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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Varonis Systems's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was $105.2 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $408.5 Mil.
Varonis Systems (NAS:VRNS) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Varonis Systems Selling, General, & Admin. Expense Related Terms
Varonis Systems Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Varonis Systems's Selling, General, & Admin. Expense 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.
Varonis Systems Selling, General, & Admin. Expense Chart
VRNS vs RELY, ZETA, WEX: Selling, General, & Admin. Expense Comparison
For the Software - Infrastructure subindustry, Varonis Systems's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Software Industry
For the Software industry and Technology sector, Varonis Systems's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Varonis Systems's Selling, General, & Admin. Expense falls into.
Varonis Systems Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $408.5 Mil.
* 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.
What does a Selling, General, & Admin. Expense of $408.5 Mil mean?
Varonis Systems (VRNS) has a Selling, General, & Admin. Expense of $408.5 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Varonis Systems and its competitors.
Is Varonis Systems' Selling, General, & Admin. Expense too high?
Varonis Systems' current Selling, General, & Admin. Expense is $408.5 Mil. Overall, Varonis Systems has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varonis Systems' Selling, General, & Admin. Expense compare to RELY and ZETA?
Varonis Systems' Selling, General, & Admin. Expense of $408.5 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Software company?
A good Selling, General, & Admin. Expense depends on the Software industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Varonis Systems and its competitors. Varonis Systems's current Selling, General, & Admin. Expense is $408.5 Mil. 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 (VRNS) is currently considered Modestly Undervalued. The stock's GF Value™ is $54.79, compared to a current price of $47.00 — trading 14.2% below its estimated fair value. The current Selling, General, & Admin. Expense is $408.5 Mil. Varonis Systems' overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Varonis Systems (VRNS), the current Selling, General, & Admin. Expense is $408.5 Mil 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 (VRNS) Overvalued in 2026?
Based on GuruFocus' analysis, Varonis Systems stock appears to be undervalued.
The current stock price of $47.00 is trading 14.2% below its estimated GF Value™ of $54.79.
GuruFocus considers Varonis Systems to be Modestly Undervalued.
Key valuation signals for VRNS:
Selling, General, & Admin. Expense: $408.5 Mil
GF Value™: $54.79 vs. price of $47.00 (14.2% below fair value)
No single metric tells the full story. See the VRNS 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.
75GF Score
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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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