VRNS Stock Cash Flow Statements

Varonis Systems Quarterly Cash Flow Statements Chart

Quarterly

Annual

Stock-Based Compensation

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

Varonis Systems Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31

cash flows from operating activities:
net income	-35,824,000	-35,783,000	-12,994,000	-18,333,000	-23,948,000	-40,490,000	-898,000	-23,017,000	-38,697,000	-38,304,000	-10,748,000	-28,717,000	-36,290,000	-48,763,000	-24,943,000	-23,314,000	-32,948,000	-35,656,000	-19,032,000	-19,225,000	-24,323,000	-31,430,000	-14,650,000	-16,987,000	-24,488,000	-22,639,000	6,468,000	-7,317,000	-12,683,000	-15,046,000	5,534,000	-3,314,000	-5,035,000	-10,879,000	3,522,000	-4,389,000	-6,493,000	-10,350,000	2,634,000	-4,925,000	-6,322,000	-12,670,000	-331,000	-6,354,000	-4,639,000	-8,074,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	2,569,000	2,419,000	2,583,000	2,776,000	2,858,000	2,909,000	2,967,000	2,929,000	2,916,000	2,891,000	4,051,000	2,948,000	2,498,000	2,679,000	2,617,000	2,815,000
stock-based compensation	33,859,000	32,255,000	32,569,000	31,931,000	30,089,000	32,093,000	31,643,000	32,980,000	39,385,000	35,811,000	34,806,000	34,300,000	37,758,000	35,998,000	38,110,000	24,422,000	25,868,000	21,379,000	19,401,000	18,678,000	17,623,000	12,883,000	11,360,000	11,022,000	14,796,000	8,961,000	10,787,000	8,399,000	8,848,000	6,927,000	5,390,000	4,782,000	5,259,000	4,404,000	3,483,000	3,458,000	3,373,000	2,624,000	2,090,000	2,057,000	1,962,000	1,685,000	1,826,000	1,214,000	978,000	646,000
amortization of deferred commissions	13,788,000	11,353,000	34,486,000	5,408,000	6,566,000	7,932,000	3,984,000	5,023,000	9,062,000	3,462,000	5,066,000	5,312,000	5,766,000	6,120,000	2,636,000	3,442,000	3,912,000	4,157,000	3,554,000	3,769,000	2,534,000	3,249,000	3,100,000	3,394,000	3,510,000	3,626,000	3,467,000	3,277,000	3,116,000	3,325,000
non-cash operating lease costs	2,476,000	2,476,000	2,476,000	2,328,000	2,328,000	2,394,000
amortization of debt issuance costs	887,000	887,000	880,000	496,000	385,000	383,000		379,000	378,000	376,000
amortization of premium and accretion of discount on marketable securities	315,000	99,000	-1,402,000	-3,677,000	-3,868,000	-3,743,000	-3,797,000	-2,833,000	-1,431,000	-1,293,000
changes in assets and liabilities:
trade receivables	-26,125,000	65,129,000	-73,629,000	3,209,000	-21,971,000	68,675,000	-58,032,000	-7,416,000	-28,275,000	60,586,000	-44,294,000	-7,756,000	-20,325,000	53,575,000	-45,797,000	-11,237,000	-8,843,000	42,927,000	-34,014,000	-11,345,000	-10,501,000	36,785,000	-23,184,000	-6,303,000	-3,767,000	41,427,000	-30,285,000	-11,545,000	-8,925,000	43,128,000	-30,916,000	-3,367,000	-13,847,000	26,395,000	-23,736,000	3,368,000	-9,093,000	23,036,000	-19,250,000	763,000	-8,306,000	17,226,000	-16,723,000	-2,292,000	-4,600,000	14,014,000
prepaid expenses and other short-term assets	-9,650,000	11,077,000	-24,443,000
deferred commissions	-21,989,000	-13,603,000	-35,974,000	-8,549,000	-7,938,000	-7,359,000	-3,626,000	-5,915,000	-9,390,000	-3,033,000	-4,523,000	-3,615,000	-6,953,000	-6,942,000	-7,499,000	-4,911,000	-4,868,000	-3,873,000	-5,959,000	-5,357,000	-5,579,000	-2,236,000	-5,731,000	-4,858,000	-3,673,000	-4,870,000	-5,444,000	-4,040,000	-3,390,000	-2,434,000
other long-term assets	-1,132,000	12,000	476,000	-71,000	78,000	-136,000	386,000	-516,000	142,000	-589,000	-836,000	244,000	735,000	359,000	585,000	56,000	-137,000	900,000	1,686,000	-42,000	-126,000	-82,000
trade payables	841,000	1,961,000	2,824,000	-1,043,000	-367,000	2,227,000	-656,000	648,000	-28,000	-2,254,000	-3,027,000	1,232,000	-14,000	-553,000	1,878,000	279,000	2,530,000	-213,000	51,000	90,000	-295,000	-174,000	-2,002,000	700,000	1,675,000	-1,996,000	-525,000	1,246,000	1,416,000	-152,000	-731,000	18,000	-234,000	294,000	344,000	-1,130,000	1,372,000	-1,910,000	397,000	-369,000	462,000	-581,000	-51,000	454,000	211,000	-74,000
