Radware Cash Flow Statement

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	Jun '26 Jun 30, 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
Net Income	16.95	20.26	-	-21.59	-0.17	7.81
Depreciation & Amortization	11.17	11.68	-	12.24	11.69	10.2
Stock-Based Compensation	25.37	24.04	-	34.02	27.35	17.57
Other Adjustments	0.07	-3.56	-	1.82	4.06	7.24
Change in Receivables	-17.03	-18.2	-	-2.52	-4.56	3.66
Changes in Inventories	-0.34	0.81	-	-4.12	0.15	2.36
Changes in Accounts Payable	4.06	1.65	-	-2.17	2.15	0.43
Changes in Accrued Expenses	-5.76	13.5	-	-1.42	-14.05	12.24
Changes in Unearned Revenue	21.22	6.81	-	-14.95	13.48	20.06
Changes in Other Operating Activities	-11.31	-6.89	-3.33	-4.83	-7.96	-9.79
Operating Cash Flow	41.94	50.09	-3.33	-3.5	32.15	71.77
Operating Cash Flow Growth	-34.87%	-	-	-	-55.21%	12.38%
Capital Expenditures	-9.44	-8.54	-	-5.43	-8.81	-5.6
Purchases of Investments	-	-65.43	-	-33.27	-49.22	-88.3
Proceeds from Sale of Investments	-	80.87	-	50.39	45.36	77.26
Cash Acquisitions	-5.94	-	-	-	-30	-
Other Investing Activities	14.99	-36.98	-	81.1	-13.34	24.5
Investing Cash Flow	2.91	-30.07	-	92.78	-56.02	7.85
Issuance of Common Stock	0	-	-	0.37	2.03	10.59
Repurchase of Common Stock	-69.14	-10.49	-	-63.23	-59.49	-52.47
Net Common Stock Issued (Repurchased)	-69.14	-10.49	-	-62.86	-57.46	-41.88
Other Financing Activities	-3.41	-3.17	-	-2.06	35	-
Financing Cash Flow	-62.05	-13.66	-	-64.93	-22.46	-41.88
Net Cash Flow	-17.2	6.36	-3.33	24.35	-46.33	37.74
Free Cash Flow	32.49	41.56	-3.33	-8.93	23.33	66.17
Free Cash Flow Growth	-44.12%	-	-	-	-64.74%	19.89%
FCF Margin	10.23%	13.77%	-1.21%	-3.42%	7.95%	23.10%
Free Cash Flow Per Share	0.73	0.93	-0.08	-0.21	0.52	1.39
Levered Free Cash Flow	14.85	39.28	2.71	-42.25	-3.52	37.7
Unlevered Free Cash Flow	14.78	26.91	-5.18	-59.19	-3.24	36.18

SEC Filings: 10-K · 10-Q