Radware
Research Radware (RDWR) on Bullrun: valuation model: 34.3% overvalued, market cap USD 1.20B, P/E 73.6. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerRDWR
- ExchangeNASDAQ
- CountryIsrael
- SectorTechnology
- IndustrySoftware-Infrastructure
- CurrencyUSD
- Valuation signal34.3% overvalued
- Market capUSD 1.20B
- P/E73.6
- Financial periodQ2 2026
- RevenueUSD 82.28M
- Net incomeUSD 1.71M
- Free cash flowUSD 9.11M
- Gross margin80.8%
Valuation Snapshot
Bullrun's latest valuation model marks Radware as 34.3% overvalued; latest market cap is USD 1.20B; P/E is 73.6.
Peer valuation comparison
Latest P/E is 73.6x versus a Technology sector median of 28.57x (157.6% above).
Latest P/E is 73.6x versus a Israel median of 24.26x (203.4% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 301.85M | USD 20.26M | USD 41.56M | 80.7% | 0.45 | USD 105.08M | USD 17.02M | USD 349.36M |
| FY2024 | USD 274.88M | USD 6.04M | USD 66.33M | 80.6% | 0.14 | USD 98.71M | USD 18.27M | USD 316.27M |
| FY2023 | USD 261.29M | -USD 21.59M | -USD 8.93M | 80.2% | -0.5 | USD 70.54M | USD 20.70M | USD 284.09M |
| FY2022 | USD 293.43M | -USD 166.00K | USD 23.33M | 81.6% | 0 | USD 46.19M | USD 24.23M | USD 332.16M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 1.20B | 73.6 | n/a | n/a |
| 2025 | 2025-12-31 | USD 1.04B | 53.5 | n/a | n/a |
| 2024 | 2024-12-31 | USD 958.76M | 160.9 | n/a | n/a |
| 2023 | 2023-12-29 | USD 701.41M | n/a | n/a | n/a |
| 2022 | 2022-12-30 | USD 885.61M | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 1.91B | 260.3 | n/a | n/a |
About Radware
Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers. The company operates in two segments, Radware's Core Business and The Hawks' Business. It offers cloud application protection service, cloud WAF, bot manager, API protection, web DDoS protection, client-side protection, threat intelligence, Kubernetes WAAP, and Alteon integrated WAF;
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Frequently asked questions
Is Radware overvalued or undervalued?
Bullrun's valuation model currently marks Radware as 34.3% overvalued.
What is Radware's market cap?
Radware's market capitalization is USD 1.20B.
What is Radware's P/E ratio?
Radware's price-to-earnings (P/E) ratio is 73.6.
What does Radware do?
Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data centers. The company operates in two segments, Radware's Core Business and The Hawks' Business.