Radware (RDWR) Free Cash Flow (2014 - 2026)
Radware (RDWR) posted quarterly Free Cash Flow of $13.2 million for Q2 2026, down 23.25% year-over-year from $17.2 million in Q2 2025, and down 35.14% quarter-over-quarter from $20.3 million in Q1 2026.
Radware (RDWR) Free Cash Flow (2014 - 2026) Analysis & Trends
Radware (RDWR) has reported Free Cash Flow for 13 consecutive years, with $13.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Free Cash Flow fell 23.25% year-over-year to $13.2 million; the TTM figure through Jun 2026 stood at $51.4 million (down 27.26% YoY), while the FY2025 annual figure was $58.6 million, down 23.75% from the prior year.
- Free Cash Flow retreated to $13.2 million in Q2 2026 per RDWR's latest filing, from $20.3 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $33.9 million in Q2 2022 and bottomed at -$8.7 million in Q3 2023.
- Historically, Free Cash Flow has averaged $11.8 million across 5 years, with a median of $13.5 million in 2024.
- Annual changes were most pronounced in 2023 — Free Cash Flow tumbled 312.87% — and 2024, when it jumped 4203.76%.
- Radware's Free Cash Flow stood at $11.3 million in 2022, then tumbled by 68.32% to $3.6 million in 2023, then jumped by 284.73% to $13.8 million in 2024, then surged by 46.38% to $20.2 million in 2025, then sank by 34.88% to $13.2 million in 2026.
- Business Quant data shows RDWR's Free Cash Flow at $13.2 million in Q2 2026, $20.3 million in Q1 2026, and $20.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 19.64 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.20 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -1.87 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 788.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 965.60 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 67.60 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 775.42 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -5.74 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | -7.56 Bn |
| 10 | Radware | 1.19 Bn | 969.31 Mn | 66.46 Mn | 13.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.16 Mn |
| Jun 30, 2026 | 13.16 Mn |
| Mar 31, 2026 | 20.29 Mn |
| Mar 31, 2026 | 20.29 Mn |
| Dec 31, 2025 | 20.21 Mn |
| Dec 31, 2025 | 20.21 Mn |
| Sep 30, 2025 | -2.29 Mn |
| Sep 30, 2025 | -2.29 Mn |
| Jun 30, 2025 | 17.15 Mn |
| Jun 30, 2025 | 17.15 Mn |
| Mar 31, 2025 | 23.55 Mn |
| Mar 31, 2025 | 23.55 Mn |
| Dec 31, 2024 | 13.81 Mn |
| Dec 31, 2024 | 13.81 Mn |
| Sep 30, 2024 | 16.12 Mn |
| Sep 30, 2024 | 16.12 Mn |
| Jun 30, 2024 | 24.06 Mn |
| Jun 30, 2024 | 24.06 Mn |
| Mar 31, 2024 | 22.90 Mn |
| Mar 31, 2024 | 22.90 Mn |