v3.26.1
TAXES ON INCOME (Tables)
 12 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Schedule of Reconciliation of Unrecognized Tax Benefits
   
2025
    
2024
  
             
Beginning balance
  
$
6,694
    
$
6,189
  
Decrease related to settlement tax years*
    
(4,696
)
    
-
  
Additions for prior year tax positions
    
-
      
326
  
Decrease for prior year tax positions*
    
(1,179
)
    
(378
)
Additions for current year tax positions
    
1,750
      
557
  
                 
Ending balance
  
$
2,569
    
$
6,694
  
 
* In 2025, Radware Ltd. was subject to an examination by the Israeli Income Tax Authority with respect to its tax returns for the 2019–2022 tax years. In December 2025, the Company entered into a settlement agreement with the Israeli Income Tax Authority, thereby concluding the examination. The Company had previously recorded adequate tax provisions to fully cover the obligations arising from the settlement. Accordingly, the audit findings and related agreement did not have a material impact on the Company’s consolidated statements of operations or its overall tax expense.
Schedule of Taxes on Income
   
Year ended
December 31,
  
   
2025
    
2024
    
2023
  
                   
Current taxes
  
$
9,045
    
$
6,188
    
$
3,255
  
Deferred taxes
    
5
      
439
      
582
  
                         
   
$
9,050
    
$
6,627
    
$
3,837
  
                         
Domestic
  
$
4,768
    
$
3,651
    
$
1,079
  
Foreign
    
4,282
      
2,976
      
2,758
  
                         
   
$
9,050
    
$
6,627
    
$
3,837
  
 
   
Year ended
December 31,
  
   
2025
    
2024
    
2023
  
Domestic taxes:
                  
                   
Current taxes
  
$
6,514
    
$
4,777
    
$
488
  
Deferred taxes
    
(1,746
)
    
(1,126
)
    
591
  
                         
     
4,768
      
3,651
      
1,079
  
Foreign taxes:
                        
                         
Current taxes
    
2,531
      
1,411
      
2,767
  
Deferred taxes
    
1,751
      
1,565
      
(9
)
                         
     
4,282
      
2,976
      
2,758
  
                         
   
$
9,050
    
$
6,627
    
$
3,837
  
Schedule of Significant Components of Deferred Tax Liabilities and Assets
   
December 31,
  
   
2025
    
2024
  
             
Carryforward losses and tax credit
  
$
21,070
    
$
16,862
  
Deferred revenues
    
3,770
      
4,976
  
Operating lease liabilities
    
1,829
      
1,886
  
Employee stock-based compensation
    
6,290
      
7,173
  
Other temporary differences
    
3,913
      
3,521
  
                 
Deferred tax assets before valuation allowance
    
36,872
      
34,418
  
Valuation allowance
    
(13,852
)
    
(11,930
)
                 
Net deferred tax assets
    
23,020
      
22,488
  
                 
Intangible assets, including goodwill
    
(4,749
)
    
(4,656
)
ROU assets
    
(1,668
)
    
(1,909
)
Depreciable assets
    
(852
)
    
(837
)
                 
Deferred tax liability
    
(7,269
)
    
(7,402
)
                 
Net deferred tax assets
  
$
15,751
    
$
15,086
  
Schedule of Reconciliation Between Theoretical and Actual Tax Expense
   
Year ended December 31,
  
   
2025
  
             
Israeli federal statutory tax rate
  
$
6,741
      
23.0
%
                 
Foreign tax effects:
                
                 
United States
                
State and local taxes
    
484
      
1.7
%
Stock Based Compensation
    
656
      
2.2
%
Other
    
1,000
      
3.4
%
                 
India
                
Changes in valuation allowance
    
916
      
3.1
%
Non-deductible / taxable items
    
(383
)
    
(1.3
)%
Other
    
84
      
0.3
%
                 
Colombia
                
Withholding taxes
    
409
      
1.4
%
Other
    
32
      
0.1
%
                 
Ecuador
                
Withholding taxes
    
579
      
2.0
%
                 
Other foreign jurisdictions
    
1,531
      
5.2
%
                 
Foreign withholding tax credits
    
(2,580
)
    
(8.8
)%
                 
Changes in valuation allowances
    
3,022
      
10.3
%
                 
Non-taxable or Non-deductible items:
                
Stock Based Compensation
    
1,274
      
4.3
%
Other
    
(30
)
    
(0.1
)%
                 
Reduced tax rate for preferred technological enterprises
    
(3,660
)
    
(12.5
)%
                 
Change in Unrecognized Tax Benefits
    
(561
)
    
(1.9
)%
                 
Other
    
(463
)
    
(1.6
)%
                 
Effective Tax Rate
  
$
9,050
      
30.9
%

 

A reconciliation between the theoretical tax expense prior to the adoption of ASU 2023-09, assuming all income is taxed at the statutory tax rate applicable to income of the Company and the actual tax expense as reported in the consolidated statements of income (loss) is as follows:
 
   
2024
    
2023
  
             
Income (loss) before taxes, as reported in the consolidated statements of income (loss)
  
$
12,665
    
$
(17,753
)
                 
Statutory tax rate
    
23
%
    
23
%
Theoretical tax expense (benefit) on the above amount at the Israeli statutory tax rate
  
$
2,913
    
$
(4,083
)
Tax adjustment in respect of different tax rate of foreign subsidiary
    
(141
)
    
(57
)
Non-deductible expenses and other permanent differences
    
820
      
536
  
Deferred taxes on losses for which valuation allowance was provided, net
    
3,498
      
2,635
  
Foreign withholding taxes
    
637
      
637
  
Share compensation relating to share options per ASC No. 718
    
158
      
3,716
  
Income taxes in respect of prior years
    
671
      
1,246
  
Change of tax rate
    
-
      
-
  
Approved, Privileged and Preferred enterprise loss (benefits) (*)
    
(2,170
)
    
(1,086
)
Other
    
241
      
293
  
                 
Actual tax expense
  
$
6,627
    
$
3,837
  
 
(*) Basic earnings per share amounts of the benefit resulting from the “Approved, Privileged and Preferred Enterprise” status
  
$
0.05
    
$
0.03
  
                 
Diluted earnings per share amounts of the benefit resulting from the “Approved, Privileged and Preferred Enterprise” status
  
$
0.05
    
$
0.03
  
Schedule of Income Before Income Taxes
   
Year ended
December 31,
  
   
2025
    
2024
    
2023
  
                   
Domestic
  
$
655
    
$
(7,021
)
  
$
(33,444
)
Foreign
    
28,652
      
19,686
      
15,691
  
                         
Income (loss) before taxes on income
  
$
29,307
    
$
12,665
    
$
(17,753
)