Radware (RDWR) Research & Development (2009 - 2026)
Radware (RDWR) posted quarterly Research & Development of $23.8 million for Q2 2026, up 30.89% year-over-year from $18.2 million in Q2 2025, and up 12.65% quarter-over-quarter from $21.1 million in Q1 2026.
Radware (RDWR) Research & Development (2009 - 2026) Analysis & Trends
Radware (RDWR) has reported Research & Development for 18 consecutive years, with $23.8 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Research & Development rose 30.89% year-over-year to $23.8 million; the TTM figure through Jun 2026 stood at $85.7 million (up 17.66% YoY), while the FY2025 annual figure was $79.0 million, up 5.7% from the prior year.
- Research & Development improved to $23.8 million in Q2 2026 per RDWR's latest filing, from $21.1 million in the prior quarter.
- Across five years, Research & Development topped out at $23.8 million in Q2 2026 and bottomed at $17.6 million in Q1 2025.
- Historically, Research & Development has averaged $20.3 million across 5 years, with a median of $20.5 million in 2022.
- Annual changes were most pronounced in 2023 — Research & Development declined 12.34% — and 2026, when it jumped 30.89%.
- Radware's Research & Development stood at $22.5 million in 2022, then retreated by 12.34% to $19.7 million in 2023, then retreated by 6.29% to $18.5 million in 2024, then grew by 14.4% to $21.1 million in 2025, then advanced by 12.5% to $23.8 million in 2026.
- Business Quant data shows RDWR's Research & Development at $23.8 million in Q2 2026, $21.1 million in Q1 2026, and $21.1 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Radware | 1.19 Bn | 969.31 Mn | 66.46 Mn | 23.77 Mn |
Historic Data
Download 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 |