Varonis Cost Of Revenue vs Operating Income Analysis

VRNS Stock

USD 32.04 0.76 2.32%

Varonis Systems financial indicator trend analysis is much more than just breaking down Varonis Systems prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Varonis Systems is a good investment. Please check the relationship between Varonis Systems Cost Of Revenue and its Operating Income accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varonis Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.

Cost Of Revenue vs Operating Income

Cost Of Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Varonis Systems Cost Of Revenue account and Operating Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Varonis Systems' Cost Of Revenue and Operating Income is -0.87. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Operating Income in the same time period over historical financial statements of Varonis Systems, assuming nothing else is changed. The correlation between historical values of Varonis Systems' Cost Of Revenue and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Varonis Systems are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Cost Of Revenue i.e., Varonis Systems' Cost Of Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Cost Of Revenue

Cost of Revenue is found on Varonis Systems income statement and represents the costs associated with goods and services Varonis Systems provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Operating Income

Operating Income is the amount of profit realized from Varonis Systems operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Varonis Systems is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Varonis Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Varonis Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Varonis Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Varonis Stock please use our How to Invest in Varonis Systems guide.At this time, Varonis Systems' Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 15.4 M in 2026, whereas Enterprise Value Over EBITDA is likely to drop (82.19) in 2026.

	2023	2024	2025	2026 (projected)
Interest Expense	3.2M	8.3M	9.5M	10.0M
Depreciation And Amortization	11.7M	11.1M	12.8M	7.5M

