• Varonis Systems average pre-tax profit margin for 2023 was -19.12%, a 30.62% decline from 2022.
• Varonis Systems average pre-tax profit margin for 2022 was -27.56%, a 3.8% decline from 2021.
• Varonis Systems average pre-tax profit margin for 2021 was -28.65%, a 10.55% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.