Varonis Systems, Inc.

NasdaqGS:VRNS Stock Report

Market Cap: US$5.0b

Varonis Systems Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Yaki Faitelson

Chief executive officer

US$14.1m

Total compensation

CEO salary percentage4.0%
CEO tenure21yrs
CEO ownership0.6%
Management average tenure6.8yrs
Board average tenure9.9yrs

Recent management updates

Recent updates

Varonis Systems, Inc.'s (NASDAQ:VRNS) Intrinsic Value Is Potentially 62% Above Its Share Price

Dec 31
Varonis Systems, Inc.'s (NASDAQ:VRNS) Intrinsic Value Is Potentially 62% Above Its Share Price

Varonis Systems: Price Drop Is An Attractive Entry Point As Fundamentals Remain Strong

Dec 15

Is Now The Time To Look At Buying Varonis Systems, Inc. (NASDAQ:VRNS)?

Dec 05
Is Now The Time To Look At Buying Varonis Systems, Inc. (NASDAQ:VRNS)?

Varonis Systems: 3 Factors That Make It A Buy

Oct 11

Varonis Systems, Inc.'s (NASDAQ:VRNS) Intrinsic Value Is Potentially 25% Below Its Share Price

Sep 23
Varonis Systems, Inc.'s (NASDAQ:VRNS) Intrinsic Value Is Potentially 25% Below Its Share Price

Varonis Systems, Inc.'s (NASDAQ:VRNS) Share Price Not Quite Adding Up

Aug 18
Varonis Systems, Inc.'s (NASDAQ:VRNS) Share Price Not Quite Adding Up

Varonis Systems: Firing On All Cylinders

Jul 31

Is It Too Late To Consider Buying Varonis Systems, Inc. (NASDAQ:VRNS)?

Jul 29
Is It Too Late To Consider Buying Varonis Systems, Inc. (NASDAQ:VRNS)?

Is Varonis Systems (NASDAQ:VRNS) Using Too Much Debt?

Jul 11
Is Varonis Systems (NASDAQ:VRNS) Using Too Much Debt?

Calculating The Fair Value Of Varonis Systems, Inc. (NASDAQ:VRNS)

May 31
Calculating The Fair Value Of Varonis Systems, Inc. (NASDAQ:VRNS)

Varonis Systems: SaaS Transition Going Well

May 29

When Should You Buy Varonis Systems, Inc. (NASDAQ:VRNS)?

Apr 24
When Should You Buy Varonis Systems, Inc. (NASDAQ:VRNS)?

Investor Optimism Abounds Varonis Systems, Inc. (NASDAQ:VRNS) But Growth Is Lacking

Apr 06
Investor Optimism Abounds Varonis Systems, Inc. (NASDAQ:VRNS) But Growth Is Lacking

Health Check: How Prudently Does Varonis Systems (NASDAQ:VRNS) Use Debt?

Mar 19
Health Check: How Prudently Does Varonis Systems (NASDAQ:VRNS) Use Debt?

Varonis Systems: Solid Outlook For The Business

Feb 19

Is Varonis Systems, Inc. (NASDAQ:VRNS) Trading At A 26% Discount?

Feb 09
Is Varonis Systems, Inc. (NASDAQ:VRNS) Trading At A 26% Discount?

Varonis: Still Strong Demand Due To Secular Growth Drivers

Feb 08

Is Now The Time To Look At Buying Varonis Systems, Inc. (NASDAQ:VRNS)?

Jan 22
Is Now The Time To Look At Buying Varonis Systems, Inc. (NASDAQ:VRNS)?

Varonis Systems, Inc.'s (NASDAQ:VRNS) Business Is Trailing The Industry But Its Shares Aren't

Jan 04
Varonis Systems, Inc.'s (NASDAQ:VRNS) Business Is Trailing The Industry But Its Shares Aren't

CEO Compensation Analysis

How has Yaki Faitelson's remuneration changed compared to Varonis Systems's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$84m

Jun 30 2024n/an/a

-US$88m

Mar 31 2024n/an/a

-US$103m

Dec 31 2023US$14mUS$560k

-US$101m

Sep 30 2023n/an/a

-US$111m

Jun 30 2023n/an/a

-US$116m

Mar 31 2023n/an/a

-US$114m

Dec 31 2022US$10mUS$560k

-US$125m

Sep 30 2022n/an/a

-US$139m

Jun 30 2022n/an/a

-US$133m

Mar 31 2022n/an/a

-US$130m

Dec 31 2021US$10mUS$560k

-US$117m

Sep 30 2021n/an/a

-US$111m

Jun 30 2021n/an/a

-US$107m

Mar 31 2021n/an/a

-US$98m

Dec 31 2020US$6mUS$532k

-US$94m

Sep 30 2020n/an/a

-US$90m

Jun 30 2020n/an/a

-US$87m

Mar 31 2020n/an/a

-US$88m

Dec 31 2019US$8mUS$560k

-US$79m

Sep 30 2019n/an/a

-US$58m

Jun 30 2019n/an/a

-US$48m

Mar 31 2019n/an/a

-US$36m

Dec 31 2018US$9mUS$560k

-US$29m

Compensation vs Market: Yaki 's total compensation ($USD14.11M) is above average for companies of similar size in the US market ($USD7.89M).

Compensation vs Earnings: Yaki 's compensation has increased whilst the company is unprofitable.

CEO

Yaki Faitelson (49 yo)

21yrs

Tenure

US$14,112,979

Compensation

Mr. Yakov Faitelson, also known as Yaki, Co-founded Varonis Systems, Inc. in 2004 and has been its Chairman, Chief Executive Officer and President since 2004. Mr. Faitelson is responsible for leading the m...

Leadership Team

NamePositionTenureCompensationOwnership
Yakov Faitelson
Co-Founder21yrsUS$14.11m0.55%
$ 27.7m
Ohad Korkus
Co-Founder & Director21yrsUS$227.51k0.094%
$ 4.7m
Guy Melamed
CFO & COO7.8yrsUS$5.55m0.15%
$ 7.4m
David Bass
Executive VP of Engineering & CTO6.8yrsUS$5.87m0.30%
$ 15.0m
Dov Gottlieb
VP, General Counsel & Corporate Secretary3.8yrsUS$3.41m0.031%
$ 1.5m
James O'Boyle
Vice Chairman of Sales19yrsUS$4.36m0.25%
$ 12.7m
Gilad Raz
Chief Information Officer & VP of Technical Services9.9yrsUS$4.66mno data
Tim Perz
Director of Investor Relations3yrsno datano data
Rob Sobers
Chief Marketing Officer2.9yrsno datano data
Dana Shahar-Gara
Chief Human Resources Officer6.7yrsno datano data
David Gibson
Senior Vice President of Strategic Programs2.9yrsno datano data
Brian Vecci
Field C.T.Ono datano datano data

6.8yrs

Average Tenure

48yo

Average Age

Experienced Management: VRNS's management team is seasoned and experienced (6.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Yakov Faitelson
Co-Founder21yrsUS$14.11m0.55%
$ 27.7m
Ohad Korkus
Co-Founder & Director17.1yrsUS$227.51k0.094%
$ 4.7m
Kevin Comolli
Independent Director20.1yrsUS$234.76k0.19%
$ 9.5m
Fred Van Den Bosch
Independent Director12yrsUS$231.01k0.11%
$ 5.4m
John Gavin
Lead Independent Director12yrsUS$266.01k0.22%
$ 11.2m
Thomas Mendoza
Independent Director9.6yrsUS$220.01k0.043%
$ 2.2m
Ofer Segev
Independent Director9.9yrsUS$227.51k0.060%
$ 3.0m
Rachel Prishkolnik
Independent Director3.7yrsUS$225.01k0.0081%
$ 404.3k
Avrohom Kess
Independent Director3yrsUS$227.76k0.013%
$ 666.1k
Gili Iohan
Independent Director7.8yrsUS$232.51k0.0098%
$ 488.2k
Carlos Aued
Independent Director3yrsUS$220.01k0.0057%
$ 284.8k

9.9yrs

Average Tenure

64yo

Average Age

Experienced Board: VRNS's board of directors are considered experienced (9.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 01:02
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Varonis Systems, Inc. is covered by 37 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shrenik KothariBaird
Ishan MajumdarBaptista Research
Saket KaliaBarclays