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
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