Radware Ltd

Radware Ltd

RDWR · NASDAQ · Technology / Software - Infrastructure

31.38USD-0.44 (-1.38%)

Price History

Full chart

Market Stats

Previous Close31.82
Open32.23
Day Range30.82 – 32.23
52-Week Range21.68 – 32.79
Volume894.10K
Market Cap1.24B
P/E (TTM)75.79
Forward P/E26.74
EPS0.39
Dividend Yield0.00%
Beta0.86
50-Day Avg28.58
200-Day Avg26.89

About

Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers. The company operates in two segments, Radware's Core Business and The Hawks' Business. It offers cloud application protection service, cloud WAF, bot manager, API protection, web DDoS protection, client-side protection, threat intelligence, Kubernetes WAAP, and Alteon integrated WAF; cloud DDoS protection service, web DDoS protection defencepro X, cyber controller, AI SOC Xpert, and firewall-as-a-service; and Alteon, linkproof NG, and SSL inspection services. The company serves healthcare, government, online business, SaaS, education, open banking, MSSP solutions, and financial services through independent distributors, which include value added resellers, original equipment manufacturers, and system integrators. It operates in the United States, the Asia Pacific, Europe, the Middle East, Africa, and internationally. Radware Ltd. was incorporated in 1996 and is headquartered in Tel Aviv-Yafo, Israel.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Roy Zisapel
  • Employees1.23K
  • Headquarters22 Raoul Wallenberg Street, Tel Aviv-Yafo, Israel, 6971917, USA
  • Websitehttps://www.radware.com

Leadership

  • Mr. Roy ZisapelCo-Founder, CEO, President & Director · b. 1971
  • Mr. Guy Avidan CPAChief Financial Officer · b. 1962
  • Mr. Gabi MalkaChief Operating Officer · b. 1976
  • Mr. David AvivCTO & VP of Advanced Services · b. 1956
  • Ms. Constance StackChief Growth Officer · b. 1967
  • Ms. Yisca ErezDirector of Investor Relations
  • Mr. Gadi MerozVP & General Counsel · b. 1969
  • Ms. Riki GoldriechChief People Officer · b. 1977
  • Ms. Sharon TrachtmanChief of Staff · b. 1966
  • Mr. Amir PelesExecutive Vice President of Technology & Engineering · b. 1972

