Radware (RDWR) Operating Expenses (2009 - 2026)
Radware (RDWR) posted quarterly Operating Expenses of $64.0 million for Q2 2026, up 16.15% year-over-year from $55.1 million in Q2 2025, and up 6.33% quarter-over-quarter from $60.2 million in Q1 2026.
Radware (RDWR) Operating Expenses (2009 - 2026) Analysis & Trends
Radware (RDWR) has reported Operating Expenses for 18 consecutive years, with $64.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 16.15% year-over-year to $64.0 million; the TTM figure through Jun 2026 stood at $242.7 million (up 8.49% YoY), while the FY2025 annual figure was $232.1 million, up 2.92% from the prior year.
- Operating Expenses improved to $64.0 million in Q2 2026 per RDWR's latest filing, from $60.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $65.3 million in Q4 2022 and bottomed at $54.4 million in Q1 2025.
- Historically, Operating Expenses has averaged $59.0 million across 5 years, with a median of $59.3 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses fell 9.67% — and 2026, when it rose 16.15%.
- Radware's Operating Expenses stood at $65.3 million in 2022, then declined by 8.68% to $59.6 million in 2023, then retreated by 2.62% to $58.0 million in 2024, then rose by 4.79% to $60.8 million in 2025, then grew by 5.2% to $64.0 million in 2026.
- Business Quant data shows RDWR's Operating Expenses at $64.0 million in Q2 2026, $60.2 million in Q1 2026, and $60.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Radware | 1.19 Bn | 969.31 Mn | 66.46 Mn | 63.99 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.99 Mn |
| Mar 31, 2026 | 60.18 Mn |
| Dec 31, 2025 | 60.83 Mn |
| Sep 30, 2025 | 57.65 Mn |
| Jun 30, 2025 | 55.09 Mn |
| Mar 31, 2025 | 54.42 Mn |
| Dec 31, 2024 | 58.05 Mn |
| Sep 30, 2024 | 56.10 Mn |
| Jun 30, 2024 | 55.43 Mn |
| Mar 31, 2024 | 55.94 Mn |
| Dec 31, 2023 | 59.61 Mn |
| Sep 30, 2023 | 58.97 Mn |
| Jun 30, 2023 | 61.37 Mn |
| Mar 31, 2023 | 61.32 Mn |
| Dec 31, 2022 | 65.27 Mn |
| Sep 30, 2022 | 60.78 Mn |
| Jun 30, 2022 | 59.65 Mn |
| Mar 31, 2022 | 57.18 Mn |
| Dec 31, 2021 | 57.73 Mn |
| Sep 30, 2021 | 54.25 Mn |