Radware Ltd. (RDWR)
NASDAQ: RDWR · Real-Time Price · USD
33.60
+0.96 (2.94%)
Nov 3, 2026, 4:00 PM EST - Market closed
Radware Income 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 | Sep '26 Sep 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 |
| 326.9 | 301.85 | 274.88 | 261.29 | 293.43 | 286.5 | |
Revenue Growth | 10.95% | 9.81% | 5.20% | -10.95% | 2.42% | 14.59% |
Cost of Revenue | 64.24 | 58.34 | 53.25 | 51.71 | 53.88 | 52.45 |
Gross Profit | 262.67 | 243.51 | 221.63 | 209.58 | 239.54 | 234.05 |
Selling, General & Admin | 163.41 | 153.36 | 151.49 | 158.65 | 156.32 | 141.73 |
Research & Development | 93.89 | 78.98 | 74.72 | 82.62 | 86.56 | 74.1 |
Operating Expenses | 257.31 | 232.34 | 226.22 | 241.26 | 242.88 | 215.83 |
Operating Income | 5.36 | 11.17 | -4.59 | -31.68 | -3.34 | 18.23 |
Interest & Investment Income | 17.46 | 16.94 | 13.12 | 11.38 | 5.14 | 4.13 |
Currency Exchange Gain (Loss) | -4.56 | -3.24 | -1.24 | 0.2 | 1.3 | -1.82 |
Other Non Operating Income (Expenses) | -0.31 | -0.31 | -0.24 | -0.2 | -0.21 | -0.2 |
EBT Excluding Unusual Items | 17.95 | 24.57 | 7.06 | -20.3 | 2.89 | 20.34 |
Gain (Loss) on Sale of Investments | 4.5 | 4.5 | 4.9 | 2.54 | 1.82 | 2.29 |
Other Unusual Items | 0.24 | 0.24 | 0.7 | - | - | - |
Pretax Income | 22.69 | 29.31 | 12.67 | -17.75 | 4.71 | 22.63 |
Income Tax Expense | 9.15 | 9.05 | 6.63 | 3.84 | 4.88 | 14.82 |
Net Income | 13.93 | 20.26 | 6.04 | -21.59 | -0.17 | 7.81 |
Net Income to Common | 13.93 | 20.26 | 6.04 | -21.59 | -0.17 | 7.81 |
Net Income Growth | -16.40% | 235.49% | - | - | - | -18.94% |
Shares Outstanding (Basic) | 42 | 43 | 42 | 43 | 45 | 46 |
Shares Outstanding (Diluted) | 44 | 45 | 43 | 43 | 45 | 48 |
Shares Change | -0.47% | 3.08% | 1.15% | -4.61% | -5.39% | -0.50% |
EPS (Basic) | 0.33 | 0.47 | 0.14 | -0.50 | -0.00 | 0.17 |
EPS (Diluted) | 0.32 | 0.45 | 0.14 | -0.50 | -0.00 | 0.16 |
EPS Growth | -16.49% | 221.43% | - | - | - | -20.00% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Free Cash Flow | 49.1 | 41.56 | 66.33 | -8.93 | 23.33 | 66.17 |
Free Cash Flow Per Share | 1.11 | 0.93 | 1.53 | -0.21 | 0.52 | 1.39 |
Gross Margin | 80.35% | 80.67% | 80.63% | 80.21% | 81.64% | 81.69% |
Operating Margin | 1.64% | 3.70% | -1.67% | -12.12% | -1.14% | 6.36% |
Profit Margin | 4.26% | 6.71% | 2.20% | -8.26% | -0.06% | 2.73% |
Free Cash Flow Margin | 15.02% | 13.77% | 24.13% | -3.42% | 7.95% | 23.10% |
EBITDA | 17.48 | 22.85 | 7.25 | -19.44 | 8.35 | 26.56 |
EBITDA Margin | 5.35% | 7.57% | 2.64% | -7.44% | 2.85% | 9.27% |
D&A For EBITDA | 12.12 | 11.68 | 11.84 | 12.24 | 11.69 | 8.34 |
EBIT | 5.36 | 11.17 | -4.59 | -31.68 | -3.34 | 18.23 |
EBIT Margin | 1.64% | 3.70% | -1.67% | -12.12% | -1.14% | 6.36% |
Effective Tax Rate | 40.30% | 30.88% | 52.33% | - | 103.52% | 65.49% |
Revenue as Reported | 301.85 | 301.85 | 274.88 | 261.29 | 293.43 | 286.5 |