Radware Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	87.28	98.71	70.54	46.19	92.51	54.77
Short-Term Investments	153.8	177.07	260.05	251.86	195.38	255.72
Cash & Short-Term Investments	241.08	275.78	330.59	298.04	287.89	310.49
Cash Growth	-25.18%	-16.58%	10.92%	3.53%	-7.28%	74.48%
Receivables	44.73	16.82	20.27	17.75	13.19	16.85
Inventory	13.33	14.03	15.54	11.43	11.58	13.94
Other Current Assets	-	14.24	9.53	7.2	8.05	6.53
Total Current Assets	299.14	320.88	375.93	334.42	320.71	347.8
Property, Plant & Equipment	32.16	34.09	39	44.15	45.07	50.8
Long-Term Investments	216.12	146.05	35.3	136.06	180.39	140.71
Goodwill	68.01	68.01	68.01	68.01	41.14	41.14
Other Intangible Assets	8.77	11.75	15.72	19.69	10.73	12.59
Long-Term Deferred Charges	-	20.23	23.01	-	23.94	20.87
Other Long-Term Assets	37.3	17.68	14.96	41.27	13.39	9.36
Total Assets	661.5	618.68	571.92	643.59	635.37	623.27
Accounts Payable	5.63	5.58	4.3	6.46	4.31	3.88
Accrued Expenses	-	41.48	32.53	37.45	35.27	36.76
Current Portion of Leases	5.16	4.75	4.68	4.69	5.09	5.22
Current Income Taxes Payable	-	6.07	3.15	3.03	18.95	3.26
Current Unearned Revenue	107.53	106.3	105.01	108.24	99.92	92.13
Other Current Liabilities	59.91	4.28	5.34	4.17	2.34	2.49
Total Current Liabilities	178.22	168.47	155.02	164.04	165.89	143.75
Long-Term Leases	12.6	13.52	16.02	19.46	22.36	24.85
Long-Term Unearned Revenue	67.84	64.71	60.5	72.22	67.07	54.8
Other Long-Term Liabilities	13.13	14.9	17.11	19.43	10.07	11.41
Total Liabilities	271.79	261.6	248.64	275.15	265.38	234.8
Common Stock	0.76	0.75	0.74	0.73	0.73	0.72
Additional Paid-In Capital	571.6	555.15	529.21	498.17	471.17	443.02
Retained Earnings	140.07	125.85	119.81	141.4	141.57	133.76
Treasury Stock	-366.59	-366.59	-365.75	-303.3	-243.02	-190.55
Comprehensive Income & Other	2.58	1.1	0.08	-4.84	-0.46	1.52
Total Common Equity	348.42	316.27	284.09	332.16	369.99	388.46
Minority Interest	41.29	40.8	39.18	36.28	-	-
Shareholders' Equity	389.71	357.08	323.27	368.44	369.99	388.46
Total Liabilities & Equity	661.5	618.68	571.92	643.59	635.37	623.27
Total Debt	17.76	18.27	20.7	24.15	27.45	30.08
Net Cash (Debt)	288.97	287.04	343.02	364.05	358.66	347.25
Net Cash Growth	-13.80%	-16.32%	-5.78%	1.50%	3.28%	27.88%
Net Cash Per Share	6.51	6.62	8.00	8.10	7.55	7.27
Filing Date Shares Outstanding	42.83	42.69	41.79	43.82	45.25	45.53
Total Common Shares Outstanding	42.83	42.55	41.7	44.31	45.87	46.39
Working Capital	120.92	152.41	220.91	170.39	154.82	204.06
Book Value Per Share	8.13	7.43	6.81	7.50	8.07	8.37
Tangible Book Value	271.64	236.52	200.37	244.47	318.12	334.73
Tangible Book Value Per Share	6.34	5.56	4.81	5.52	6.93	7.22
Machinery	-	109.69	126.51	122.95	116.78	113.64
Leasehold Improvements	-	7.7	8.27	8.19	7.49	7.43

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