Radware (RDWR) Free Cash Flow (2014 - 2026)

Radware's (RDWR) quarterly Free Cash Flow came in at $20.3 million in Q1 2026, down 13.84% year-on-year from $23.6 million in Q1 2025, and little changed on a QoQ basis 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.

  • On a quarterly basis, Free Cash Flow fell 13.84% year-over-year to $20.3 million in Q1 2026; TTM through Mar 2026 was $55.4 million, a 28.6% 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 for Q1 2026 stood at $20.3 million, roughly flat 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.
  • Historically, Free Cash Flow has averaged $11.7 million across 5 years, with a median of $13.8 million in 2024.
  • Across the five-year window, Free Cash Flow sank 312.87% in 2023 and surged 4203.76% in 2024, its largest moves.
  • Year by year, Free Cash Flow stood at $11.3 million in 2022, then tumbled 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 climbed by 0.4% to $20.3 million in 2026.
  • Per Business Quant data, the three most recent Free Cash Flow figures were $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 2,921.46 Bn 2,797.02 Bn 56.06 Bn 45.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 223.25 Mn
3 Oracle 344.13 Bn 312.24 Bn - -1.87 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 891.76 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 384.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 628.76 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 1.02 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 164.72 Mn
10 Radware 1.22 Bn 979.12 Mn 64.70 Mn 20.29 Mn

Historic Data

Download Data
DateValue
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