Financials

Income Statement

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue4.90M14.14M38.35M43.33M43.66M54.78M68.44M77.58M81.41M88.63M94.58M108.90M144.12M167.02M189.17M193.00M221.89M216.57M196.59M211.37M234.40M252.07M250.03M286.50M293.43M261.29M274.88M301.85M
Growth (%)-+188.59%+171.22%+12.97%+0.78%+25.46%+24.93%+13.36%+4.93%+8.87%+6.71%+15.14%+32.34%+15.89%+13.26%+2.02%+14.97%-2.40%-9.23%+7.52%+10.90%+7.54%-0.81%+14.59%+2.42%-10.95%+5.20%+9.81%
Cost of Revenue800.00K1.43M5.51M7.71M7.95M9.85M12.18M14.90M15.79M19.03M21.57M22.33M29.20M33.36M35.72M36.73M39.73M38.20M35.70M39.62M41.67M45.17M45.08M52.45M53.88M51.71M53.25M58.34M
Gross Profit4.10M12.71M32.85M35.62M35.72M44.93M56.26M62.69M65.62M69.60M73.01M86.57M114.92M133.66M153.45M156.26M182.16M178.37M160.89M171.75M192.73M206.90M204.94M234.05M239.54M209.58M221.63M243.51M
Gross Margin83.67%89.86%85.64%82.21%81.80%82.01%82.20%80.80%80.60%78.53%77.19%79.49%79.74%80.03%81.12%80.97%82.09%82.36%81.84%81.26%82.22%82.08%81.97%81.69%81.64%80.21%80.63%80.67%
Operating Expense5.30M13.28M33.83M42.82M42.05M42.27M46.73M58.26M73.97M88.61M104.01M93.68M106.46M115.24M122.53M138.69M157.08M160.37M173.64M178.42M185.21M189.98M198.78M215.82M242.88M241.26M225.51M232.10M
Operating Income-1.20M-576.00K-984.00K-7.20M-6.33M2.65M9.52M4.42M-8.35M-19.00M-31.01M-7.11M8.46M18.43M30.92M17.57M25.08M18.00M-12.75M-6.67M7.52M16.92M6.17M18.23M-3.34M-31.68M-3.89M11.41M
Operating Margin-24.49%-4.07%-2.57%-16.63%-14.50%4.85%13.91%5.70%-10.25%-21.44%-32.78%-6.52%5.87%11.03%16.35%9.10%11.30%8.31%-6.49%-3.16%3.21%6.71%2.47%6.36%-1.14%-12.12%-1.41%3.78%
EBITDA-1.10M259.00K874.00K-5.45M-4.52M4.48M15.63M11.57M-4.91M-17.43M-21.32M2.69M17.51M28.73M40.79M25.66M33.18M27.40M-2.38M4.56M17.31M28.20M16.73M33.03M16.61M-5.31M24.74M40.99M
EBITDA Margin-22.45%1.83%2.28%-12.58%-10.35%8.17%22.84%14.92%-6.03%-19.67%-22.54%2.47%12.15%17.20%21.56%13.29%14.95%12.65%-1.21%2.16%7.38%11.19%6.69%11.53%5.66%-2.03%9.00%13.58%
Net Income-1.30M280.00K6.09M-7.58M-2.11M6.36M13.78M9.34M-1.28M-12.01M-31.02M-5.94M9.63M21.34M31.76M18.05M24.95M18.57M-8.66M-7.49M11.73M22.57M9.64M7.81M-166.00K-21.59M6.04M20.26M
Net Income Margin-26.53%1.98%15.87%-17.49%-4.84%11.60%20.13%12.04%-1.57%-13.55%-32.80%-5.45%6.68%12.78%16.79%9.36%11.24%8.57%-4.40%-3.54%5.01%8.95%3.85%2.73%-0.06%-8.26%2.20%6.71%
R&D700.00K1.63M5.46M8.29M7.81M8.40M10.34M13.02M17.66M23.52M28.36M26.05M31.66M36.06M36.19M40.98M44.08M49.99M51.73M59.00M57.67M61.84M66.84M74.10M86.56M82.62M74.72M78.98M
R&D as % of Total Revenue14.29%11.55%14.25%19.14%17.88%15.33%15.11%16.78%21.69%26.53%29.98%23.92%21.97%21.59%19.13%21.24%19.87%23.08%26.32%27.91%24.60%24.53%26.73%25.86%29.50%31.62%27.18%26.17%
Interest Expense000000116.00K70.00K138.00K136.00K222.00K99.00K2.06M4.20M2.26M1.94M1.81M157.00K116.00K89.00K113.00K124.00K189.00K200.00K207.00K197.00K236.00K-
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.17%0.09%0.17%0.15%0.23%0.09%1.43%2.51%1.19%1.01%0.82%0.07%0.06%0.04%0.05%0.05%0.08%0.07%0.07%0.08%0.09%-

Balance Sheet

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.80M74.73M150.09M144.46M143.00M158.11M183.24M204.35M215.67M216.07M185.46M209.34M260.63M295.60M357.65M388.73M443.44M431.31M429.84M469.09M532.32M595.66M623.26M635.37M643.59M571.92M618.68M671.16M
Total Liabilities1.10M5.32M14.12M15.52M15.61M17.81M22.32M26.92M33.25M39.35M37.40M58.92M75.64M76.28M86.42M94.61M109.74M111.76M130.21M153.73M168.36M200.33M234.80M265.38M275.14M248.64M261.60M280.48M
Total Equity2.70M69.42M135.93M128.94M127.36M140.25M160.92M177.43M182.41M176.71M148.06M150.42M184.99M219.32M271.23M294.12M333.70M319.54M299.63M315.36M363.96M395.33M388.46M369.99M332.16M284.09M316.27M349.36M
Cash1.70M68.75M4.50M340.00K16.10M31.77M30.07M56.26M25.32M61.38M28.07M19.84M14.81M17.39M20.05M20.07M44.98M33.74M79.64M65.24M45.20M40.75M54.77M92.51M46.19M70.54M98.71M105.08M
Total Debt---------------------19.11M30.07M27.45M24.15M20.70M18.27M17.02M
Net Debt-1.70M-68.75M-4.50M-340.00K-16.10M-31.77M-30.07M-56.26M-25.32M-61.38M-28.07M-19.84M-14.81M-17.39M-20.05M-20.07M-44.98M-33.74M-79.64M-65.24M-45.20M-21.64M-24.70M-65.06M-22.04M-49.83M-80.44M-88.06M

