Box (BOX) vs Varonis Systems (VRNS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Box (BOX) has outperformed Varonis Systems (VRNS) over the past year, gaining 8.9% versus a loss of 18.4%. Over five years, BOX leads with a +35.2% price change compared with -21.9% for VRNS. Varonis Systems is the larger company by market cap ($5.62 billion vs $4.90 billion), about 1.1 times the size.
On valuation, Box trades at a lower forward P/E (20.6x vs 119.9x for Varonis Systems). Box converts more of its revenue into profit, with a net margin of 9.8% versus -20.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | BOX | VRNS |
|---|---|---|
| Share price | $35.70 | $48.96 |
| Market cap | $4.90B | $5.62B |
| 1-day change | +1.22% | -0.24% |
| YTD return | +19.36% | +49.27% |
| 1-year return | +8.91% | -18.37% |
| 5-year return | +35.23% | -21.94% |
| P/E ratio (TTM) | 51.74 | — |
| Forward P/E | 20.56 | 119.94 |
| EPS (TTM) | $0.69 | $-1.22 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.18B | $623.53M |
| Revenue growth (YoY) | +7.99% | +13.17% |
| Net income (latest FY) | $115.38M | $-129.32M |
| Gross margin | 79.22% | 78.83% |
| Operating margin | 7.07% | -23.50% |
| Net margin | 9.80% | -20.74% |
| 52-week high | $36.34 | $63.90 |
| 52-week low | $21.34 | $19.70 |
| Distance from 52-week high | -1.76% | -23.38% |
| Analyst consensus | none | none |
| Avg. price target upside | +8.43% | +4.82% |
| Average volume | 2.90M | 1.76M |
| Shares outstanding | 137.20M | 114.86M |
| Employees | 2,912 | 2,658 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- BOX has outperformed VRNS by 27.3 percentage points over the past year.
- Box is more profitable, keeping 9.8 cents of every revenue dollar as net income versus -20.7 cents for Varonis Systems.
- Varonis Systems grew revenue faster in its latest fiscal year (+13.17% vs +7.99%).
About Box
BOX stock →Box, Inc. provides a cloud content management platform that enables organizations of various sizes to manage cloud content from anywhere and on any device in Poland, Australia, Canada, the European Union, France, Israel, Japan, Singapore, Switzerland, the United Kingdom, and the United States.
Technology · Computer Software: Prepackaged Software · 2,912 employees
About Varonis Systems
VRNS stock →Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of worlds.
Technology · Computer Software: Prepackaged Software · 2,658 employees
BOX vs VRNS FAQ
Which is bigger, Box or Varonis Systems?
Varonis Systems (VRNS) is larger, with a market capitalization of $5.62B compared with $4.90B for Box (BOX).
Which stock has performed better over the past year, BOX or VRNS?
BOX returned +8.91% over the past 12 months, compared with -18.37% for VRNS (price return, excluding dividends). Past performance does not predict future results.
Are Box and Varonis Systems in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.