Radware (RDWR) Operating Expenses (2009 - 2026)
Radware's (RDWR) quarterly Operating Expenses came in at $60.2 million in Q1 2026, up 10.58% year-on-year from $54.4 million in Q1 2025, and down 1.07% on a QoQ basis from $60.8 million in Q4 2025.
Radware (RDWR) Operating Expenses (2009 - 2026) Analysis & Trends
Radware (RDWR) has 18 years of Operating Expenses data on file, last reported at $60.2 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 10.58% year-over-year to $60.2 million in Q1 2026; TTM through Mar 2026 was $235.8 million, a 5.25% increase from a year earlier, with the FY2025 full-year figure at $232.1 million, up 2.92% from the prior year.
- Operating Expenses for Q1 2026 stood at $60.2 million, down from $60.8 million in the prior quarter.
- Over the last five years, Operating Expenses for RDWR reached as high as $65.3 million in Q4 2022 and fell as low as $54.4 million in Q1 2025.
- Historically, Operating Expenses has averaged $58.8 million across 5 years, with a median of $59.0 million in 2023.
- Across the five-year window, Operating Expenses rose 14.88% in 2022 and dropped 9.67% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $65.3 million in 2022, then retreated by 8.68% to $59.6 million in 2023, then slipped by 2.62% to $58.0 million in 2024, then advanced by 4.79% to $60.8 million in 2025, then fell by 1.07% to $60.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $60.2 million in Q1 2026, $60.8 million in Q4 2025, and $57.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 8.75 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -363.49 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 13.05 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 662.79 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 1.51 Bn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 979.89 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 905.10 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Radware | 1.22 Bn | 979.12 Mn | 64.70 Mn | 60.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.18 Mn |
| Dec 31, 2025 | 60.83 Mn |
| Sep 30, 2025 | 57.65 Mn |
| Jun 30, 2025 | 57.10 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 |
| Jun 30, 2021 | 51.93 Mn |