Radware (RDWR) Operating Expenses (2009 - 2026)
Radware's Operating Expenses came in at $63.99 million for the quarter ended Jun 30, 2026, up 16.2% from $55.09 million a year earlier and up 6.3% from the prior quarter.
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Analysis
Radware (RDWR) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Radware reported Operating Expenses of $242.66 million, up 8.5% year-over-year; for the year ended Dec 31, 2025, it came in at $232.1 million, up 2.9% from the prior year.
- Operating Expenses carries a five-year compound annual growth rate of 3.1% (years ended Dec 2020 to Dec 2025).
- Going back by year, Operating Expenses was $225.52 million in the year ended Dec 31, 2024 (-6.5%), $241.26 million in the year ended Dec 31, 2023 (-0.7%), $242.88 million in the year ended Dec 31, 2022 (+12.5%) and $215.83 million in the year ended Dec 31, 2021 (+8.6%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Operating Expenses since the quarter ended Dec 31, 2022.
- Year-over-year, Operating Expenses has increased for four consecutive quarters, with growth averaging 2.9% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in the quarter ended Jun 30, 2026 (growth of 16.2%), and the weakest in the quarter ended Jun 30, 2024 (a decline of 9.7%).
- Business Quant data shows RDWR's Operating Expenses at $60.18 million (quarter ended Mar 31, 2026), $60.83 million (quarter ended Dec 31, 2025) and $57.65 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 2.13 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 1.13 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 953.90 Mn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 1.30 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 875.89 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 499.67 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 534.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 4.17 Bn |
| 10 | Radware | 1.27 Bn | 843.46 Mn | 66.46 Mn | 63.99 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Radware Operating Expenses 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=operating-expenses&ticker=RDWR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=RDWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();