{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-002573","form_type":"8-K","ticker":"VRNS","cik":"0001361113","company_name":"VARONIS SYSTEMS INC","filed_at":"2024-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.086806+00:00","generated_at":"2026-06-02T21:52:12.584396+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 Q1 revenue $114M (+6% YoY); SaaS ARR hits 30% of total ARR","bullets":["Total ARR grew 17% YoY; SaaS ARR now 30% of total ARR, up from ~2% in Q1 2023.","GAAP operating loss widened to $47.6M from $43.1M; non-GAAP op loss $10.6M vs $4.3M.","Year-to-date cash from operations $56.7M vs $36.8M; free cash flow $56.4M vs $35.7M.","SaaS revenue surged to $34.0M from $2.1M; term license subscription fell to $56.0M from $80.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-002573","json":"https://secwatch.observer/filing/0001171843-24-002573.json","markdown":"https://secwatch.observer/filing/0001171843-24-002573.md","text":"https://secwatch.observer/filing/0001171843-24-002573.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361113/000117184324002573/0001171843-24-002573-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361113/000117184324002573/f8k_050624.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:52:12.584396+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":"3c8868e0314798f7035f1a0e5d3128cf0c1d583c","claim":"VARONIS SYSTEMS INC reported first quarter ended March 31, 2024 results: revenue Total revenues were $114.0 million.","evidence_excerpt":"Total revenues were $114.0 million, compared with $107.3 million in the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1361113/000117184324002573/0001171843-24-002573-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"Total revenues were $114.0 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"}