{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-25-006721","form_type":"8-K","ticker":"VRNS","cik":"0001361113","company_name":"VARONIS SYSTEMS INC","filed_at":"2025-10-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.227769+00:00","generated_at":"2026-05-17T01:54:03.082968+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Varonis Q3 rev $161.6M (+9% YoY); GAAP op loss $35.9M; cites Federal/on-prem shortfall","bullets":["Total revenue $161.6M (Q3 2024: $148.1M); SaaS revenue $125.8M vs $57.8M, up 118%.","GAAP operating loss widened to $35.9M from $23.6M; non-GAAP op income $0.2M vs $9.1M.","Annual recurring revenue (ARR) grew 18% YoY; SaaS ARR now 76% of total ARR.","Year-to-date cash from operations $122.7M vs $90.9M; FCF $111.6M vs $88.6M.","Board authorized $150M share repurchase; CEO noted lower renewals in Federal vertical and non-Federal on-prem subscription."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-25-006721","json":"https://secwatch.observer/filing/0001171843-25-006721.json","markdown":"https://secwatch.observer/filing/0001171843-25-006721.md","text":"https://secwatch.observer/filing/0001171843-25-006721.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1361113/000117184325006721/0001171843-25-006721-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1361113/000117184325006721/f8k_102825.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T01:54:03.082968+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}