$VRNS Income Statement | Understand Stock

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$VRNS

$33.28 -$0.23 (0.69%)

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Income Statement Balance Sheet Cashflow Statement

Income Statement

Concept	2025	2024	2023	2022	2021
Revenue	$623.5M 13.17% YoY	$551.0M 10.38% YoY	$499.2M 5.39% YoY	$473.6M 21.4% YoY	$390.1M 33.29% YoY
Cost Of Revenue	$132.0M 40.63% YoY	$93.85M 30.8% YoY	$71.75M 2.74% YoY	$69.84M 17.57% YoY	$59.40M 34.2% YoY
Gross Profit	$491.6M 7.54% YoY	$457.1M 6.95% YoY	$427.4M 5.85% YoY	$403.8M 22.09% YoY	$330.7M 33.13% YoY
Selling, General & Admin	$400.3M 5.89% YoY	$378.0M 4.77% YoY	$360.8M 3.93% YoY	$347.1M 19.07% YoY	$291.5M 28.16% YoY
Research & Development	$237.8M 20.86% YoY	$196.8M 7.03% YoY	$183.8M 3.35% YoY	$177.9M 29.01% YoY	$137.9M 38.77% YoY
Depreciation & Amortization	$12.31M 10.63% YoY	$11.13M -4.93% YoY	$11.70M -3.88% YoY	$12.18M 11.83% YoY	$10.89M 7.09% YoY
Operating Expenses	$638.1M 11.02% YoY	$574.8M 5.53% YoY	$544.6M 3.73% YoY	$525.0M 22.26% YoY	$429.4M 31.39% YoY
Operating Profit	-$146.5M 24.53% YoY	-$117.7M 0.37% YoY	-$117.2M -3.3% YoY	-$121.2M 22.83% YoY	-$98.69M 25.86% YoY
Interest Expense	$30.99M -12.72% YoY	$35.50M 17.15% YoY	$30.31M 177.82% YoY	$10.91M -194.25% YoY	-$11.57M 60.74% YoY
Other Income/Expense, Net	$30.19M -12.84% YoY	$34.64M 14.32% YoY	$30.31M 191.03% YoY	$10.41M -185.74% YoY	-$12.15M 62.3% YoY
Pretax Income	-$116.3M 40.13% YoY	-$83.01M -4.5% YoY	-$86.92M -21.56% YoY	-$110.8M -0.02% YoY	-$110.8M 29.04% YoY
Income Tax	$13.00M 1.93% YoY	$12.76M -8.86% YoY	$14.00M 2.15% YoY	$13.70M 127.55% YoY	$6.022M -25.76% YoY
Net Earnings	-$129.3M 35.04% YoY	-$95.77M -5.1% YoY	-$100.9M -18.95% YoY	-$124.5M 6.55% YoY	-$116.9M 24.31% YoY
Basic Earnings Per Share	-$1.13 31.4% YoY	-$0.86 -6.52% YoY	-$0.92 -19.3% YoY	-$1.14 2.7% YoY	-$1.11 11.0% YoY
Diluted Earnings Per Share	-$1.13 31.4% YoY	-$0.86 -6.52% YoY	-$0.92 -19.3% YoY	-$1.14 2.7% YoY	-$1.11 11.0% YoY
COMMON SHARES	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	114.4M shares 2.47% YoY	111.7M shares 2.31% YoY	109.1M shares -0.13% YoY	109.3M shares 3.78% YoY	105.3M shares 11.63% YoY
Diluted Shares Outstanding	114.4M shares 2.47% YoY	111.7M shares 2.31% YoY	109.1M shares -0.13% YoY	109.3M shares 3.78% YoY	105.3M shares 11.63% YoY

