Radware (RDWR) Intangibles (2009 - 2025)
Radware's Intangibles came in at $7.78 million for the quarter ended Dec 31, 2025, down 33.8% from $11.75 million a year earlier and down 11.3% from the prior quarter.
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Analysis
Radware (RDWR) Intangibles (2009 - 2025) Analysis & Trends
Going back to the quarter ended Dec 31, 2009, Radware's Intangibles data covers 57 quarters.
- Intangibles has declined in each of the last three years, with a five-year compound annual growth rate of -9.2% (years ended Dec 2020 to Dec 2025).
- Going back by year, Intangibles was $11.75 million in the year ended Dec 31, 2024 (-25.2%), $15.72 million in the year ended Dec 31, 2023 (-20.2%), $19.69 million in the year ended Dec 31, 2022 (+83.4%) and $10.73 million in the year ended Dec 31, 2021 (-14.8%).
- The figure for the quarter ended Dec 31, 2025 represents the lowest quarterly Intangibles since the quarter ended Dec 31, 2016.
- Year-over-year, Intangibles has declined for ten consecutive quarters, with an average decline of 26.7% over the last eight quarters.
- The fastest year-over-year change in Intangibles over five years came in the quarter ended Sep 30, 2022 (growth of 84.7%), and the weakest in the quarter ended Dec 31, 2025 (a decline of 33.8%).
- Business Quant data shows RDWR's Intangibles at $8.77 million (quarter ended Sep 30, 2025), $9.77 million (quarter ended Jun 30, 2025) and $10.76 million (quarter ended Mar 31, 2025) in the three quarters before the quarter ended Dec 31, 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 323.81 Bn | 308.88 Bn | 2.30 Bn | 7.02 Bn |
| 2 | CrowdStrike Holdings | 271.09 Bn | 251.53 Bn | 1.10 Bn | 273.24 Mn |
| 3 | Fortinet | 131.14 Bn | 117.07 Bn | 1.64 Bn | 77.10 Mn |
| 4 | Snowflake | 119.71 Bn | 107.03 Bn | 1.04 Bn | 426.53 Mn |
| 5 | Datadog | 98.30 Bn | 79.94 Bn | 881.34 Mn | 23.16 Mn |
| 6 | Okta | 34.95 Bn | 25.05 Bn | 641.00 Mn | 80.00 Mn |
| 7 | Axon Enterprise | 34.32 Bn | 28.85 Bn | 546.45 Mn | 281.58 Mn |
| 8 | Zscaler | 32.52 Bn | 18.64 Bn | - | 214.36 Mn |
| 9 | Baidu | 29.56 Bn | -44.07 Bn | 1.47 Mn | 736.00 Mn |
| 10 | Radware | 1.29 Bn | 858.57 Mn | 66.46 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 7.78 Mn |
| Sep 30, 2025 | 8.77 Mn |
| Jun 30, 2025 | 9.77 Mn |
| Mar 31, 2025 | 10.76 Mn |
| Dec 31, 2024 | 11.75 Mn |
| Sep 30, 2024 | 12.74 Mn |
| Jun 30, 2024 | 13.73 Mn |
| Mar 31, 2024 | 14.73 Mn |
| Dec 31, 2023 | 15.72 Mn |
| Sep 30, 2023 | 16.71 Mn |
| Jun 30, 2023 | 17.70 Mn |
| Mar 31, 2023 | 18.69 Mn |
| Dec 31, 2022 | 19.69 Mn |
| Sep 30, 2022 | 20.68 Mn |
| Dec 31, 2021 | 10.73 Mn |
| Sep 30, 2021 | 11.20 Mn |
| Jun 30, 2021 | 11.66 Mn |
| Mar 31, 2021 | 12.13 Mn |
| Dec 31, 2020 | 12.59 Mn |
| Dec 31, 2019 | 14.48 Mn |
API Access
Radware Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=RDWR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "RDWR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=RDWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();