---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-000721"
form_type: "8-K"
ticker: "VRNS"
cik: "0001361113"
company_name: "VARONIS SYSTEMS INC"
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-19T23:56:13.542153+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Varonis Q4 revenue $142.6M (+13% YoY), ARR up 20% YoY

## Summary
- Q4 total revenues $142.6M (+13% YoY); subscription revenue $116.7M (+20% YoY).
- FY2022 total revenues $473.6M (+21% YoY); subscription revenue $366.1M (+35% YoY).
- Q4 GAAP op loss improved to ($10.0M) from ($17.8M); non-GAAP op income rose to $26.0M from $22.4M.
- FY GAAP op loss widened to ($121.2M) from ($98.7M); non-GAAP op income rose to $29.5M from $25.2M.
- SaaS product represented ~10% of new/upsell ARR in Q4; CEO confident on path to $1B ARR.

## SEC filing metadata
- accession: 0001171843-23-000721
- form_type: 8-K
- ticker: VRNS
- cik: 0001361113
- company_name: VARONIS SYSTEMS INC
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1361113/000117184323000721/0001171843-23-000721-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361113/000117184323000721/f8k_020623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-000721
- JSON: https://secwatch.observer/filing/0001171843-23-000721.json
- Plain text: https://secwatch.observer/filing/0001171843-23-000721.txt

## Key facts
- Earnings Releases
  VARONIS SYSTEMS INC reported the full year ended December 31, 2022 results: revenue $473.6 million.
  - Period: the full year ended December 31, 2022
  - Revenue: $473.6 million
  - Result: reported results
  source text: Total revenues increased 21% to $473.6 million, compared with $390.1 million in 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361113/000117184323000721/0001171843-23-000721-index.htm
- Earnings Releases
  VARONIS SYSTEMS INC reported the fourth quarter ended December 31, 2022 results: revenue $142.6 million.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $142.6 million
  - Result: reported results
  source text: Total revenues increased 13% to $142.6 million, compared with $126.6 million in the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1361113/000117184323000721/0001171843-23-000721-index.htm

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