accrued expenses and other short-term liabilities	32,681,000	-16,728,000	23,199,000	-1,508,000	12,466,000	-16,840,000	12,374,000	-11,853,000	9,995,000	-15,794,000	8,010,000	-4,662,000	39,000	-12,502,000	10,907,000	659,000	-687,000	-5,029,000	17,325,000	503,000	5,152,000	-6,922,000	6,789,000
deferred revenues	28,082,000	5,988,000	73,189,000	10,205,000	23,441,000	3,554,000	36,327,000	14,233,000	20,696,000	-1,374,000	15,738,000	-4,331,000	-495,000	-5,646,000	18,662,000	-348,000	-5,275,000	-7,618,000	16,774,000	1,671,000	-6,011,000	-12,603,000	18,968,000	-2,730,000	-3,635,000	-5,384,000	15,298,000	981,000	3,209,000	-5,373,000	17,495,000	2,084,000	2,509,000	-3,203,000	12,867,000	1,546,000	1,558,000	-2,702,000	10,890,000	1,261,000	1,504,000	-2,101,000	8,220,000	983,000	738,000	-1,424,000
other long-term liabilities	571,000	458,000	34,000	144,000	-45,000	173,000	-2,646,000	388,000	1,518,000	1,214,000	-2,244,000	2,722,000	790,000	96,000	479,000	368,000	1,932,000	-1,198,000	785,000	2,464,000	2,240,000	4,000
net cash from operating activities	21,349,000	68,000,000	24,274,000	22,479,000	11,724,000	56,723,000	10,447,000	6,333,000	5,806,000	36,830,000	3,434,000	-1,638,000	-14,467,000	24,542,000	338,000	-4,305,000	-9,238,000	20,383,000	7,654,000	-2,692,000	-14,678,000	3,874,000	-7,000	-13,629,000	-11,102,000	14,055,000	7,280,000	-4,118,000	2,939,000	17,444,000	5,505,000	3,462,000	-913,000	8,297,000	2,811,000	2,195,000	-3,101,000	5,442,000	1,904,000	793,000	-6,671,000	1,245,000	-2,466,000	-4,064,000	-4,917,000	4,337,000
capex	-4,027,000	-2,664,000	-4,352,000	-1,226,000	-819,000	-297,000	-2,154,000	-342,000	-1,493,000	-1,110,000	-3,762,000	-1,500,000	-2,639,000	-3,495,000	-6,370,000	-1,974,000	-1,030,000	-1,116,000	-3,115,000	-2,565,000	0	-2,609,000	-11,173,000	-4,341,000	-4,775,000	-5,103,000	-6,406,000	-1,105,000	-991,000	-1,081,000	-1,742,000	-1,038,000	-1,036,000	-1,498,000	-1,249,000	-1,129,000	-725,000	-722,000	-999,000	-1,767,000	-1,297,000	-473,000	-594,000	-451,000	-680,000	-608,000
free cash flows	17,322,000	65,336,000	19,922,000	21,253,000	10,905,000	56,426,000	8,293,000	5,991,000	4,313,000	35,720,000	-328,000	-3,138,000	-17,106,000	21,047,000	-6,032,000	-6,279,000	-10,268,000	19,267,000	4,539,000	-5,257,000	-14,678,000	1,265,000	-11,180,000	-17,970,000	-15,877,000	8,952,000	874,000	-5,223,000	1,948,000	16,363,000	3,763,000	2,424,000	-1,949,000	6,799,000	1,562,000	1,066,000	-3,826,000	4,720,000	905,000	-974,000	-7,968,000	772,000	-3,060,000	-4,515,000	-5,597,000	3,729,000
cash flows from investing activities:
proceeds from maturities of marketable securities	70,000,000	56,000,000	151,740,000
investment in marketable securities	0	-57,654,000	-373,088,000	-410,654,000	-34,617,000	-131,482,000	-186,297,000	-271,953,000	-143,000	-59,555,000	-219,819,000	-29,317,000	-363,000	-28,372,000
proceeds from short-term and long-term deposits	65,576,000	34,174,000	9,757,000	10,700,000	8,039,000	6,299,000	43,519,000	8,913,000	158,012,000	4,000,000	9,079,000	5,032,000	0	1,850,000	516,000	10,001,000
investment in short-term and long-term deposits	-60,099,000	-36,289,000	-15,021,000	-41,000	-7,606,000	-1,586,000	-17,218,000	-7,953,000	-8,152,000	-102,500,000	-126,581,000	-9,055,000	-5,077,000	-1,853,000	0	0
acquisition, net of cash acquired	0	-18,584,000
purchases of property and equipment	-3,377,000	-2,339,000	-4,352,000	-1,226,000	-819,000	-297,000	-2,154,000	-342,000	-1,493,000	-1,110,000	-3,762,000	-1,500,000	-2,639,000	-3,495,000	-6,370,000	-1,974,000	-1,030,000	-1,116,000	-3,115,000	-2,565,000
capitalized internal-use software	-650,000	-325,000
other investing activities
