Varonis Q1 revenue $173.1M (+27% YoY); SaaS ARR ex-conversions +29%; guides FY higher

VARONIS SYSTEMS INC

2026-Q1 EPS reported -$0.32 revenue$173,126,000

Total revenue $173.1M vs $136.4M YoY; SaaS revenue $161.1M (+82%).
GAAP operating loss $44.5M; Non-GAAP operating loss $1.4M vs $6.5M loss a year ago.
SaaS ARR excluding conversions +29%; total SaaS ARR $683.2M (+69% YoY).
Launched Varonis Atlas platform powered by acquisition of AllTrue.ai.
Raised FY guidance: total SaaS ARR growth 27-32%; ex-conversions 20-21%.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VARONIS SYSTEMS INC updated its first quarter ended March 31, 2026 guidance (raised).

Period: first quarter ended March 31, 2026
Guidance: raised
Result: reported results

Exact text from the filing

On April 28, 2026, Varonis Systems, Inc. issued a press release announcing its financial results for the first quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

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Source: SEC EDGAR

accession 0001171843-26-002774

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