Radware (RDWR) Research & Development (2009 - 2026)
Radware's (RDWR) quarterly Research & Development came in at $32.3 million in Q2 2026, up 4.97% year-over-year from $30.7 million in Q2 2025, and down 1.01% quarter-over-quarter from $32.6 million in Q1 2026.
Analysis
Radware (RDWR) Research & Development (2009 - 2026) Analysis & Trends
Radware (RDWR) has reported Research & Development for 18 consecutive years, with $32.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 4.97% year-over-year to $32.3 million in Q2 2026; TTM through Jun 2026 was $129.8 million, a 4.38% increase from a year earlier, with the FY2025 full-year figure at $127.6 million, up 4.19% from the prior year.
- Research & Development was $32.3 million for Q2 2026 at Radware, down from $32.6 million in the prior quarter.
- Over five years, Research & Development peaked at $33.4 million in Q4 2025 and troughed at $29.7 million in Q1 2024.
- A 5-year average of $31.5 million and a median of $31.7 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development advanced 10.4% in 2022 and fell 6.95% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $32.5 million in 2022, then declined by 2.07% to $31.9 million in 2023, then increased by 2.0% to $32.5 million in 2024, then increased by 2.73% to $33.4 million in 2025, then dropped by 3.38% to $32.3 million in 2026.
- The last three Research & Development figures came in at $32.3 million (Q2 2026), $32.6 million (Q1 2026), and $33.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 269.46 Bn | 266.34 Bn | 2.03 Bn | 1.16 Bn |
| 2 | CrowdStrike Holdings | 213.75 Bn | 208.74 Bn | 1.10 Bn | 509.97 Mn |
| 3 | Fortinet | 115.33 Bn | 111.27 Bn | 1.64 Bn | 669.10 Mn |
| 4 | Axon Enterprise | 40.70 Bn | 40.03 Bn | 546.45 Mn | 208.69 Mn |
| 5 | Zscaler | 25.94 Bn | 22.46 Bn | - | - |
| 6 | F5 | 22.10 Bn | 20.50 Bn | 711.51 Mn | 238.03 Mn |
| 7 | Rubrik | 18.86 Bn | 17.11 Bn | 335.12 Mn | 224.45 Mn |
| 8 | Gen Digital | 17.83 Bn | 17.27 Bn | 1.03 Bn | 300.00 Mn |
| 9 | Check Point Software Technologies | 14.27 Bn | 11.99 Bn | 574.10 Mn | 239.00 Mn |
| 10 | Radware | 1.20 Bn | 1.09 Bn | 66.46 Mn | 32.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.26 Mn |
| Mar 31, 2026 | 32.59 Mn |
| Dec 31, 2025 | 33.39 Mn |
| Sep 30, 2025 | 31.58 Mn |
| Jun 30, 2025 | 30.74 Mn |
| Mar 31, 2025 | 30.64 Mn |
| Dec 31, 2024 | 32.51 Mn |
| Sep 30, 2024 | 30.50 Mn |
| Jun 30, 2024 | 29.74 Mn |
| Mar 31, 2024 | 29.70 Mn |
| Dec 31, 2023 | 31.87 Mn |
| Sep 30, 2023 | 30.53 Mn |
| Jun 30, 2023 | 31.92 Mn |
| Mar 31, 2023 | 31.92 Mn |
| Dec 31, 2022 | 32.54 Mn |
| Sep 30, 2022 | 31.42 Mn |
| Jun 30, 2022 | 32.29 Mn |
| Mar 31, 2022 | 30.28 Mn |
| Dec 31, 2021 | 32.02 Mn |
| Sep 30, 2021 | 29.59 Mn |