Qualys (QLYS) vs Varonis Systems (VRNS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Qualys (QLYS) has outperformed Varonis Systems (VRNS) over the past year, gaining 50.0% versus a loss of 22.8%. Over five years, QLYS leads with a +69.5% price change compared with -22.1% for VRNS. Qualys is the larger company by market cap ($6.71 billion vs $5.61 billion), about 1.2 times the size, while Varonis Systems is growing revenue faster (+13.2% vs +10.1%).
On valuation, Qualys trades at a lower forward P/E (22.9x vs 119.7x for Varonis Systems). Qualys converts more of its revenue into profit, with a net margin of 29.6% 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 | QLYS | VRNS |
|---|---|---|
| Share price | $193.86 | $48.88 |
| Market cap | $6.71B | $5.61B |
| 1-day change | -0.46% | -0.16% |
| YTD return | +45.87% | +49.02% |
| 1-year return | +50.01% | -22.79% |
| 5-year return | +69.53% | -22.07% |
| P/E ratio (TTM) | 33.77 | — |
| Forward P/E | 22.94 | 119.75 |
| EPS (TTM) | $5.74 | $-1.22 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $669.13M | $623.53M |
| Revenue growth (YoY) | +10.13% | +13.17% |
| Net income (latest FY) | $198.32M | $-129.32M |
| Gross margin | 82.85% | 78.83% |
| Operating margin | 33.17% | -23.50% |
| Net margin | 29.64% | -20.74% |
| 52-week high | $204.41 | $63.90 |
| 52-week low | $74.51 | $19.70 |
| Distance from 52-week high | -5.16% | -23.51% |
| Analyst consensus | hold | none |
| Avg. price target upside | -7.48% | +4.99% |
| Average volume | 728.39K | 1.76M |
| Shares outstanding | 34.60M | 114.86M |
| Employees | 2,718 | 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
- QLYS has outperformed VRNS by 72.8 percentage points over the past year.
- Qualys is more profitable, keeping 29.6 cents of every revenue dollar as net income versus -20.7 cents for Varonis Systems.
About Qualys
QLYS stock →Qualys, Inc. provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally.
Technology · Computer Software: Prepackaged Software · 2,718 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
QLYS vs VRNS FAQ
Which is bigger, Qualys or Varonis Systems?
Qualys (QLYS) is larger, with a market capitalization of $6.71B compared with $5.61B for Varonis Systems (VRNS).
Which stock has performed better over the past year, QLYS or VRNS?
QLYS returned +50.01% over the past 12 months, compared with -22.79% for VRNS (price return, excluding dividends). Past performance does not predict future results.
Are Qualys and Varonis Systems in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.