Radware Ltd., together with its subsidiaries, develops, manufactures, and markets cyber security and application delivery solutions for cloud, on-premises, and software defined data canters. It operates in two segments, Radware's Core Business and The Hawks' Business. The company offers cloud application protection service, cloud WAF, bot manager, API protection, web DDoS protection, client-side protection, threat intelligence, Kubernetes WAAP, and Alteon …
Full RDWR analysis →
Competitive advantage assessment
Key strengths
Premium Software MarginsGross margin quality is strong versus peers (score 0.75), consistent with premium software economics.
Consistent Subscription GrowthRevenue consistency is strong (score 0.69), pointing to a sticky customer base.
Radware Ltd. ranks #78 of 176
scored companies in Software - Infrastructure by moat score — the top 44%.
The widest moat in the group is Palantir Technologies Inc. (PLTR)
at 78/100.
Moat scores for companies ranked near RDWR in Software - Infrastructure
How RDWR scores on the Software & SaaS Specialized defenses
Pricing Power
Score 71
· 20% of the moat score
In software, pricing power is visible in gross margin: a vendor that has to discount in order to renew gives it up first.
Recurring Revenue Stickiness
Score 48
· 18% of the moat score
Recurring revenue is the model's central claim, and it is a moat only when customers renew and expand without being re-sold each year.
Innovation Engine
Score 35
· 16% of the moat score
Software is competed away rather than depreciated, so a vendor that stops investing loses its category.
Cash Scalability
Score 50
· 18% of the moat score
The test of a software business is whether growth eventually stops consuming cash.
Capital Efficiency
Score 64
· 16% of the moat score
A software platform employs very little capital, so a genuine franchise should produce high returns on it without leverage.
Balance Sheet Resilience
Score 61
· 12% of the moat score
Software companies fund years of customer acquisition before those customers pay back, which makes access to capital a strategic variable rather than a treasury detail.
Radware Ltd. (RDWR) scores 55 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #78 of 176 scored companies in Software - Infrastructure, the top 44%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 175 companies in Software - Infrastructure. Its strongest defense is Pricing Power (71/100) and its weakest is Innovation Engine (35/100).
How does Radware Ltd. compare with other Software - Infrastructure companies?
Radware Ltd. ranks #78 of 176 scored companies in Software - Infrastructure by moat score. The widest moat in Software - Infrastructure is Palantir Technologies Inc. (PLTR) at 78/100. The companies ranked closest are Aurora Mobile Limited (JG) at 56 just above it and Allot Ltd. (ALLT) at 55 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Software & SaaS Specialized in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 175 companies in Software - Infrastructure. The defenses are then weighted to produce the overall score out of 100.
Why is Radware Ltd. scored with the Software & SaaS Specialized template?
Software costs almost nothing to reproduce, so the entire economic question is whether customers keep paying. Revenue is a subscription rather than a sale, the cost of winning a customer is paid years before that customer becomes profitable, and margins arrive only if renewals hold. The Software & SaaS template scores retention, reinvestment, and the point at which growth turns into cash.
Which competitive defenses are measured for Radware Ltd.?
The Software & SaaS Specialized template measures 6 defenses, and RDWR scores: Pricing Power (71), Recurring Revenue Stickiness (48), Innovation Engine (35), Cash Scalability (50), Capital Efficiency (64), Balance Sheet Resilience (61). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
We value your privacy
We use cookies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking 'Accept All', you consent to our use of cookies.
Read our cookie policy
Cookie Preferences
Manage your cookie preferences. Essential cookies are always enabled.