VARONIS SYSTEMS INC Working Capital History
VRNS / Information Technology|10 years of SEC 10-K data (FY2016-FY2025)
$640M in FY2025 with a 5-year CAGR of +21.9%.
Improved from $460M to $640M over the past 2 years.
Working Capital changed +280% YoY in FY2025, a notable deviation from the 9-year average annual change of +78%.
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
- -1.9%
- 5-Year CAGR
- +21.9%
- 10-Year CAGR
- -
Working Capital Trend
#131 of 321 in Information TechnologyTop 41% of 321This company $639.6M Sector average $1.3B
▼
-51.7% below sector average
Key Insights
- 5-year CAGR of +21.9%, indicating consistent growth.
- In FY2025, working capital increased 280.3% year-over-year.
- Ranks #131 out of 321 companies in the Information Technology sector.
- Peak working capital was recorded in FY2021.
Annual Data
| Year | Working Capital | YoY Growth |
|---|---|---|
| FY2025 | $639.6M | +280.3% |
| FY2024 | $168.2M | -63.5% |
| FY2023 | $460.4M | -32.0% |
| FY2022 | $676.9M | -9.4% |
| FY2021 | $747.4M | +215.1% |
| FY2020 | $237.2M | +329.0% |
| FY2019 | $55.3M | -51.0% |
| FY2018 | $112.8M | +2.6% |
| FY2017 | $109.9M | +32.3% |
| FY2016 | $83.1M | -2.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026