---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-005856"
form_type: "8-K"
ticker: "VRNS"
cik: "0001361113"
company_name: "VARONIS SYSTEMS INC"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T08:58:12.507319+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Varonis reports Q3 2024: ARR up 18% YoY; SaaS now 43% of total ARR; operating income improves

## Summary
- ARR grew 18% YoY; SaaS ARR reached ~43% of total ARR, reflecting continued platform adoption.
- Total revenues $148.1M (+21% YoY vs $122.3M); SaaS revenues $57.8M vs $13.7M a year ago.
- GAAP operating loss narrowed to $23.6M from $29.1M; Non-GAAP operating income was $9.1M ($4.9M).
- YTD cash from operations nearly doubled to $90.9M (prior $49.0M); YTD FCF $88.6M vs $46.0M.
- Term license subscription revenues declined to $68.8M from $84.0M; maintenance & services $21.5M.

## SEC filing metadata
- accession: 0001171843-24-005856
- form_type: 8-K
- ticker: VRNS
- cik: 0001361113
- company_name: VARONIS SYSTEMS INC
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1361113/000117184324005856/0001171843-24-005856-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1361113/000117184324005856/f8k_102924.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-005856
- JSON: https://secwatch.observer/filing/0001171843-24-005856.json
- Plain text: https://secwatch.observer/filing/0001171843-24-005856.txt

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