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

Radware (NASDAQ:RDWR) issued its earnings results on Thursday. The information technology services provider reported $0.30 earnings per share for the quarter, beating 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 business had revenue of $79.81 million for the quarter, compared to analyst estimates of $78.72 million. During the same period in the previous year, the business earned $0.27 EPS. The firm’s revenue was up 10.8% on a year-over-year basis.

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%

RDWR traded down $0.88 during trading on Friday, hitting $27.48. The company’s stock had a trading volume of 471,618 shares, compared to its average volume of 207,766. The stock has a market capitalization of $1.16 billion, a price-to-earnings ratio of 63.91 and a beta of 0.81. The firm’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.

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

Wall Street Analyst Weigh In

Several analysts have recently weighed in on RDWR shares. Wall Street Zen upgraded shares of Radware from a “hold” rating to a “buy” rating in a research report on Saturday, April 4th. Needham & Company LLC reiterated a “hold” rating on shares of Radware in a research report on Thursday. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Radware in a research report on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $30.00.

Institutional Trading of Radware

A number of hedge funds and other institutional investors have recently made changes to their positions in RDWR. Simplex Trading LLC grew its holdings 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 worth $37,000 after acquiring an additional 524 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA grew its stake in shares of Radware by 47.8% during the fourth 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 during the last quarter. Global Retirement Partners LLC bought a new stake in shares of Radware during the fourth quarter valued at approximately $49,000. Advisors Asset Management Inc. acquired a new stake in shares of Radware in the fourth quarter valued at approximately $85,000. Finally, Pacer Advisors Inc. increased its holdings in shares of Radware by 80.7% in the fourth quarter. Pacer Advisors Inc. now owns 4,230 shares of the information technology services provider’s stock valued at $102,000 after purchasing an additional 1,889 shares in the last quarter. 73.12% of the stock is currently owned by institutional investors and hedge funds.

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

About Radware

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.