Radware Ltd.: Radware Reports Second Quarter 2026 Financial Results

Radware (NASDAQ: RDWR) reported second-quarter 2026 results for the quarter ended June 30. Revenue rose 11% year over year to $82.3 million. Cloud ARR increased 22% to $103 million. Non-GAAP diluted EPS from continuing operations was $0.30, versus GAAP diluted EPS of -$0.09. Cash and investments totaled $422.9 million.

Original reporting
Published Jul 29, 2026, 10:45 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 29, 2026, 12:00 PM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefEarnings
Primary signal
$RDWR
Neutral
medium confidence
Mentioned
$RDWR
Relevance
7/10
alphai data visualization · based on finanznachrichten.de
Decision brief

The 30-second read

$RDWRNeutralMed
01

Why it matters

The key trade question is whether the market rewards recurring cloud momentum (Cloud ARR > $100M) enough to offset weaker GAAP EPS and negative operating cash flow.

02

Market read

A fresh quarterly earnings release with quantified revenue, Cloud ARR, EPS, and cash flow, plus an earnings call scheduled the same day.

03

What to watch

Investors may discount non-GAAP EPS strength if cash flow deterioration persists, and should watch whether regional mix (Americas strength, EMEA softness) continues into Q3.

Relevance 7/10Novelty 7/10Timing: today’s earnings release and same-day earnings call (July 29, 2026)

Background

Radware is a cybersecurity and application security and delivery vendor, reporting Q2 2026 results with both GAAP and non-GAAP profitability metrics plus Cloud ARR as a key KPI.

Company-level read

Ticker impact

$RDWRNeutralMedium confidence
Context

Radware reported Q2 2026 revenue of $82.3M (+11% YoY) and Cloud ARR of $103M (+22% YoY).

Expected impact

Likely modest post-earnings volatility, with focus on Cloud ARR growth versus cash flow and GAAP profitability.

Evidence & confidence

The article provides multiple hard datapoints (revenue, Cloud ARR, GAAP vs non-GAAP EPS, operating cash flow) but no explicit Q3 guidance numbers, limiting conviction on direction.

Market effects

Signals demand momentum in cloud security and application delivery, potentially read-through for cybersecurity software peers focused on recurring ARR.

Americas growth (+24% YoY) contrasts with flat-to-down EMEA (-2% YoY), suggesting regional execution divergence.

Moderate relevance for the broader application security theme, but not a sector-wide catalyst.

Counterpoint

Cloud ARR growth may not translate into cash generation, given operating cash flow was negative in the quarter.

Key entities

  • Radware

    NASDAQ-listed application security and delivery solutions provider reporting Q2 2026 financial results.

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