Varonis Systems (VRNS) — Cash Flow Reinvestment Rate

Latest as of June 2026: 1.82x

Varonis Systems (VRNS) has a Cash Flow Reinvestment Rate of 1.82x as of June 2026, reinvesting $45.62 Million (capex $4.38 Million plus investments $41.24 Million) from operating cash flow of $25.08 Million. See VRNS FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.82x
(Capex + Investments) / Operating CF

Total Reinvested

$45.62 Million
Capex + Investments

Operating Cash Flow

$25.08 Million
USD

Capital Expenditures

$4.38 Million
USD

Varonis Systems Cash Flow Reinvestment Rate (2010–2025)

Historical reinvestment intensity for Varonis Systems across 12 annual periods. For the full cash flow conversion analysis, see Varonis Systems cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Varonis Systems (2010–2025)

Year-by-year capital reinvestment analysis for Varonis Systems. See how financially flexible is Varonis Systems to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.02x $150.83 Million $147.43 Million $12.63 Million ▼ -78.1%
2024 4.68x $538.95 Million $115.20 Million $6.69 Million ▼ -53.0%
2023 9.94x $590.81 Million $59.42 Million $5.10 Million ▼ -52.3%
2022 20.86x $247.67 Million $11.87 Million $11.40 Million ▲ +98.7%
2021 10.50x $75.36 Million $7.18 Million $10.49 Million ▲ +519.5%
2018 1.69x $39.90 Million $23.55 Million $9.58 Million ▲ +9.5%
2017 1.55x $25.32 Million $16.35 Million $5.31 Million ▼ -29.7%
2016 2.20x $16.17 Million $7.35 Million $3.83 Million ▼ -91.2%
2013 24.98x $1.35 Million $54.00K $1.35 Million ▲ +4603.1%
2012 0.53x $920.00K $1.73 Million $920.00K ▲ +21.1%
2011 0.44x $561.00K $1.28 Million $561.00K ▲ +4.1%
2010 0.42x $633.00K $1.50 Million $633.00K
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow