Quick Answer
VARONIS SYSTEMS INC reported R&D Expense of $237.81 million for fiscal year 2025.
VARONIS SYSTEMS INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $237.81M | +20.9% |
| 2024 | $196.76M | +7.0% |
| 2023 | $183.84M | +3.3% |
| 2022 | $177.88M | +29.0% |
| 2021 | $137.88M | +38.8% |
| 2020 | $99.36M | +23.0% |
| 2019 | $80.76M | +15.4% |
| 2018 | $69.97M | +47.7% |
| 2017 | $47.37M | +29.2% |
| 2016 | $36.66M | +15.3% |
| 2015 | $31.79M | +13.2% |
| 2014 | $28.09M | +33.9% |
| 2013 | $20.97M | +39.5% |
| 2012 | $15.03M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $62.74M | +17.4% | +11.5% |
| June 30, 2025 | $56.25M | +25.2% | +3.8% |
| March 31, 2025 | $54.21M | +13.3% | +1.4% |
| September 30, 2024 | $53.46M | +19.3% | +19.0% |
| June 30, 2024 | $44.93M | -2.6% | -6.1% |
| March 31, 2024 | $47.83M | +6.9% | +6.7% |
| September 30, 2023 | $44.82M | +0.8% | -2.9% |
| June 30, 2023 | $46.14M | +3.0% | +3.2% |
- VARONIS SYSTEMS INC showed an increase of +20.9% in R&D Expense compared to the prior fiscal year.
- Over the 2012–2025 period, VARONIS SYSTEMS INC’s r&d expense has grown by 1481.8% (from $15.03 million to $237.81 million).
- The most recent figure is from VARONIS SYSTEMS INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 4, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: