NASDAQ$RDWR
Radware Ltd · Q2 2025 earnings
Q2 2025 earnings · · Before market open · Investor relations
Briefing
Radware Q2 revenue grows 10% to $74.2M as cloud ARR accelerates 21% to $85M
Radware Ltd. reported Q2 2025 revenue of $74.2 million, up 10% year-over-year from $67.3 million, driven by strong cloud security momentum. GAAP net income was $4.2 million ($0.09 per diluted share) compared to $1.7 million ($0.04) in Q2 2024, while non-GAAP net income reached $12.6 million ($0.28 per share) versus $8.8 million ($0.20). Cloud ARR grew 21% to $85 million. EMEA revenue rose 22% to $27.8 million and APAC grew 13% to $16.3 million, while Americas revenue was flat at $30.1 million. Cash flow from operations was $14.5 million with $459.1 million in total cash and investments.
- Q2 revenue of $74.2M increased 10% YoY with cloud ARR accelerating 21% to $85 million
- Non-GAAP EPS of $0.28 versus $0.20 prior year; GAAP EPS of $0.09 versus $0.04
- EMEA revenue up 22% to $27.8M and APAC up 13% to $16.3M; Americas flat at $30.1M
- Operating income turned positive at $2.8M GAAP; adjusted EBITDA reached $11.4M
- Cash and investments of $459.1M with $14.5M operating cash flow in the quarter
Headline financials
Revenue & EPS history
Radware · Revenue · Quarterly
$74.2M
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2025
-0.6%
Avg return
Earnings day
+0.1%
Avg return
5 days after
-0.1%
Avg return
30 days after
52%
34 / 66 earnings
Positive
+20.5%
Q2 2024
Best reaction
-21.0%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.4% | -0.3% | +3.9% | |
| Q4 2025 | +5.4% | +6.2% | -4.6% | |
| Q3 2025 | -2.6% | -6.6% | -13.8% | |
| Q2 2025 | -5.9% | -10.0% | -10.9% | |
| Q1 2025 | -1.5% | +2.6% | +6.7% | |
| Q4 2024 | +3.3% | +3.5% | -8.8% | |
| Q3 2024 | -2.3% | +0.7% | +7.1% | |
| Q2 2024 | +20.5% | +17.0% | +17.8% | |
| Q1 2024 | +14.5% | +14.2% | +7.8% | |
| Q4 2023 | +5.7% | +2.8% | +0.0% | |
| Q3 2023 | -1.7% | +0.9% | +4.2% | |
| Q2 2023 | -13.0% | -9.0% | -9.4% | |
| Q1 2023 | -7.0% | -0.3% | +0.8% | |
| Q4 2022 | -2.2% | -0.5% | -6.5% | |
| Q3 2022 | -21.0% | -12.2% | -9.9% | |
| Q2 2022 | -6.9% | -0.8% | -6.8% | |
| Q1 2022 | -6.0% | -12.9% | -14.2% | |
| Q4 2021 | -10.2% | -7.0% | -6.1% | |
| Q3 2021 | -2.0% | -1.3% | -16.0% | |
| Q2 2021 | +5.4% | +5.4% | +12.4% | |
| Q1 2021 | +0.5% | +0.1% | +5.9% | |
| Q4 2020 | -10.5% | -13.1% | -11.8% | |
| Q3 2020 | +6.5% | +8.2% | +12.2% | |
| Q2 2020 | +2.4% | +3.5% | +3.3% | |
| Q1 2020 | -0.5% | +3.4% | +3.1% | |
| Q4 2019 | -16.3% | -13.6% | -24.6% | |
| Q3 2019 | +4.0% | +3.1% | +6.1% | |
| Q2 2019 | +6.4% | +2.8% | -1.6% | |
| Q1 2019 | -5.2% | -5.1% | -10.6% | |
| Q4 2018 | -2.1% | -2.7% | -1.0% | |
| Q3 2018 | +6.2% | -0.0% | -5.7% | |
| Q2 2018 | -0.3% | +2.8% | +4.8% | |
| Q1 2018 | +3.7% | +4.0% | +5.9% | |
| Q4 2017 | +5.6% | +6.5% | +9.6% | |
| Q3 2017 | +9.1% | +11.7% | +15.7% | |
| Q2 2017 | +0.1% | +1.3% | +0.7% | |
| Q1 2017 | +8.0% | +5.9% | +13.7% | |
| Q4 2016 | +5.5% | +8.2% | +9.3% | |
| Q3 2016 | -11.1% | -12.3% | -0.6% | |
| Q2 2016 | -0.4% | -1.4% | +8.4% | |
| Q1 2016 | -2.1% | — | — | |
| Q4 2015 | -13.4% | — | — | |
| Q3 2015 | +6.6% | — | — | |
| Q2 2015 | -8.4% | — | — | |
| Q1 2015 | +1.4% | — | — | |
| Q4 2014 | -12.5% | — | — | |
| Q3 2014 | +12.0% | — | — | |
| Q2 2014 | +1.5% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | -4.9% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q2 2013 | -8.1% | — | — | |
| Q1 2013 | +0.6% | — | — | |
| Q4 2012 | +0.8% | — | — | |
| Q3 2012 | -1.4% | — | — | |
| Q2 2012 | +1.2% | — | — | |
| Q1 2012 | +0.3% | — | — | |
| Q4 2010 | +2.9% | — | — | |
| Q4 2011 | +2.9% | — | — | |
| Q4 2009 | +2.9% | — | — | |
| Q3 2011 | -12.1% | — | — | |
| Q2 2011 | +1.5% | — | — | |
| Q1 2011 | -2.8% | — | — | |
| Q3 2010 | -0.1% | — | — | |
| Q2 2010 | +2.1% | — | — | |
| Q1 2010 | +5.6% | — | — |
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