15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $302M | $20M | 80.7% | 3.8% | 5.8% | 3.0% | $42M | — | $105M |
| 2024 | $275M | $6M | 80.6% | -1.4% | 1.9% | 1.0% | $66M | — | $99M |
| 2023 | $261M | -$22M | 80.2% | -12.1% | -7.6% | -3.8% | -$9M | — | $71M |
| 2022 | $293M | -$166000 | 81.6% | -1.1% | -0.0% | -0.0% | $23M | — | $46M |
| 2021 | $286M | $8M | 81.7% | 6.4% | 2.1% | 1.2% | $66M | — | $93M |
| 2020 | $250M | $10M | 82.0% | 2.5% | 2.5% | 1.5% | $55M | — | $55M |
| 2019 | $252M | $23M | 82.1% | 6.7% | 5.7% | 3.8% | $45M | — | $41M |
| 2018 | $234M | $12M | 82.2% | 3.2% | 3.2% | 2.2% | $40M | — | $45M |
| 2017 | $211M | -$7M | 81.3% | -3.2% | -2.4% | -1.6% | $24M | — | $65M |
| 2016 | $197M | -$9M | 81.8% | -6.5% | -2.9% | -2.0% | $29M | — | $80M |
| 2015 | — | $19M | — | — | 5.8% | 4.3% | $25M | — | $34M |
| 2014 | — | $25M | — | — | 7.5% | 5.6% | — | — | $45M |
| 2013 | — | $18M | — | — | 6.1% | 4.6% | — | — | $20M |
| 2012 | — | $32M | — | — | 11.7% | 8.9% | $42M | — | $20M |
| 2011 | — | $21M | — | — | 9.7% | 7.2% | $36M | — | $17M |
How the market has priced RDWR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, RADWARE LTD's revenue has grown 3.8% per year, and net income grown 16.0% per year. These are computed facts, not advice.
As of FY2025, RADWARE LTD reported — of total debt against $105M of cash.
In FY2025, gross margin was 80.7%, operating margin 3.8%, and net margin 6.7%.
As of Sep '26, RADWARE LTD traded at a price-to-earnings ratio of about 63.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.