Radware (RDWR) Free Cash Flow (2014 - 2026)
Radware's (RDWR) quarterly Free Cash Flow came in at $13.2 million in 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.
Analysis
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.
- On a quarterly basis, Free Cash Flow fell 23.25% year-over-year to $13.2 million in Q2 2026; TTM through Jun 2026 was $51.4 million, a 27.26% decrease from a year earlier, with the FY2025 full-year figure at $58.6 million, down 23.75% from the prior year.
- Free Cash Flow was $13.2 million for Q2 2026 at Radware, down from $20.3 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $33.9 million in Q2 2022 and troughed at -$8.7 million in Q3 2023.
- A 5-year average of $11.8 million and a median of $13.5 million in 2024 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow plunged 312.87% in 2023 and soared 4203.76% in 2024, its largest moves.
- Over 5 years, Free Cash Flow stood at $11.3 million in 2022, then tumbled by 68.32% to $3.6 million in 2023, then surged by 284.73% to $13.8 million in 2024, then soared by 46.38% to $20.2 million in 2025, then sank by 34.88% to $13.2 million in 2026.
- The last three Free Cash Flow figures came in at $13.2 million (Q2 2026), $20.3 million (Q1 2026), and $20.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 788.00 Mn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 405.86 Mn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 965.60 Mn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | -972,000.00 |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 280.61 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 71.25 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 430.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 176.70 Mn |
| 10 | Radware | 1.20 Bn | 1.09 Bn | 66.46 Mn | 13.16 Mn |
Historic Data
Download Data
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 |