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Side-by-side financial comparison of VARONIS SYSTEMS INC (VRNS) and Westrock Coffee Co (WEST). Click either name above to swap in a different company.
Westrock Coffee Co is the larger business by last-quarter revenue ($339.5M vs $173.1M, roughly 2.0× VARONIS SYSTEMS INC). On growth, Westrock Coffee Co posted the faster year-over-year revenue change (48.3% vs 26.9%). VARONIS SYSTEMS INC produced more free cash flow last quarter ($49.0M vs $27.8M). Over the past eight quarters, Westrock Coffee Co's revenue compounded faster (32.8% CAGR vs 15.2%).
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.
Westrock Coffee Co is a global integrated coffee, tea and functional beverage solutions provider. It sources, roasts, manufactures and distributes coffee products, ready-to-drink beverages and custom formulations for retail, foodservice and commercial clients across North America and other key markets.
VRNS vs WEST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $173.1M | $339.5M |
| Net Profit | — | $-22.6M |
| Gross Margin | 76.0% | 11.5% |
| Operating Margin | -1.7% | -2.6% |
| Net Margin | — | -6.6% |
| Revenue YoY | 26.9% | 48.3% |
| Net Profit YoY | — | 8.3% |
| EPS (diluted) | — | $-0.22 |
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 | $173.4M | $339.5M | ||
| Q3 25 | $161.6M | $354.8M | ||
| Q2 25 | $152.2M | $280.9M | ||
| Q1 25 | $136.4M | $213.8M | ||
| Q4 24 | $158.5M | $229.0M | ||
| Q3 24 | $148.1M | $220.9M | ||
| Q2 24 | $130.3M | $208.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-27.8M | $-22.6M | ||
| Q3 25 | $-29.9M | $-19.1M | ||
| Q2 25 | $-35.8M | $-21.6M | ||
| Q1 25 | $-35.8M | $-27.2M | ||
| Q4 24 | $-13.0M | $-24.6M | ||
| Q3 24 | $-18.3M | $-14.3M | ||
| Q2 24 | $-23.9M | $-17.8M |
| Q1 26 | 76.0% | — | ||
| Q4 25 | 78.9% | 11.5% | ||
| Q3 25 | 78.2% | 11.7% | ||
| Q2 25 | 79.5% | 14.7% | ||
| Q1 25 | 78.7% | 13.6% | ||
| Q4 24 | 83.6% | 16.6% | ||
| Q3 24 | 83.8% | 16.8% | ||
| Q2 24 | 82.8% | 19.9% |
| Q1 26 | -1.7% | — | ||
| Q4 25 | -17.5% | -2.6% | ||
| Q3 25 | -22.2% | -2.4% | ||
| Q2 25 | -24.0% | -5.3% | ||
| Q1 25 | -32.1% | -6.1% | ||
| Q4 24 | -11.1% | -4.3% | ||
| Q3 24 | -16.0% | -5.8% | ||
| Q2 24 | -22.1% | -7.9% |
| Q1 26 | — | — | ||
| Q4 25 | -16.0% | -6.6% | ||
| Q3 25 | -18.5% | -5.4% | ||
| Q2 25 | -23.5% | -7.7% | ||
| Q1 25 | -26.2% | -12.7% | ||
| Q4 24 | -8.2% | -10.7% | ||
| Q3 24 | -12.4% | -6.5% | ||
| Q2 24 | -18.4% | -8.5% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.23 | $-0.22 | ||
| Q3 25 | $-0.26 | $-0.20 | ||
| Q2 25 | $-0.32 | $-0.23 | ||
| Q1 25 | $-0.32 | $-0.29 | ||
| Q4 24 | $-0.12 | $-0.26 | ||
| Q3 24 | $-0.16 | $-0.16 | ||
| Q2 24 | $-0.21 | $-0.20 |
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 | $49.9M |
| Total DebtLower is stronger | — | $444.1M |
| Stockholders' EquityBook value | $453.5M | $-1.9M |
| Total Assets | $1.6B | $1.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $179.3M | — | ||
| Q4 25 | $883.7M | $49.9M | ||
| Q3 25 | $671.3M | $34.0M | ||
| Q2 25 | $770.9M | $44.0M | ||
| Q1 25 | $567.6M | $33.1M | ||
| Q4 24 | $529.0M | $26.2M | ||
| Q3 24 | $844.8M | $22.4M | ||
| Q2 24 | $582.5M | $24.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $444.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $393.1M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $453.5M | — | ||
| Q4 25 | $598.7M | $-1.9M | ||
| Q3 25 | $604.8M | $11.4M | ||
| Q2 25 | $341.5M | $18.2M | ||
| Q1 25 | $367.7M | $71.4M | ||
| Q4 24 | $455.7M | $97.5M | ||
| Q3 24 | $428.6M | $110.3M | ||
| Q2 24 | $458.6M | $81.5M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.7B | $1.2B | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $1.6B | $1.1B | ||
| Q4 24 | $1.7B | $1.1B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.03× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $55.0M | $36.7M |
| Free Cash FlowOCF − Capex | $49.0M | $27.8M |
| FCF MarginFCF / Revenue | 28.3% | 8.2% |
| Capex IntensityCapex / Revenue | — | 2.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $118.2M | $-107.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $55.0M | — | ||
| Q4 25 | $24.7M | $36.7M | ||
| Q3 25 | $33.4M | $-26.6M | ||
| Q2 25 | $21.3M | $-7.0M | ||
| Q1 25 | $68.0M | $-22.1M | ||
| Q4 24 | $24.3M | $2.8M | ||
| Q3 24 | $22.5M | $-332.0K | ||
| Q2 24 | $11.7M | $-23.7M |
| Q1 26 | $49.0M | — | ||
| Q4 25 | $20.7M | $27.8M | ||
| Q3 25 | $30.4M | $-44.7M | ||
| Q2 25 | $18.0M | $-27.5M | ||
| Q1 25 | $65.7M | $-63.4M | ||
| Q4 24 | $19.9M | $-15.4M | ||
| Q3 24 | $21.3M | $-36.7M | ||
| Q2 24 | $10.9M | $-59.9M |
| Q1 26 | 28.3% | — | ||
| Q4 25 | 12.0% | 8.2% | ||
| Q3 25 | 18.8% | -12.6% | ||
| Q2 25 | 11.8% | -9.8% | ||
| Q1 25 | 48.1% | -29.7% | ||
| Q4 24 | 12.6% | -6.7% | ||
| Q3 24 | 14.4% | -16.6% | ||
| Q2 24 | 8.4% | -28.7% |
| Q1 26 | — | — | ||
| Q4 25 | 2.3% | 2.6% | ||
| Q3 25 | 1.8% | 5.1% | ||
| Q2 25 | 2.2% | 7.3% | ||
| Q1 25 | 1.7% | 19.3% | ||
| Q4 24 | 2.7% | 7.9% | ||
| Q3 24 | 0.8% | 16.5% | ||
| Q2 24 | 0.6% | 17.4% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
VRNS
| SaaS | $161.1M | 93% |
| Term license subscriptions | $6.9M | 4% |
| Maintenance and services | $5.2M | 3% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
