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
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%