net cash from investing activities	69,950,000	-25,017,000	-119,412,000	-295,875,000	-5,002,000	-111,966,000	110,350,000	-263,335,000	152,424,000	-142,515,000	-332,283,000	-2,019,000	-8,079,000	-31,870,000	2,157,000	20,051,000	37,016,000	-4,845,000	-5,191,000	-10,637,000	-39,334,000	414,000	15,681,000	-5,574,000	17,263,000	5,933,000	-26,386,000	-6,248,000	-3,132,000	-4,422,000	-6,718,000	-7,986,000	1,127,000	-6,424,000	3,547,000	-19,161,000	4,258,000	-989,000	-22,998,000	-1,672,000	-1,541,000	-467,000	-35,591,000	-491,000	-141,000	3,401,000
cash flows from financing activities:
proceeds from employee stock plans	0	7,163,000	0	6,290,000	3,378,000	6,414,000	191,000	5,457,000	36,000	5,853,000	431,000	5,393,000	5,000	6,111,000	122,000	6,041,000	-27,000	3,942,000									-55,000	4,078,000	3,025,000	1,066,000	4,483,000	4,463,000	2,255,000	882,000	269,000	2,552,000	490,000	761,000
taxes paid related to net share settlement of equity awards	-6,439,000	-21,360,000	-1,031,000	-656,000	-1,748,000	-34,860,000	-1,444,000	-532,000	-2,575,000	-16,864,000	-1,583,000	-663,000	-6,000	-28,825,000
repurchase of common stock	-38,736,000	-61,264,000					0	-35,923,000	-5,080,000	-2,519,000
net cash from financing activities	-45,175,000	-75,461,000	-1,495,000	400,211,000	1,630,000	-28,446,000	-1,253,000	-30,998,000	-7,619,000	-13,530,000	-57,596,000	4,730,000	-1,000	-22,714,000	122,000	6,041,000	-27,000	503,976,000	171,000	4,808,000	216,458,000	4,316,000					-55,000	4,078,000	3,025,000	1,066,000	4,483,000	4,463,000	2,255,000	882,000	269,000	2,552,000	490,000	761,000	408,000	1,028,000	71,000	548,000	-587,000	-336,000	-310,000	108,125,000
increase in cash and cash equivalents				126,815,000							-386,445,000	1,073,000	-22,547,000	-30,042,000	2,617,000	21,787,000	27,751,000	519,514,000	2,634,000	-8,521,000	162,446,000	8,604,000										-61,000	2,469,000	2,755,000			1,647,000	5,214,000	-20,686,000	149,000	-8,141,000	1,326,000	-38,644,000	-4,891,000	-5,368,000	115,863,000
cash and cash equivalents at beginning of period	0	185,585,000	0	0	0	230,740,000	0	0	0	367,800,000	0	0	0	805,761,000	0	0	0	234,092,000	0	0	0	68,929,000										0	0	48,315,000	0	0	0	49,241,000	0	0	0	76,593,000	0	0	0	9,633,000
cash and cash equivalents at end of period	46,124,000	153,107,000	-96,633,000	126,815,000	8,352,000	147,051,000	119,544,000	-288,000,000	150,611,000	248,585,000	-386,445,000	1,073,000	-22,547,000	775,719,000	2,617,000	21,787,000	27,751,000	753,606,000	2,634,000	-8,521,000	162,446,000	77,533,000										-61,000	2,469,000	51,070,000	6,627,000	-14,414,000	1,647,000	54,455,000	-20,686,000	149,000	-8,141,000	77,919,000	-38,644,000	-4,891,000	-5,368,000	125,496,000
supplemental disclosure of cash flow information:
decrease in cash and cash equivalents		-32,478,000				-83,689,000				-119,215,000
cash paid for income taxes		894,000			5,319,000	420,000	9,858,000	3,831,000	2,049,000	351,000	5,087,000	925,000	835,000	507,000	4,861,000	300,000	524,000	2,822,000	34,000	498,000	308,000	502,000	389,000	420,000	603,000	2,543,000	149,000	75,000	384,000	102,000	191,000	138,000	120,000	20,000	113,000	37,000	30,000	66,000	138,000	53,000	130,000	33,000	201,000	57,000	18,000	28,000
acquired in-process research and development			0
gain from sale of property and equipment											0
proceeds from sales of marketable securities
purchase of in-process research and development			0
proceeds from sale of property and equipment											0												1,000	0			0	25,000							0
proceeds from issuance of convertible senior notes, net of issuance costs			-464,000																0	0
purchases of capped calls			0																0	0
cash paid for interest					18,000	1,584,000	1,000	1,584,000	3,000	1,608,000	1,000	1,583,000	1,000	1,582,000
