Radware Posts 11% Revenue Growth in Q1 2026, Cloud ARR Surges 23%
Event summary
- Radware reported Q1 2026 revenue of $79.8 million, up 11% year-over-year.
- Cloud ARR increased 23% to $98 million, driven by API Protection momentum.
- Americas revenue surged 40%, while EMEA declined 11% and APAC remained flat.
- Non-GAAP diluted EPS from continuing operations was $0.30, down from $0.31 in Q1 2025.
- Cash flow from continuing operations totaled $19.9 million.
The big picture
Radware's Q1 2026 results highlight the growing importance of cloud and API security in multi-cloud environments. The company's strong performance in the Americas contrasts with challenges in EMEA, reflecting broader regional market dynamics. As cybersecurity threats evolve, Radware's ability to scale its platform and capitalize on cloud security opportunities will be critical.
What we're watching
- Cloud Security Growth
- Whether Radware can sustain its 23% cloud ARR growth amid increasing competition in API security.
- Regional Dynamics
- How Radware will address the 11% revenue decline in EMEA while capitalizing on the 40% growth in the Americas.
- Execution Risk
- The pace at which Radware integrates its new API Protection offerings into existing customer workflows.
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