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Side-by-side financial comparison of COASTAL FINANCIAL CORP (CCB) and VARONIS SYSTEMS INC (VRNS). Click either name above to swap in a different company.
VARONIS SYSTEMS INC is the larger business by last-quarter revenue ($173.1M vs $138.0M, roughly 1.3× COASTAL FINANCIAL CORP). On growth, VARONIS SYSTEMS INC posted the faster year-over-year revenue change (26.9% vs -5.8%). COASTAL FINANCIAL CORP produced more free cash flow last quarter ($246.1M vs $49.0M). Over the past eight quarters, VARONIS SYSTEMS INC's revenue compounded faster (15.2% CAGR vs -3.6%).
Fidelity National Financial, Inc., is an American provider of title insurance and settlement services to the real estate and mortgage industries. A Fortune 500 company, Fidelity National Financial generated approximately $8.469 billion in annual revenue in 2019 from its title and real estate-related operations. The company was the first instance of an attorney licensed by a Native American Tribe being certified as "authorized house counsel" in the state of Florida.
Varonis Systems, Inc. is a software company based in Miami, Florida with R&D offices in Herzliya, Israel. The company’s Data Security Platform analyzes data and data activity using the insights to identify data exposure risks stemming from access permissions and software-as-a-service (SaaS) app configurations, triggering automated remediation capabilities in response.
CCB vs VRNS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $138.0M | $173.1M |
| Net Profit | — | — |
| Gross Margin | — | 76.0% |
| Operating Margin | 12.4% | -1.7% |
| Net Margin | — | — |
| Revenue YoY | -5.8% | 26.9% |
| Net Profit YoY | — | — |
| EPS (diluted) | $0.84 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $173.1M | ||
| Q4 25 | $138.0M | $173.4M | ||
| Q3 25 | $144.7M | $161.6M | ||
| Q2 25 | $119.4M | $152.2M | ||
| Q1 25 | $139.5M | $136.4M | ||
| Q4 24 | $146.5M | $158.5M | ||
| Q3 24 | $151.1M | $148.1M | ||
| Q2 24 | $135.3M | $130.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-27.8M | ||
| Q3 25 | $13.6M | $-29.9M | ||
| Q2 25 | $11.0M | $-35.8M | ||
| Q1 25 | $9.7M | $-35.8M | ||
| Q4 24 | — | $-13.0M | ||
| Q3 24 | $13.5M | $-18.3M | ||
| Q2 24 | $11.6M | $-23.9M |
| Q1 26 | — | 76.0% | ||
| Q4 25 | — | 78.9% | ||
| Q3 25 | — | 78.2% | ||
| Q2 25 | — | 79.5% | ||
| Q1 25 | — | 78.7% | ||
| Q4 24 | — | 83.6% | ||
| Q3 24 | — | 83.8% | ||
| Q2 24 | — | 82.8% |
| Q1 26 | — | -1.7% | ||
| Q4 25 | 12.4% | -17.5% | ||
| Q3 25 | 12.4% | -22.2% | ||
| Q2 25 | 12.0% | -24.0% | ||
| Q1 25 | 8.4% | -32.1% | ||
| Q4 24 | 11.7% | -11.1% | ||
| Q3 24 | 10.8% | -16.0% | ||
| Q2 24 | 11.1% | -22.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | -16.0% | ||
| Q3 25 | 9.4% | -18.5% | ||
| Q2 25 | 9.2% | -23.5% | ||
| Q1 25 | 7.0% | -26.2% | ||
| Q4 24 | — | -8.2% | ||
| Q3 24 | 8.9% | -12.4% | ||
| Q2 24 | 8.6% | -18.4% |
