---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-006898"
form_type: "8-K"
ticker: "VRNS"
cik: "0001361113"
company_name: "VARONIS SYSTEMS INC"
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T21:28:56.646532+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Varonis Q3 revenue $123.3M (+23% YoY); ARR up 30% cc; $100M buyback; SaaS early access; guidance lowered

## Summary
- Total revenue $123.3M (+23% YoY); subscription revenue $96.1M (+37% YoY).
- GAAP operating loss of ($25.6)M vs ($18.6)M loss last year; non-GAAP operating income $9.8M vs $8.1M.
- Annual recurring revenue grew 30% YoY on constant currency basis; early availability of Data Security Platform as SaaS.
- Board authorized $100M share repurchase; full-year guidance adjusted due to macroeconomic headwinds and FX weakness.

## SEC filing metadata
- accession: 0001171843-22-006898
- form_type: 8-K
- ticker: VRNS
- cik: 0001361113
- company_name: VARONIS SYSTEMS INC
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361113/000117184322006898/0001171843-22-006898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361113/000117184322006898/f8k_103122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-006898
- JSON: https://secwatch.observer/filing/0001171843-22-006898.json
- Plain text: https://secwatch.observer/filing/0001171843-22-006898.txt

## Key facts
- Earnings Releases
  VARONIS SYSTEMS INC reported the third quarter ended September 30, 2022 results: revenue $123.3 million. Guidance lowered.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $123.3 million
  - Guidance: lowered
  - Result: reported results
  source text: Financial Summary for the Third Quarter Ended September 30, 2022 Total revenues increased 23% to $123.3 million, compared with $100.4 million in the third quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361113/000117184322006898/0001171843-22-006898-index.htm

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