Radware (RDWR) Operating Expenses (2009 - 2026)

Radware (RDWR) posted quarterly Operating Expenses of $60.2 million for Q1 2026, up 10.58% YoY from $54.4 million in Q1 2025, and down 1.07% sequentially from $60.8 million in Q4 2025.

Radware (RDWR) Operating Expenses (2009 - 2026) Analysis & Trends

Radware has disclosed Operating Expenses across 18 years of filings, most recently posting $60.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 10.58% year-over-year to $60.2 million; the TTM figure through Mar 2026 stood at $235.8 million (up 5.25% YoY), while the FY2025 annual figure was $232.1 million, up 2.92% from the prior year.
  • Operating Expenses eased to $60.2 million in Q1 2026, 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.
  • The 5-year median for Operating Expenses is $59.0 million (2023), against an average of $58.8 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses advanced 14.88% — and 2024, when it fell 9.67%.
  • A 5-year view of Operating Expenses shows it stood at $65.3 million in 2022, then dropped by 8.68% to $59.6 million in 2023, then fell by 2.62% to $58.0 million in 2024, then increased by 4.79% to $60.8 million in 2025, then slipped by 1.07% to $60.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $60.2 million, $60.8 million, and $57.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 10.85 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 13.05 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 979.89 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 517.59 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.57 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.08 Bn
10 Radware 1.32 Bn 1.12 Bn 64.70 Mn 60.18 Mn

Historic Data

Download Data
DateValue
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