Varonis Q3 2026 revenue rises to $189.5 million; GAAP net loss widens to $41.6 million
Varonis reported third-quarter 2026 results with total revenues of $189.5 million, up from $161.6 million a year earlier, while its GAAP net loss widened to $41.6 million, or $0.36 per share, from $29.9 million, or $0.26 per share. Because of the pending acquisition by Proofpoint, a Thoma Bravo portfolio company, Varonis will not provide forward-looking guidance or hold an earnings call, which leaves shareholders without an updated outlook.
Key points
- Total revenues were $189.5 million versus $161.6 million in Q3 2025; SaaS revenues were $185.1 million versus $125.8 million.
- GAAP operating loss was $47.7 million versus $35.9 million a year earlier; non-GAAP operating income was $7.6 million versus $0.2 million.
- Nine-month free cash flow was $94.8 million, down from $111.6 million; cash and investments totaled $937.8 million at September 30, 2026.
- The merger agreement is dated October 15, 2026, and no forward-looking guidance will be provided.
The filing
Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.