VARONIS SYSTEMS INC SG&A Expense History
VRNS / Information Technology|10 years of SEC 10-K data (FY2016-FY2025)
$99M in FY2025 with a 5-year CAGR of +15.8%.
Increased from $83M to $99M over the past 2 years.
VARONIS SYSTEMS INC's sg&a expense of $99M is lower than 75% of companies in the Information Technology sector (FY2025). SG&A Expense has increased for 9 consecutive years, from $20M in FY2016 to $99M in FY2025.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.21 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- +11.1%
- 5-Year CAGR
- +15.8%
- 10-Year CAGR
- -
SG&A Expense Trend
Top 25% in Information TechnologyTop 25% of 289This company $98.9M Sector average $750.2M
▼
-86.8% below sector average
Key Insights
- VARONIS SYSTEMS INC's sg&a expense has grown for 9 consecutive years.
- 5-year CAGR of +15.8%, indicating consistent growth.
- In FY2025, sg&a expense increased 10.9% year-over-year.
- Ranks #218 out of 289 companies in the Information Technology sector.
Annual Data
| Year | SG&A Expense | YoY Growth |
|---|---|---|
| FY2025 | $98.9M | +10.9% |
| FY2024 | $89.2M | +7.6% |
| FY2023 | $82.9M | +15.1% |
| FY2022 | $72.1M | +17.7% |
| FY2021 | $61.2M | +28.7% |
| FY2020 | $47.6M | +7.2% |
| FY2019 | $44.4M | +32.6% |
| FY2018 | $33.5M | +24.8% |
| FY2017 | $26.8M | +35.2% |
| FY2016 | $19.8M | +23.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026