Concept	2026 Q1	2025 Q4	2025 Q3	2025 Q2	2025 Q1	2024 Q4	2024 Q3	2024 Q2	2024 Q1	2023 Q4	2023 Q3	2023 Q2	2023 Q1	2022 Q4	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3
Revenue	$173.1M 26.9% YoY	$173.4M 9.37% YoY	$161.6M 9.12% YoY	$152.2M 16.74% YoY	$136.4M 19.65% YoY	$158.5M 2.87% YoY	$148.1M 21.06% YoY	$130.3M 12.93% YoY	$114.0M 6.23% YoY	$154.1M 8.05% YoY	$122.3M -0.81% YoY	$115.4M 3.56% YoY	$107.3M 11.5% YoY	$142.6M 12.67% YoY	$123.3M 22.87% YoY	$111.4M 26.05% YoY	$96.26M 28.72% YoY	$126.6M 32.96% YoY	$100.4M 30.75% YoY
Cost Of Revenue	$41.57M 43.26% YoY	$36.56M 40.31% YoY	$35.15M 46.41% YoY	$31.25M 39.28% YoY	$29.02M 35.92% YoY	$26.06M 34.67% YoY	$24.01M 38.12% YoY	$22.44M 29.05% YoY	$21.35M 21.05% YoY	$19.35M 13.61% YoY	$17.38M 1.06% YoY	$17.39M -2.32% YoY	$17.64M -0.97% YoY	$17.03M -2.0% YoY	$17.20M 19.95% YoY	$17.80M 25.34% YoY	$17.81M 32.09% YoY	$17.38M 39.47% YoY	$14.34M 27.06% YoY
Gross Profit	$131.6M 22.49% YoY	$136.8M 3.29% YoY	$126.4M 1.91% YoY	$120.9M 12.05% YoY	$107.4M 15.9% YoY	$132.5M -1.7% YoY	$124.1M 18.24% YoY	$107.9M 10.08% YoY	$92.67M 3.32% YoY	$134.8M 7.3% YoY	$104.9M -1.11% YoY	$98.03M 4.68% YoY	$89.70M 14.33% YoY	$125.6M 15.01% YoY	$106.1M 23.36% YoY	$93.65M 26.18% YoY	$78.45M 27.97% YoY	$109.2M 31.98% YoY	$86.02M 31.39% YoY
Selling, General & Admin	$106.3M 9.61% YoY	$102.5M 3.0% YoY	$99.63M 5.71% YoY	$101.2M 10.26% YoY	$96.96M 4.85% YoY	$99.47M 8.29% YoY	$94.24M 5.59% YoY	$91.80M 0.22% YoY	$92.48M 4.99% YoY	$91.85M 1.42% YoY	$89.26M 2.34% YoY	$91.60M 6.02% YoY	$88.08M 6.17% YoY	$90.56M 4.23% YoY	$87.21M 24.19% YoY	$86.40M 25.01% YoY	$82.97M 27.02% YoY	$86.89M 40.15% YoY	$70.23M 22.67% YoY
Research & Development	$69.76M 28.69% YoY	$64.62M 27.84% YoY	$62.74M 17.36% YoY	$56.25M 25.18% YoY	$54.21M 13.35% YoY	$50.55M 5.27% YoY	$53.46M 19.28% YoY	$44.93M -2.62% YoY	$47.83M 6.92% YoY	$48.02M 6.66% YoY	$44.82M 0.76% YoY	$46.14M 2.97% YoY	$44.73M 2.67% YoY	$45.02M 12.14% YoY	$44.48M 29.51% YoY	$44.82M 34.45% YoY	$43.57M 44.93% YoY	$40.14M 43.68% YoY	$34.34M 39.21% YoY
Depreciation & Amortization	$4.354M 79.99% YoY	$4.345M 68.22% YoY	$2.976M 7.2% YoY	$2.569M -10.11% YoY	$2.419M -16.84% YoY	$2.583M -12.82% YoY	$2.776M -5.26% YoY	$2.858M -1.99% YoY	$2.909M 0.62% YoY	$2.963M -26.86% YoY	$2.930M -0.61% YoY	$2.916M 16.73% YoY	$2.891M 7.91% YoY	$4.051M 54.8% YoY	$2.948M 4.72% YoY	$2.498M -19.58% YoY	$2.679M 14.05% YoY	$2.617M 1.43% YoY	$2.815M -9.49% YoY
