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Check Point Software Technologies Ltd
F:CPW

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Check Point Software Technologies Ltd Logo
Check Point Software Technologies Ltd
F:CPW
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Price: 113.35 EUR -1.56% Market Closed
Market Cap: €12.6B

Check Point Software Technologies Ltd
Investor Relations

Check Point Software Technologies makes cybersecurity products that help companies protect networks, devices, cloud systems, and remote users from hacking and data theft. Its core products include firewalls, threat-prevention software, endpoint security, and cloud security tools that sit at key points in a customer’s IT environment and inspect traffic and activity for attacks. Its main customers are businesses, public-sector organizations, and service providers that need to defend corporate networks and user access. Check Point sells through software licenses, subscriptions, support contracts, and security appliances, so it earns money when customers buy the products upfront and then keep paying for updates, threat intelligence, and ongoing protection. What makes Check Point’s business model distinct is that it sits in a critical layer of cybersecurity infrastructure rather than a single app or niche tool. It is strongest where security must be enforced consistently across firewalls, endpoints, and cloud workloads, which makes it a long-term vendor for organizations that want one set of tools to monitor and block threats across many parts of their environment.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Jul 30, 2026
AI Summary
Q2 2026

Q2 in line: Check Point said second-quarter results were in line with expectations, with total revenue of $674 million and non-GAAP EPS of $2.55 beating guidance.

Mixed demand: Subscription revenue grew 12% year over year, helped by emerging products like email security and CTEM, while product revenue fell 14% because of softer firewall appliance demand and go-to-market disruption.

Q4 expected to rebound: Management said Q3 should be the trough, with stronger Q4 pipeline and a return to product revenue growth in the fourth quarter.

AI push: The company launched what it called the industry’s first AI network firewall and framed AI security as a major long-term opportunity.

Hiring surge: Check Point is hiring about 300 additional go-to-market employees, but management said that benefit will mostly show up in 2027, not 2026.

Outlook held: Full-year guidance was unchanged, while Q3 guidance called for revenue of $665 million to $685 million and non-GAAP EPS of $2.43 to $2.53.

Key Financials
Revenue
$674 million
Subscription revenue
$333 million
Product revenue
down 14%
Adjusted free cash flow
$161 million
EPS
$2.55
Deferred revenues
$2.025 billion
Calculated billing
$639 million
Current calculated billing
$641 million
Remaining performance obligation
$2.55 billion
Current remaining performance obligation
$1.6 billion
Gross profit
$588 million
Gross margin
87%
Operating expenses, net of R&D grants
$328 million
Operating income
$260 million
Operating margin
39%
Non-GAAP net income
$264 million
GAAP net income
$194 million
GAAP EPS
$1.87
Cash and marketable securities
$4.2 billion
Share repurchases
2.5 million shares for $325 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Gil Shwed
Founder, CEO & Director
No Bio Available
Ms. Rupal Shah Hollenbeck
President
No Bio Available
Dr. Dorit Dor Ph.D.
Chief Technology Officer
No Bio Available
Mr. Sharon Schusheim
Chief Services Officer
No Bio Available
Mr. Itai Greenberg
Chief Strategy Officer & Head of Cloud Security Business
No Bio Available
Mr. Roei Golan
Chief Financial Officer
No Bio Available
Mr. Alex Spokoiny
Chief Information Officer
No Bio Available
Mr. Kip E. Meintzer
Head of Global Investor Relations
No Bio Available
Shira Yashar
General Counsel
No Bio Available
Mr. Shashi Kiran
Chief Marketing Officer
No Bio Available

Contacts

Address
TEL AVIV-YAFO
5 Shlomo Kaplan Street
Contacts