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| 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 |