lease liabilities arising from obtaining right-of-use assets									162,000	997,000	11,000	195,000	1,171,000	248,000
common stock issued for debt conversion
prepaid expenses and other current assets					-8,350,000	4,951,000	-10,341,000	-1,053,000	-2,829,000	-7,236,000	-925,000	-1,995,000	-666,000	-2,575,000	-1,074,000	-253,000	2,494,000	-1,673,000	1,319,000	-892,000	-1,312,000	342,000	1,014,000	-335,000	-1,281,000	-623,000	-1,005,000	2,639,000	2,240,000	-5,806,000	-2,479,000	945,000	714,000	-2,497,000	-98,000	-977,000	695,000	-648,000	108,000	-572,000	196,000	1,064,000	251,000	-250,000	302,000	-284,000
proceeds from sales and maturities of marketable securities					30,001,000	15,100,000	272,500,000	8,000,000	4,200,000	16,650,000	8,800,000				8,011,000	12,024,000
supplemental disclosure of non-cash activities:
noncash operating lease costs							2,381,000	2,356,000	2,364,000	2,367,000	2,331,000	2,328,000	2,320,000	2,326,000	2,031,000	1,990,000	1,969,000	2,242,000
amortization of debt discount and issuance costs											373,000	373,000	370,000	370,000	1,746,000	1,727,000	1,708,000	1,689,000	1,669,000	1,647,000
proceeds from follow-on offering															0	0	0	500,034,000
capital income from sale of fixed assets
net lease liabilities arising from obtaining right-of-use assets																14,203,000	110,000	7,785,000					1,344,000	2,684,000
depreciation																		2,349,000	2,584,000	3,111,000	2,110,000	2,098,000	2,001,000	1,504,000	1,479,000	1,337,000	1,676,000	854,000	829,000	797,000	1,358,000	686,000	662,000	622,000	570,000	544,000	569,000	497,000	564,000	362,000	345,000	344,000	427,000	324,000	280,000	254,000
increase in short-term deposits																		-12,225,000
decrease in marketable securities																		6,036,000			7,621,000	7,794,000
decrease in long-term deposits																		2,460,000
capital gain from sale of fixed assets																							21,000
decrease (increase) in short-term deposits																			29,927,000	-71,000	-45,122,000	-4,805,000	26,992,000	4,320,000	20,034,000	9,120,000
decrease (increase) in marketable securities																			-5,000						1,997,000	1,928,000
increase in long-term deposits																							-5,000	-1,000	-3,000	-12,000	6,000	-1,000	-10,000	-308,000		-49,000	-20,000	-140,000
proceeds (withholdings) from employee stock plans																			171,000	4,808,000	498,000	4,316,000	271,000	3,028,000	-1,463,000	-4,234,000
amortization of operating lease right-of-use asset																				2,236,000	3,030,000	1,960,000	2,014,000	4,172,000	1,438,000	1,399,000
decrease (increase) in long-term deposits																				-5,000	-6,000	34,000													-84,000								-9,000	2,000	9,000	37,000
purchase of property and equipment																						-2,609,000	-11,173,000	-4,341,000	-4,775,000	-5,103,000	-6,406,000	-1,105,000	-991,000	-1,081,000	-1,742,000	-1,038,000	-1,036,000	-1,498,000	-1,249,000	-1,129,000	-725,000	-722,000	-999,000	-1,767,000	-1,297,000	-473,000	-594,000	-451,000	-680,000	-608,000
other long term assets																							31,000	43,000	26,000	-19,000	-275,000	-11,000	-25,000	41,000
other long term liabilities																							262,000	-147,000	31,000	170,000	-870,000	-281,000	-111,000	237,000	-385,000	9,000	-156,000	-199,000	-53,000	288,000	297,000	-521,000	454,000	343,000	638,000	-1,327,000	367,000	430,000	-2,000	3,000
increase in marketable securities																							-134,000
increase in cash, cash equivalents and restricted cash																							15,945,000	-16,175,000	4,698,000	15,754,000	-19,161,000	-6,288,000	2,832,000	14,088,000
cash, cash equivalents and restricted cash at beginning of period																							0	0	0	48,707,000	0	0	0	57,236,000
cash, cash equivalents and restricted cash at end of period																							15,945,000	-16,175,000	4,698,000	64,461,000	-19,161,000	-6,288,000	2,832,000	71,324,000
