Financials in USD. Standardized financial statements.
A compact view of how Radware Ltd. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $301.85M | $274.88M | $261.29M | $293.43M | $286.50M | $250.03M | $252.07M | $234.40M | $211.37M | $196.59M |
| Revenue Growth? | +9.8% | +5.2% | -11.0% | +2.4% | +14.6% | -0.8% | +7.5% | +10.9% | +7.5% | 0.0% |
| Cost of Revenue? | $58.34M | $53.25M | $51.71M | $53.88M | $52.45M | $45.08M | $45.17M | $41.67M | $39.62M | $35.70M |
| Gross Profit? | $243.51M | $221.63M | $209.58M | $239.54M | $234.05M | $204.94M | $206.90M | $192.73M | $171.75M | $160.89M |
| Gross Margin? | +80.7% | +80.6% | +80.2% | +81.6% | +81.7% | +82.0% | +82.1% | +82.2% | +81.3% | +81.8% |
| Operating Expenses? | $232.10M | $225.51M | $241.26M | $242.88M | $215.82M | $198.78M | $189.98M | $185.21M | $178.42M | $173.64M |
| Operating Income? | $11.41M | -$3.89M | -$31.68M | -$3.34M | $18.23M | $6.17M | $16.92M | $7.52M | -$6.67M | -$12.75M |
| EBITDA? | $23.09M | $7.95M | -$19.44M | $8.35M | $28.42M | $16.73M | $28.20M | $17.31M | $4.56M | -$2.38M |
| Income Before Tax | $29.31M | $12.66M | -$17.75M | $4.71M | $22.63M | $13.96M | $25.71M | $14.80M | -$1.84M | -$7.01M |
| Income Tax Expense | $9.05M | $6.63M | $3.84M | $4.88M | $14.82M | $4.33M | $3.14M | $3.06M | $5.65M | $1.65M |
| Net Income? | $20.26M | $6.04M | -$21.59M | -$166,000 | $7.81M | $9.64M | $22.57M | $11.73M | -$7.49M | -$8.66M |
| EPS? | $0.47 | $0.14 | $-0.50 | $-0.00 | $0.17 | $0.21 | $0.48 | $0.25 | $-0.17 | $-0.20 |
| Diluted EPS? | $0.45 | $0.14 | $-0.50 | $-0.00 | $0.16 | $0.20 | $0.47 | $0.25 | $-0.17 | $-0.20 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality