Radware Ltd. (RDWR)

Radware Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	274.88	261.29	293.43	286.5	250.03
Revenue Growth (YoY)	5.20%	-10.95%	2.42%	14.59%	-0.81%
Cost of Revenue	53.25	51.71	53.88	52.45	45.08
Gross Profit	221.63	209.58	239.54	234.05	204.94
Selling, General & Admin	151.49	159.77	156.32	141.73	131.94
Research & Development	74.72	82.62	86.56	74.1	66.84
Operating Expenses	226.22	242.39	242.88	215.83	198.78
Operating Income	-4.59	-32.81	-3.34	18.23	6.17
Interest & Investment Income	13.12	11.38	5.14	4.13	5.92
Currency Exchange Gain (Loss)	-1.24	0.2	1.3	-1.82	-2.27
Other Non Operating Income (Expenses)	-0.24	-0.2	-0.21	-0.2	-0.19
EBT Excluding Unusual Items	7.06	-21.43	2.89	20.34	9.63
Gain (Loss) on Sale of Investments	4.9	2.54	1.82	2.29	4.34
Other Unusual Items	0.7	1.13	-	-	-
Pretax Income	12.67	-17.75	4.71	22.63	13.96
Income Tax Expense	6.63	3.84	4.88	14.82	4.33
Net Income	6.04	-21.59	-0.17	7.81	9.64
Net Income to Common	6.04	-21.59	-0.17	7.81	9.64
Net Income Growth	-	-	-	-18.94%	-57.30%
Shares Outstanding (Basic)	42	43	45	46	46
Shares Outstanding (Diluted)	43	43	45	48	48
Shares Change (YoY)	1.15%	-4.61%	-5.39%	-0.50%	-1.62%
EPS (Basic)	0.14	-0.50	-0.00	0.17	0.21
EPS (Diluted)	0.14	-0.50	-0.00	0.16	0.20
EPS Growth	-	-	-	-20.00%	-57.45%
Free Cash Flow	66.33	-8.93	23.33	66.17	55.19
Free Cash Flow Per Share	1.53	-0.21	0.52	1.39	1.16
Gross Margin	80.63%	80.21%	81.64%	81.69%	81.97%
Operating Margin	-1.67%	-12.56%	-1.14%	6.36%	2.47%
Profit Margin	2.20%	-8.26%	-0.06%	2.73%	3.85%
Free Cash Flow Margin	24.13%	-3.42%	7.95%	23.10%	22.07%
EBITDA	7.25	-20.56	8.35	26.56	16.73
EBITDA Margin	2.64%	-7.87%	2.85%	9.27%	6.69%
D&A For EBITDA	11.84	12.24	11.69	8.34	10.56
EBIT	-4.59	-32.81	-3.34	18.23	6.17
EBIT Margin	-1.67%	-12.56%	-1.14%	6.36%	2.47%
Effective Tax Rate	52.33%	-	103.52%	65.49%	30.99%
Revenue as Reported	274.88	261.29	293.43	286.5	250.03

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q