Core Insights - The primary driver of DDoS activity is geopolitical and ideological conflict, with hacktivism evolving into a persistent threat in 2025 [10] - Cyberattack activity has dramatically escalated in 2025, with increasing sophistication, speed, and scale of threats facing organizations globally [2][11] DDoS Attack Trends - Network-layer DDoS attacks increased by 168.2% year over year, with peak attack volumes reaching almost 30 Tbps, indicating a resurgence of brute-force volumetric attacks [3] - Web DDoS attacks surged by 101.4% compared to 2024, with most high-impact attacks lasting less than 60 seconds, making traditional defenses less effective [4] - In the second half of 2025, the average Radware customer experienced over 25,351 network-layer DDoS attacks, averaging 139 attacks per day [7] Targeted Industries and Regions - The technology sector accounted for 45% of all network-layer DDoS attacks, a significant increase from 8.77% in 2024 [7] - North America was the most targeted region, accounting for 63.1% of all network-layer DDoS attacks globally, followed by the Middle East (16.1%) and Europe (13.7%) [7] - EMEA accounted for 57% of all Web DDoS attacks, while APAC saw a 485% year-over-year increase in Web DDoS activity [8] Application and API Attacks - Malicious web application and API transactions rose by 128% year over year, confirming the application layer as the primary battleground for modern cyberattacks [5] - Vulnerability exploitation accounted for 41.8% of observed application-layer attacks, rising to nearly 58% in Q4 2025 [8] Bad Bot Activity - Bad bot activity increased by 91.8%, driven by generative AI tools that lowered the barrier for attackers [9] - In the first half of 2025, bad bot activity reached 89.2% of the total volume observed in all of 2024 [16] Conclusion - The threat landscape is evolving rapidly, with attackers leveraging automation, AI, and multi-vector strategies to disrupt operations at scale [11]

Core Insights - The event is Radware's Investor Day, featuring presentations from key executives on the company's vision, strategy, growth plan, innovation, market approach, and financial performance [1]. Group 1: Presentations Overview - Roy Zisapel will present the company's vision and strategy [1]. - Connie Stack will discuss the growth plan [1]. - David Aviv will cover innovation and offerings [1]. - David Roth and Randy Wood will present the go-to-market strategy [1]. - Guy Avidan will conclude with financial performance insights [1]. - A Q&A session with executives will follow the presentations [1].

Radware (NasdaqGS:RDWR) 2026 Investor Day February 17, 2026 09:30 AM ET Company ParticipantsConnie Stack - Chief Growth OfficerDavid Aviv - CTORoy Zisapel - President and CEONone - Video NarratorModeratorHello, good morning. Good morning, everyone, and welcome to Radware's Investor Day. We are happy, excited, to host you here in person and also on the webcast. So in our agenda today, we'll start with Roy Zisapel, who will present the vision and the strategy. Followed by Connie Stack, who will present the gr ...

February 17, 2026 Agenda Welcome Yisca Erez: Director, Investor Relations Vision & Strategy Roy Zisapel: President & CEO Growth Plan Connie Stack: Chief Growth Officer Innovation & Offering David Aviv: CTO 10-MINUTE BREAK GTM Strategy Investor Day This presentation includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements made herein that are not statements of historical fact, including statements about Radware's plans, outlook, beliefs, ...

TEL AVIV, Israel, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced that its board of directors has authorized a new plan to repurchase up to $80 million of its issued and outstanding ordinary shares (the “2026 Plan”). The 2026 Plan will expire on March 15, 2027. The 2026 Plan authorizes management to repurchase ordinary shares, from time to time, in open market transactions, in privately ne ...

Financial Data and Key Metrics Changes - In Q4 2025, revenue increased 10% year-over-year to $80 million, with non-GAAP earnings per share growing 19% to $0.32 [5][14] - For the full year 2025, revenue also grew 10% year-over-year, surpassing $300 million, with net income rising 37% to $51.5 million [5][20] - Adjusted EBITDA for Q4 2025 increased by 25% to $13.7 million, while for the full year, it rose by 37% to $47.4 million [18][20] Business Line Data and Key Metrics Changes - Cloud ARR rose 23% year-over-year to $95 million in Q4 2025, contributing significantly to overall revenue growth [6][15] - Subscription revenues surged 21% year-over-year, driven by strong demand for defense products [10] - The defense products segment saw exceptional double-digit year-over-year growth in Q4 and for the full year [10] Market Data and Key Metrics Changes - The Americas region saw a revenue decline of 4% year-over-year in Q4, but grew 6% for the full year [16] - EMEA revenue increased 38% year-over-year in Q4, accounting for 40% of total revenue, while APAC revenue declined 3% in Q4 [16] Company Strategy and Development Direction - The company aims to gain market share in cloud security, lead through AI innovation, and expand its go-to-market footprint [5][12] - The acquisition of Pynt enhances the company's API security capabilities, positioning it for growth in a rapidly expanding market [9] - The introduction of the Agentic AI Protection solution marks a significant expansion of the company's security platform [10] Management's Comments on Operating Environment and Future Outlook - Management highlighted the increasing sophistication of cyberattacks, necessitating advanced AI-based security solutions [31][32] - The company expects RPO growth to align with revenue growth in 2026, reflecting strong booking performance [25] - Management expressed confidence in the robust demand and backlog entering 2026, which supports the revenue guidance for Q1 2026 [36] Other Important Information - The company plans to increase investments in innovation and go-to-market initiatives in 2026 [17][22] - The effective tax rate for 2025 was 15.3%, with expectations to remain stable in the coming quarters [19] Q&A Session Summary Question: What drove the strength in RPO growth? - Management attributed the strength to strong bookings in both cloud and product subscriptions, expecting RPO growth to align with revenue growth in 2026 [25] Question: Update on the Americas market and growth profile? - Management noted strong booking performance in North America and plans to increase investments in the region to support growth [27] Question: How is security positioned in relation to AI disruption? - Management emphasized the need for AI-based security solutions due to the increasing sophistication of attacks, positioning the company well in the market [31][32] Question: Changes needed for selling API and Agentic AI security solutions? - API security is integrated into the existing sales force, while a dedicated team is being formed for the new Agentic AI market [40] Question: Timing of product delivery relative to marketplace development? - Management believes the timing is favorable as enterprises are moving from proof of concept to production, with a strong offering ready to address security concerns [49]

Financial Data and Key Metrics Changes - In Q4 2025, revenue increased by 10% year-over-year to $80 million, with non-GAAP earnings per share growing by 19% to $0.32 [5][14] - For the full year 2025, revenue also grew by 10% year-over-year, surpassing $300 million, while net income rose by 37% to $51.5 million [20][5] - Adjusted EBITDA for Q4 2025 increased by 25% to $13.7 million, and for the full year, it rose by 37% to $47.4 million [18][20] Business Line Data and Key Metrics Changes - Cloud ARR grew by 23% year-over-year to $95 million in Q4 2025, marking a significant acceleration from 19% growth at the beginning of the year [6][15] - Subscription revenues surged by 21% year-over-year, driven by strong demand for product subscriptions and defense products [10][12] - The defense products segment saw exceptional double-digit year-over-year growth in Q4 and for the full year [10] Market Data and Key Metrics Changes - The Americas region experienced a 4% decline in Q4 year-over-year, but grew by 6% for the full year, accounting for 41% of total revenue [16] - EMEA revenue increased by 38% year-over-year in Q4, representing 40% of total revenue, while APAC revenue declined by 3% in Q4 but grew by 5% for the full year [16] Company Strategy and Development Direction - The company aims to gain market share in cloud security, lead through AI and algorithmic-driven innovation, and expand its go-to-market footprint [5][12] - The acquisition of Pynt enhances the company's API security capabilities, providing a full-life cycle API security solution [9] - The introduction of the Agentic AI Protection solution positions the company at the forefront of securing the next era of AI [10] Management's Comments on Operating Environment and Future Outlook - Management highlighted the increasing sophistication of cyberattacks, necessitating stronger security measures, particularly as attackers leverage AI [31][32] - The company expects RPO growth to align with revenue growth in 2026, reflecting strong booking performance [25] - The outlook for Q1 2026 anticipates total revenue in the range of $78 to $79 million, supported by a solid backlog [22][36] Other Important Information - The company plans to increase investments in innovation and go-to-market initiatives in 2026 [17][22] - The effective tax rate for 2025 was 15.3%, with expectations to remain stable in the coming quarters [19] Q&A Session Summary Question: What drove the strength in RPO growth? - Management attributed the strength to strong bookings in both cloud and product subscriptions, expecting RPOs to grow in line with revenue growth for 2026 [25] Question: Update on the Americas market and growth profile? - Management noted strong booking performance in North America and plans to increase investments in the region to support growth [27] Question: Broader market environment and AI disruption? - Management emphasized the need for stronger security as attacks become more sophisticated, positioning the company well in the market [31][32] Question: Changes needed for API and Agentic AI security solutions? - API security is integrated into the existing sales force, while a dedicated group is being formed for the new Agentic AI market [40] Question: Timing of product delivery relative to marketplace development? - Management believes the timing is favorable as enterprises are moving from proof of concept to production, with a strong offering ready [49]

