Radware (NASDAQ:RDWR) Announces Quarterly Earnings Results

Radware (NASDAQ:RDWR) released its quarterly earnings data on Thursday. The information technology services provider reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.03, Briefing.com reports. Radware had a net margin of 6.28% and a return on equity of 7.60%. The company had revenue of $79.81 million during the quarter, compared to analyst estimates of $78.72 million. During the same quarter in the prior year, the business earned $0.27 earnings per share. The business’s quarterly revenue was up 10.8% compared to the same quarter last year.

Here are the key takeaways from Radware’s conference call:

• Q1 revenue was $79.8M (+11% YoY) with diluted EPS of $0.30, the fourth quarter of double‑digit growth in the past five quarters; the company ended Q1 with ~ $434M in liquidity and repurchased ~$29.4M of shares.
• Cloud ARR grew 23% YoY to $98M (39% of total ARR), and the newly integrated API security offering is gaining rapid traction with double‑digit customer wins and multiple production projects.
• DefensePro X (on‑prem DDoS) had an “outstanding quarter” with large refresh and expansion deals at major SaaS, e‑commerce, and healthcare customers, reinforcing the hybrid cloud strategy and accelerating subscription adoption.
• Profitability was pressured by a −$2.6M FX hit (stronger Israeli shekel) and memory component cost increases; the company raised affected hardware prices ~5–8% and expects memory cost pressure to persist near term.
• Regionally mixed performance: Americas revenue jumped 40% YoY to $38.4M (~50% of revenue) while EMEA declined 11% and APAC was flat; Q2 guidance is $81–82M revenue and non‑GAAP EPS $0.28–0.29.

Radware Stock Down 3.1%

Shares of Radware stock traded down $0.88 during trading hours on Friday, hitting $27.48. 471,618 shares of the company’s stock traded hands, compared to its average volume of 207,766. Radware has a twelve month low of $21.42 and a twelve month high of $31.57. The company has a market cap of $1.16 billion, a PE ratio of 63.91 and a beta of 0.81. The stock has a 50 day simple moving average of $25.67 and a 200-day simple moving average of $24.77.

Radware declared that its board has authorized a share repurchase plan on Friday, February 13th that permits the company to repurchase $80.00 million in shares. This repurchase authorization permits the information technology services provider to purchase up to 7.1% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its stock is undervalued.

More Radware News

Here are the key news stories impacting Radware this week:

• Positive Sentiment: Radware reported Q1 2026 EPS of $0.30, topping estimates, while revenue rose 11% year over year to $79.8 million and also beat expectations. Radware Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company raised confidence in near-term growth by guiding Q2 2026 EPS to $0.280-$0.290 and revenue to $81.0 million-$82.0 million, both above Wall Street expectations.
• Positive Sentiment: Cloud ARR increased 23% year over year to $98 million, and operating cash flow remained strong at $19.9 million, supporting the bullish reaction.
• Neutral Sentiment: Needham & Company reaffirmed its “hold” rating on RDWR, which is not a major catalyst by itself. Benzinga report on Needham rating reaffirmation
• Neutral Sentiment: Investors are also digesting the Q1 earnings call transcript, but the main takeaway remains the earnings beat and stronger guidance. Radware Ltd. (RDWR) Q1 2026 Earnings Call Transcript

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Simplex Trading LLC grew its stake in Radware by 51.4% during the 4th quarter. Simplex Trading LLC now owns 1,544 shares of the information technology services provider’s stock valued at $37,000 after purchasing an additional 524 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA raised its position in shares of Radware by 47.8% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 1,700 shares of the information technology services provider’s stock valued at $41,000 after purchasing an additional 550 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of Radware during the 4th quarter valued at approximately $49,000. Advisors Asset Management Inc. purchased a new position in shares of Radware during the 4th quarter valued at approximately $85,000. Finally, Pacer Advisors Inc. grew its position in shares of Radware by 80.7% during the fourth quarter. Pacer Advisors Inc. now owns 4,230 shares of the information technology services provider’s stock worth $102,000 after buying an additional 1,889 shares in the last quarter. Hedge funds and other institutional investors own 73.12% of the company’s stock.

Analysts Set New Price Targets

RDWR has been the topic of several recent research reports. Needham & Company LLC restated a “hold” rating on shares of Radware in a report on Thursday. Wall Street Zen raised Radware from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Radware in a research report on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $30.00.

Radware Company Profile

Radware Ltd. provides cybersecurity and application delivery solutions designed to ensure the availability, performance and security of mission‐critical applications. Its product portfolio includes on‐premises and cloud‐based offerings such as Alteon application delivery controllers, DefensePro network behavior analysis for DDoS mitigation and AppWall web application firewall. The company’s platforms use real‐time behavioral analysis, machine learning and automation to protect against distributed denial‐of‐service attacks, application layer threats and network intrusions.

Founded in 1997, Radware is co-headquartered in Tel Aviv, Israel, with a principal U.S.