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Side-by-side financial comparison of RADWARE LTD (RDWR) and RHYTHM PHARMACEUTICALS, INC. (RYTM). Click either name above to swap in a different company.

RADWARE LTD is the larger business by last-quarter revenue ($75.3M vs $60.1M, roughly 1.3× RHYTHM PHARMACEUTICALS, INC.). RADWARE LTD runs the higher net margin — 7.5% vs -92.6%, a 100.1% gap on every dollar of revenue. Over the past eight quarters, RHYTHM PHARMACEUTICALS, INC.'s revenue compounded faster (43.8% CAGR vs 7.1%).

Radware Ltd. is an American provider of cybersecurity and application delivery products for physical, cloud and software-defined data centers. Radware's corporate headquarters are located in Mahwah, New Jersey. The company also has offices in Europe, Africa and Asia Pacific regions. The company's global headquarters is in Israel. Radware is a member of the Rad Group of companies and its shares are traded on NASDAQ.

Rhythm Pharmaceuticals is a biopharmaceutical firm focused on developing and commercializing targeted therapies for rare genetic disorders causing severe unmanageable obesity, including POMC deficiency, LEPR deficiency, and Bardet-Biedl syndrome. It serves patients in North America and Europe who lack effective standard treatments for their chronic life-altering conditions.

RDWR vs RYTM — Head-to-Head

Bigger by revenue
RDWR
RDWR
1.3× larger
RDWR
$75.3M
$60.1M
RYTM
Higher net margin
RDWR
RDWR
100.1% more per $
RDWR
7.5%
-92.6%
RYTM
Faster 2-yr revenue CAGR
RYTM
RYTM
Annualised
RYTM
43.8%
7.1%
RDWR

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
RDWR
RDWR
RYTM
RYTM
Revenue
$75.3M
$60.1M
Net Profit
$5.7M
$-55.6M
Gross Margin
80.7%
88.1%
Operating Margin
4.1%
-87.1%
Net Margin
7.5%
-92.6%
Revenue YoY
83.8%
Net Profit YoY
EPS (diluted)
$-0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
RDWR
RDWR
RYTM
RYTM
Q1 26
$60.1M
Q4 25
$57.3M
Q3 25
$75.3M
$51.3M
Q2 25
$74.2M
$48.5M
Q1 25
$72.1M
$32.7M
Q4 24
$41.8M
Q3 24
$69.5M
$33.3M
Q2 24
$67.3M
$29.1M
Net Profit
RDWR
RDWR
RYTM
RYTM
Q1 26
$-55.6M
Q4 25
$-47.5M
Q3 25
$5.7M
$-52.9M
Q2 25
$4.2M
$-46.6M
Q1 25
$4.3M
$-49.5M
Q4 24
$-43.3M
Q3 24
$3.1M
$-43.6M
Q2 24
$1.7M
$-32.3M
Gross Margin
RDWR
RDWR
RYTM
RYTM
Q1 26
88.1%
Q4 25
91.6%
Q3 25
80.7%
89.3%
Q2 25
80.7%
88.6%
Q1 25
80.6%
88.8%
Q4 24
90.9%
Q3 24
80.7%
88.5%
Q2 24
80.6%
89.9%
Operating Margin
RDWR
RDWR
RYTM
RYTM
Q1 26
-87.1%
Q4 25
-82.2%
Q3 25
4.1%
-102.6%
Q2 25
3.8%
-93.4%
Q1 25
2.2%
-143.7%
Q4 24
-98.6%
Q3 24
-0.0%
-132.0%
Q2 24
-1.8%
-139.2%
Net Margin
RDWR
RDWR
RYTM
RYTM
Q1 26
-92.6%
Q4 25
-83.0%
Q3 25
7.5%
-103.1%
Q2 25
5.7%
-96.1%
Q1 25
6.0%
-151.4%
Q4 24
-103.6%
Q3 24
4.5%
-131.2%
Q2 24
2.5%
-110.9%
EPS (diluted)
RDWR
RDWR
RYTM
RYTM
Q1 26
$-0.83
Q4 25
$-0.73
Q3 25
$-0.82
Q2 25
$-0.75
Q1 25
$-0.81
Q4 24
$-0.71
Q3 24
$-0.73
Q2 24
$-0.55

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RDWR
RDWR
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$98.7M
$340.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$357.1M
$122.9M
Total Assets
$618.7M
$442.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RDWR
RDWR
RYTM
RYTM
Q1 26
$340.6M
Q4 25
$388.9M
Q3 25
$98.7M
$416.1M
Q2 25
$98.7M
$291.0M
Q1 25
$98.7M
$314.5M
Q4 24
$320.6M
Q3 24
$70.5M
$298.4M
Q2 24
$70.5M
$319.1M
Stockholders' Equity
RDWR
RDWR
RYTM
RYTM
Q1 26
$122.9M
Q4 25
$139.1M
Q3 25
$357.1M
$148.8M
Q2 25
$357.1M
$-11.9M
Q1 25
$357.1M
$18.9M
Q4 24
$21.7M
Q3 24
$323.3M
$11.2M
Q2 24
$323.3M
$39.3M
Total Assets
RDWR
RDWR
RYTM
RYTM
Q1 26
$442.3M
Q4 25
$480.2M
Q3 25
$618.7M
$506.9M
Q2 25
$618.7M
$372.7M
Q1 25
$618.7M
$386.7M
Q4 24
$392.3M
Q3 24
$571.9M
$363.6M
Q2 24
$571.9M
$381.8M

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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