Financial Data and Key Metrics Changes - In Q4 2025, revenue increased 10% year-over-year to $80 million, and non-GAAP earnings per share grew 19% to $0.32 [5][12] - For the full year 2025, revenue also grew 10% year-over-year, surpassing $300 million, with net income rising 37% to $51.5 million [12][18] - Adjusted EBITDA for Q4 2025 increased by 25% to $13.7 million, while for the full year, it rose by 37% to $47.4 million [16][18] Business Line Data and Key Metrics Changes - Cloud ARR rose 23% year-over-year to $95 million in Q4, demonstrating accelerated growth from 19% at the beginning of 2025 [6][13] - Subscription revenues surged 21% year-over-year, driven by strong demand for product subscriptions and defense products [9][12] - The defense products segment saw exceptional double-digit year-over-year growth in Q4 and for the full year of 2025 [9] Market Data and Key Metrics Changes - In the Americas, Q4 revenue declined 4% year-over-year to $32 million, while full-year revenue grew 6% to $125 million [14] - EMEA region saw a 38% year-over-year revenue increase in Q4 to $32 million, with full-year revenue growing 18% to $111 million [14] - APAC revenue declined 3% year-over-year to $16 million in Q4, but grew 5% for the full year to $66 million [14] Company Strategy and Development Direction - The company aims to gain market share in cloud security, lead through AI innovation, and expand its go-to-market footprint [5][11] - Recent acquisitions, such as Pynt, enhance the company's API security capabilities and support its growth strategy in the rapidly expanding market [8][19] - The introduction of the Agentic AI Protection solution positions the company at the forefront of securing AI applications, indicating a strategic focus on emerging technologies [9][31] Management's Comments on Operating Environment and Future Outlook - Management highlighted the increasing sophistication of cyberattacks and the necessity for AI-based security solutions [28][30] - The company expects strong demand to continue into 2026, with a robust pipeline across existing and new customers [9][19] - Guidance for Q1 2026 anticipates total revenue in the range of $78-$79 million, reflecting confidence from a solid backlog [19] Other Important Information - The company plans to increase investments in innovation and go-to-market initiatives in 2026 [15][19] - The effective tax rate for 2025 was 15.3%, with expectations to remain stable in the coming quarters [17] Q&A Session Summary Question: What drove the strength in RPO growth? - Management attributed the strength to strong bookings in both cloud and product subscriptions, expecting RPO growth to align with revenue growth in 2026 [23][25] Question: Update on the growth profile of the Americas? - Management noted strong bookings in North America and plans to increase investments in the region to support growth [25] Question: How is security positioned in relation to AI disruption? - Management emphasized the need for AI-based defense due to the increasing sophistication of attacks, positioning the company well in the market [28][30] Question: Changes needed for selling API and Agentic AI security solutions? - API security is integrated into the existing sales force, while a dedicated group is being formed for Agentic AI to navigate the new market [37][41] Question: Timing of product delivery relative to marketplace development? - Management believes the timing is favorable as enterprises are moving from proof of concept to production, with a strong offering ready to address security concerns [45][46]

Core Insights - Radware achieved record revenue and earnings in 2025, driven by growth in cloud security and advanced protection solutions [2][3][7] Financial Performance - Fourth quarter revenue reached $80.2 million, a 10% increase year-over-year, while full year revenue totaled $301.9 million, also up 10% from 2024 [3][7] - GAAP net income for Q4 2025 was $6.0 million ($0.13 per diluted share), compared to $2.5 million ($0.06 per diluted share) in Q4 2024 [3][19] - Non-GAAP net income for Q4 2025 was $14.5 million ($0.32 per diluted share), up from $11.9 million ($0.27 per diluted share) in Q4 2024 [4][21] - Full year GAAP net income was $20.3 million ($0.45 per diluted share), compared to $6.0 million ($0.14 per diluted share) in 2024 [3][19] - Full year non-GAAP net income was $51.5 million ($1.15 per diluted share), an increase from $37.7 million ($0.87 per diluted share) in 2024 [4][21] Cash Flow and Assets - As of December 31, 2025, the company had cash and cash equivalents totaling $460.6 million [5] - Cash flow from operations was $17.3 million in Q4 2025 and $50.1 million for the full year [5][24] Regional Revenue Breakdown - Revenue in the Americas for Q4 2025 was $31.6 million, a decrease of 4% from Q4 2024, while full year revenue was $124.5 million, an increase of 6% [8] - EMEA region revenue for Q4 2025 was $32.2 million, up 38% from Q4 2024, with full year revenue at $111.3 million, an 18% increase [8] - APAC region revenue for Q4 2025 was $16.4 million, a decrease of 3% from Q4 2024, while full year revenue was $66.1 million, a 5% increase [8] Key Performance Indicators - Cloud Annual Recurring Revenue (ARR) approached $100 million, reaching $95.2 million, a 23% increase year-over-year [2][7] - Total ARR was $251.0 million, an 11% increase year-over-year [7]

TEL AVIV, Israel, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Radware® (NASDAQ: RDWR), a global leader in application security and delivery solutions for multi-cloud environments, today announced that it will host an Investor Day on Tuesday, February 17, 2026, to be held in person at Convene 530 Fifth Avenue, New York City. The event will feature presentations from Radware’s executive management team and is expected to begin at 9:30 a.m. ET and conclude at approximately 12:15 p.m. ET. A live webcast of the event will ...