Radware Ltd
RDWR Nasdaq· Services-Business Services, Nec
Last close · Oct 23, 2026
$31.07
KIRA · Stoqly’s AI analyst, in plain words
- Radware Ltd had $302M of revenue in fiscal 2025, up 9.8% on the year before. Over five years, revenue changed +3.8% a year on average.
- Its operating margin was 3.8%, up 5.2 pts: of every 100 in sales, about 4 is left after running the business.
- Radware Ltd made $20.3M of net profit in fiscal 2025.
- Free cash flow was $41.6M in fiscal 2025, 13.8% of revenue.
- Radware Ltd returned $10.5M to shareholders in fiscal 2025, 25% of free cash flow. The diluted share count rose 3.1%.
Market cap
$1.4B
P/E
69.0x
Revenue
$302M
Net income
$20.3M
Free cash flow
$41.6M
Operating margin
3.8%
Radware Ltd in 30 seconds · fiscal 2025
Are sales growing?
+9.8%
Yes. Sales grew 9.8% last year.
Does it make a profit?
6.7%
A little. It keeps 6.7% of every sale as profit.
Does profit turn into cash?
13.8%
Yes. 13.8% of sales ends up as free cash.
How healthy are the accounts?
6 / 8
Mixed. It passes 6 of 8 health tests.
How is the share priced?
69.0x
One share costs 69.0 times its yearly profit per share.
What Radware Ltd does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Mar 31, 2026
- Legal name
- RADWARE LTD
- CIK
- 0001094366
Radware Ltd · RDWR
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $286M | $293M | $261M | $275M | $302M |
| Revenue growth | 14.6% | 2.4% | −11.0% | 5.2% | 9.8% |
| Gross margin | 81.7% | 81.6% | 80.2% | 80.6% | 80.7% |
| Operating margin | 6.4% | −1.1% | −12.1% | −1.4% | 3.8% |
| Net income | $7.8M | −$0.2M | −$21.6M | $6.0M | $20.3M |
| Net margin | 2.7% | −0.1% | −8.3% | 2.2% | 6.7% |
| Diluted EPS | $0.16 | $0.00 | −$0.50 | $0.14 | $0.45 |
| Cash | |||||
| Cash from operations | $71.8M | $32.1M | −$3.5M | $71.6M | $50.1M |
| Capital expenditure | $5.6M | $8.8M | $5.4M | $5.3M | $8.5M |
| Free cash flow | $66.2M | $23.3M | −$8.9M | $66.3M | $41.6M |
| FCF margin | 23.1% | 8.0% | −3.4% | 24.1% | 13.8% |
| Share buybacks | $52.5M | $59.5M | $63.2M | $0.8M | $10.5M |
| Share count change | −0.5% | −5.4% | −4.6% | 1.1% | 3.1% |
| Debt and strength | |||||
| Cash and short-term investments | $132M | $90.4M | $157M | $172M | $121M |
| Shareholders' equity | $370M | $332M | $284M | $316M | $349M |
| Current ratio | 1.9x | 2.0x | 2.4x | 1.9x | 1.6x |
| Returns and quality | |||||
| Return on equity | 2.1% | −0.0% | −7.0% | 2.0% | 6.1% |
| Return on tangible equity | 2.5% | −0.1% | −10.8% | 2.6% | 7.4% |
| Piotroski F-score | 5 | 5 | 4 | 5 | 6 |
| Altman Z'' | 4.0 | 3.5 | 3.9 | 3.3 | 3.2 |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$1.0M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Radware Ltd · RDWR
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $31.07 a share, the company is worth $1.4B: 69.0 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001094366). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.