To the full analysis
Radware stock: growth
RDWRRadware reported $301.85M in revenue for fiscal 2025, up 9.8% on the prior year, up 3.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
7.1%
per year from 2006 to 2025, per share 6.2%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
19.5%
per year from 2006 to 2025, per share 18.5%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 3.8% | 3.4% | 7.1% |
| Revenue per share | 5.5% | 4.1% | 6.2% |
| Earnings | 16.0% | 0.9% | no data |
| Earnings per share | 17.5% | 1.6% | no data |
| Free cash flow | −4.8% | 5.1% | 19.5% |
| Free cash flow per share | −3.3% | 5.8% | 18.5% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $81.41M | −$1.28M | $1.41M |
| 2007 | $88.63M | −$12.01M | −$7.87M |
| 2008 | $94.58M | −$31.02M | −$14.37M |
| 2009 | $108.9M | −$5.94M | $8.59M |
| 2010 | $144.12M | $9.63M | $34.12M |
| 2011 | $167.02M | $21.34M | $36.26M |
| 2012 | $189.17M | $31.76M | $42.17M |
| 2013 | $193M | $18.06M | $21.5M |
| 2014 | $221.89M | $24.95M | $41.35M |
| 2015 | $216.57M | $18.57M | $25.26M |
| 2016 | $196.59M | −$8.66M | $29.16M |
| 2017 | $211.37M | −$7.49M | $24.25M |
| 2018 | $234.4M | $11.74M | $40.38M |
| 2019 | $252.07M | $22.57M | $44.7M |
| 2020 | $250.03M | $9.64M | $53.14M |
| 2021 | $286.5M | $7.81M | $66.17M |
| 2022 | $293.43M | −$166K | $23.33M |
| 2023 | $261.29M | −$21.59M | −$8.93M |
| 2024 | $274.88M | $6.04M | $66.33M |
| 2025 | $301.85M | $20.26M | $41.56M |
Revenue by segment
How Radware Ltd. makes its money and how that has shifted. Names are as the company reports them.
- Products63%
- Services37%
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| Products | $172.16M | $145.54M | $155.44M | $189.58M | 62.8% |
| Services | $121.27M | $115.75M | $119.44M | $112.27M | 37.2% |
| Total revenue | $293.43M | $261.29M | $274.88M | $301.85M | 100% |
Revenue by region
Where Radware Ltd. generates its revenue.
- Europe Middle East Africa$111.3M37%
- United States$92.7M31%
- Asia Pacific$66.1M22%
- America - other$31.8M11%
The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| Europe Middle East Africa | $111.25M | 36.9% |
| United States | $92.71M | 30.7% |
| Asia Pacific | $66.07M | 21.9% |
| America - other | $31.82M | 10.5% |
| Total revenue | $301.85M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 6 Mar 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.