• Varonis Systems average gross margin for 2023 was 86%, a 1.45% decline from 2022.
• Varonis Systems average gross margin for 2022 was 84.77%, a 0.2% increase from 2021.
• Varonis Systems average gross margin for 2021 was 84.6%, a 0.01% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.