Radware Q3 revenue comes in at $84.4M, up 12%
Key points
- Radware (NASDAQ:RDWR) reported third-quarter 2026 revenue of $84.4 million, up 12% year over year.
- Cloud annual recurring revenue rose 21% to $107 million, while GAAP net income fell to $4.5 million from $8.2 million.
- Continuing operations generated $15.5 million in operating cash flow, and cash, deposits and marketable securities totaled $421.5 million at quarter-end.
Radware (NASDAQ:RDWR) reported record third-quarter 2026 revenue of $84.4 million, up 12% year over year, while GAAP net income from continuing operations declined to $4.5 million.
Cloud annual recurring revenue increased 21% to $107 million, and revenue grew 12% across each of the company's geographic regions.
The company's results showed adjusted net income from continuing operations falling to $13.9 million, or $0.32 per diluted share, from $14.8 million, or $0.33 per share, a year earlier.
Operating cash flow from continuing operations reached $15.5 million, while appreciation of the Israeli shekel adversely affected quarterly expenses by $4.6 million.
Radware held $421.5 million in cash, bank deposits and marketable securities as of September 30, 2026, providing a substantial pool of liquid assets relative to its quarterly revenue.
For the first nine months of 2026, revenue rose to $246.457 million from $221.403 million, while GAAP net income declined to $7.893 million from $14.216 million.
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