RADWARE LTDRDWR

Market cap

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Products	-	-	-	-	-	-	-	118	172	146	155
Services	-	-	-	-	-	-	-	116	121	116	119
Revenues	167	189	193	222	217	197	211	234	293	261	275
Products	-	-	-	-	-	-	-	31	43	41	42
Services	-	-	-	-	-	-	-	11	11	10	11
Total cost of revenues	33	36	37	40	38	36	40	42	54	52	53
Gross profit	134	153	156	182	178	161	172	193	240	210	222
Research and development, net	36	36	41	44	50	52	59	58	87	83	75
Sales and marketing	70	77	83	93	93	104	109	111	127	126	122
General and administrative	10	10	15	20	17	18	18	16	30	32	28
Total operating expenses, net	115	123	139	157	160	174	178	185	243	241	226
Operating loss	18	31	18	25	18	-13	-7	8	-3	-32	-4
Financial income, net	-	-	4	6	6	6	5	7	8	14	17
Income (loss) before taxes on income	-	-	-	-	-	-	-	-	5	-18	13
Taxes on income	1	4	4	6	5	2	6	3	5	4	7
Net income (loss) attributable to Radware Ltd.’s shareholders	21	32	18	25	19	-9	-7	12	-0	-22	6
Basic net earnings per share	1.02	1.45	0.4	0.55	0.4	-0.2	-0.17	0.26	-	-0.5	0.14
Diluted net earnings per share	0.93	1.36	0.39	0.53	0.4	-0.2	-0.17	0.25	-	-0.5	0.14