Radware (RDWR) Free Cash Flow (2014 - 2026)
Radware (RDWR) posted quarterly Free Cash Flow of $20.3 million for Q1 2026, down 13.84% YoY from $23.6 million in Q1 2025, and little changed sequentially from $20.2 million in Q4 2025.
Radware (RDWR) Free Cash Flow (2014 - 2026) Analysis & Trends
Radware has disclosed Free Cash Flow across 13 years of filings, most recently posting $20.3 million for Q1 2026.
- In Q1 2026, Free Cash Flow fell 13.84% year-over-year to $20.3 million; the TTM figure through Mar 2026 stood at $55.4 million (down 28.6% YoY), while the FY2025 annual figure was $58.6 million, down 23.75% from the prior year.
- Free Cash Flow held at $20.3 million in Q1 2026, from $20.2 million in the prior quarter.
- Over the last five years, Free Cash Flow for RDWR reached as high as $33.9 million in Q2 2022 and fell as low as -$8.7 million in Q3 2023.
- The 5-year median for Free Cash Flow is $13.8 million (2024), against an average of $11.7 million.
- Annual changes were most pronounced in 2023 — Free Cash Flow sank 312.87% — and 2024, when it jumped 4203.76%.
- A 5-year view of Free Cash Flow shows it stood at $11.3 million in 2022, then plunged 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.
- According to Business Quant data, Free Cash Flow over the past three periods registered $20.3 million, $20.2 million, and -$2.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 15.80 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.85 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 891.76 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 384.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 395.40 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 1.02 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 93.10 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 821.51 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 935.02 Mn |
| 10 | Radware | 1.32 Bn | 1.12 Bn | 65.60 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 |