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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 261,292 $ 293,426 $ 286,496
Cost of revenues:      
Total cost of revenues 51,710 53,884 52,446
Gross profit 209,582 239,542 234,050
Operating expenses, net:      
Research and development, net 82,617 86,562 74,098
Sales and marketing 126,237 126,533 119,842
General and administrative 32,408 29,786 21,885
Total operating expenses, net 241,262 242,881 215,825
Operating income (loss) (31,680) (3,339) 18,225
Financial income, net 13,927 8,052 4,407
Income (loss) before taxes on income (17,753) 4,713 22,632
Taxes on income 3,837 4,879 14,821
Net income (loss) attributable to Radware Ltd.’s shareholders $ (21,590) $ (166) $ 7,811
Basic net earnings (loss) per share $ (0.5) $ 0 $ 0.17
Diluted net earnings (loss) per share $ (0.5) $ 0 $ 0.16
Weighted-average shares used to compute net income (loss) per share, Basic 42,871,770 44,943,168 45,919,835
Weighted-average shares used to compute net income (loss) per share, Diluted 42,871,770 44,943,168 47,503,091
Products [Member]      
Revenues:      
Total revenues $ 145,541 $ 172,161 $ 170,438
Cost of revenues:      
Total cost of revenues 41,450 43,014 42,191
Services [Member]      
Revenues:      
Total revenues 115,751 121,265 116,058
Cost of revenues:      
Total cost of revenues $ 10,260 $ 10,870 $ 10,255