Operating Expenses	$176.0M 16.45% YoY	$167.1M 11.37% YoY	$162.4M 9.93% YoY	$157.5M 15.16% YoY	$151.2M 7.74% YoY	$150.0M 7.15% YoY	$147.7M 10.16% YoY	$136.7M -0.73% YoY	$140.3M 5.64% YoY	$140.0M 3.26% YoY	$134.1M 1.81% YoY	$137.7M 4.98% YoY	$132.8M 4.96% YoY	$135.6M 6.73% YoY	$131.7M 25.94% YoY	$131.2M 28.08% YoY	$126.5M 32.67% YoY	$127.0M 41.24% YoY	$104.6M 27.65% YoY
Operating Profit	-$44.48M 1.63% YoY	-$30.26M 72.41% YoY	-$35.93M 52.01% YoY	-$36.55M 26.8% YoY	-$43.77M -8.12% YoY	-$17.55M 234.71% YoY	-$23.64M -18.89% YoY	-$28.83M -27.42% YoY	-$47.63M 10.48% YoY	-$5.244M -47.52% YoY	-$29.15M 13.94% YoY	-$39.72M 5.72% YoY	-$43.12M -10.33% YoY	-$9.993M -43.96% YoY	-$25.58M 37.87% YoY	-$37.57M 33.07% YoY	-$48.09M 41.12% YoY	-$17.83M 147.68% YoY	-$18.56M 12.78% YoY
Interest Expense	$4.446M -62.8% YoY	$5.470M -28.07% YoY	$7.806M -23.81% YoY	$4.967M -39.79% YoY	$11.95M 39.86% YoY	$7.605M 39.98% YoY	$10.25M 19.13% YoY	$8.249M -2.55% YoY	$8.545M 9.93% YoY	$5.433M 27.24% YoY	$8.600M 253.76% YoY	$8.465M 184.44% YoY	$7.773M 956.11% YoY	$4.270M -204.48% YoY	$2.431M -175.17% YoY	$2.976M -178.27% YoY	$736.0K -172.16% YoY	-$4.087M -9.98% YoY	-$3.234M 26.82% YoY
Other Income/Expense, Net	$4.446M -62.8% YoY	N/A	$7.806M -23.81% YoY	$4.967M -39.79% YoY	$11.95M 39.86% YoY	N/A	$10.25M 18.66% YoY	$8.249M -2.55% YoY	$8.545M 9.93% YoY	N/A	$8.634M 255.16% YoY	$8.465M 184.44% YoY	$7.773M 956.11% YoY	N/A	$2.431M -175.17% YoY	$2.976M -178.27% YoY	$736.0K -172.02% YoY	N/A	-$3.234M 26.67% YoY
Pretax Income	-$40.04M 25.84% YoY	-$24.79M 149.24% YoY	-$28.13M 109.99% YoY	-$31.59M 53.5% YoY	-$31.82M -18.61% YoY	-$9.947M -5362.96% YoY	-$13.40M -34.7% YoY	-$20.58M -34.16% YoY	-$39.09M 10.6% YoY	$189.0K -103.3% YoY	-$20.51M -11.39% YoY	-$31.25M -9.66% YoY	-$35.34M -25.36% YoY	-$5.723M -73.89% YoY	-$23.15M 6.25% YoY	-$34.59M 7.99% YoY	-$47.35M 34.91% YoY	-$21.92M 86.71% YoY	-$21.79M 14.65% YoY
Income Tax	-$3.181M -180.17% YoY	$2.983M -2.1% YoY	$1.814M -63.26% YoY	$4.239M 25.75% YoY	$3.968M 183.02% YoY	$3.047M 180.31% YoY	$4.938M 97.2% YoY	$3.371M -54.73% YoY	$1.402M -52.65% YoY	$1.087M -78.37% YoY	$2.504M -55.01% YoY	$7.446M 338.52% YoY	$2.961M 109.41% YoY	$5.025M 66.23% YoY	$5.566M 264.98% YoY	$1.698M 85.57% YoY	$1.414M 152.95% YoY	$3.023M -58.59% YoY	$1.525M 593.18% YoY
