Varonis Systems (VRNS) vs WEX (WEX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
WEX (WEX) has outperformed Varonis Systems (VRNS) over the past year, gaining 8.0% versus a loss of 18.4%. Over five years, WEX leads with a -11.9% price change compared with -21.9% for VRNS. WEX is the larger company by market cap ($5.79 billion vs $5.62 billion), about 1.0 times the size, while Varonis Systems is growing revenue faster (+13.2% vs +1.2%).
On valuation, WEX trades at a lower forward P/E (8.0x vs 119.9x for Varonis Systems). WEX converts more of its revenue into profit, with a net margin of 11.4% 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 | VRNS | WEX |
|---|---|---|
| Share price | $48.96 | $169.96 |
| Market cap | $5.62B | $5.79B |
| 1-day change | -0.24% | -0.89% |
| YTD return | +49.27% | +14.08% |
| 1-year return | -18.37% | +7.99% |
| 5-year return | -21.94% | -11.90% |
| P/E ratio (TTM) | — | 17.10 |
| Forward P/E | 119.94 | 8.02 |
| EPS (TTM) | $-1.22 | $9.94 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $623.53M | $2.66B |
| Revenue growth (YoY) | +13.17% | +1.24% |
| Net income (latest FY) | $-129.32M | $304.10M |
| Gross margin | 78.83% | 58.64% |
| Operating margin | -23.50% | 24.95% |
| Net margin | -20.74% | 11.43% |
| 52-week high | $63.90 | $203.99 |
| 52-week low | $19.70 | $125.29 |
| Distance from 52-week high | -23.38% | -16.68% |
| Analyst consensus | none | buy |
| Avg. price target upside | +4.82% | +14.94% |
| Average volume | 1.75M | 646.52K |
| Shares outstanding | 114.86M | 34.08M |
| Employees | 2,658 | 6,600 |
| Sector | Technology | Consumer Discretionary |
| Industry | Computer Software: Prepackaged Software | Business Services |
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
- WEX has outperformed VRNS by 26.4 percentage points over the past year.
- WEX is more profitable, keeping 11.4 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 +1.24%).
- The two companies sit in different sectors: Varonis Systems in Technology and WEX in Consumer Discretionary.
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
About WEX
WEX stock →WEX Inc. operates a commerce platform in the United States and internationally.
Consumer Discretionary · Business Services · 6,600 employees
VRNS vs WEX FAQ
Which is bigger, Varonis Systems or WEX?
WEX (WEX) is larger, with a market capitalization of $5.79B compared with $5.62B for Varonis Systems (VRNS).
Which stock has performed better over the past year, VRNS or WEX?
WEX returned +7.99% over the past 12 months, compared with -18.37% for VRNS (price return, excluding dividends). Past performance does not predict future results.
Are Varonis Systems and WEX in the same industry?
No. Varonis Systems is in the Technology sector, while WEX is in Consumer Discretionary.