Open Text Corporation (OTEX) vs Varonis Systems, Inc. (VRNS)

A side-by-side comparison of Open Text Corporation and Varonis Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — OTEX vs VRNS

growth of $100 · dividends reinvested · last 10y
OTEX -11.8% (-1.2%/yr)VRNS +378.6% (+16.9%/yr)VRNS compounded faster over this window
Log scale — wide-divergence pair
101001kStart $10020182020202220242026$88$479
OTEX VRNS

OTEX vs VRNS: by the numbers

  • •VRNS is the larger company ($5.63B vs $5.49B market cap).
  • •OTEX is profitable (12.26% net margin) while VRNS runs a net loss (-20.55%).
  • •VRNS grew revenue faster over the past five years (15.48% vs 8.38% CAGR).
  • •OTEX pays a dividend (4.84% yield), while VRNS has no payments in the available dividend history.

Metrics side by side

Valuation

MetricOTEXVRNS
Forward P/E5.95328.23
P/S ratioN/A8.18
P/B ratio1.3712.67
FCF yieldN/A2.17%

Profitability

MetricOTEXVRNS
Gross margin73.74%77.07%
Operating margin20.64%-21.99%
Net margin12.26%-20.55%
ROE16.02%-31.81%
ROIC7.71%-14.43%

Dividends

MetricOTEXVRNS
Dividend yield4.84%N/A

Growth (annualized)

MetricOTEXVRNS
Revenue CAGR (5Y)8.38%15.48%
EPS CAGR (5Y)16.94%N/A
FCF CAGR (5Y)-0.12%71.26%
Total return CAGR (5Y)-11.52%-4.91%

Frequently asked

Which has grown faster, OTEX or VRNS?
Over the past five years, VRNS grew revenue faster — OTEX at a 8.38% CAGR versus VRNS at 15.48%.
Does OTEX or VRNS pay a bigger dividend?
OTEX pays a dividend (4.84% yield), while VRNS has no payments in the available dividend history.
Is OTEX or VRNS more profitable?
OTEX runs the higher net margin — OTEX at 12.26% versus VRNS at -20.55%.
How have OTEX and VRNS total returns compared?
Over the past 10 years, OTEX delivered -1.26% and VRNS delivered 16.95% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.