Varonis Systems — Third Quarter 2026 Earnings Summary

Varonis Systems, Inc. reported third-quarter 2026 total revenues of $189.5 million, a 17% increase from the prior year period, driven primarily by a 47% rise in SaaS revenues to $185.1 million. The company posted a GAAP operating loss of $47.7 million but achieved a non-GAAP operating income of $7.6 million, while SaaS Annual Recurring Revenue (ARR) grew 42% year-over-year to $774.6 million. During the nine months ended September 30, 2026, Varonis generated $108.3 million in cash from operations and $94.8 million in free cash flow. Due to the pending acquisition by Proofpoint, the company will not provide forward-looking guidance or hold an earnings conference call for this quarter.