VARONIS SYSTEMS INC (VRNS) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: April 29, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 4.56% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
120M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

VRNS currently has 116M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 4.56% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Apr 29, 2026

10-Q filing | 115.8M shares outstanding

120M 0
Jul 30, 2025

10-Q filing | 112.1M shares outstanding

110M 0
May 07, 2025

10-Q filing | 112.7M shares outstanding

110M 0
Feb 06, 2025

10-K filing | 111.7M shares outstanding

110M 0
Oct 31, 2024

10-Q filing | 112.3M shares outstanding

110M 0
Jul 30, 2024

10-Q filing | 111.9M shares outstanding

110M 0
May 07, 2024

10-Q filing | 110.0M shares outstanding

110M 0
Feb 06, 2024

10-K filing | 109.1M shares outstanding

110M 0
Oct 31, 2023

10-Q filing | 109.4M shares outstanding

110M 0
Aug 01, 2023

10-Q filing | 109.7M shares outstanding

110M 0
May 02, 2023

10-Q filing | 108.4M shares outstanding

110M 0
Feb 07, 2023

10-K filing | 109.3M shares outstanding

110M 0
Nov 01, 2022

10-Q filing | 110.0M shares outstanding

110M 0
Aug 02, 2022

10-Q filing | 109.7M shares outstanding

110M 0
May 03, 2022

10-Q filing | 108.2M shares outstanding

110M 0
Feb 08, 2022

10-K filing | 105.3M shares outstanding

110M 0
Nov 02, 2021

10-Q filing | 107.0M shares outstanding

110M 0
Aug 03, 2021

10-Q filing | 106.4M shares outstanding

110M 0
May 04, 2021

10-Q filing | 106.2M shares outstanding

110M 0
Mar 15, 2021
Stock Split

8-K filing: Stock split 3-for-1 | Outstanding: 31,726,906 → 95,180,718

95M 0
Mar 11, 2021
Stock Split

8-K filing: Stock split 3-for-1 | Outstanding: 31,832,751 → 95,498,253

95M 0
Feb 12, 2021

8-K filing: Varonis Systems, Inc. entered into an underwriting agreement for a public offering of 2,307,693 shares of common stock, with an option for the underwriters to purchase an additional 346,153 shares, which was exercised in full, at a price of $195.00 per share, with the offering expected to close on February 16, 2021. ($500.0M proceeds)

32M 0
Feb 09, 2021

10-K filing | 31.8M shares outstanding

32M 0
Oct 27, 2020

10-Q filing | 31.7M shares outstanding

32M 0
Aug 04, 2020

10-Q filing | 31.5M shares outstanding

32M 0
May 05, 2020

10-Q filing | 31.5M shares outstanding

31M 0
Feb 11, 2020

10-K filing | 29.6M shares outstanding

30M 0
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