Radware (RDWR) Free Cash Flow (2014 - 2026)
Radware (RDWR) reported Free Cash Flow of $13.16 million for the quarter ended Jun 30, 2026, down 23.3% from $17.15 million a year earlier and down 35.1% from the prior quarter.
Radware (RDWR) Free Cash Flow (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Radware's Free Cash Flow came in at $51.38 million, down 27.3% year-over-year; for the year ended Dec 31, 2025, it came in at $58.63 million, down 23.8% from the prior year.
- Free Cash Flow has a five-year compound annual growth rate of -4.2% (years ended Dec 2020 to Dec 2025).
- By year, Free Cash Flow came in at $76.89 million in the year ended Dec 31, 2024, $1.93 million in the year ended Dec 31, 2023 (-95.3%), $40.96 million in the year ended Dec 31, 2022 (-47.1%) and $77.38 million in the year ended Dec 31, 2021 (+6.7%).
- Five-year quarterly Free Cash Flow spans a low of -$8.65 million in the quarter ended Sep 30, 2023 and a high of $33.86 million in the quarter ended Jun 30, 2022.
- Year over year, Free Cash Flow gained in three of the last six quarters, with growth averaging 44.7%.
- The high point for year-over-year Free Cash Flow in five years was the quarter ended Dec 31, 2024 (growth of 284.7%); the low point was the quarter ended Jun 30, 2023 (a decline of 80.9%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $20.29 million (quarter ended Mar 31, 2026), $20.21 million (quarter ended Dec 31, 2025) and -$2.29 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 1.25 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 405.86 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 965.60 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 83.80 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 305.98 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 233.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | -972,000.00 |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | - |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 2.18 Bn |
| 10 | Radware | 1.29 Bn | 858.57 Mn | 66.46 Mn | 13.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.16 Mn |
| Mar 31, 2026 | 20.29 Mn |
| Dec 31, 2025 | 20.21 Mn |
| Sep 30, 2025 | -2.29 Mn |
| Jun 30, 2025 | 17.15 Mn |
| Mar 31, 2025 | 23.55 Mn |
| Dec 31, 2024 | 13.81 Mn |
| Sep 30, 2024 | 16.12 Mn |
| Jun 30, 2024 | 24.06 Mn |
| Mar 31, 2024 | 22.90 Mn |
| Dec 31, 2023 | 3.59 Mn |
| Sep 30, 2023 | -8.65 Mn |
| Jun 30, 2023 | 6.46 Mn |
| Mar 31, 2023 | 532,000.00 |
| Dec 31, 2022 | 11.33 Mn |
| Sep 30, 2022 | 4.07 Mn |
| Jun 30, 2022 | 33.86 Mn |
| Mar 31, 2022 | -8.29 Mn |
| Dec 31, 2021 | 30.59 Mn |
| Sep 30, 2021 | 19.34 Mn |
Radware Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=RDWR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "RDWR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=RDWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();