Radware (RDWR) FCF Margin (2014 - 2026)

Radware (RDWR) posted quarterly FCF Margin of 25.43% for Q1 2026, down 728.0% YoY from 4.05% in Q1 2025, and up 0.94% sequentially from 25.19% in Q4 2025.

Radware (RDWR) FCF Margin (2014 - 2026) Analysis & Trends

Radware has disclosed FCF Margin across 13 years of filings, most recently posting 25.43% for Q1 2026.

  • In Q1 2026, FCF Margin fell 728.0% year-over-year to 25.43%; the TTM figure through Mar 2026 stood at 17.88% (down 963.0% YoY), while the FY2025 annual figure was 19.42%, down 855.0% from the prior year.
  • FCF Margin grew to 25.43% in Q1 2026, from 25.19% in the prior quarter.
  • Over the last five years, FCF Margin for RDWR reached as high as 45.07% in Q2 2022 and fell as low as 14.04% in Q3 2023.
  • The 5-year median for FCF Margin is 18.91% (2024), against an average of 16.08%.
  • Annual changes were most pronounced in 2022 — FCF Margin plunged 3746 bps — and 2024, when it soared 3724 bps.
  • A 5-year view of FCF Margin shows it stood at 15.29% in 2022, then sank by 64 bps to 5.52% in 2023, then surged by 243 bps to 18.91% in 2024, then surged by 33 bps to 25.19% in 2025, then grew by 1 bps to 25.43% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 25.43%, 25.19%, and 3.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.07%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 72.18%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 54.62%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 14.80%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 30.29%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 55.21%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 14.55%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 34.10%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 15.44%
10 Radware 1.32 Bn 1.12 Bn 64.70 Mn 25.43%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.43%
Dec 31, 2025 25.19%
Sep 30, 2025 -3.04%
Jun 30, 2025 23.11%
Mar 31, 2025 32.70%
Dec 31, 2024 18.91%
Sep 30, 2024 23.20%
Jun 30, 2024 35.77%
Mar 31, 2024 35.18%
Dec 31, 2023 5.52%
Sep 30, 2023 -14.04%
Jun 30, 2023 9.85%
Mar 31, 2023 0.77%
Dec 31, 2022 15.29%
Sep 30, 2022 5.76%
Jun 30, 2022 45.07%
Mar 31, 2022 -11.24%
Dec 31, 2021 39.91%
Sep 30, 2021 26.34%
Jun 30, 2021 14.28%