Radware Ltd. (RDWR)
NASDAQ: RDWR · Real-Time Price · USD
24.73
-0.18 (-0.72%)
Mar 6, 2026, 11:14 AM EST - Market open

Radware Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Revenue
301.85274.88261.29293.43286.5
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Revenue Growth (YoY)
9.81%5.20%-10.95%2.42%14.59%
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Cost of Revenue
58.3453.2551.7153.8852.45
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Gross Profit
243.51221.63209.58239.54234.05
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Selling, General & Admin
152.89151.49159.77156.32141.73
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Research & Development
78.9874.7282.6286.5674.1
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Operating Expenses
231.87226.22242.39242.88215.83
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Operating Income
11.65-4.59-32.81-3.3418.23
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Interest & Investment Income
14.6713.1211.385.144.13
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Currency Exchange Gain (Loss)
3.23-1.240.21.3-1.82
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Other Non Operating Income (Expenses)
--0.24-0.2-0.21-0.2
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EBT Excluding Unusual Items
29.547.06-21.432.8920.34
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Merger & Restructuring Charges
-0.24----
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Gain (Loss) on Sale of Investments
-4.92.541.822.29
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Other Unusual Items
-0.71.13--
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Pretax Income
29.3112.67-17.754.7122.63
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Income Tax Expense
9.056.633.844.8814.82
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Net Income
20.266.04-21.59-0.177.81
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Net Income to Common
20.266.04-21.59-0.177.81
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Net Income Growth
235.49%----18.94%
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Shares Outstanding (Basic)
4342434546
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Shares Outstanding (Diluted)
4543434548
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Shares Change (YoY)
3.08%1.15%-4.61%-5.39%-0.50%
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EPS (Basic)
0.470.14-0.50-0.000.17
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EPS (Diluted)
0.450.14-0.50-0.000.16
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EPS Growth
221.43%----20.00%
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Free Cash Flow
41.5666.33-8.9323.3366.17
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Free Cash Flow Per Share
0.931.53-0.210.521.39
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Gross Margin
80.67%80.63%80.21%81.64%81.69%
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Operating Margin
3.86%-1.67%-12.56%-1.14%6.36%
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Profit Margin
6.71%2.20%-8.26%-0.06%2.73%
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Free Cash Flow Margin
13.77%24.13%-3.42%7.95%23.10%
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EBITDA
23.337.25-20.568.3526.56
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EBITDA Margin
7.73%2.64%-7.87%2.85%9.27%
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D&A For EBITDA
11.6811.8412.2411.698.34
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EBIT
11.65-4.59-32.81-3.3418.23
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EBIT Margin
3.86%-1.67%-12.56%-1.14%6.36%
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Effective Tax Rate
30.88%52.33%-103.52%65.49%
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Revenue as Reported
-274.88261.29293.43286.5
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Source: S&P Capital IQ. Standard template. Financial Sources.