v3.26.1
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues:      
Total revenues $ 301,850 $ 274,880 $ 261,292
Cost of revenues:      
Total cost of revenues 58,339 53,252 51,710
Gross profit 243,511 221,628 209,582
Operating expenses, net:      
Research and development, net 78,981 74,723 82,617
Sales and marketing 127,586 122,450 126,237
General and administrative 25,536 28,342 32,408
Total operating expenses, net 232,103 225,515 241,262
Operating income (loss) 11,408 (3,887) (31,680)
Financial income, net 17,899 16,552 13,927
Income (loss) before taxes on income 29,307 12,665 (17,753)
Income Tax Expense (Benefit) 9,050 6,627 3,837
Net income (loss) attributable to Radware Ltd.’s shareholders $ 20,257 $ 6,038 $ (21,590)
Basic net earnings (loss) per share $ 0.47 $ 0.14 $ (0.5)
Diluted net earnings (loss) per share $ 0.45 $ 0.14 $ (0.5)
Weighted-average shares used to compute net income (loss) per share, Basic 42,879,056 41,982,851 42,871,770
Weighted-average shares used to compute net income (loss) per share, Diluted 44,698,538 43,362,906 42,871,770
Products [Member]      
Revenues:      
Total revenues $ 189,582 $ 155,437 $ 145,541
Cost of revenues:      
Total cost of revenues 49,033 42,178 41,450
Services [Member]      
Revenues:      
Total revenues 112,268 119,443 115,751
Cost of revenues:      
Total cost of revenues $ 9,306 $ 11,074 $ 10,260