Radware (RDWR) Operating Expenses (2009 - 2026)
Radware (RDWR) reported Operating Expenses of $60.2 million for Q1 2026, up 10.58% year-over-year from $54.4 million in Q1 2025, and down 1.07% quarter-over-quarter 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.
- Operating Expenses for Q1 2026 came in at $60.2 million, up 10.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $235.8 million (up 5.25% YoY), and the FY2025 annual result was $232.1 million, up 2.92% from the prior year.
- Operating Expenses retreated to $60.2 million in Q1 2026 per RDWR's latest filing, from $60.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $65.3 million in Q4 2022 and troughed at $54.4 million in Q1 2025.
- A 5-year average of $58.8 million and a median of $59.0 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses advanced 14.88% in 2022, then fell 9.67% in 2024.
- 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.
- Business Quant data shows RDWR's Operating Expenses at $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 | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 10.85 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 6.42 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 11.73 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 662.79 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 1.51 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 979.89 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 905.10 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 1.57 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 517.59 Mn |
| 10 | Radware | 21.76 Bn | 21.52 Bn | 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 |