Check Point Software Technologies Ltd
NASDAQ:CHKP

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Check Point Software Technologies Ltd Logo
Check Point Software Technologies Ltd
NASDAQ:CHKP
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Price: 189.14 USD 0.61% Market Closed
Market Cap: 20.3B USD

Check Point Software Technologies Ltd
Investor Relations

Check Point Software Technologies Ltd., a stalwart in the realm of cybersecurity, was founded in 1993 in Ramat Gan, Israel. It emerged during a pivotal moment when the internet was evolving from a novel curiosity into a critical infrastructure for business and society. Stepping beyond the embryonic stages of the internet, Check Point was at the vanguard, crafting solutions to protect the nascent digital landscape against evolving threats. The company's inception was marked by its pioneering "Stateful Inspection" technology, which revolutionized network security by efficiently inspecting data packets traversing digital boundaries. This innovation laid the groundwork for what would become a comprehensive suite of cybersecurity solutions.

Check Point's core business model centers around providing robust cybersecurity defenses through its integrated, multi-layered approach—often conceptualized as building an impregnable digital fortress. Its primary revenue streams come from selling software and hardware products like firewalls and threat prevention suites and from offering subscription-based services such as security updates and critical threat intelligence. With a solid global presence and a client portfolio ranging from small businesses to massive multinational enterprises, Check Point generates a steady, recurring flow of income through licensing agreements and customer renewals. The company remains agile, constantly advancing its research and development to anticipate future threats, ensuring its place as a leader in the cybersecurity sector while relentlessly defending the digital infrastructures of its clients.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 28, 2025
AI Summary
Q3 2025

Revenue Beat: Q3 revenue grew 7% to $678 million, exceeding the midpoint by $6 million.

Billings Surge: Calculated billings jumped 20% year-over-year to $672 million, a level not seen in at least a decade.

EPS Boosted by Tax Benefit: EPS reached $3.94, including a $1.47 one-time tax benefit; even excluding this, EPS exceeded guidance.

Raised Guidance: Management raised full-year 2025 revenue guidance midpoint by $15 million, now expecting 6% annual growth.

Strong Cash Flow: Operating cash flow was $241 million, and would have been up 23% year-over-year excluding a one-time tax payment.

Strategic M&A: Closed two acquisitions—Veriti and Lakera—to expand exposure management and AI security capabilities.

Momentum in Emerging Tech: ARR for SASE, Harmony Email, and external risk management products grew over 40% year-over-year.

Guidance Factors: Q4 guidance takes into account FX headwinds and Lakera acquisition, with both expected to weigh on margins and EPS.

Key Financials
Revenue
$678 million
Calculated Billings
$672 million
Deferred Revenue
$1.887 billion
Current Calculated Billings
$642 million
Remaining Performance Obligation
$2.4 billion
ARR (Emerging Technology: SASE, Harmony Email, ERM)
over 40% YoY growth
Gross Profit
$602 million
Gross Margin
89%
Operating Expenses
up 11%
Operating Income
$282 million
Operating Margin
42%
EPS
$3.94
Operating Cash Flow
$241 million
Operating Cash Flow (excl. one-time tax payment)
up 23% YoY
Total Cash and Marketable Securities
$2.8 billion
Share Repurchase
$325 million at average price of $198
Price Increase (Quantum Firewall)
5% price increase effective 1/1/2026
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
+97237534555.0
www.checkpoint.com