Free Trial
→ Louis Navellier: My #1 AI stock for 2026 (name & ticker inside) (From InvestorPlace) (Ad)tc pixel Free RDWR Stock Alerts

Radware (RDWR) Financials

Radware logo
$28.36 +1.50 (+5.58%)
Closing price 04:00 PM Eastern
Extended Trading
$28.34 -0.02 (-0.09%)
As of 04:52 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Radware

Annual Income Statements for Radware

This table shows Radware's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 19 -8.66 -7.49 12 23 9.64 7.81 -0.17 -22 6.04 20
Consolidated Net Income / (Loss)		 19 -8.66 -7.49 12 23 9.64 7.81 -0.17 -22 6.04 20
Net Income / (Loss) Continuing Operations		 19 -8.66 -7.49 12 23 9.64 7.81 -0.17 -22 6.04 20
Total Pre-Tax Income 		24 -7.01 -1.84 15 26 14 23 4.71 -18 13 29
Total Operating Income		 18 -13 -6.67 7.52 17 6.17 18 -3.34 -32 -3.89 11
Total Gross Profit		 178 161 172 193 207 205 234 240 210 222 244
Total Revenue		 217 197 211 234 252 250 286 293 261 275 302
Total Cost of Revenue		 38 36 40 42 45 45 52 54 52 53 58
Total Operating Expenses		 160 174 178 185 190 199 216 243 241 226 232
Selling, General & Admin Expense		 17 18 18 16 19 19 22 30 32 28 26
Marketing Expense		 93 104 109 111 110 113 120 127 126 122 128
Research & Development Expense		 50 52 59 58 62 67 74 87 83 75 79
Total Other Income / (Expense), net		 5.87 5.74 4.83 7.27 8.79 7.80 4.41 8.05 14 17 18
Other Income / (Expense), net		 5.87 5.74 4.83 7.27 8.79 7.80 4.41 8.05 14 17 18
Income Tax Expense		 5.30 1.65 5.65 3.06 3.14 4.33 15 4.88 3.84 6.63 9.05
Basic Earnings per Share		 $0.40 ($0.20) ($0.17) $0.26 $0.48 $0.21 $0.17 $0.00 ($0.50) $0.14 $0.47
Weighted Average Basic Shares Outstanding		 44.78M 43.19M 44.13M 46.35M 46.82M 46.46M 45.92M 44.94M 42.87M 41.98M 42.88M
Diluted Earnings per Share		 $0.40 ($0.20) ($0.17) $0.25 $0.47 $0.20 $0.16 $0.00 ($0.50) $0.14 $0.45
Weighted Average Diluted Shares Outstanding		 44.78M 43.19M 44.13M 46.35M 48.52M 47.74M 47.50M 44.94M 42.87M 43.36M 44.70M
Weighted Average Basic & Diluted Shares Outstanding		 44.78M 43.19M 44.13M 46.35M 46.99M 46.46M 45.87M 44.31M 41.70M 42.55M 43.15M

Quarterly Income Statements for Radware

No quarterly income statements for Radware are available.

Annual Cash Flow Statements for Radware

This table details how cash moves in and out of Radware's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -11 46 -14 -20 -4.45 14 38 -46 24 28 6.36
Net Cash From Operating Activities		 39 38 31 49 53 64 72 32 -3.50 72 50
Net Cash From Continuing Operating Activities		 39 38 31 49 53 64 72 32 -3.50 72 50
Net Income / (Loss) Continuing Operations		 19 -8.66 -7.49 12 23 9.64 7.81 -0.17 -22 6.04 20
Consolidated Net Income / (Loss)		 19 -8.66 -7.49 12 23 9.64 7.81 -0.17 -22 6.04 20
Depreciation Expense		 9.40 10 11 9.78 11 11 10 12 12 12 12
Amortization Expense		 3.21 1.95 1.55 1.40 0.62 0.93 2.72 2.35 1.75 -0.42 0.00
Non-Cash Adjustments To Reconcile Net Income		 6.38 11 13 13 14 17 18 26 33 26 26
Changes in Operating Assets and Liabilities, net		 1.57 24 13 14 4.01 25 33 -7.67 -29 28 -7.66
Net Cash From Investing Activities		 -6.85 28 -56 -86 -51 -14 7.85 -56 93 -40 -30
Net Cash From Continuing Investing Activities		 -6.85 28 -56 -86 -51 -14 7.85 -56 93 -40 -30
Purchase of Property, Plant & Equipment		 -14 -9.40 -7.21 -8.87 -8.16 -8.67 -5.60 -8.81 -5.43 -5.28 -8.54
Purchase of Investments		 -13 -16 -25 -47 -67 -33 -88 -49 -33 -110 -65
Sale and/or Maturity of Investments		 54 23 21 42 21 51 77 45 50 129 81
Other Investing Activities, net		 -34 31 -37 -71 16 -24 24 -13 81 -53 -37
Net Cash From Financing Activities		 -44 -21 10 16 -6.51 -35 -42 -22 -65 -3.91 -14
Net Cash From Continuing Financing Activities		 -44 -21 10 16 -6.51 -35 -42 -22 -65 -3.91 -14
Repurchase of Common Equity		 -53 -22 -0.41 -4.28 -25 -45 -52 -59 -63 -0.84 -10
Other Financing Activities, net		 9.38 1.04 11 20 18 9.85 11 2.03 -1.69 -3.07 -3.17
Cash Income Taxes Paid		 1.85 1.73 14 6.42 3.30 1.31 2.75 18 4.00 0.92 2.22

Quarterly Cash Flow Statements for Radware

No quarterly cash flow statements for Radware are available.

