# Radware Ltd. share price today (Radware Ltd., RDWR) > Radware Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. RDWR · Technology · Software - Infrastructure · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/rdwr Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: $33.60 (+31.1% in a year) - P/E: 105.8×, over 1 year - Revenue (Jun 2026): $82.3 M (+10.9% on a year ago) - Profit (Jun 2026): $1.7 M (−59.4% on a year ago) - Operating margin: 3.1% (−0.9 points on a year ago) - ROE: 5%, FY25 - ROIC: 2.7%, against a 8.9% cost of capital: −6.2 points - Profit that came in as cash: 567%, last 3 years The main question: yearly earnings per share moved +221.4% while the share price moved +31.1%. ## What is the Radware Ltd. share price today? Radware Ltd.'s share price was $33.60 at the close on 3 November 2026. That is 20.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between $22 and $35, and at that close it sat 92% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 3 weeks in a row. Over the last 1 year the share price moved +19% while the S&P 500 moved +21%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Radware Ltd. pay? Radware Ltd. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Radware Ltd. on? Radware Ltd. is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks) ## Is Radware Ltd. profitable? Radware Ltd. earned $1.7 M of net profit in the Jun 2026 quarter, −59.4% on the same quarter a year earlier. Full-year FY25 profit was $20.3 M. Over 4 years profit has grown 26.9% a year on average. That is 2.1% of the quarter's revenue. The same quarter a year earlier earned $4.2 M. 3 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $20.3 M (+235.5% on the year before). Why profit moved: revenue changed +10.9% on a year earlier and the margin moved −0.9 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +37.1% and revenue +10.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Radware Ltd. make, and is it growing? Radware Ltd. reported $82.3 M of revenue in the Jun 2026 quarter, +10.9% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 1.3% a year on average. The last full year, FY25, came in at $302 M. The last four reported quarters add to $318 M. FY25 revenue was $302 M, +9.8% on the year before. Recent pace: the last four quarters grew +10.0% on average, against 1.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.0%, against +10.7% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Radware Ltd. keep? Radware Ltd.'s operating margin was 3.1% in the Jun 2026 quarter, 0.9 percentage points lower than the same quarter a year ago. Across 5 years it has been between −12.1% and 6.4%. The latest quarter is within that range. Why the margin moved: operating margin changed −0.9 percentage points on the year while gross margin changed +0.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Radware Ltd.'s profit turning into cash? Over the last 3 years, 567% of Radware Ltd.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $50.1 M of operating cash against $20.3 M of profit. After $8.5 M of spending on assets, $41.6 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Radware Ltd.'s cash go? Radware Ltd. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $19.2 M on assets over the last 3 years. Averaged over those years that is 2.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $19.2 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Radware Ltd.'s P/E ratio, and how does it compare with its own history? Radware Ltd.'s P/E is 105.8×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +221.4% while the price moved +31.1%. Earnings did better than the price, which pulled the multiple down within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Radware Ltd. business getting better or worse? Radware Ltd.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Radware Ltd. earn on its capital? Radware Ltd. earned a ROE of 5% in FY25. That is up from a low of −7% in FY23. Its return on capital used (ROIC) is 6.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.7% net margin and 0.45× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 6.7% net margin × 0.45× asset turnover × 1.72× leverage (assets divided by equity) ≈ 5.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 2.7% − 8.9% = −6.2 percentage points. The 8.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 2.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 6.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Radware Ltd. have too much debt? Radware Ltd. has total debt of $16.1 M against shareholder equity of $359 M as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.07 in FY21 to 0.04 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Radware Ltd. shareholding pattern? We have no ownership or short-position figures for Radware Ltd., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Radware Ltd. from balance-sheet trouble? For Radware Ltd., the Z-score is 3.38. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.38 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Radware Ltd. rank in its industry? There is no score against its industry: Radware Ltd. is not among the largest members shown in this industry comparison for Software - Infrastructure. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Radware Ltd. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Radware Ltd. in size? Radware Ltd. is the 76th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: StoneCo, NextNav Inc. and Pagaya Technologies. Just below it: Bandwidth Inc., Rapid7, Inc. and Tuya Inc. ### Software - Infrastructure companies close in size 1. [StoneCo Ltd.](https://www.sectoralpha.in/us/stocks/stne) $1.7 billion 2. [NextNav Inc.](https://www.sectoralpha.in/us/stocks/nn) $1.7 billion 3. [Pagaya Technologies Ltd.](https://www.sectoralpha.in/us/stocks/pgy) $1.5 billion 4. Radware Ltd. $1.4 billion 5. [Bandwidth Inc.](https://www.sectoralpha.in/us/stocks/band) $1.4 billion 6. [Rapid7, Inc.](https://www.sectoralpha.in/us/stocks/rpd) $1 billion 7. [Tuya Inc.](https://www.sectoralpha.in/us/stocks/tuya) $981 million [All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies) ### Companies close in size in other industries 1. [Ichor Holdings, Ltd.](https://www.sectoralpha.in/us/stocks/ichr) $1.4 billion · Semiconductor Equipment & Materials 2. [Adecoagro S.A.](https://www.sectoralpha.in/us/stocks/agro) $1.4 billion · Farm Products 3. Radware Ltd. $1.4 billion 4. [First Mid Bancshares, Inc.](https://www.sectoralpha.in/us/stocks/fmbh) $1.4 billion · Banks - Regional 5. [Sweetgreen, Inc.](https://www.sectoralpha.in/us/stocks/sg) $1.4 billion · Restaurants ## What else do people ask about Radware Ltd.? ### What were Radware Ltd. Ltd.'s latest quarterly results? Radware Ltd. reported revenue of $82.3 M and net profit of $1.7 M for the Jun 2026 quarter. Revenue rose 10.9% and profit fell 59.4% compared with a year earlier. Earnings per share were $0.04. The operating margin was 3.1%, 0.9 percentage points lower than a year earlier (as of 3 November 2026). ### What is Radware Ltd. Ltd.'s market cap? Radware Ltd.'s market capitalisation is $1.4 B at a stock price of $33.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Radware Ltd. Ltd. performing? Radware Ltd.'s latest readings are below. In its latest quarter, revenue rose 10.9% and profit fell 59.4% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 3 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Radware Ltd. Ltd.'s stock price go up? This page does not forecast Radware Ltd.'s stock price. What it shows instead: the stock price is $33.60. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is Radware Ltd. Ltd.'s profit real cash? Yes, over the last 3 years, 567% of Radware Ltd.'s reported profit came in as cash from operations. The latest year was lower at 247%, so the trend is worth watching. In FY25, operating cash was $50.1 M against reported profit of $20.3 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Radware Ltd. Ltd. in its business cycle? Radware Ltd.'s FY25 operating margin was 3.7%, against a 5-year range of −12.1% to 6.4%: the middle of its own range, neither a peak nor a low. The latest quarter was 3.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Radware Ltd. Ltd. story? The main question: yearly earnings per share moved +221.4% while the share price moved +31.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Radware Ltd. Ltd. a stock worth studying right now? What the numbers show: Radware Ltd.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - US tech stocks: https://www.sectoralpha.in/us-tech-stocks This is research, not advice. We’re not SEBI-registered.