Radware (RDWR) Free Cash Flow (2014 - 2026)
Radware (RDWR) reported Free Cash Flow of $20.3 million for Q1 2026, down 13.84% year-over-year from $23.6 million in Q1 2025, and little changed quarter-over-quarter from $20.2 million in Q4 2025.
Radware (RDWR) Free Cash Flow (2014 - 2026) Analysis & Trends
Radware (RDWR) has 13 years of Free Cash Flow data on file, last reported at $20.3 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at $20.3 million, down 13.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $55.4 million (down 28.6% YoY), and the FY2025 annual result was $58.6 million, down 23.75% from the prior year.
- Free Cash Flow steadied at $20.3 million in Q1 2026 per RDWR's latest filing, from $20.2 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 $11.7 million and a median of $13.8 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow tumbled 312.87% in 2023, then jumped 4203.76% in 2024.
- A 5-year view of Free Cash Flow shows it stood at $11.3 million in 2022, then slumped by 68.32% to $3.6 million in 2023, then soared by 284.73% to $13.8 million in 2024, then jumped by 46.38% to $20.2 million in 2025, then rose by 0.4% to $20.3 million in 2026.
- Business Quant data shows RDWR's Free Cash Flow at $20.3 million in Q1 2026, $20.2 million in Q4 2025, and -$2.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 15.80 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 9.49 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 891.76 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 384.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 395.40 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 1.02 Bn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 821.51 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 93.10 Mn |
| 10 | Radware | 21.76 Bn | 21.52 Bn | 64.70 Mn | 20.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 3.59 Mn |
| Dec 31, 2023 | 3.59 Mn |