Core Viewpoint - The complaint against Varonis alleges that the company and its executives violated federal securities laws by making false and misleading statements regarding its ability to convert its existing customer base to a SaaS offering, which has resulted in reduced annual recurring revenue (ARR) growth potential [2] Group 1: Allegations and Impact - The complaint claims that Varonis provided overwhelmingly positive statements to investors while concealing material adverse facts about its customer conversion capabilities [2] - The misleading statements led to shareholders purchasing Varonis' securities at artificially inflated prices, impacting their financial interests [2] Group 2: Legal Proceedings - The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought and is responsible for directing the litigation on behalf of the class [3] - Any member of the putative class can move the court to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [3] Group 3: Call for Information - The law firm Faruqi & Faruqi encourages individuals with information regarding Varonis's conduct, including whistleblowers and former employees, to come forward [4]

NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Varonis Systems, Inc. ("Varonis" or the "Company") (NASDAQ: VRNS) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Varonis investors who were adversely affected by alleged securities fraud between February 4, 2025 and October 28, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/varonis-systems-inc- ...

New York, New York--(Newsfile Corp. - February 5, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Varonis Systems, Inc. (NASDAQ: VRNS) between February 4, 2025 and October 28, 2025, both dates inclusive (the "Class Period"), of the important March 9, 2026 lead plaintiff deadline.SO WHAT: If you purchased Varonis common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingen ...

SAN DIEGO, Feb. 5, 2026 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Varonis Systems, Inc. (NASDAQ: VRNS) common stock between February 4, 2025 and October 28, 2025, both dates inclusive (the "Class Period"), have until Monday, March 9, 2026 to seek appointment as lead plaintiff of the Varonis class action lawsuit. Captioned Molchanov v. Varonis Systems, Inc., No. 26-cv-00117 (S.D.N.Y.), the Varonis class action lawsuit charges Varonis as well as ...

D.A. Davidson sets a price target of $30 for Varonis, indicating a potential upside of 26.74%.Varonis reports earnings per share (EPS) of 8 cents, surpassing estimates by 166.7%.Revenues for the fourth quarter reached $173.37 million, with SaaS revenues surging by 97.1% year over year.Varonis Systems, Inc. (NASDAQ:VRNS) is a company that specializes in data security and analytics. It provides solutions to protect enterprise data from cyber threats and insider threats. Varonis is known for its innovative sof ...

Robust revenue growth and the announcement of a fresh acquisition weren't enough to push the company into positive territory for the day.Varonis Systems (VRNS 11.04%) stock dipped notably in price, with its shares ultimately closing the day nearly 11% lower. That was on the back of an earnings report that missed notably on net income guidance. Investors also seemed displeased about a looming acquisition.A tale of two line itemsIn its fourth quarter of 2025, Varonis reported total revenue of nearly $173.4 mi ...

NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Varonis Systems, Inc. (NASDAQ: VRNS). Shareholders who purchased shares of VRNS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/varonis-systems-inc-loss-submission-form/?id=183330&from=3 CLASS PERIOD: Feb ...