Annual Balance Sheets for Radware

This table presents Radware's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 431 430 471 533 595 623 635 644 572 619 671
Total Current Assets		 178 267 250 359 222 348 321 334 376 321 317
Cash & Equivalents		 34 80 65 45 41 55 93 46 71 99 105
Short-Term Investments		 16 20 43 16 37 65 39 44 86 73 16
Accounts Receivable		 26 19 16 17 23 17 13 18 20 17 35
Inventories, net		 16 17 19 18 14 14 12 11 16 14 13
Prepaid Expenses		 5.04 4.16 15 7.07 7.47 6.53 8.05 7.20 9.53 14 11
Other Current Assets		 81 126 93 255 100 191 156 208 174 104 136
Plant, Property, & Equipment, net		 26 26 24 24 23 23 20 21 18 16 16
Total Noncurrent Assets		 226 137 194 150 350 252 294 288 178 282 338
Long-Term Investments		 184 94 143 88 252 141 180 136 35 146 206
Goodwill		 30 30 32 32 41 41 41 68 68 68 68
Intangible Assets		 3.52 2.40 10 9.47 14 13 11 20 16 12 7.78
Other Noncurrent Operating Assets		 8.20 11 8.13 21 43 58 62 64 59 56 56
Total Liabilities & Shareholders' Equity		 431 430 471 533 595 623 635 644 572 619 671
Total Liabilities		 112 131 156 169 200 235 265 275 249 262 280
Total Current Liabilities		 77 85 107 118 126 144 166 164 155 168 194
Accounts Payable		 9.26 5.97 5.37 4.48 6.32 3.88 4.31 6.46 4.30 5.58 7.23
Accrued Expenses		 11 15 16 12 16 16 30 12 14 20 33
Current Deferred Revenue		 46 53 70 84 79 92 100 108 105 106 112
Current Employee Benefit Liabilities		 11 12 16 18 19 27 26 32 27 32 37
Other Current Liabilities		 - - - 0.00 5.19 5.22 5.09 4.69 4.68 4.75 5.05
Total Noncurrent Liabilities		 34 45 49 51 74 91 99 111 94 93 86
Noncurrent Deferred Revenue		 25 31 43 44 51 55 67 72 60 65 66
Other Noncurrent Operating Liabilities		 9.21 14 5.20 6.93 23 36 32 39 33 28 20
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 319 300 315 364 395 388 370 368 323 357 391
Total Preferred & Common Equity		 319 300 315 364 395 388 370 332 284 316 349
Total Common Equity		 319 300 315 364 395 388 370 332 284 316 349
Common Stock		 313 326 350 384 415 444 472 499 530 556 579
Retained Earnings		 98 90 82 102 124 134 142 141 120 126 146
Treasury Stock		 -94 -116 -116 -121 -145 -191 -243 -303 -366 -367 -378
Accumulated Other Comprehensive Income / (Loss)		 1.26 -0.02 -0.44 -1.11 1.15 1.52 -0.46 -4.84 0.08 1.10 1.39
Noncontrolling Interest		 - - - - - - 0.00 36 39 41 41

Quarterly Balance Sheets for Radware

No quarterly balance sheets for Radware are available.

