Radware (RDWR)
Securing and delivering applications across multi-cloud environments.
$29.48
vs last close−0.02 (−0.07%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 62 | 65 | 65 | 67 | 69 | 73 | 72 | 74 | 75 | 80 | 80 | 82 |
| Cost of revenue | 13 | 13 | 13 | 13 | 13 | 14 | 14 | 14 | 15 | 15 | 15 | 16 |
| Gross profit | 49 | 52 | 52 | 54 | 56 | 59 | 58 | 60 | 61 | 65 | 65 | 66 |
| 59 | 60 | 56 | 55 | 56 | 58 | 57 | 57 | 58 | 61 | 60 | 64 | |
| Research & development | 21 | 20 | 19 | 19 | 19 | 18 | 19 | 19 | 20 | 21 | 21 | 24 |
| 38 | 40 | 37 | 37 | 37 | 40 | 38 | 38 | 38 | 40 | 39 | 40 | |
| Selling & marketing | 31 | 32 | 30 | 30 | 31 | 33 | 31 | 31 | 32 | 33 | 0 | 32 |
| General & administrative | 8 | 8 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 0 | 8 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −10 | −7 | −4 | −1 | 0 | 1 | 2 | 3 | 3 | 4 | 5 | 2 |
| 4 | 3 | 4 | 4 | 5 | 4 | 5 | 4 | 5 | 5 | 3 | 4 | |
| Interest income | 4 | 3 | 4 | 4 | 5 | 2 | 5 | 2 | 4 | 4 | 3 | 4 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | 0 | −3 | −4 | −4 | −5 | −4 | −5 | −4 | −5 | −5 | −3 | 0 |
| Income before tax | −6 | −4 | 0 | 3 | 5 | 5 | 6 | 6 | 8 | 9 | 8 | 6 |
| Income tax expense | 0 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Net income from continuing operations | −7 | −6 | −1 | 2 | 3 | 2 | 4 | 4 | 6 | 6 | 6 | 4 |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −3 | −2 |
| Net income | −7 | −6 | −1 | 2 | 3 | 2 | 4 | 4 | 6 | 6 | 4 | 2 |
| EPS, basic | −$0.16 | −$0.14 | −$0.03 | $0.04 | $0.07 | $0.06 | $0.10 | $0.10 | $0.13 | $0.14 | $0.08 | $0.04 |
| EPS, diluted | −$0.16 | −$0.14 | −$0.03 | $0.04 | $0.07 | $0.06 | $0.10 | $0.09 | $0.13 | $0.13 | $0.08 | $0.04 |
| Weighted average shares, basic | 42 | 42 | 42 | 42 | 42 | 42 | 43 | 43 | 43 | 43 | 43 | 42 |
| Weighted average shares, diluted | 42 | 42 | 42 | 43 | 44 | 44 | 44 | 45 | 45 | 45 | 44 | 44 |
| EBITDA | −7 | −1 | 3 | 6 | 8 | 7 | 10 | 9 | 11 | 11 | 11 | 5 |
| Depreciation & amortization | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| EBIT | −10 | −4 | 0 | 3 | 5 | 5 | 6 | 6 | 8 | 9 | 8 | 2 |
