VARONIS SYSTEMS, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | 90.6% | -15.0% | -16.7% |
| FY2016 | 90.5% | -7.2% | -8.6% |
| FY2017 | 90.4% | -6.2% | -6.4% |
| FY2018 | 89.8% | -10.8% | -10.6% |
| FY2019 | 86.2% | -29.9% | -31.0% |
| FY2020 | 84.9% | -26.8% | -32.1% |
| FY2021 | 84.8% | -25.3% | -30.0% |
| FY2022 | 85.3% | -25.6% | -26.3% |
| FY2023 | 85.6% | -23.5% | -20.2% |
| FY2024 | 83.0% | -21.4% | -17.4% |