Net Earnings	-$36.85M 2.99% YoY	-$27.78M 113.75% YoY	-$29.94M 63.32% YoY	-$35.82M 49.59% YoY	-$35.78M -11.63% YoY	-$12.99M 1346.99% YoY	-$18.33M -20.35% YoY	-$23.95M -38.11% YoY	-$40.49M 5.71% YoY	-$898.0K -91.64% YoY	-$23.02M -19.85% YoY	-$38.70M 6.63% YoY	-$38.30M -21.45% YoY	-$10.75M -56.91% YoY	-$28.72M 23.17% YoY	-$36.29M 10.14% YoY	-$48.76M 36.76% YoY	-$24.94M 31.07% YoY	-$23.31M 21.27% YoY
Basic Earnings Per Share	-$0.32 0.0% YoY	N/A	-$0.26 62.5% YoY	-$0.32 52.38% YoY	-$0.32 -13.51% YoY	N/A	-$0.16 -23.81% YoY	-$0.21 -40.0% YoY	-$0.37 5.71% YoY	N/A	-$0.21 -19.23% YoY	-$0.35 6.06% YoY	-$0.35 -22.22% YoY	N/A	-$0.26 18.18% YoY	-$0.33 6.45% YoY	-$0.45 25.0% YoY	N/A	-$0.22 10.0% YoY
Diluted Earnings Per Share	-$0.32 0.0% YoY	-$0.24 103.9% YoY	-$0.26 61.24% YoY	-$0.32 52.38% YoY	-$0.32 -13.51% YoY	-$0.12 1301.7% YoY	-$0.16 -22.24% YoY	-$0.21 -40.45% YoY	-$0.37 5.71% YoY	-$0.01 -91.63% YoY	-$0.21 -19.23% YoY	-$0.35 6.85% YoY	-$0.35 -22.22% YoY	-$0.10 -100.0% YoY	-$0.26 18.18% YoY	-$0.33 6.45% YoY	-$0.45 25.0% YoY	-$232.2K 16.29% YoY	-$0.22 10.0% YoY
COMMON SHARES	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Basic Shares Outstanding	117.4M shares 4.35% YoY	117.9M shares 4.82% YoY	112.0M shares -0.12% YoY	111.9M shares 0.38% YoY	112.6M shares 3.16% YoY	112.5M shares 3.23% YoY	112.2M shares 2.31% YoY	111.5M shares 1.63% YoY	109.1M shares 1.38% YoY	109.0M shares -1.15% YoY	109.6M shares -0.22% YoY	109.7M shares 0.03% YoY	107.6M shares -0.54% YoY	110.2M shares 2.7% YoY	109.9M shares 2.67% YoY	109.7M shares 3.08% YoY	108.2M shares 7.94% YoY	107.3M shares 238.27% YoY	107.0M shares 12.85% YoY
Diluted Shares Outstanding	115.8M shares 2.78% YoY	N/A	115.0M shares 2.41% YoY	112.1M shares 0.15% YoY	112.7M shares 2.42% YoY	N/A	112.3M shares 2.59% YoY	111.9M shares 1.95% YoY	110.0M shares 1.48% YoY	N/A	109.4M shares -0.52% YoY	109.7M shares 0.06% YoY	108.4M shares 0.17% YoY	N/A	110.0M shares 2.77% YoY	109.7M shares 3.08% YoY	108.2M shares 7.94% YoY	N/A	107.0M shares 12.85% YoY

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