Product and Technology Development - Varonis introduced the Varonis Data Security Platform as a SaaS offering in 2022 to simplify deployment and accelerate time-to-value [25]. - Varonis expanded its platform capabilities through strategic acquisitions, including Cyral for database activity monitoring and SlashNext for AI-based email security [35]. - The platform continuously discovers and classifies sensitive data, using machine learning to identify novel data types [31]. - Varonis's approach focuses on reducing unnecessary access to sensitive data, which is essential for limiting the impact of security incidents [28]. - The platform includes capabilities such as Data Security Posture Management, Data Access Intelligence, and User & Entity Behavior Analytics, providing real-time visibility and automated risk reduction [59][61]. - Varonis invests in research and development to enhance the platform's capabilities, focusing on automation and adapting to evolving data environments and threat models [77][79]. - Incorporation of machine learning and AI solutions is becoming increasingly important, with competition and regulatory challenges in this area [172]. Market and Economic Conditions - The International Data Corporation predicts data will grow at a compound annual growth rate of 25.4%, reaching over 527 zettabytes by 2029, with unstructured data accounting for approximately 90% of this growth [39]. - The market for software that analyzes, secures, governs, manages, and migrates enterprise data may not continue to grow at the same pace, which could materially adversely impact the company's results of operations [92]. - Prolonged economic uncertainties or downturns could lead to decreased business investments, negatively affecting corporate spending on enterprise software [93]. - Economic turmoil in Europe has caused budgetary tightening and longer sales cycles, which may negatively impact the company's results of operations [94]. - A downturn in leading industries may cause enterprises to reduce spending on IT, delaying or canceling IT projects, which could disproportionately affect the company's revenues [95]. - Overall economic uncertainty may lead to risks such as reduced economic activity, not meeting key performance metrics, and increased bad debt reserves [96]. Customer Retention and Revenue - The renewal rate for Varonis for the year ended December 31, 2025, was over 90%, indicating strong customer retention [43]. - The renewal rate for maintenance and support related to term license subscriptions is over 90% for 2025, although revenues are expected to decline as the company transitions to a SaaS model [70]. - The company plans to end on-premises subscriptions by December 31, 2026, expecting customers to adopt the SaaS platform as the primary engagement method [64]. - Future growth depends on expanding sales to existing customers and increasing the customer base, particularly those with high lifetime values [137]. - The company relies on channel partners for sales, which accounted for substantially all revenues in 2024 and 2025 [139]. - Renewal rate for customer agreements has remained over 90% for the years ended December 31, 2025, 2024, and 2023 [165]. Competition and Market Risks - Increased competition in the data security market is driven by regulatory demands and the rising sophistication of cyber threats, intensifying the competitive landscape [98]. - The company faces competition from both established players and emerging innovators, which may lead to price cuts and longer sales cycles [100]. - Security breaches and cyberattacks pose significant risks to the company's reputation and competitive position, especially with the increase in remote work [110]. - The company anticipates an increase in hacking attempts and cyberattacks as it expands its client base and brand, which may compromise its security systems [112]. - The company may face increased costs and reduced demand for its products due to privacy and personal information security concerns among customers [109]. Financial Performance and Risks - The company incurred net losses of $129.3 million, $95.8 million, and $100.9 million for the years ended December 31, 2025, 2024, and 2023, respectively [138]. - Approximately 71% and 73% of total revenues for the years ended December 31, 2025, and 2024, respectively, were derived from sales in the United States [142]. - The company expects operating expenses to increase as it hires additional personnel and expands distribution channels [138]. - The company faces risks associated with international operations, including compliance with foreign laws and potential economic sanctions [142][145]. - The company is subject to collection and credit risks, which could impact operating results due to significant bankruptcies among customers and resellers [151]. - The company has $460.0 million outstanding aggregate principal amount of the 2029 Notes as of December 31, 2025, which may limit its ability to borrow additional funds [194]. Regulatory and Compliance Challenges - Compliance with evolving privacy and data protection laws may require significant operational changes and costs, with non-compliance potentially resulting in substantial fines [107]. - The company must comply with public sector contracting laws, which may impose added costs and affect revenue from government contracts [156]. - The adoption of the One Big Beautiful Bill Act (OBBBA) may have an adverse impact on the company's future effective tax rate and cash paid for income taxes [190]. Corporate Governance and Shareholder Matters - The company does not intend to pay dividends on its common stock, limiting returns to stock price appreciation [215]. - Anti-takeover provisions may hinder beneficial acquisitions and depress the trading price of the company's common stock and Notes [216]. - The company is authorizing "blank check" preferred stock, which can be issued without stockholder approval and may have superior rights compared to common stock, potentially increasing outstanding shares and complicating takeover attempts [218]. - A classified board of directors has been established, allowing members to be dismissed only for cause [218]. - There is a prohibition on actions by written consent of stockholders, limiting shareholder influence [218]. - The company has implemented limitations on who may call a special meeting of stockholders, further controlling shareholder engagement [218].

Were you affected by investment losses in VRNS common stock between February 4, 2025, and October 28, 2025? Affected Investor Losses Summary Varonis Systems, Inc. securities class action filed Purchasers or acquirers of Varonis Systems, Inc. (NASDAQ: VRNS) common stock Seeking recovery of investment losses for material misstatements and/or omissions (as alleged) from February 4, 2025 through October 28, 2025 Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) can assist at no cost to investor RADNOR, Pa., ...

Key Takeaways VRNS posted Q4 2025 EPS of 8 cents, beating estimates by 166.7%, while revenues rose year over year.Varonis saw SaaS revenues jump 97.1% year over year, making up more than 82% of total quarterly revenues.Varonis reported total ARR of $745.4M, up 16.1% year over year, led by strong SaaS ARR growth.Varonis Systems (VRNS) came out with fourth-quarter 2025 earnings of 8 cents per share, beating the Zacks Consensus Estimate by 166.7%. This compares with earnings of 18 cents per share a year ago.VR ...