Cash Flow

Currency: USD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-1.80M2.37M4.75M66.00K1.10M8.96M15.15M13.85M7.25M-1.13M-9.73M14.43M40.97M41.99M51.52M30.20M52.18M39.14M38.61M31.46M49.25M52.85M61.81M71.77M32.15M-3.50M71.61M50.09M
Investing Cash Flow-100.00K-1.03M-128.87M-4.26M14.50M151.00K-23.75M26.31M-39.76M35.80M-18.90M-24.15M-66.72M-49.21M-59.89M-29.99M-36.03M-6.85M28.36M-56.34M-85.50M-50.79M-14.37M7.85M-56.02M92.78M-39.52M-30.07M
Financing Cash Flow-65.73M59.87M35.00K158.00K6.56M6.91M7.31M1.57M1.38M-4.68M1.50M21.20M9.32M11.03M-194.00K8.77M-43.52M-21.08M10.48M16.22M-6.51M-33.42M-41.88M-22.46M-64.93M-3.91M-13.66M
Capital Expenditure100.00K980.00K2.40M1.89M1.33M1.31M2.37M3.63M5.84M6.75M4.64M5.84M6.85M5.73M9.35M8.70M10.82M13.87M9.46M7.22M8.87M8.15M8.67M5.60M8.81M5.43M5.28M8.54M
Free Cash Flow-1.90M1.39M2.35M-1.82M-237.00K7.65M12.78M10.22M1.41M-7.87M-14.37M8.59M34.12M36.26M42.17M21.50M41.35M25.26M29.16M24.25M40.38M44.70M53.14M66.17M23.33M-8.93M66.33M41.55M
Dividends Paid-------------------------1.14M--
FCF to OCF105.56%58.67%49.39%-2765.15%-21.58%85.37%84.36%73.82%19.42%699.73%147.76%59.54%83.28%86.34%81.85%71.19%79.26%64.55%75.51%77.07%81.99%84.57%85.97%92.19%72.58%255.11%92.63%82.96%
Dividend Paid to FCF--------------------------12.78%--

