Radware Ltd. (RDWR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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RDWR Revenue Growth
Revenue Breakdown (FY 2025)
RDWR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
RDWR Revenue Analysis (2014–2025)
As of May 8, 2026, Radware Ltd. (RDWR) generated trailing twelve-month (TTM) revenue of $301.9 million, reflecting solid growth of +9.9% year-over-year. The most recent quarter (Q4 2025) recorded $80.2 million in revenue, up 6.6% sequentially.
Looking at the longer-term picture, RDWR's 5-year compound annual growth rate (CAGR) stands at +3.8%, indicating moderate growth over time. The company achieved its highest annual revenue of $301.9 million in 2025, representing a new all-time high.
Revenue diversification analysis shows RDWR's business is primarily driven by Products (63%), and Services (37%). With over half of revenue concentrated in Products, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including FFIV (+9.7% YoY), NTCT (+4.9% YoY), and QLYS (+10.2% YoY), RDWR has underperformed the peer group in terms of revenue growth. Compare RDWR vs FFIV →
RDWR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RDWRCurrent | $302M | +9.9% | +3.8% | 3.8% | |
 FFIV | $3.1B | +9.7% | +5.6% | 24.8% | |
 NTCT | $823M | +4.9% | -1.6% | -44.7% | |
 QLYS | $669M | +10.2% | +13.0% | 33.2% | |
 PANW | $9.2B | +15.4% | +22.0% | 13.5% | |
 FTNT | $6.8B | +15.7% | +21.3% | 30.6% |
RDWR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $301.9M | +9.8% | $243.5M | 80.7% | $11.4M | 3.8% |
| 2024 | $274.9M | +5.2% | $221.6M | 80.6% | $-3,887,000 | -1.4% |
| 2023 | $261.3M | -11.0% | $209.6M | 80.2% | $-31,680,000 | -12.1% |
| 2022 | $293.4M | +2.4% | $239.5M | 81.6% | $-3,339,000 | -1.1% |
| 2021 | $286.5M | +14.6% | $234.1M | 81.7% | $18.2M | 6.4% |
| 2020 | $250.0M | -0.8% | $204.9M | 82.0% | $6.2M | 2.5% |
| 2019 | $252.1M | +7.5% | $206.9M | 82.1% | $16.9M | 6.7% |
| 2018 | $234.4M | +10.9% | $192.7M | 82.2% | $7.5M | 3.2% |
| 2017 | $211.4M | +7.5% | $171.8M | 81.3% | $-6,671,000 | -3.2% |
| 2016 | $196.6M | -9.2% | $160.9M | 81.8% | $-12,749,000 | -6.5% |
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Start ComparisonRDWR — Frequently Asked Questions
Quick answers to the most common questions about buying RDWR stock.
Is RDWR's revenue growth accelerating or slowing?
RDWR maintains +9.9% revenue growth, in line with its 5-year CAGR of +3.8%. TTM revenue stands at $302M. Growth rate remains consistent with historical average.
What is RDWR's long-term revenue growth rate?
Radware Ltd.'s 5-year revenue CAGR of +3.8% reflects the sustained expansion pattern. Current YoY growth of +9.9% is near this long-term average.
How is RDWR's revenue distributed by segment?
RDWR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.