net cash provided (used in) by financing activities																								3,028,000	-1,463,000	-4,234,000
capital gain from disposal of fixed assets																									0	24,000	0	-25,000			-6,000	-12,000
accrued expenses and other short term liabilities																									2,787,000	-7,358,000	7,988,000	1,705,000	8,417,000	-8,200,000	10,286,000	1,398,000	9,190,000	-6,421,000
initial recognition of operating lease right-of-use assets																										53,274,000
initial recognition of operating lease liabilities																										58,024,000
increase in short-term investments																												-5,167,000	-2,133,000	-3,033,000	-4,929,000
supplemental disclosures of non-cash flow information
deferred rent fixed asset additions																																			546,000				0	0	0	1,355,000
severance pay																																233,000	27,000	-219,000	108,000	7,000	25,000	-4,000
increase in restricted cash																																6,000	-20,000	-29,000		-34,000										-15,000
proceeds on sales of property and equipment																																12,000
supplemental disclosure of non-cash flow information:
decrease (increase) in short-term investments
increase in short-term deposit																																		-4,757,000				-250,000
amortization of deferred charges related to loan																																											94,000
decrease (increase) in restricted cash																																						-17,000	-2,000	19,000	-179,000	6,000	12,000	-42,000
payment of deferred equity offering cost																																											-756,000	-519,000	-327,000	-335,000
net proceeds from initial public offering																																											0	0	0	108,447,000
conversion of preferred stock to common stock																																											0	0	0	43,775,000
conversion of liability warrants to equity																																											0	0	0	2,866,000
capital gain from disposal of fixed asset																																								-1,000
accrued expenses and other liabilities																																				-518,000	4,596,000	-4,580,000		1,862,000	2,833,000	-2,394,000		1,975,000	1,790,000	-1,069,000
decrease in short-term deposit																																														3,987,000
revaluation of fair value of warrants to convertible preferred stock
exercise of employee stock options																																							408,000	1,028,000	71,000	548,000	169,000	183,000	17,000	13,000
exercise of warrants to purchase series d convertible preferred stock
deferred charges related to warrants granted to credit facilitator
increase in severance pay																																								12,000			4,000	5,000	25,000	314,000
supplemental disclosures of non-cash flow information:
deferred offering costs not yet paid																																													-327,000	846,000
capital income from disposal of fixed asset																																										-1,000
supplemental disclosures of cash flow information:
decrease (increase) in short-term deposit																																											-35,000,000	0
issuance of common stock
capital income from disposal of fixed assets
amortization of deferred charges related to long-term loan																																													0	31,000

We provide you with 20 years of cash flow statements for Varonis Systems stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Varonis Systems stock. Explore the full financial landscape of Varonis Systems stock with our expertly curated income statements.

The information provided in this report about Varonis Systems stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.