What happened with RDWR today?
No read yet
Uses news and trading volume to explain the day’s move and how it relates to the market.
Stop guessing. Get the call, a three-month target price, the best and worst cases, and a source for every claim.
Radware Ltd. helps enterprises and telecommunications and internet service providers keep applications running and protect them from cyberattacks across their own data centers and cloud environments. Enterprises supply most of its revenue. Its protection can filter attack traffic through cloud centers, use a DefensePro device at the customer’s premises, or combine both. Its Alteon products distribute application traffic to support performance and availability.
Customers buy hardware, software and subscriptions, with products and product subscriptions bringing in most revenue. Radware also earns from support and other services. It sells mainly to distributors and resellers that sell on to end users, so it depends on those partners’ sales efforts, although no single customer accounts for a large share of revenue.
Delivering these offerings depends on third-party hosting facilities for cloud services and primarily two manufacturers for hardware platforms. Data-protection rules can limit where and how Radware stores and processes customer data. Israeli research-grant terms also restrict manufacturing outside Israel and transfers of technology developed with grant-funded know-how.
The risk section is the longest, dullest part of the filing. This keeps only what can really hurt you: where it hits, how hard, when it plays out.
Every company claims an edge. Each one is checked against hard numbers like margins and returns: which hold, and which line gives way first.
Beyond the rivals listed here, watch Thales’s Imperva: it is another important competitor as Radware’s results hinge on demand for application delivery and cloud attack protection.
A10 Networks competes with Radware for enterprise and service-provider spending on keeping applications running and protecting them from attacks, through application delivery controllers, DDoS protection and application security. Its sales in these areas show demand for the same networking and security functions Radware sells.
F5 competes with Radware for customers paying to deliver and secure applications through hardware, software and cloud services. Watch BIG-IP for traditional applications and Distributed Cloud Services for customers choosing cloud-delivered services; both overlap with needs served by Radware’s Alteon and cloud protection.
Akamai competes with Radware for customers buying cloud protection against traffic-flooding attacks, malicious bots and web application attacks. Its security business is the relevant comparison, rather than its cloud computing or content delivery businesses.
Cloudflare competes with Radware for businesses paying to protect internet applications from DDoS attacks, malicious bots and web application attacks. Watch additions to its application-services suite: customers can buy one product first and add others, extending the services competing with Radware’s cloud protection.
NetScout’s Arbor competes with Radware’s cloud services and on-site devices to protect enterprises and service providers from traffic-flooding DDoS attacks. Watch service providers selling Arbor protection on to enterprise customers as a managed service, another route to the customers Radware serves.
Fastly competes with Radware for customers buying DDoS protection, web application firewalls, bot management and API security, but content delivery still supplies most of its revenue. Watch Security revenue rather than total sales: it accounted for 20% of Fastly’s revenue in the year ended December 31, 2025.
Fortinet competes with Radware for application-security spending, but its broader networking and security portfolio makes its overall results a less focused comparison. Its integrated Security Fabric also spans secure networking and security operations, beyond the application protection Radware sells.
F5, Inc. earningsFFIV
F5's report will show how customers are spending on traditional application delivery and cloud services, areas where F5 competes with Radware for application and security budgets.
Compare F5's BIG-IP business for traditional applications with Distributed Cloud Services for cloud-delivered services. Growth in both would show that customers are still funding needs Radware serves with Alteon and cloud protection, while also showing F5 is winning business in overlapping areas; weakness in both would point to pressure on shared customer budgets. The takeaway is whether demand for these functions remains firm and how strong the competitive pressure on Radware may be.
Radware Ltd. earningsThis company
Radware is shifting from service revenue such as technical support toward cloud subscriptions and products, and this report will show whether the newer revenue can sustain growth and operating income.
Read product and product-subscription revenue alongside service revenue, which also includes items such as technical support. If the former grows enough to offset weakness in the latter and operating income holds or improves, the newer offerings are replacing older revenue and supporting profit. If product growth is insufficient as services weaken and operating income deteriorates, the transition is not yet sustaining profitability.
