Radware Ltd. reported record revenue of $82.3 million [1] for the second quarter of 2026 during a financial results call on July 29 [6].
The results highlight a growing corporate shift toward integrated cloud security and API protection as organizations face more complex digital threats. The company's ability to scale its recurring revenue streams suggests a stabilizing transition from hardware-centric sales to cloud-based services.
Revenue for the quarter increased 11% [2] compared to the same period last year. This growth was primarily driven by demand for cloud security, API protection, and on-premises DDoS mitigation [5]. These sectors have become central to the company's strategy to capture a larger share of the cybersecurity market.
Radware also reported its Cloud Annual Recurring Revenue, known as Cloud ARR, reached $103 million [5]. This metric serves as a key indicator of the company's long-term predictability and customer retention in the cloud sector.
On the profitability front, the company reported non-GAAP net income from continuing operations of $13.0 million [3]. This resulted in a non-GAAP net income per diluted share of $0.30 [4].
The company hosted the earnings release and the subsequent investor call via a webcast on its corporate website [6]. The event allowed executives to discuss the current performance and provide an outlook for the remainder of the fiscal year.
Radware continues to focus on its hybrid security approach, blending on-premises hardware with cloud-native tools to protect against distributed denial-of-service attacks. This dual strategy aims to support clients who maintain legacy infrastructure while migrating to the cloud.
“Radware reported record revenue of $82.3 million for the second quarter of 2026.”
The record revenue and growth in Cloud ARR indicate that Radware is successfully pivoting toward a software-as-a-service model. By diversifying its portfolio to include API protection and cloud-native DDoS mitigation, the company is reducing its reliance on one-time hardware sales and creating a more predictable, recurring revenue stream that appeals to institutional investors.