Earnings

Report DateFeb 2, 2000May 1, 2000Jul 31, 2000Nov 1, 2000Feb 5, 2001Apr 30, 2001Oct 30, 2001Jan 30, 2002Apr 29, 2002Jul 29, 2002Oct 29, 2002Feb 3, 2003Apr 29, 2003Jul 28, 2003Nov 3, 2003Feb 2, 2004May 3, 2004Jul 26, 2004Oct 25, 2004Jan 31, 2005Apr 26, 2005Jul 19, 2005Oct 28, 2005Jan 30, 2006Apr 26, 2006Jul 24, 2006Oct 30, 2006Jan 29, 2007May 2, 2007Jul 26, 2007Oct 23, 2007Jan 28, 2008Apr 28, 2008Jul 23, 2008Nov 3, 2008Feb 10, 2009May 4, 2009Jul 27, 2009Nov 3, 2009Feb 2, 2010Apr 29, 2010Jul 27, 2010Oct 27, 2010Feb 3, 2011Apr 28, 2011Jul 26, 2011Oct 26, 2011Feb 1, 2012May 1, 2012Jul 26, 2012Oct 26, 2012Jan 29, 2013Apr 25, 2013Jul 25, 2013Oct 24, 2013Jan 28, 2014Apr 30, 2014Jul 24, 2014Oct 28, 2014Jan 28, 2015Apr 30, 2015Jul 28, 2015Oct 28, 2015Feb 3, 2016May 3, 2016Jul 26, 2016Nov 1, 2016Feb 8, 2017Apr 25, 2017Aug 2, 2017Nov 1, 2017Feb 7, 2018May 2, 2018Aug 1, 2018Nov 7, 2018Feb 6, 2019May 1, 2019Jul 31, 2019Nov 6, 2019Feb 12, 2020May 6, 2020Jul 29, 2020Nov 4, 2020Feb 10, 2021May 5, 2021Jul 28, 2021Nov 3, 2021Feb 9, 2022May 3, 2022Aug 8, 2022Nov 2, 2022Feb 8, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 7, 2024May 8, 2024Jul 31, 2024Oct 31, 2024Feb 12, 2025May 7, 2025Jul 30, 2025Oct 29, 2025Feb 11, 2026May 7, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate0.000.010.020.000.040.05-0.05-0.05-0.05-0.03-0.020.020.020.030.040.070.070.080.100.110.110.030.030.060.020.030.020.04-0.01-0.05-0.04--0.03-0.08-0.07-0.02-0.05-0.020.040.100.090.100.120.140.130.150.160.190.180.220.220.240.150.160.160.220.170.180.190.270.210.240.130.160.070.050.040.050.010.040.030.070.050.080.110.170.120.130.160.240.150.120.170.220.140.150.190.220.180.200.160.170.140.130.070.120.130.160.200.240.230.260.270.300.280.28-
EPS Actual0.020.030.040.050.060.06-0.09-0.06-0.04-0.02-0.010.020.030.040.050.070.070.080.100.110.110.030.040.060.040.010.020.03-0.04-0.06-0.04-0.05-0.16-0.12-0.11-0.01-0.060.020.060.110.090.110.130.140.140.160.170.210.200.220.230.240.150.150.170.220.170.180.240.280.170.230.100.170.050.060.040.060.020.030.040.090.060.100.150.240.180.180.250.230.140.130.180.210.170.190.230.220.190.190.150.170.140.100.070.130.160.200.230.270.270.280.280.320.250.13-
Surprise-200.00%100.00%-50.00%20.00%-80.00%-20.00%20.00%33.33%50.00%0.00%50.00%33.33%25.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%33.33%0.00%100.00%-66.67%0.00%-25.00%-300.00%-20.00%0.00%--433.33%-50.00%-57.14%50.00%-20.00%200.00%50.00%10.00%0.00%10.00%8.33%0.00%7.69%6.67%6.25%10.53%11.11%0.00%4.55%0.00%0.00%-6.25%6.25%0.00%0.00%0.00%26.32%3.70%-19.05%-4.17%-23.08%6.25%-28.57%20.00%0.00%20.00%100.00%-25.00%33.33%28.57%20.00%25.00%36.36%41.18%50.00%38.46%56.25%-4.17%-6.67%8.33%5.88%-4.55%21.43%26.67%21.05%0.00%5.56%-5.00%-6.25%0.00%0.00%-23.08%0.00%8.33%23.08%25.00%15.00%12.50%17.39%7.69%3.70%6.67%-10.71%-53.57%-
Timing------After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-

Key Statistics & Ratios

Market Cap1.24B
Enterprise Value1.05B
Trailing P/E75.79
Forward P/E26.74
PEG Ratio30.49
Price / Sales3.91
Price / Book3.92
EPS0.39
Book Value7.62
Revenue (TTM)317.81M
Gross Profit (TTM)256.01M
EBITDA20.82M
Profit Margin5.33%
Operating Margin3.12%
Return on Equity4.67%
Return on Assets0.87%
Shares Outstanding42.08M
Shares Float32.21M
Beta0.86
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 30.50
  • Strong Buy
    1
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
85.01%
Insiders
14.79%
Retail / Other
0.20%

Top Institutional Holders

  • RIMA MANAGEMENT, LLC
    4.05M9.62%
  • Morgan Stanley - Brokerage Accounts
    3.06M7.26%
  • Penserra Capital Management, LLC
    2.94M7.00%
  • Artisan Partners Limited Partnership
    2.37M5.64%
  • Legal & General Group PLC
    2.30M5.46%
  • Acadian Asset Management LLC
    1.71M4.07%
  • Neuberger Berman Group LLC
    1.57M3.73%
  • BlackRock Inc
    1.53M3.64%
  • Renaissance Technologies Corp
    1.39M3.30%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    906.03K2.15%
  • Deutsche Bank AG
    866.53K2.06%
  • First Trust Advisors L.P.
    824.93K1.96%
  • Cooper Creek Partners Management LLC
    740.13K1.76%
  • Rice Hall James & Associates, LLC
    680.85K1.62%

Top Fund Holders

  • Amplify Cybersecurity ETF
    2.50M5.95%
  • L&G Cyber Security ETF
    1.69M4.01%
  • Artisan International Small-Mid Investor
    1.47M3.50%
  • Global X Cybersecurity ETF
    980.89K2.33%
  • First Trust NASDAQ Cybersecurity ETF
    763.71K1.81%
  • Herald Ord
    650.00K1.54%

Stock Splits

  • Apr 15, 20132:1