| Q1 26 | — | — | ||
| Q4 25 | $0.84 | $-0.23 | ||
| Q3 25 | $0.88 | $-0.26 | ||
| Q2 25 | $0.71 | $-0.32 | ||
| Q1 25 | $0.63 | $-0.32 | ||
| Q4 24 | $0.95 | $-0.12 | ||
| Q3 24 | $0.97 | $-0.16 | ||
| Q2 24 | $0.84 | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $179.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $491.0M | $453.5M |
| Total Assets | $4.7B | $1.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $179.3M | ||
| Q4 25 | — | $883.7M | ||
| Q3 25 | — | $671.3M | ||
| Q2 25 | — | $770.9M | ||
| Q1 25 | — | $567.6M | ||
| Q4 24 | — | $529.0M | ||
| Q3 24 | — | $844.8M | ||
| Q2 24 | — | $582.5M |
| Q1 26 | — | $453.5M | ||
| Q4 25 | $491.0M | $598.7M | ||
| Q3 25 | $475.3M | $604.8M | ||
| Q2 25 | $461.7M | $341.5M | ||
| Q1 25 | $449.9M | $367.7M | ||
| Q4 24 | $438.7M | $455.7M | ||
| Q3 24 | $331.9M | $428.6M | ||
| Q2 24 | $316.7M | $458.6M |
| Q1 26 | — | $1.6B | ||
| Q4 25 | $4.7B | $1.8B | ||
| Q3 25 | $4.6B | $1.7B | ||
| Q2 25 | $4.5B | $1.6B | ||
| Q1 25 | $4.3B | $1.6B | ||
| Q4 24 | $4.1B | $1.7B | ||
| Q3 24 | $4.1B | $1.5B | ||
| Q2 24 | $4.0B | $1.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $254.6M | $55.0M |
| Free Cash FlowOCF − Capex | $246.1M | $49.0M |
| FCF MarginFCF / Revenue | 178.3% | 28.3% |
| Capex IntensityCapex / Revenue | 6.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $436.4M | $118.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $55.0M | ||
| Q4 25 | $254.6M | $24.7M | ||
| Q3 25 | $59.0M | $33.4M | ||
| Q2 25 | $66.0M | $21.3M | ||
| Q1 25 | $71.7M | $68.0M | ||
| Q4 24 | $259.8M | $24.3M | ||
| Q3 24 | $62.6M | $22.5M | ||
| Q2 24 | $72.1M | $11.7M |
| Q1 26 | — | $49.0M | ||
| Q4 25 | $246.1M | $20.7M | ||
| Q3 25 | $57.4M | $30.4M | ||
| Q2 25 | $64.0M | $18.0M | ||
| Q1 25 | $68.9M | $65.7M | ||
| Q4 24 | $249.9M | $19.9M | ||
| Q3 24 | $60.2M | $21.3M | ||
| Q2 24 | $69.5M | $10.9M |
| Q1 26 | — | 28.3% | ||
| Q4 25 | 178.3% | 12.0% | ||
| Q3 25 | 39.7% | 18.8% | ||
| Q2 25 | 53.6% | 11.8% | ||
| Q1 25 | 49.4% | 48.1% | ||
| Q4 24 | 170.6% | 12.6% | ||
| Q3 24 | 39.8% | 14.4% | ||
| Q2 24 | 51.3% | 8.4% |
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | 2.3% | ||
| Q3 25 | 1.2% | 1.8% | ||
| Q2 25 | 1.7% | 2.2% | ||
| Q1 25 | 2.0% | 1.7% | ||
| Q4 24 | 6.8% | 2.7% | ||
| Q3 24 | 1.6% | 0.8% | ||
| Q2 24 | 1.9% | 0.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 4.34× | — | ||
| Q2 25 | 5.99× | — | ||
| Q1 25 | 7.37× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.65× | — | ||
| Q2 24 | 6.22× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CCB
| Other | $74.7M | 54% |
| Baa S Credit Enhancements | $47.3M | 34% |
| Baa S Program Income | $8.4M | 6% |
| Transaction Fees | $4.9M | 4% |
| Servicing And Other Baa S Fees | $1.6M | 1% |
| Baa S Fraud Enhancements | $1.1M | 1% |
VRNS
| SaaS | $161.1M | 93% |
| Term license subscriptions | $6.9M | 4% |
| Maintenance and services | $5.2M | 3% |
