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Varonis reports Q3 2026 revenue growth to $189.5M but posts a GAAP operating loss amid SaaS transition.

Company Fundamentals
03 Nov 2026, 23:05 WIB
GlobeNewsWire
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Neutral
Varonis reports Q3 2026 revenue growth to $189.5M but posts a GAAP operating loss amid SaaS transition.

Varonis Systems announced Q3 2026 revenues of $189.5 million, up from $161.6 million a year earlier, driven by a 47% increase in SaaS revenues to $185.1 million. Despite revenue growth, the company reported a GAAP operating loss of $47.7 million, wider than the prior year's loss, due to ongoing investments and transition from term licenses to SaaS. Non-GAAP operating income improved to $7.6 million, reflecting operational progress. Varonis holds $937.8 million in cash and securities and is not providing future guidance due to its pending acquisition by Proofpoint.

Varonis Systems' Q3 2026 financial results provide context for readers interested in technology companies. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 04, 2026 03:41 WIB: out of 150 priced US tech stocks, 94 rose and 53 fell. Notable movers include AXTI at USD 52.12 with a 1-day change of +8.13%, SHOP at USD 143.56 down -8.10%, and VERI at USD 0.56 down -7.99%.

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