Radware (RDWR) Research & Development (2009 - 2026)
Radware (RDWR) reported Research & Development of $23.77 million for the quarter ended Jun 30, 2026, up 30.9% from $18.16 million a year earlier and up 12.7% from the prior quarter.
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Analysis
Radware (RDWR) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Radware's Research & Development came in at $85.7 million, up 17.7% year-over-year; for the year ended Dec 31, 2025, it was $78.98 million, up 5.7% from the prior year.
- Research & Development has a five-year compound annual growth rate of 3.4% (years ended Dec 2020 to Dec 2025).
- By year, Research & Development came in at $74.72 million in the year ended Dec 31, 2024 (-9.6%), $82.62 million in the year ended Dec 31, 2023 (-4.6%), $86.56 million in the year ended Dec 31, 2022 (+16.8%) and $74.1 million in the year ended Dec 31, 2021 (+10.9%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Research & Development in data going back to the quarter ended Mar 31, 2009.
- Year over year, Research & Development has now increased in each of the last four quarters, with growth averaging 5.7% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was the quarter ended Jun 30, 2026 (growth of 30.9%); the low point was the quarter ended Dec 31, 2023 (a decline of 12.3%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $21.1 million (quarter ended Mar 31, 2026), $21.13 million (quarter ended Dec 31, 2025) and $19.69 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 255.42 Bn | 240.49 Bn | 2.30 Bn | 779.00 Mn |
| 2 | CrowdStrike Holdings | 232.07 Bn | 212.47 Bn | 1.10 Bn | 444.20 Mn |
| 3 | Fortinet | 125.35 Bn | 111.28 Bn | 1.64 Bn | 225.00 Mn |
| 4 | Snowflake | 111.63 Bn | 98.94 Bn | 1.04 Bn | 567.48 Mn |
| 5 | Datadog | 91.35 Bn | 72.99 Bn | 881.34 Mn | 477.97 Mn |
| 6 | Zscaler | 34.43 Bn | 20.55 Bn | - | - |
| 7 | Okta | 33.87 Bn | 23.97 Bn | 641.00 Mn | 163.00 Mn |
| 8 | Axon Enterprise | 31.65 Bn | 26.18 Bn | 546.45 Mn | 208.69 Mn |
| 9 | MongoDB | 29.46 Bn | 19.93 Bn | 569.77 Mn | 213.87 Mn |
| 10 | Radware | 1.26 Bn | 787.26 Mn | 66.46 Mn | 23.77 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.77 Mn |
| Mar 31, 2026 | 21.10 Mn |
| Dec 31, 2025 | 21.13 Mn |
| Sep 30, 2025 | 19.69 Mn |
| Jun 30, 2025 | 18.16 Mn |
| Mar 31, 2025 | 17.55 Mn |
| Dec 31, 2024 | 18.47 Mn |
| Sep 30, 2024 | 18.65 Mn |
| Jun 30, 2024 | 18.70 Mn |
| Mar 31, 2024 | 18.90 Mn |
| Dec 31, 2023 | 19.71 Mn |
| Sep 30, 2023 | 20.61 Mn |
| Jun 30, 2023 | 21.14 Mn |
| Mar 31, 2023 | 21.15 Mn |
| Dec 31, 2022 | 22.49 Mn |
| Sep 30, 2022 | 22.08 Mn |
| Jun 30, 2022 | 21.62 Mn |
| Mar 31, 2022 | 20.37 Mn |
| Dec 31, 2021 | 19.60 Mn |
| Sep 30, 2021 | 18.64 Mn |
API Access
Radware Research & Development 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=research-and-development&ticker=RDWR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=RDWR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();