Radware (RDWR) FCF Margin (2014 - 2026)
Radware's (RDWR) quarterly FCF Margin came in at 25.43% in Q1 2026, down 728.0% year-on-year from 4.05% in Q1 2025, and up 0.94% on a QoQ basis from 25.19% in Q4 2025.
Radware (RDWR) FCF Margin (2014 - 2026) Analysis & Trends
Radware (RDWR) has 13 years of FCF Margin data on file, last reported at 25.43% in Q1 2026.
- On a quarterly basis, FCF Margin fell 728.0% year-over-year to 25.43% in Q1 2026; TTM through Mar 2026 was 17.88%, a 963.0% decrease from a year earlier, with the FY2025 full-year figure at 19.42%, down 855.0% from the prior year.
- FCF Margin for Q1 2026 stood at 25.43%, up 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.
- Historically, FCF Margin has averaged 16.08% across 5 years, with a median of 18.91% in 2024.
- Across the five-year window, FCF Margin plunged 3746 bps in 2022 and jumped 3724 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 15.29% in 2022, then plunged 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 gained by 1 bps to 25.43% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 25.43% in Q1 2026, 25.19% in Q4 2025, and 3.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 55.19% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 23.47% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | -9.76% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 54.62% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 14.80% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 48.17% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 55.21% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 25.75% |
| 10 | Radware | 1.22 Bn | 979.12 Mn | 64.70 Mn | 25.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |