• Varonis Systems average net profit margin for 2023 was -22.65%, a 23.94% decline from 2022.
• Varonis Systems average net profit margin for 2022 was -29.78%, a 4.06% decline from 2021.
• Varonis Systems average net profit margin for 2021 was -31.04%, a 6.25% decline from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.