Radware (NASDAQ:RDWR) Issues Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Radware (NASDAQ:RDWR) issued its quarterly earnings results on Thursday. The information technology services provider reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.03, Briefing.com reports. The company had revenue of $79.81 million for the quarter, compared to analysts’ expectations of $78.72 million. Radware had a return on equity of 7.60% and a net margin of 6.28%.The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.27 earnings per share.

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 Trading Down 3.1%

Radware stock traded down $0.88 during mid-day trading on Friday, hitting $27.48. The company had a trading volume of 471,618 shares, compared to its average volume of 207,766. The stock’s 50 day moving average price is $25.67 and its two-hundred day moving average price is $24.77. Radware has a 12 month low of $21.42 and a 12 month high of $31.57. The company has a market capitalization of $1.16 billion, a PE ratio of 63.91 and a beta of 0.81.

Radware announced that its board has approved a stock buyback program on Friday, February 13th that authorizes the company to repurchase $80.00 million in outstanding shares. This repurchase authorization authorizes the information technology services provider to repurchase up to 7.1% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On Radware

Hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. lifted its holdings in shares of Radware by 47.5% during the second quarter. Russell Investments Group Ltd. now owns 46,506 shares of the information technology services provider’s stock valued at $1,368,000 after purchasing an additional 14,980 shares in the last quarter. Jump Financial LLC lifted its holdings in shares of Radware by 126.5% during the second quarter. Jump Financial LLC now owns 40,998 shares of the information technology services provider’s stock valued at $1,207,000 after purchasing an additional 22,898 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Radware by 23.5% during the second quarter. Sei Investments Co. now owns 91,954 shares of the information technology services provider’s stock valued at $2,707,000 after purchasing an additional 17,501 shares in the last quarter. California State Teachers Retirement System lifted its holdings in shares of Radware by 3.5% during the second quarter. California State Teachers Retirement System now owns 35,327 shares of the information technology services provider’s stock valued at $1,040,000 after purchasing an additional 1,190 shares in the last quarter. Finally, PDT Partners LLC lifted its holdings in shares of Radware by 27.1% during the second quarter. PDT Partners LLC now owns 62,897 shares of the information technology services provider’s stock valued at $1,852,000 after purchasing an additional 13,402 shares in the last quarter. 73.12% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

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

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

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.