secwatch.observer — SEC 8-K summary
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Issuer:     VARONIS SYSTEMS INC (VRNS)
CIK:        0001361113
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001171843-26-000602
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Varonis Q4 rev $173.4M (+9% YoY); SaaS ARR $638.5M, 86% of total ARR
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- Total Q4 revenue $173.4M vs $158.5M; SaaS revenue $142.3M (+97% YoY) from $72.2M.
- Annual recurring revenue (ARR) grew 16% YoY; SaaS ARR (ex-conversions) up 32% YoY.
- GAAP operating loss ($30.3M) vs ($17.6M) YoY; non-GAAP operating income $4.6M vs $15.3M.
- Full-year 2025 cash from ops $147.4M vs $115.2M; free cash flow $131.9M vs $108.5M.
- Converted ~1/3 of remaining self-hosted customers to SaaS in Q4; targeting fully SaaS by end-2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1361113/000117184326000602/0001171843-26-000602-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1361113/000117184326000602/f8k_020326.htm
  HTML page:      https://secwatch.observer/filing/0001171843-26-000602

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