{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-006530","form_type":"8-K","ticker":"VRNS","cik":"0001361113","company_name":"VARONIS SYSTEMS INC","filed_at":"2023-10-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.749090+00:00","generated_at":"2026-06-09T05:42:48.146432+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Varonis Q3 revenue $122.3M; SaaS mix 59%; GAAP operating loss $29.1M","bullets":["Total revenues $122.3M vs $123.3M YoY; subscription revenues $97.7M vs $96.1M.","GAAP operating loss ($29.1M) vs ($25.6M); Non-GAAP operating income $4.9M vs $9.8M.","Year-to-date cash from operations $49.0M (vs $8.4M); free cash flow $46.0M (vs $0.8M).","SaaS mix of new business and upsell ARR hit 59% (guidance 45%); ~15% of total ARR is SaaS."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-006530","json":"https://secwatch.observer/filing/0001171843-23-006530.json","markdown":"https://secwatch.observer/filing/0001171843-23-006530.md","text":"https://secwatch.observer/filing/0001171843-23-006530.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361113/000117184323006530/0001171843-23-006530-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361113/000117184323006530/f8k_103023.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T05:42:48.146432+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f5d87ee7a5c33c1e40980558ed881954ca7af450","claim":"VARONIS SYSTEMS INC reported third quarter ended September 30, 2023 results: revenue $122.3 million.","evidence_excerpt":"our ARR performance and cash flow generation and positions us for a strong fourth quarter.\" Financial Summary for the Third Quarter Ended September 30, 2023 Total revenues were $122.3 million, compared with $123.3 million in the third quarter of 2022. Subscription revenues were $97.7 million, compared with $96.1 million in the third quarter of 2022. Maintenance and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1361113/000117184323006530/0001171843-23-006530-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"$122.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}