Company research / RDWR

Radware Ltd (RDWR)

SEC name RADWARE LTD · CIK 0001094366 · Nasdaq · Services-Business Services, NEC

  • Sector Services
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, Radware Ltd reported revenue of $301.85M. Revenue grew 9.8% from the prior annual period.

Key ratios (year ended 2025-12-31)

80.7%
Gross margin
3.8%
Operating margin
6.7%
Net margin
5.8%
Return on year-end equity
9.8%
Revenue growth (YoY)

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Latest selected filing: Form 6-K (current report) · 2026-10-07

Headquarters locality: Tel Aviv / Mahwah · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Stock splits: 2-for-1, first reflected in a filing dated 2014-03-31. Figures are as filed: per-share figures and share counts last reported before a split are on the old share basis, so changes and growth rates across a split are not shown. Splits are read from the filings' own restatements, so a share conversion in a merger or reorganization shows up the same way.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$301.85M$274.88M$261.29M$293.43M$286.50M$250.03M$252.07M$234.40M$211.37M$196.59M
Cost of Revenue$58.34M$53.25M$51.71M$53.88M$52.45M$45.08M$45.17M$41.67M$39.62M$35.70M
Gross Profit$243.51M$221.63M$209.58M$239.54M$234.05M$204.94M$206.90M$192.73M$171.75M$160.89M
R&D Expense$78.98M$74.72M$82.62M$86.56M$74.10M$66.84M$61.84M$57.67M$59.00M$51.73M
Operating Income$11.41M-$3.89M-$31.68M-$3.34M$18.23M$6.17M$16.92M$7.52M-$6.67M-$12.75M
Depreciation & Amortization$11.68M$11.84M$12.24M$11.69M$10.20M$10.56M$11.28M$9.78M$11.23M$10.37M
EBITDA$23.09M$7.95M-$19.44M$8.35M$28.42M$16.73M$28.20M$17.31M$4.56M-$2.38M
Net Income$20.26M$6.04M-$21.59M-$166.0K$7.81M$9.64M$22.57M$11.73M-$7.49M-$8.66M
EPS (Diluted)$0.45$0.14-$0.50$0.00$0.16$0.20$0.47$0.25-$0.17-$0.20
Total Assets$671.16M$618.68M$571.92M$643.59M$635.37M$623.26M$595.20M$532.72M$471.41M$430.34M
Shareholders' Equity$349.36M$316.27M$284.09M$332.16M$369.99M$388.46M$395.33M$363.96M$315.36M$299.76M
Cash & Equivalents$105.08M$98.71M$70.54M$46.19M$92.51M$54.77M$40.75M$45.20M$65.24M$79.64M
Operating Cash Flow$50.09M$71.61M-$3.50M$32.15M$71.77M$63.87M$52.85M$49.25M$31.46M$38.48M
Capital Expenditures$8.54M$5.28M$5.43M$8.81M$5.60M$8.67M$8.15M$8.87M$7.21M$9.40M
Free Cash Flow$41.55M$66.33M-$8.93M$23.33M$66.17M$55.19M$44.70M$40.38M$24.25M$29.08M
Share Repurchases$10.49M$839.0K$63.23M$59.49M$52.47M$45.33M$24.51M$4.28M$413.0K$21.98M
Shares Outstanding43.15M42.55M41.70M44.31M45.87M46.39M46.99M46.35M44.13M43.19M
Weighted Average Diluted Shares44.70M43.36M42.87M44.94M47.50M47.74M48.52M47.69M43.48M43.87M
EPS (Basic)$0.47$0.14-$0.50$0.00$0.17$0.21$0.48$0.26-$0.17-$0.20

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