EBITDA Margin % is calculated as EBITDA divided by its Revenue. Varonis Systems's EBITDA for the
three
months ended in Mar. 2026 was €-34.7 Mil. Varonis Systems's Revenue for the
three
months ended in Mar. 2026 was €149.8 Mil. Therefore, Varonis Systems's EBITDA margin for the quarter that ended in Mar. 2026 was -23.18%.
Varonis Systems (STU:VS2) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Varonis Systems EBITDA Margin % Related Terms
Varonis Systems EBITDA Margin % Historical Data
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The historical data trend for Varonis Systems's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STU:VS2 vs QLYS, BOX, CLBT: EBITDA Margin % Comparison
For the Software - Infrastructure subindustry, Varonis Systems's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Varonis Systems EBITDA Margin % vs Software Industry
For the Software industry and Technology sector, Varonis Systems's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Varonis Systems's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Varonis Systems (STU:VS2) has a EBITDA Margin % of -23.18% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Varonis Systems and its competitors. According to the industry distribution chart, Varonis Systems ranks #2216 out of 2820 companies in the Software industry, placing it in the top 78.6%.
Is Varonis Systems' EBITDA Margin % too high?
Varonis Systems' current EBITDA Margin % is -23.18%. Based on the distribution chart, Varonis Systems ranks #2216 out of 2820 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Varonis Systems has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varonis Systems' EBITDA Margin % compare to QLYS and BOX?
According to the Software industry distribution chart, Varonis Systems ranks #2216 out of 2820 companies for EBITDA Margin %. This places Varonis Systems in the lower half of its industry. The industry median EBITDA Margin % is 8.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Software company?
The median EBITDA Margin % among Software companies is 8.07, based on 2,820 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Varonis Systems and its competitors. For the Software industry, the median EBITDA Margin % is 8.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varonis Systems's current EBITDA Margin % is -23.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varonis Systems stock overvalued right now?
Based on GuruFocus' analysis, Varonis Systems (STU:VS2) is currently considered Modestly Undervalued. The stock's GF Value™ is €47.73, compared to a current price of €35.31 — trading 26% below its estimated fair value. The current EBITDA Margin % is -23.18%. Varonis Systems' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Varonis Systems (STU:VS2), the current EBITDA Margin % is -23.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Varonis Systems (STU:VS2) Overvalued in 2026?
Based on GuruFocus' analysis, Varonis Systems stock appears to be undervalued.
The current stock price of €35.31 is trading 26% below its estimated GF Value™ of €47.73.
GuruFocus considers Varonis Systems to be Modestly Undervalued.
Key valuation signals for STU:VS2:
EBITDA Margin %: -23.18%
GF Value™: €47.73 vs. price of €35.31 (26% below fair value)
No single metric tells the full story. See the STU:VS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
73GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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