Radware Past Earnings Performance

Past criteria checks 0/6

Radware's earnings have been declining at an average annual rate of -66.2%, while the Software industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 1.8% per year.

Key information

-66.2%

Earnings growth rate

-66.4%

EPS growth rate

Software Industry Growth	14.9%
Revenue growth rate	1.8%
Return on equity	-0.7%
Net Margin	-0.8%
Next Earnings Update	12 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Radware makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:RWA Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	267	-2	154	76
30 Jun 24	259	-12	153	78
31 Mar 24	257	-20	156	80
31 Dec 23	261	-22	160	83
30 Sep 23	270	-20	161	85
30 Jun 23	279	-16	163	87
31 Mar 23	289	-7	162	87
31 Dec 22	293	0	157	87
30 Sep 22	296	-2	151	84
30 Jun 22	299	6	148	80
31 Mar 22	293	8	143	77
31 Dec 21	286	8	142	74
30 Sep 21	279	16	138	72
30 Jun 21	268	15	135	70
31 Mar 21	257	11	133	69
31 Dec 20	250	10	132	67
30 Sep 20	248	14	131	64
30 Jun 20	249	18	130	62
31 Mar 20	251	21	130	61
31 Dec 19	252	23	128	62
30 Sep 19	249	23	126	60
30 Jun 19	244	19	126	59
31 Mar 19	241	17	126	58
31 Dec 18	234	12	128	58
30 Sep 18	229	6	128	59
30 Jun 18	223	1	128	59
31 Mar 18	217	-4	127	60
31 Dec 17	211	-7	124	59
30 Sep 17	205	-12	122	56
30 Jun 17	198	-13	119	55
31 Mar 17	197	-10	119	53
31 Dec 16	197	-9	118	52
30 Sep 16	200	-2	114	52
30 Jun 16	201	1	113	52
31 Mar 16	208	9	110	51
31 Dec 15	217	19	107	50
30 Sep 15	222	23	104	48
30 Jun 15	231	31	105	47
31 Mar 15	228	27	107	45
31 Dec 14	222	25	107	44
30 Sep 14	214	22	106	44
30 Jun 14	205	17	104	42
31 Mar 14	199	18	99	42

Quality Earnings: RWA is currently unprofitable.

Growing Profit Margin: RWA is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: RWA is unprofitable, and losses have increased over the past 5 years at a rate of 66.2% per year.

Accelerating Growth: Unable to compare RWA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: RWA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (10.6%).

Return on Equity

High ROE: RWA has a negative Return on Equity (-0.65%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/13 12:45
End of Day Share Price	2025/01/13 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Radware Ltd. is covered by 21 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Joseph Wolf	Barclays
Tavy Rosner	Barclays
Andrew Smith	Berenberg