Company research
RADWARE LTD
CIK 1094366Updated Nov 5, 2026
SecurityRDWR · NASDAQ · equity
RDWR price & chart
Loading TradingView…
NASDAQ:RDWR on TradingView ↗In the news
No coverage from other publishers is available.
Financials
FY 2025 · USDSource
Source
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 671,165,000Source | 618,676,000Source | 571,916,000Source | 643,588,000Source |
| Property, Plant and Equipment, NetUSD | 16,452,000Source | 15,632,000Source | 18,221,000Source | 21,068,000Source |
| GoodwillUSD | 68,008,000Source | 68,008,000Source | 68,008,000Source | 68,008,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 7,782,000Source | 11,750,000Source | 15,718,000Source | 19,686,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 105,078,000Source | 98,714,000Source | 70,538,000Source | 46,185,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 35,023,000Source | 16,823,000Source | 20,267,000Source | 17,752,000Source |
| Inventory, NetUSD | 13,220,000Source | 14,030,000Source | 15,544,000Source | 11,428,000Source |
| Assets, CurrentUSD | 316,507,000Source | 320,876,000Source | 375,928,000Source | 334,420,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 11,004,000Source | 14,242,000Source | 9,529,000Source | 7,196,000Source |
| Operating Lease, Right-of-Use AssetUSD | 15,625,000Source | 18,456,000Source | 20,777,000Source | 23,078,000Source |
| Other Assets, NoncurrentUSD | 40,641,000Source | 37,906,000Source | 37,967,000Source | 41,269,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 770,000Source | 754,000Source | 742,000Source | 732,000Source |
| Retained Earnings (Accumulated Deficit)USD | 146,107,000Source | 125,850,000Source | 119,812,000Source | 141,402,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 1,393,000Source | 1,103,000Source | 77,000Source | -4,844,000Source |
| Stockholders' Equity Attributable to ParentUSD | 349,361,000Source | 316,273,000Source | 284,091,000Source | 332,159,000Source |
| Additional Paid in Capital, Common StockUSD | 578,652,000Source | 555,154,000Source | 529,209,000Source | 498,168,000Source |
| Liabilities and EquityUSD | 671,165,000Source | 618,676,000Source | 571,916,000Source | 643,588,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 194,283,000Source | 168,470,000Source | 155,015,000Source | 164,035,000Source |
| Operating Lease, Liability, CurrentUSD | 5,051,000Source | 4,750,000Source | 4,684,000Source | 4,685,000Source |
| Accounts Payable, CurrentUSD | 7,234,000Source | 5,581,000Source | 4,298,000Source | 6,464,000Source |
| Operating Lease, Liability, NoncurrentUSD | 11,970,000Source | 13,519,000Source | 16,020,000Source | 19,461,000Source |
| Other Liabilities, NoncurrentUSD | 8,464,000Source | 14,904,000Source | 17,108,000Source | 19,430,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 41,323,000Source | 40,802,000Source | 39,183,000Source | 36,284,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 33,160,000Source | 19,813,000Source | 13,573,000Source | 12,263,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 11,684,000Source | 11,836,000Source | 12,244,000Source | 11,692,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 24,035,000Source | 26,027,000Source | 34,022,000Source | 27,353,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 18,200,000Source | -3,444,000Source | 2,515,000Source | 4,561,000Source |
| Increase (Decrease) in InventoriesUSD | -810,000Source | -1,514,000Source | 4,116,000Source | -152,000Source |
| Increase (Decrease) in Accounts PayableUSD | 1,653,000Source | 1,283,000Source | -2,166,000Source | 2,154,000Source |
| Deferred Income Tax Expense (Benefit)USD | 5,000Source | 439,000Source | 582,000Source | -1,986,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 50,091,000Source | 71,609,000Source | -3,500,000Source | 32,148,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 0Source | 0Source | 30,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -30,070,000Source | -39,520,000Source | 92,779,000Source | -56,018,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -58,000Source | -81,000Source | -66,000Source | -35,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 8,536,000Source | 5,279,000Source | 5,429,000Source | 8,814,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 10,490,000Source | 839,000Source | 63,234,000Source | 59,492,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -13,657,000Source | -3,913,000Source | -64,926,000Source | -22,458,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 105,078,000Source | 98,714,000Source | 70,538,000Source | 46,185,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 2,218,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 24,035,000Source | 24,408,000Source | 31,150,000Source | 26,096,000Source |