Annual Metrics And Ratios for Radware

This table displays calculated financial ratios and metrics derived from Radware's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 - - - - - - - - - - 43,145,971.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 43,145,971.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - 0.47
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Net Operating Profit after Tax (NOPAT)		 14 -8.92 -4.67 5.97 15 4.26 6.29 0.12 -22 -1.85 7.89
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 0.03% -6.86% -0.52% 2.02%
Earnings before Interest and Taxes (EBIT)		 24 -7.01 -1.84 15 26 14 23 4.71 -18 13 29
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 36 5.31 11 26 38 25 36 19 -3.76 24 41
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -38 -30 40 -148 165 -58 77 -84 -11 90 -16
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 85 106 61 215 66 128 58 142 131 39 64
Increase / (Decrease) in Invested Capital		 52 21 -45 154 -150 63 -71 84 -11 -92 24
Book Value per Share		 $6.80 $6.69 $7.30 $8.25 $8.53 $8.27 $7.98 $7.24 $6.41 $7.58 $8.21
Tangible Book Value per Share		 $6.08 $5.97 $6.32 $7.30 $7.33 $7.12 $6.86 $5.33 $4.52 $5.67 $6.43
Total Capital		 319 300 315 364 395 388 370 368 323 357 391
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -234 -194 -251 -149 -330 -260 -312 -226 -192 -318 -327
Capital Expenditures (CapEx)		 14 9.40 7.21 8.87 8.16 8.67 5.60 8.81 5.43 5.28 8.54
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 51 81 35 180 19 85 23 80 64 -19 1.25
Debt-free Net Working Capital (DFNWC)		 101 182 143 241 96 204 155 170 221 152 122
Net Working Capital (NWC)		 101 182 143 241 96 204 155 170 221 152 122
Net Nonoperating Expense (NNE)		 -4.56 -0.27 2.82 -5.77 -7.72 -5.38 -1.52 0.28 -0.59 -7.89 -12
Net Nonoperating Obligations (NNO)		 -234 -194 -254 -149 -330 -260 -312 -226 -192 -318 -327
Total Depreciation and Amortization (D&A)		 13 12 13 11 12 11 13 14 14 11 12
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.40 ($0.20) ($0.17) $0.26 $0.48 $0.21 $0.17 $0.00 ($0.50) $0.14 $0.47
Adjusted Weighted Average Basic Shares Outstanding		 44.78M 43.19M 44.13M 46.35M 46.99M 46.39M 45.92M 44.94M 42.87M 41.98M 42.88M
Adjusted Diluted Earnings per Share		 $0.40 ($0.20) ($0.17) $0.25 $0.47 $0.20 $0.16 $0.00 ($0.50) $0.14 $0.45
Adjusted Weighted Average Diluted Shares Outstanding		 44.78M 43.19M 44.13M 46.35M 46.99M 46.39M 47.50M 44.94M 42.87M 43.36M 44.70M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 44.78M 43.19M 44.13M 46.35M 46.99M 46.39M 45.87M 44.31M 41.70M 42.55M 43.15M
Normalized Net Operating Profit after Tax (NOPAT)		 14 -8.92 -4.67 5.97 15 4.26 13 -2.34 -22 -2.72 7.89
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for Radware

No quarterly metrics and ratios for Radware are available.


Financials Breakdown Chart

Frequently Asked Questions About Radware's Financials

When does Radware's fiscal year end?

According to the most recent income statement we have on file, Radware's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Radware's net income changed over the last 10 years?

Radware's net income appears to be on a downward trend, with a most recent value of $20.26 million in 2025, rising from $18.57 million in 2015. The previous period was $6.04 million in 2024. Find out what analysts predict for Radware in the coming months.

What is Radware's operating income?
Radware's total operating income in 2025 was $11.41 million, based on the following breakdown:
  • Total Gross Profit: $243.51 million
  • Total Operating Expenses: $232.10 million
How has Radware's revenue changed over the last 10 years?

Over the last 10 years, Radware's total revenue changed from $216.57 million in 2015 to $301.85 million in 2025, a change of 39.4%.

How much debt does Radware have?

Radware's total liabilities were at $280.48 million at the end of 2025, a 7.2% increase from 2024, and a 151.0% increase since 2015.

How much cash does Radware have?

In the past 10 years, Radware's cash and equivalents has ranged from $33.74 million in 2015 to $105.08 million in 2025, and is currently $105.08 million as of their latest financial filing in 2025.

How has Radware's book value per share changed over the last 10 years?

Over the last 10 years, Radware's book value per share changed from 6.80 in 2015 to 8.21 in 2025, a change of 20.7%.


Related Companies

Financial statements for NASDAQ:RDWR last updated on 4/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
Your book attached
Your Download Link (Expiring) If you still haven't downloaded the free Simple Options Trading For Beginners...
Profits Run | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel
Trade this between 9:30 and 10:45 am EST
The first 75 minutes of the trading day may be the most overlooked window for consistent opportunities.If you ...
Base Camp Trading | Sponsoredtc pixel
Iran War Shock: What I Was Told In That Private Meeting
You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially th...
Banyan Hill Publishing | Sponsoredtc pixel
Elon Unveils AI Passive Income Stream for Millions of Americans
During Tesla's last earnings call, Elon Musk outlined a new AI-driven approach he says could generate $30,000-...
InvestorPlace | Sponsoredtc pixel
Invest in SpaceX Before IPO
SpaceX is already one of the most valuable private companies on Earth, and some analysts believe its valuation...
NXT Wave Research | Sponsoredtc pixel
Satellite Images Spot Potential $10 Trillion Discovery
'Dark Energy': Elon Musk's Next Potential $10 Trillion Move A highly secure site in West Texas now houses a...
Altimetry | Sponsoredtc pixel
URGENT: $2 Gold Stock With Major Discovery
A $2 gold stock is said to quietly control what may be the largest gold deposit in the world - worth nearly $1...
Paradigm Press | Sponsoredtc pixel