RDWRNasdaqServices-Business Services, NECFiscal year ends December 31
RADWARE LTD
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 31, 2026
$28.55+1.39 (+5.12%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 63.4
- Dividend yield
- –
RADWARE LTD revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Radware Core [Member] | $301.22M | $274.38M | $260.32M | $290.41M | $283.91M | – | – | – | – | – | 99.8% | +9.8% |
| Hawks [Member] | $628.00K | $496.00K | $970.00K | $3.02M | $2.58M | – | – | – | – | – | 0.2% | +26.6% |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Radware Core [Member] | $24.71M | $9.75M | -$16.80M | $8.42M | $24.11M | – | – | – | – | – | +153.5% |
| Hawks [Member] | -$13.30M | -$13.64M | -$14.88M | -$11.76M | -$5.89M | – | – | – | – | – | -2.4% |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Products [Member] | $189.58M | $155.44M | $145.54M | $172.16M | $170.44M | $132.93M | $133.61M | $118.06M | $117.97M | $110.19M | 62.8% | +22.0% |
| Subscriptions [Member] | $155.05M | $128.25M | $114.77M | $104.95M | $92.98M | $71.57M | $54.86M | $41.72M | – | – | 51.4% | +20.9% |
| Services [Member] | $112.27M | $119.44M | $115.75M | $121.27M | $116.06M | $117.09M | $118.47M | $116.34M | $93.40M | $86.40M | 37.2% | -6.0% |
| Services [Member] | $94.49M | $100.36M | $95.82M | $103.97M | $103.22M | $106.18M | $110.70M | $112.78M | – | – | 31.3% | -5.8% |
| Products [Member] | $52.31M | $46.28M | $50.70M | $84.51M | $90.29M | $72.29M | $86.51M | $79.91M | – | – | 17.3% | +13.0% |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMEA [Member] | $111.25M | $94.08M | $96.49M | $104.22M | $98.39M | $78.36M | – | – | – | – | 36.9% | +18.3% |
| United States | $92.71M | $83.43M | $72.96M | $94.01M | $98.94M | $93.71M | $85.45M | $82.99M | $78.46M | $67.95M | 30.7% | +11.1% |
| Asia Pacific [Member] | $66.07M | $63.07M | $61.37M | $65.26M | $59.34M | $57.25M | – | – | – | – | 21.9% | +4.8% |
| America - other [Member] | $31.82M | $34.31M | $30.47M | $29.93M | $29.83M | $20.71M | $20.98M | $19.50M | $19.44M | $16.78M | 10.5% | -7.3% |
| Asia Pacific [Member] | – | – | – | – | $59.34M | $57.25M | $70.37M | $56.16M | $56.88M | $58.13M | – | – |
| EMEA [Member] | – | – | – | – | $98.39M | $78.36M | $75.28M | $75.75M | $56.59M | $42.10M | – | – |
| Germany [Member] | – | – | – | – | – | – | – | $23.86M | $11.51M | $11.62M | – | – |
| Germany | – | – | – | – | – | – | – | $23.86M | – | – | – | – |
From the segment and revenue-disaggregation notes of Radware's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.