| Amortization of Intangible AssetsUSD | 3,968,000Source | 3,968,000Source | 3,968,000Source | 3,706,000Source |
| Deferred Other Tax Expense (Benefit)USD | — | — | — | 1,698,000Source |
| DepreciationUSD | 7,716,000Source | 7,868,000Source | 8,276,000Source | 7,986,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -3,236,000Source | -1,237,000Source | 203,000Source | 1,300,000Source |
| General and Administrative ExpenseUSD | 25,536,000Source | 28,342,000Source | 32,408,000Source | 29,786,000Source |
| GoodwillUSD | 68,008,000Source | 68,008,000Source | 68,008,000Source | 68,008,000Source |
| Income Tax Expense (Benefit)USD | 9,050,000Source | 6,627,000Source | 3,837,000Source | 4,879,000Source |
| Inventory Write-downUSD | 553,000Source | 952,000Source | 1,506,000Source | 397,000Source |
| Net Income (Loss) Attributable to ParentUSD | 20,257,000Source | 6,038,000Source | -21,590,000Source | -166,000Source |
| Operating Costs and ExpensesUSD | 11,804,000Source | 8,085,000Source | 7,707,000Source | — |
| Operating ExpensesUSD | 232,103,000Source | 225,515,000Source | 241,262,000Source | 242,881,000Source |
| Other Nonoperating Income (Expense)USD | 17,899,000Source | 16,552,000Source | 13,927,000Source | 8,052,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 73,224,000Source | 124,968,000Source | 46,177,000Source | 34,589,000Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 3,000Source | 371,000Source | 2,034,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 301,850,000Source | 274,880,000Source | 261,292,000Source | 293,426,000Source |
| Cost of Goods and Services Sold | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | 11,408,000Source | -3,887,000Source | -31,680,000Source | -3,339,000Source |
| Other Nonoperating Income (Expense)USD | 17,899,000Source | 16,552,000Source | 13,927,000Source | 8,052,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 29,307,000Source | 12,665,000Source | -17,753,000Source | 4,713,000Source |
| Income Tax Expense (Benefit)USD | 9,050,000Source | 6,627,000Source | 3,837,000Source | 4,879,000Source |
| Net Income (Loss) Attributable to ParentUSD | 20,257,000Source | 6,038,000Source | -21,590,000Source | -166,000Source |
| Earnings Per Share, BasicUSD per share | 0.47Source | 0.14Source | -0.5Source | 0Source |
| Earnings Per Share, DilutedUSD per share | 0.45Source | 0.14Source | -0.5Source | 0Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 42,879,056Source | 41,982,851Source | 42,871,770Source | 44,943,168Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 44,698,538Source | 43,362,906Source | 42,871,770Source | 44,943,168Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 3,968,000Source | 3,968,000Source | 3,968,000Source | 3,706,000Source |
| Current Income Tax Expense (Benefit)USD | 9,045,000Source | 6,188,000Source | 3,255,000Source | 6,865,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -3,236,000Source | -1,237,000Source | 203,000Source | 1,300,000Source |
| General and Administrative ExpenseUSD | 25,536,000Source | 28,342,000Source | 32,408,000Source | 29,786,000Source |
| Gross ProfitUSD | 243,511,000Source | 221,628,000Source | 209,582,000Source | 239,542,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 655,000Source | 10,656,000Source | -33,444,000Source | -1,105,000Source |
| Operating Costs and ExpensesUSD | 11,804,000Source | 8,085,000Source | 7,707,000Source | — |
| Operating ExpensesUSD | 232,103,000Source | 225,515,000Source | 241,262,000Source | 242,881,000Source |
| Other Operating IncomeUSD | 5,303,000Source | 5,730,000Source | 3,298,000Source | — |
| Research and Development ExpenseUSD | 78,981,000Source | 74,723,000Source | 82,617,000Source | 86,562,000Source |
| Selling and Marketing ExpenseUSD | 127,586,000Source | 122,450,000Source | 126,237,000Source | 126,533,000Source |
Filing attachments
ex99_1.htm · SCHEDULE 13G/A · 2026-04-30
Exhibit 99.1 Exhibit 99.1 - Joint Filing Agreement The undersigned hereby agree that they are filing this statement jointly pursuant to Rule 13d-1(k)(1). Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such pe…
Read attachment ↗ex99_1.htm · SCHEDULE 13G · 2026-01-27
Exhibit 99.1 Exhibit 99.1 - Joint Filing Agreement The undersigned hereby agree that they are filing this statement jointly pursuant to Rule 13d-1(k)(1). Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such pe…
Read attachment ↗