RDWR RADWARE LTD
Price Chart
Executive Summary
Radware reported Q1 2026 revenue of $79.8M (+11% YoY) and Cloud ARR of $98M (+23% YoY), but GAAP EPS slipped to $0.14 from $0.15. Non-GAAP EPS was $0.30 vs $0.31. The company also repurchased $29.4M in shares. Results show solid top-line growth offset by slight earnings contraction and EMEA weakness (-11% revenue).
Actionable Insight
Solid revenue and cloud growth offset by slight earnings compression and EMEA weakness. Listen to the conference call for Q2 guidance and SkyHawk discontinued operations update. Share buyback indicates management confidence but not enough to override flat earnings.
Key Facts
- Revenue $79.8M, +11% YoY
- GAAP net income from continuing operations $6.1M ($0.14/diluted share) vs $6.6M ($0.15) YoY
- Non-GAAP net income from continuing operations $13.4M ($0.30/diluted) vs $13.6M ($0.31) YoY
- Cloud ARR $98M, +23% YoY
- Cash flow from continuing operations $19.9M
- Share repurchase $29.4M in Q1
- Americas revenue $38.4M (+40% YoY), EMEA $25.1M (-11% YoY), APAC $16.3M (flat)
- Cash and securities $433.8M at March 31, 2026
Financial Impact
Revenue up 11% but GAAP EPS down 6.7% YoY; non-GAAP EPS essentially flat. Cloud ARR growth strong.
Risk Factors
- Israeli shekel appreciation impacting expenses
- EMEA revenue decline (-11%) may signal regional headwinds
- GAAP net income decline despite revenue growth
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001178913-26-002427 |
| Document: zk2635222.htm | 0001178913-26-002427 |
| Document: 0001178913-26-002427-index-headers.html | 0001178913-26-002427 |
| Document: 0001178913-26-002427-index.html | 0001178913-26-002427 |
| Document: 0001178913-26-002427.txt | 0001178913-26-002427 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 7, 2026
13d ago
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6-K
| $28.36 $26.95 | ▼ −4.97% | ▼ −6.48% | $28.69 (+1.16%) |
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May 5, 2026
15d ago
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Press Release
| $27.48 $26.79 | ▼ −2.51% | ▼ −4.50% | $28.69 (+4.40%) |
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Apr 20, 2026
4w ago
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Press Release
| $26.78 $25.84 | ▼ −3.51% | ▼ −4.59% | $28.69 (+7.13%) |
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Apr 20, 2026
4w ago
|
6-K
| $26.78 $25.84 | ▼ −3.51% | ▼ −4.59% | $28.69 (+7.13%) |
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Apr 6, 2026
6w ago
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6-K
| $27.60 $24.39 | ▼ −11.63% | ▼ −15.77% | $28.69 (+3.95%) |
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Apr 6, 2026
6w ago
|
Press Release
| $27.60 $24.39 | ▼ −11.63% | ▼ −15.77% | $28.69 (+3.95%) |
US Market Status
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