.3M); Russia write-off created $3M ARR headwind.
- Full-year 2022 revenue and ARR guidance reaffirmed despite expected $4-5M Russia impact.
- Record quarterly operating cash flow achieved in Q1 2022.

## SEC filing metadata
- accession: 0001171843-22-003059
- form_type: 8-K
- ticker: VRNS
- cik: 0001361113
- company_name: VARONIS SYSTEMS INC
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361113/000117184322003059/0001171843-22-003059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361113/000117184322003059/f8k_050222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-003059
- JSON: https://secwatch.observer/filing/0001171843-22-003059.json
- Plain text: https://secwatch.observer/filing/0001171843-22-003059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.