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Side-by-side financial comparison of RADWARE LTD (RDWR) and SentinelOne, Inc. (S), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

SentinelOne, Inc. is the larger business by last-quarter revenue ($258.9M vs $75.3M, roughly 3.4× RADWARE LTD). RADWARE LTD runs the higher net margin — 7.5% vs -23.3%, a 30.8% gap on every dollar of revenue.

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.

SentinelOne, Inc. is an American cybersecurity company listed on NYSE based in Mountain View, California. The company was founded in 2013 by Tomer Weingarten, Almog Cohen and Ehud ("Udi") Shamir. Weingarten acts as the company's CEO. The company has approximately 2,800 employees and offices in Mountain View, Boston, Prague, Tokyo, and Tel Aviv. The company uses machine learning for monitoring personal computers, IoT devices, and cloud workloads. The company's platform utilizes a heuristic mod...

RDWR vs S — Head-to-Head

Bigger by revenue
S
S
3.4× larger
S
$258.9M
$75.3M
RDWR
Higher net margin
RDWR
RDWR
30.8% more per $
RDWR
7.5%
-23.3%
S

Income Statement — Q3 2025 vs Q3 2026

Metric
RDWR
RDWR
S
S
Revenue
$75.3M
$258.9M
Net Profit
$5.7M
$-60.3M
Gross Margin
80.7%
73.8%
Operating Margin
4.1%
-28.3%
Net Margin
7.5%
-23.3%
Revenue YoY
22.9%
Net Profit YoY
23.1%
EPS (diluted)
$-0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
RDWR
RDWR
S
S
Q4 25
$258.9M
Q3 25
$75.3M
$242.2M
Q2 25
$74.2M
$229.0M
Q1 25
$72.1M
Q3 24
$69.5M
Q2 24
$67.3M
Q1 24
$65.1M
Q3 23
$61.6M
Net Profit
RDWR
RDWR
S
S
Q4 25
$-60.3M
Q3 25
$5.7M
$-72.0M
Q2 25
$4.2M
$-208.2M
Q1 25
$4.3M
Q3 24
$3.1M
Q2 24
$1.7M
Q1 24
$-1.2M
Q3 23
$-6.9M
Gross Margin
RDWR
RDWR
S
S
Q4 25
73.8%
Q3 25
80.7%
75.0%
Q2 25
80.7%
75.3%
Q1 25
80.6%
Q3 24
80.7%
Q2 24
80.6%
Q1 24
80.3%
Q3 23
79.2%
Operating Margin
RDWR
RDWR
S
S
Q4 25
-28.3%
Q3 25
4.1%
-33.3%
Q2 25
3.8%
-38.2%
Q1 25
2.2%
Q3 24
-0.0%
Q2 24
-1.8%
Q1 24
-5.6%
Q3 23
-16.5%
Net Margin
RDWR
RDWR
S
S
Q4 25
-23.3%
Q3 25
7.5%
-29.7%
Q2 25
5.7%
-90.9%
Q1 25
6.0%
Q3 24
4.5%
Q2 24
2.5%
Q1 24
-1.9%
Q3 23
-11.1%
EPS (diluted)
RDWR
RDWR
S
S
Q4 25
$-0.18
Q3 25
$-0.22
Q2 25
$-0.63
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
RDWR
RDWR
S
S
Cash + ST InvestmentsLiquidity on hand
$98.7M
$649.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$357.1M
$1.5B
Total Assets
$618.7M
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
RDWR
RDWR
S
S
Q4 25
$649.8M
Q3 25
$98.7M
$810.8M
Q2 25
$98.7M
$766.9M
Q1 25
$98.7M
Q3 24
$70.5M
Q2 24
$70.5M
Q1 24
$70.5M
Q3 23
$46.2M
Stockholders' Equity
RDWR
RDWR
S
S
Q4 25
$1.5B
Q3 25
$357.1M
$1.5B
Q2 25
$357.1M
$1.5B
Q1 25
$357.1M
Q3 24
$323.3M
Q2 24
$323.3M
Q1 24
$323.3M
Q3 23
$368.4M
Total Assets
RDWR
RDWR
S
S
Q4 25
$2.4B
Q3 25
$618.7M
$2.4B
Q2 25
$618.7M
$2.4B
Q1 25
$618.7M
Q3 24
$571.9M
Q2 24
$571.9M
Q1 24
$571.9M
Q3 23
$643.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
RDWR
RDWR
S
S
Operating Cash FlowLast quarter
$21.0M
Free Cash FlowOCF − Capex
$20.9M
FCF MarginFCF / Revenue
8.1%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
0.0%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
RDWR
RDWR
S
S
Q4 25
$21.0M
Q3 25
$-1.0M
Q2 25
$14.5M
$52.3M
Q1 25
$22.4M
Q3 24
Q2 24
$23.0M
Q1 24
Q3 23
Free Cash Flow
RDWR
RDWR
S
S
Q4 25
$20.9M
Q3 25
$-1.3M
Q2 25
$11.8M
$52.1M
Q1 25
$21.3M
Q3 24
Q2 24
$22.0M
Q1 24
Q3 23
FCF Margin
RDWR
RDWR
S
S
Q4 25
8.1%
Q3 25
-0.5%
Q2 25
15.9%
22.8%
Q1 25
29.6%
Q3 24
Q2 24
32.7%
Q1 24
Q3 23
Capex Intensity
RDWR
RDWR
S
S
Q4 25
0.0%
Q3 25
0.1%
Q2 25
3.6%
0.1%
Q1 25
1.5%
Q3 24
Q2 24
1.5%
Q1 24
Q3 23
Cash Conversion
RDWR
RDWR
S
S
Q4 25
Q3 25
Q2 25
3.43×
Q1 25
5.17×
Q3 24
Q2 24
13.84×
Q1 24
Q3 23

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

RDWR
RDWR

Segment breakdown not available.

S
S

US$154.8M60%
Non Us$104.1M40%

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