Radware Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	105.08	98.71	70.54	46.19	92.51
Short-Term Investments	152.18	177.07	260.05	251.86	195.38
Cash & Short-Term Investments	257.26	275.78	330.59	298.04	287.89
Cash Growth	-6.72%	-16.58%	10.92%	3.53%	-7.28%
Accounts Receivable	35.02	16.82	20.27	17.75	13.19
Other Receivables	11	-	-	-	-
Receivables	46.03	16.82	20.27	17.75	13.19
Inventory	13.22	14.03	15.54	11.43	11.58
Other Current Assets	-	14.24	9.53	7.2	8.05
Total Current Assets	316.51	320.88	375.93	334.42	320.71
Property, Plant & Equipment	32.08	34.09	39	44.15	45.07
Long-Term Investments	206.15	146.05	35.3	136.06	180.39
Goodwill	68.01	68.01	68.01	68.01	41.14
Other Intangible Assets	7.78	11.75	15.72	19.69	10.73
Long-Term Deferred Charges	-	20.23	23.01	-	23.94
Other Long-Term Assets	40.64	17.68	14.96	41.27	13.39
Total Assets	671.17	618.68	571.92	643.59	635.37
Accounts Payable	7.23	5.58	4.3	6.46	4.31
Accrued Expenses	-	41.48	32.53	37.45	35.27
Current Portion of Leases	5.05	4.75	4.68	4.69	5.09
Current Income Taxes Payable	-	6.07	3.15	3.03	18.95
Current Unearned Revenue	112.05	106.3	105.01	108.24	99.92
Other Current Liabilities	69.36	4.28	5.34	4.17	2.34
Total Current Liabilities	193.7	168.47	155.02	164.04	165.89
Long-Term Leases	11.97	13.52	16.02	19.46	22.36
Long-Term Unearned Revenue	65.76	64.71	60.5	72.22	67.07
Other Long-Term Liabilities	9.05	14.9	17.11	19.43	10.07
Total Liabilities	280.48	261.6	248.64	275.15	265.38
Common Stock	0.77	0.75	0.74	0.73	0.73
Additional Paid-In Capital	578.65	555.15	529.21	498.17	471.17
Retained Earnings	146.11	125.85	119.81	141.4	141.57
Treasury Stock	-377.56	-366.59	-365.75	-303.3	-243.02
Comprehensive Income & Other	1.39	1.1	0.08	-4.84	-0.46
Total Common Equity	349.36	316.27	284.09	332.16	369.99
Minority Interest	41.32	40.8	39.18	36.28	-
Shareholders' Equity	390.68	357.08	323.27	368.44	369.99
Total Liabilities & Equity	671.17	618.68	571.92	643.59	635.37
Total Debt	17.02	18.27	20.7	24.15	27.45
Net Cash (Debt)	311.64	287.04	343.02	364.05	358.66
Net Cash Growth	8.57%	-16.32%	-5.78%	1.50%	3.28%
Net Cash Per Share	6.97	6.62	8.00	8.10	7.55
Filing Date Shares Outstanding	43.28	42.69	41.79	43.82	45.25
Total Common Shares Outstanding	43.28	42.55	41.7	44.31	45.87
Working Capital	122.81	152.41	220.91	170.39	154.82
Book Value Per Share	8.07	7.43	6.81	7.50	8.07
Tangible Book Value	273.57	236.52	200.37	244.47	318.12
Tangible Book Value Per Share	6.32	5.56	4.81	5.52	6.93
Machinery	-	109.69	126.51	122.95	116.78
Leasehold Improvements	-	7.7	8.27	8.19	7.49

Source: S&P Global Market Intelligence. Standard template. Financial Sources.