{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-000594","form_type":"8-K","ticker":"VRNS","cik":"0001361113","company_name":"VARONIS SYSTEMS INC","filed_at":"2024-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.949655+00:00","generated_at":"2026-06-06T09:00:59.473719+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Varonis Q4 revenue up 8% YoY to $154.1M; SaaS ARR hits ~23% of total ARR","bullets":["Q4 total revenue $154.1M (+8% YoY); subscription revenue $129.2M (+11% YoY).","GAAP operating loss improved to ($5.2M) from ($10.0M) in Q4'22; non-GAAP op income $27.2M.","FY 2023 cash from operations $59.4M vs $11.9M; free cash flow $54.3M vs $0.5M.","SaaS ARR now ~23% of total ARR; management targets full SaaS transition by end of 2026, a year earlier.","Q4 SaaS mix 66% vs guidance of 60%, driven by strong demand and customer conversions."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-000594","json":"https://secwatch.observer/filing/0001171843-24-000594.json","markdown":"https://secwatch.observer/filing/0001171843-24-000594.md","text":"https://secwatch.observer/filing/0001171843-24-000594.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361113/000117184324000594/0001171843-24-000594-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361113/000117184324000594/f8k_020524.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T09:00:59.473719+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":"f4ccd5f4e7667e6b5f7b22a4cd3671451961031a","claim":"VARONIS SYSTEMS INC reported financial results for the fourth quarter and full year ended December 31, 2023.","evidence_excerpt":"On February 5, 2024, Varonis Systems, Inc. issued a press release announcing its financial results for the fourth quarter and full year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1361113/000117184324000594/0001171843-24-000594-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"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"}