Radware Ltd. (RDWR)

Radware Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	102.93	105.08	98.71	70.54	46.19	92.51
Short-Term Investments	161.43	152.18	177.07	260.05	251.86	195.38
Cash & Short-Term Investments	264.36	257.26	275.78	330.59	298.04	287.89
Cash Growth	9.66%	-6.72%	-16.58%	10.92%	3.53%	-7.28%
Receivables	53.64	35.02	16.82	20.27	17.75	13.19
Inventory	13.98	13.22	14.03	15.54	11.43	11.58
Other Current Assets	3.24	11	14.24	9.53	7.2	8.05
Total Current Assets	335.22	316.51	320.88	375.93	334.42	320.71
Property, Plant & Equipment	31.76	32.08	34.09	39	44.15	45.07
Long-Term Investments	160.21	206.15	146.05	35.3	136.06	180.39
Goodwill	-	68.01	68.01	68.01	68.01	41.14
Other Intangible Assets	77.17	7.78	11.75	15.72	19.69	10.73
Long-Term Deferred Charges	-	22.44	20.23	23.01	-	23.94
Other Long-Term Assets	50.21	18.2	17.68	14.96	41.27	13.39
Total Assets	654.58	671.17	618.68	571.92	643.59	635.37

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	6.64	7.23	5.58	4.3	6.46	4.31
Accrued Expenses	-	50.61	41.48	32.53	37.45	35.27
Current Portion of Leases	4.75	5.05	4.75	4.68	4.69	5.09
Current Income Taxes Payable	-	14.82	6.07	3.15	3.03	18.95
Current Unearned Revenue	123.26	112.05	106.3	105.01	108.24	99.92
Other Current Liabilities	62.03	4.51	4.28	5.34	4.17	2.34
Total Current Liabilities	196.67	194.28	168.47	155.02	164.04	165.89
Long-Term Leases	10.14	11.97	13.52	16.02	19.46	22.36
Long-Term Unearned Revenue	84.03	65.76	64.71	60.5	72.22	67.07
Other Long-Term Liabilities	7.65	8.46	14.9	17.11	19.43	10.07
Total Liabilities	298.49	280.48	261.6	248.64	275.15	265.38

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.78	0.77	0.75	0.74	0.73	0.73
Additional Paid-In Capital	600.34	578.65	555.15	529.21	498.17	471.17
Retained Earnings	154	146.11	125.85	119.81	141.4	141.57
Treasury Stock	-439.41	-377.56	-366.59	-365.75	-303.3	-243.02
Comprehensive Income & Other	-1.17	1.39	1.1	0.08	-4.84	-0.46
Total Common Equity	314.54	349.36	316.27	284.09	332.16	369.99
Minority Interest	41.55	41.32	40.8	39.18	36.28	-
Shareholders' Equity	356.09	390.68	357.08	323.27	368.44	369.99
Total Liabilities & Equity	654.58	671.17	618.68	571.92	643.59	635.37

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	14.89	17.02	18.27	20.7	24.15	27.45
Net Cash (Debt)	305.27	311.64	287.04	343.02	364.05	358.66
Net Cash Growth	5.64%	8.57%	-16.32%	-5.78%	1.50%	3.28%
Net Cash Per Share	6.91	6.97	6.62	8.00	8.10	7.55
Filing Date Shares Outstanding	41.38	42.31	42.69	41.79	43.82	45.25
Total Common Shares Outstanding	41.38	43.15	42.55	41.7	44.31	45.87
Working Capital	138.55	122.22	152.41	220.91	170.39	154.82
Book Value Per Share	7.60	8.10	7.43	6.81	7.50	8.07
Tangible Book Value	237.37	273.57	236.52	200.37	244.47	318.12
Tangible Book Value Per Share	5.74	6.34	5.56	4.81	5.52	6.93
Machinery	-	99.99	109.69	126.51	122.95	116.78
Leasehold Improvements	-	5.91	7.7	8.27	8.19	7.49

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 3, 2026

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