RADWARE LTD RDWR
Last close
—
Market cap
—
52-week range
— - —
No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS0.45
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $301.9M | $274.9M | $261.3M | $293.4M | $286.5M | $250.0M | $252.1M | $234.4M | $211.4M | $196.6M |
| Cost of revenue | $58.3M | $53.3M | $51.7M | $53.9M | $52.4M | $45.1M | $45.2M | $41.7M | $39.6M | $35.7M |
| Gross profit | $243.5M | $221.6M | $209.6M | $239.5M | $234.1M | $204.9M | $206.9M | $192.7M | $171.8M | $160.9M |
| R&D | $79.0M | $74.7M | $82.6M | $86.6M | $74.1M | $66.8M | $61.8M | $57.7M | $59.0M | $51.7M |
| SG&A | $25.5M | $28.3M | $32.4M | $29.8M | $21.9M | $18.9M | $18.6M | $16.1M | $17.6M | $18.1M |
| Total operating expenses | $232.1M | $225.5M | $241.3M | $242.9M | $215.8M | $198.8M | $190.0M | $185.2M | $178.4M | $173.6M |
| Operating income | $11.4M | -$3.9M | -$31.7M | -$3.3M | $18.2M | $6.2M | $16.9M | $7.5M | -$6.7M | -$12.7M |
| Pre-tax income | $29.3M | $12.7M | -$17.8M | $4.7M | $22.6M | $14.0M | $25.7M | $14.8M | -$1.8M | -$7.0M |
| Income tax | $9.1M | $6.6M | $3.8M | $4.9M | $14.8M | $4.3M | $3.1M | $3.1M | $5.7M | $1.7M |
| Net income | $20.3M | $6.0M | -$21.6M | -$166.0K | $7.8M | $9.6M | $22.6M | $11.7M | -$7.5M | -$8.7M |
| EPS, basic | 0.47 | 0.14 | -0.50 | 0.00 | 0.17 | 0.21 | 0.48 | 0.26 | -0.17 | -0.20 |
| EPS, diluted | 0.45 | 0.14 | -0.50 | 0.00 | 0.16 | 0.20 | 0.47 | 0.25 | -0.17 | -0.20 |
| Shares, diluted (wtd. avg.) | $44.7M | $43.4M | $42.9M | $44.9M | $47.5M | $47.7M | $48.5M | $47.7M | $43.5M | $43.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $105.1M | $98.7M | $70.5M | $46.2M | $92.5M | $54.8M | $40.8M | $45.2M | $65.2M | $79.6M |
| Short-term investments | $15.9M | $73.0M | $86.4M | $44.2M | $39.5M | $64.7M | — | — | — | — |
| Receivables | $35.0M | $16.8M | $20.3M | $17.8M | $13.2M | $16.8M | $22.6M | $17.2M | $16.1M | $19.4M |
| Inventory | $13.2M | $14.0M | $15.5M | $11.4M | $11.6M | $13.9M | $13.9M | $18.4M | $18.8M | $17.1M |
| Total current assets | $316.5M | $320.9M | $375.9M | $334.4M | $320.7M | $347.8M | $222.0M | $359.0M | $250.5M | $266.8M |
| Property, plant and equipment | $16.5M | $15.6M | $18.2M | $21.1M | $20.2M | $23.0M | $23.0M | $23.7M | $23.6M | $26.4M |
| Goodwill | $68.0M | $68.0M | $68.0M | $68.0M | $41.1M | $41.1M | $41.1M | $32.2M | $32.2M | $30.1M |
| Other intangibles | $7.8M | $11.8M | $15.7M | $19.7M | $10.7M | $12.6M | $14.5M | $9.5M | $10.4M | $2.4M |
| Total assets | $671.2M | $618.7M | $571.9M | $643.6M | $635.4M | $623.3M | $595.2M | $532.7M | $471.4M | $430.3M |
| Accounts payable | $7.2M | $5.6M | $4.3M | $6.5M | $4.3M | $3.9M | $6.3M | $4.5M | $5.4M | $6.0M |
| Total current liabilities | $194.3M | $168.5M | $155.0M | $164.0M | $165.9M | $143.7M | $125.5M | $118.0M | $107.4M | $85.3M |
| Retained earnings | $146.1M | $125.8M | $119.8M | $141.4M | $141.6M | $133.8M | $124.1M | $101.6M | $82.3M | $89.8M |
| Total equity | $349.4M | $316.3M | $323.3M | $368.4M | $370.0M | $388.5M | $395.3M | $364.0M | $315.4M | $299.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $50.1M | $71.6M | -$3.5M | $32.1M | $71.8M | $63.9M | $52.9M | $49.3M | $31.5M | $38.5M |
| Depreciation and amortisation | $11.7M | $11.8M | $12.2M | $11.7M | $10.2M | $10.6M | $11.3M | $9.8M | $11.2M | $10.4M |
| Stock-based compensation | $24.0M | $26.0M | $34.0M | $27.4M | $17.6M | $16.5M | $13.1M | $12.5M | $13.0M | $11.5M |
| Capital expenditure | $8.5M | $5.3M | $5.4M | $8.8M | $5.6M | $8.7M | $8.2M | $8.9M | $7.2M | $9.4M |
| Investing cash flow | -$30.1M | -$39.5M | $92.8M | -$56.0M | $7.8M | -$14.4M | -$50.8M | -$85.5M | -$56.3M | $28.4M |
| Financing cash flow | -$13.7M | -$3.9M | -$64.9M | -$22.5M | -$41.9M | -$35.5M | -$6.5M | $16.2M | $10.5M | -$20.9M |
| Buybacks | $10.5M | $839.0K | $63.2M | $59.5M | $52.5M | $45.3M | $24.5M | $4.3M | $413.0K | $22.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001178913-26-001923.
Others in SIC 7389
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| MA | Mastercard Inc | $510.86B | 35.1x | 16.4% |
| RPAY | Repay Holdings Corp | $323.15B | — | -1.2% |
| UBER | Uber Technologies, Inc | $154.74B | 16.0x | 18.3% |
| ACN | Accenture plc | $114.31B | 15.4x | 7.4% |
| MELI | MERCADOLIBRE INC | $100.30B | 50.2x | 34.3% |
| DASH | DoorDash, Inc. | $91.98B | 99.4x | 27.9% |
| PYPL | PayPal Holdings, Inc. | $48.48B | 10.2x | 4.3% |
| EBAY | EBAY INC | $46.02B | 23.8x | 7.9% |