Interest Expense Depreciation And Amortization

Varonis Systems fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Other Liab
Common Stock Shares Outstanding		0.82	0.76	0.72	0.86	0.87	0.77	0.39	-0.89	0.52	0.6	0.68	0.82	0.85	0.83	0.87	0.75	0.8	-0.2	0.79	0.87	0.77	0.76	0.87	0.86	-0.45
Total Assets	0.82		0.89	0.95	0.92	0.69	0.96	0.69	-0.95	0.74	0.52	0.94	0.95	0.9	0.98	0.96	0.9	0.98	-0.55	0.97	0.98	0.98	0.89	0.95	0.96	-0.54
Other Current Liab	0.76	0.89		0.93	0.71	0.59	0.95	0.85	-0.88	0.48	0.16	0.92	0.96	0.69	0.95	0.8	0.96	0.89	-0.58	0.81	0.85	0.93	0.91	0.78	0.81	-0.4
Total Current Liabilities	0.72	0.95	0.93		0.77	0.53	0.99	0.85	-0.87	0.71	0.27	0.99	0.95	0.73	0.97	0.84	0.9	0.94	-0.66	0.93	0.88	0.99	0.9	0.82	0.86	-0.43
Total Stockholder Equity	0.86	0.92	0.71	0.77		0.77	0.8	0.37	-0.92	0.73	0.74	0.74	0.8	0.98	0.87	0.99	0.79	0.87	-0.34	0.89	0.97	0.83	0.76	0.98	0.98	-0.51
Property Plant And Equipment Net	0.87	0.69	0.59	0.53	0.77		0.58	0.17	-0.8	0.38	0.73	0.5	0.7	0.81	0.65	0.75	0.54	0.72	0.08	0.66	0.76	0.62	0.67	0.79	0.74	-0.62
Current Deferred Revenue	0.77	0.96	0.95	0.99	0.8	0.58		0.83	-0.9	0.66	0.29	0.98	0.97	0.75	0.99	0.86	0.91	0.94	-0.61	0.94	0.9	0.98	0.94	0.84	0.88	-0.41
Net Debt	0.39	0.69	0.85	0.85	0.37	0.17	0.83		-0.6	0.39	-0.24	0.88	0.77	0.32	0.76	0.5	0.79	0.7	-0.8	0.63	0.56	0.8	0.75	0.45	0.52	-0.29
Retained Earnings	-0.89	-0.95	-0.88	-0.87	-0.92	-0.8	-0.9	-0.6		-0.59	-0.55	-0.86	-0.93	-0.91	-0.95	-0.96	-0.89	-0.95	0.46	-0.91	-0.98	-0.92	-0.89	-0.95	-0.96	0.59
Accounts Payable	0.52	0.74	0.48	0.71	0.73	0.38	0.66	0.39	-0.59		0.56	0.68	0.6	0.72	0.67	0.72	0.55	0.7	-0.41	0.75	0.7	0.71	0.49	0.73	0.73	-0.39
Cash	0.6	0.52	0.16	0.27	0.74	0.73	0.29	-0.24	-0.55	0.56		0.23	0.36	0.8	0.39	0.65	0.21	0.52	0.2	0.56	0.61	0.38	0.27	0.72	0.64	-0.48
Non Current Assets Total	0.68	0.94	0.92	0.99	0.74	0.5	0.98	0.88	-0.86	0.68	0.23		0.94	0.7	0.95	0.82	0.88	0.93	-0.7	0.92	0.86	0.98	0.91	0.79	0.83	-0.47
Non Currrent Assets Other	0.82	0.95	0.96	0.95	0.8	0.7	0.97	0.77	-0.93	0.6	0.36	0.94		0.8	0.97	0.87	0.91	0.96	-0.49	0.9	0.91	0.97	0.92	0.87	0.88	-0.49
Cash And Short Term Investments	0.85	0.9	0.69	0.73	0.98	0.81	0.75	0.32	-0.91	0.72	0.8	0.7	0.8		0.84	0.97	0.75	0.88	-0.28	0.86	0.95	0.81	0.7	0.99	0.96	-0.55
Net Receivables	0.83	0.98	0.95	0.97	0.87	0.65	0.99	0.76	-0.95	0.67	0.39	0.95	0.97	0.84		0.93	0.94	0.96	-0.57	0.95	0.96	0.98	0.93	0.91	0.94	-0.44
Common Stock Total Equity	0.87	0.96	0.8	0.84	0.99	0.75	0.86	0.5	-0.96	0.72	0.65	0.82	0.87	0.97	0.93		0.86	0.92	-0.44	0.92	0.99	0.89	0.83	0.99	1.0	-0.54
Short Term Investments	0.75	0.9	0.96	0.9	0.79	0.54	0.91	0.79	-0.89	0.55	0.21	0.88	0.91	0.75	0.94	0.86		0.87	-0.67	0.79	0.89	0.9	0.85	0.82	0.87	-0.39
Non Current Liabilities Total	0.8	0.98	0.89	0.94	0.87	0.72	0.94	0.7	-0.95	0.7	0.52	0.93	0.96	0.88	0.96	0.92	0.87		-0.52	0.95	0.95	0.98	0.87	0.93	0.93	-0.62
Inventory	-0.2	-0.55	-0.58	-0.66	-0.34	0.08	-0.61	-0.8	0.46	-0.41	0.2	-0.7	-0.49	-0.28	-0.57	-0.44	-0.67	-0.52		-0.48	-0.46	-0.61	-0.49	-0.36	-0.46	0.22
Other Current Assets	0.79	0.97	0.81	0.93	0.89	0.66	0.94	0.63	-0.91	0.75	0.56	0.92	0.9	0.86	0.95	0.92	0.79	0.95	-0.48		0.94	0.95	0.88	0.91	0.93	-0.5
Other Stockholder Equity	0.87	0.98	0.85	0.88	0.97	0.76	0.9	0.56	-0.98	0.7	0.61	0.86	0.91	0.95	0.96	0.99	0.89	0.95	-0.46	0.94		0.93	0.87	0.98	0.99	-0.54
Total Liab	0.77	0.98	0.93	0.99	0.83	0.62	0.98	0.8	-0.92	0.71	0.38	0.98	0.97	0.81	0.98	0.89	0.9	0.98	-0.61	0.95	0.93		0.91	0.88	0.9	-0.52
Property Plant And Equipment Gross	0.76	0.89	0.91	0.9	0.76	0.67	0.94	0.75	-0.89	0.49	0.27	0.91	0.92	0.7	0.93	0.83	0.85	0.87	-0.49	0.88	0.87	0.91		0.78	0.84	-0.49
Total Current Assets	0.87	0.95	0.78	0.82	0.98	0.79	0.84	0.45	-0.95	0.73	0.72	0.79	0.87	0.99	0.91	0.99	0.82	0.93	-0.36	0.91	0.98	0.88	0.78		0.98	-0.54
Common Stock	0.86	0.96	0.81	0.86	0.98	0.74	0.88	0.52	-0.96	0.73	0.64	0.83	0.88	0.96	0.94	1.0	0.87	0.93	-0.46	0.93	0.99	0.9	0.84	0.98		-0.54
Other Liab	-0.45	-0.54	-0.4	-0.43	-0.51	-0.62	-0.41	-0.29	0.59	-0.39	-0.48	-0.47	-0.49	-0.55	-0.44	-0.54	-0.39	-0.62	0.22	-0.5	-0.54	-0.52	-0.49	-0.54	-0.54

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Varonis Systems Account Relationship Matchups

Varonis Systems fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Common Stock Shares Outstanding	105.3M	109.3M	109.1M	111.7M	128.4M	91.7M
Total Assets	1.1B	1.0B	1.1B	1.7B	1.9B	2.0B
Other Current Liab	62K	105.4M	115.0M	154.1M	177.2M	186.1M
Total Current Liabilities	211.8M	228.7M	306.8M	709.9M	816.4M	857.2M
Total Stockholder Equity	596.6M	502.1M	489.6M	455.7M	524.0M	550.2M
Property Plant And Equipment Net	102.0M	95.8M	85.8M	76.4M	87.8M	46.5M
Current Deferred Revenue	104.2M	110.6M	181.0M	290.1M	333.6M	350.3M
Net Debt	(511.7M)	(51.3M)	81.1M	568.8M	654.1M	686.9M
Retained Earnings	(427.6M)	(543.5M)	(644.4M)	(740.2M)	(666.1M)	(632.8M)
Accounts Payable	5.3M	3.0M	672K	4.3M	5.0M	5.2M
Cash	805.8M	367.8M	230.7M	185.6M	213.4M	173.6M
Non Current Assets Total	149.3M	157.5M	358.4M	820.3M	943.4M	990.6M
Non Currrent Assets Other	19.8M	35.7M	37.2M	58.8M	67.7M	71.0M
Cash And Short Term Investments	807.6M	732.5M	533.7M	568.4M	653.7M	686.4M
Net Receivables	117.2M	143.2M	184.5M	236.6M	272.1M	285.7M
Short Term Investments	1.9M	364.7M	303.0M	382.8M	440.3M	462.3M
Liabilities And Stockholders Equity	1.1B	1.0B	1.1B	1.7B	1.9B	2.0B
Non Current Liabilities Total	300.2M	312.9M	307.5M	498.7M	573.5M	602.2M
Other Current Assets	34.4M	10.6M	27.2M	38.9M	44.7M	47.0M
Other Stockholder Equity	1.0B	1.1B	1.1B	1.2B	1.4B	1.4B
Total Liab	511.9M	541.6M	614.3M	1.2B	1.4B	1.5B
Property Plant And Equipment Gross	38.3M	39.0M	131.3M	127.7M	146.8M	154.2M
Total Current Assets	959.2M	886.3M	745.5M	843.9M	970.5M	1.0B
Accumulated Other Comprehensive Income	6.1M	(9.6M)	(8.6M)	2.7M	3.1M	3.2M
Other Liab	8.2M	5.8M	6.1M	6.3M	5.6M	7.2M
Other Assets	21.6M	19.8M	16.3M	34.1M	39.3M	41.2M
Property Plant Equipment	36.3M	37.2M	102.0M	39.0M	44.9M	26.9M
Net Tangible Assets	93.5M	94.1M	569.1M	502.1M	577.4M	606.3M
Long Term Debt	225.3M	249.0M	250.5M	450.2M	517.8M	543.7M
Retained Earnings Total Equity	(216.7M)	(310.7M)	(427.6M)	(543.5M)	(489.1M)	(464.7M)
Capital Surpluse	310.7M	395.4M	1.0B	1.1B	1.2B	1.3B
Non Current Liabilities Other	3.6M	63.9M	4.8M	3.5M	4.0M	3.8M
Net Invested Capital	821.9M	751.1M	740.1M	1.2B	1.3B	1.4B
Net Working Capital	747.4M	676.9M	460.4M	168.2M	193.4M	351.2M

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