Radware Ltd
NASDAQ:RDWR
Radware Ltd
Radware Ltd. engages in the provision of application delivery and cyber security solutions for virtual, cloud, and software defined data centers. The firm's solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications. The firm's products and activities are focused on protecting against cyber-attacks and ensuring optimal application service level for enterprises' and carriers' data centers. Its solutions include application and network security, and application delivery. Its application and network Security products include DefensePro Attack Mitigation Device, AppWall Web Application Firewall, DefenseFlow Cyber Command and Control application, and DefensePipe Cloud Scrubbing Service. Its application delivery products include Alteon NG, LinkProof NG and FastView. Its management solutions include APSolute Vision, application performance monitoring and vDirect.
Radware Ltd. engages in the provision of application delivery and cyber security solutions for virtual, cloud, and software defined data centers. The firm's solutions incorporate Distributed Denial of Service protection, Web application firewall (WAF) and Application Delivery Controllers (ADC) technologies to enable its customers to provide cyber-attack mitigation solutions for a range of applications. The firm's products and activities are focused on protecting against cyber-attacks and ensuring optimal application service level for enterprises' and carriers' data centers. Its solutions include application and network security, and application delivery. Its application and network Security products include DefensePro Attack Mitigation Device, AppWall Web Application Firewall, DefenseFlow Cyber Command and Control application, and DefensePipe Cloud Scrubbing Service. Its application delivery products include Alteon NG, LinkProof NG and FastView. Its management solutions include APSolute Vision, application performance monitoring and vDirect.
Revenue Growth: Radware reported Q3 2025 revenue of $75.3 million, up 8% year-over-year, with strength in cloud security.
Cloud Security Momentum: Cloud security Annual Recurring Revenue (ARR) reached $89 million, growing 24% year-over-year and accelerating from last quarter.
Profitability: Diluted EPS rose 22% year-over-year to $0.28, and operating income increased 34% to $9.6 million.
North America Strength: Revenue in the Americas jumped 28% year-over-year, reflecting strong execution and demand.
Cloud Transition: Subscription revenue now makes up 52% of total revenue, up from 47% a year ago, improving revenue stability.
Cash Flow Dip: Cash flow from operations was negative at -$4.2 million due to timing of collections, but management expects a return to positive in Q4.
Q4 Guidance: Q4 2025 revenue is forecasted at $78–79 million, with EPS guidance of $0.29–0.30.
AI & Innovation: Continued investment in AI-driven security and SOC X platform, with AI capabilities already benefiting customers.
