Radware (RDWR) Q4 2025 Earnings Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 01 2026
0mins
Source: NASDAQ.COM
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Analyst Views on RDWR
Wall Street analysts forecast RDWR stock price to rise
3 Analyst Rating
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 27.330
Low
25.00
Averages
30.00
High
35.00
Current: 27.330
Low
25.00
Averages
30.00
High
35.00
About RDWR
Radware Ltd. is a provider of cyber security and application delivery solutions. The Company's solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications. The Company's products and activities are focused on protecting against cyber-attacks and ensuring optimal application service level for enterprises' and carriers' data centers. Its solutions include application and network security, and application delivery. Its application and network Security products include DefensePro Attack Mitigation Device, AppWall Web Application Firewall, DefenseFlow Cyber Command and Control application, and DefensePipe Cloud Scrubbing Service. Its application delivery products include Alteon NG, LinkProof NG and FastView. Its management solutions include APSolute Vision, application performance monitoring and vDirect.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Service Launch: Radware has introduced AI Xploit Shield, designed to provide organizations with rapid protection against exploitation of newly discovered vulnerabilities, particularly as AI models accelerate vulnerability discovery, intensifying security challenges for businesses.
- Automated Protection: This service utilizes virtual patching technology to automatically generate tailored protections for specific applications and APIs, enabling organizations to effectively block attacks during patch testing and deployment, thereby reducing operational risk.
- Market Demand Response: With the accelerating pace of vulnerability discovery, the launch of AI Xploit Shield not only meets the urgent need for rapid response from businesses but also helps maintain security during the remediation process, enhancing Radware's competitiveness in the cybersecurity market.
- Strategic Implications: The release of AI Xploit Shield expands Radware's AI-powered cloud security platform, demonstrating the company's ongoing investment in addressing evolving cyber threats and aiming to enhance customer security capabilities.
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- Meeting Outcomes: At the Annual General Meeting held on May 25, 2026, Radware presented three proposals, all of which were adopted by the requisite shareholder vote, indicating strong shareholder support for the company's strategic direction and enhancing governance stability.
- Company Overview: Radware is a global leader in application security and delivery solutions for multi-cloud environments, utilizing AI-driven algorithms for real-time protection against sophisticated cyber threats, ensuring business continuity and brand safety for enterprises.
- Market Demand: As cyberattacks become increasingly complex, Radware's API and AI security solutions are widely relied upon by global enterprises, which is expected to drive further growth in the cybersecurity market and enhance market share.
- Future Outlook: The company emphasized its future business strategies and market opportunities during the shareholder meeting, indicating a commitment to continued investment in innovation and technology development to address the evolving cybersecurity landscape and strengthen competitive advantages.
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- Earnings Beat: Radware reported a Q1 non-GAAP EPS of $0.30, surpassing expectations by $0.02, indicating ongoing improvements in profitability and boosting investor confidence.
- Significant Revenue Growth: The company achieved revenues of $79.8 million in Q1, a 10.7% year-over-year increase that exceeded expectations by $1.08 million, demonstrating robust business growth amid rising market demand.
- Cloud Business Expansion: Cloud ARR reached $98 million, reflecting a 23% year-over-year increase, showcasing Radware's strong performance in the cloud services sector and further solidifying its market position.
- Strong Cash Flow: Cash flow from continuing operations amounted to $19.9 million, indicating good operational efficiency and financial health, providing support for future investments and expansion.
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- Earnings Announcement: Radware is scheduled to announce its Q1 earnings on May 7 before market open, with a consensus EPS estimate of $0.28, reflecting a 3.7% year-over-year growth, indicating stable profitability.
- Revenue Expectations: The expected revenue for Q1 is $78.72 million, representing a 9.2% year-over-year increase, which suggests strong sales performance amid rising market demand, potentially boosting investor confidence.
- Track Record of Beating Estimates: Over the past two years, Radware has consistently beaten EPS and revenue estimates 100% of the time, showcasing its strong market adaptability and effective management, further solidifying its position in the industry.
- Estimate Revision Trends: In the last three months, EPS estimates have seen one upward and one downward revision, while revenue estimates have experienced three upward revisions with no downward adjustments, indicating growing analyst confidence in the company's future performance, which may attract more investor interest.
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