Radware Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	108.81	105.08	98.71	70.54	46.19	92.51
Short-Term Investments	143	15.9	72.99	260.05	251.86	195.38
Cash & Short-Term Investments	251.81	120.98	171.71	330.59	298.04	287.89
Cash Growth	-13.68%	-29.54%	-48.06%	10.92%	3.53%	-7.28%
Accounts Receivable	31.94	35.02	16.82	20.27	17.75	13.19
Inventory	13.13	13.22	14.03	15.54	11.43	11.58
Other Current Assets	18.19	11	14.24	9.53	7.2	8.05
Total Current Assets	315.06	316.51	320.88	375.93	334.42	320.71
Net Property, Plant & Equipment	32.18	32.08	34.09	39	44.15	45.07
Other Intangible Assets	-	7.78	11.75	-	19.69	10.73
Goodwill	78.5	68.01	68.01	83.73	68.01	41.14
Long-Term Investments	182.01	203.32	143.88	33.13	133.91	177.93
Other Long-Term Assets	48.7	43.47	40.08	40.13	43.42	39.79
Total Assets	656.45	671.17	618.68	571.92	643.59	635.37
Accounts Payable	6.5	7.23	5.58	4.3	6.46	4.31
Accrued Expenses	63.31	69.94	51.84	41.02	44.64	56.57
Current Portion of Leases	4.82	5.05	4.75	4.68	4.69	5.09
Unearned Revenue	121.51	112.05	106.3	105.01	108.24	99.92
Other Current Liabilities	2.16	-	-	-	-	-
Total Current Liabilities	198.29	194.28	168.47	155.02	164.04	165.89
Long-Term Leases	11.55	11.97	13.52	16.02	19.46	22.36
Other Long-Term Liabilities	78.39	74.23	79.61	77.61	91.65	77.13
Total Long-Term Liabilities	89.94	86.2	93.13	93.63	111.11	99.49
Total Liabilities	288.23	280.48	261.6	248.64	275.15	265.38
Common Stock	0.77	0.77	0.75	0.74	0.73	0.73
Treasury Stock	-407.6	-377.56	-366.59	-365.75	-303.3	-243.02
Additional Paid-in Capital	584.16	578.65	555.15	529.21	498.17	471.17
Accumulated Other Comprehensive Income	-0.17	1.39	1.1	0.08	-4.84	-0.46
Retained Earnings	149.65	146.11	125.85	119.81	141.4	141.57
Total Common Shareholders' Equity	326.82	349.36	316.27	284.09	332.16	369.99
Minority Interest	41.4	41.32	40.8	39.18	36.28	-
Shareholders' Equity	368.22	390.68	357.08	323.27	368.44	369.99
Total Liabilities & Equity	656.45	671.17	618.68	571.92	643.59	635.37
Total Debt	16.37	17.02	18.27	20.7	24.15	27.45
Net Cash (Debt)	235.44	103.96	153.44	309.88	273.9	260.44
Net Cash Growth	126.48%	-32.25%	-50.48%	13.14%	5.17%	-7.12%
Net Cash Per Share	5.26	2.33	3.54	7.23	6.09	5.48
Book Value	326.82	349.36	316.27	284.09	332.16	369.99
Book Value Per Share	7.30	7.82	7.29	6.63	7.39	7.79
Tangible Book Value	248.32	273.57	236.52	200.37	244.47	318.12
Tangible Book Value Per Share	5.55	6.12	5.45	4.67	5.44	6.70

Updated May 7, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q