14 slides from Check Point Software Technologies's earnings presentation, Jul 30, 2025
Slide 1: 2025 Second Quarter Financial Results
2025 Second Quarter Financial Results July 30 , 2025 Nadav Zafrir Roei Golan Kip E. Meintzer CEO CFO Global Head of IR ©2025 Check Point Software Technologies Ltd. 1
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation may contain certain forward-looking statements. These forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this report include, but are not limited to: Our expectations
Slide 3: Financial Results
Financial Results ©2025 Check©2025 Point Software Check Point Technologies Software Technologies Ltd. Ltd. 3
Slide 4: Q2-25 Revenues & EPS
Q2-25 Revenues & EPS Non-GAAP* $665M Revenues Actual $3 Million Above the Midpoint of Mid-Point our projections $642M $662M $682M EPS* $2.37 Met our projections Actual Mid-Point $2.32 $2.37 $2.42 *Non-GAAP excludes equity-based compensation charges, amortization of acquired intangibles and acquisiti
Slide 5: Q2-25 Results
Q2-25 Results Q2-24 Q2-25 Y/Y % Total Revenues $627M $665M 6% Deferred Revenues $1,818M $1,893M 4% Calculated Billings* $620M $642M 4% Remaining Performance Obligation** $2,256M $2,386M 6% * Calculated Billings is a measure that we defined as total revenues recognized in accordance with GAAP plus th
Slide 6: Global Revenue Distribution – Growth in all GEO's
Global Revenue Distribution – Growth in all GEO’s +Americas + EMEA + APAC 43% 45% 12% +5% +5% +15% Q2-24 Q2-25 Q2-24 Q2-25 Q2-24 Q2-25 ©2025 Check Point ©2025 Check Point Software Software Technologies TechnologiesLtd. Ltd. 6
Slide 7: Quarterly Operating Performance
Quarterly Operating Performance Non-GAAP* Q2-24 Q2-25 Y/Y YOY Total Revenues $627M $665M +6% Gross Profit $557M $585M +5% Operating Expenses $292M $314M +7% Operating Income $265M $271M +2% Net Income $246M $261M +6% EPS $2.17 $2.37 +9% *Non-GAAP excludes equity-based compensation charges, amortizat
Slide 8: Strong Cash Flow & Cash Position
Strong Cash Flow & Cash Position $262 Million* + $262M Quarterly Operating Cash Flow $200M 31% Growth $2.9 Billion Cash, Marketable Securities & Y/Y Short Term Deposits $325 Million Second Quarter Share Repurchase Q2-24 Q2-25 *Includes benefit of $50M from hedging transactions, and costs of $6m in r
Slide 9: Financial Summary
– Revenues & EPS Inline with our Projections – Accelerated Quantum Force Appliance Demand Financial Summary – Continued Strong Demand for Email, SASE and ERM – Strong Profitability ©2025 Check Point Software Technologies Ltd. 9
Slide 10: Business Outlook
Business Outlook ©2025 Check Point Software Technologies Ltd. 10
Slide 11: Business Outlook
Business Outlook* Q3 2025 FY2025 (No Change) Revenues $657M - $687M $2,660M-$2,760M Y/Y Growth 3% - 8% 4% - 8% Non-GAAP EPS** $2.40 - $2.50 $9.60- $10.20 Y/Y Growth 7% - 11% 5% - 11% GAAP EPS is Expected to be approximately 68 Cents Less $2.30 Less * Based on information available to Check Point Sof
Slide 12: Q&A Session
Q&A Session ©2025 Check Point Software Technologies Ltd. 12
Slide 13: GAAP to Non-GAAP Consolidated Statement of Income Reconciliation
GAAP to Non-GAAP Consolidated Statement of Income Reconciliation Three Months Ended June 30, 2025 Three Months Ended June 30, 2024 Amortization of Amortization of intangible assets Taxes on intangible assets Taxes on Stock-based Stock-based (In millions, except per share amounts) GAAP and acquisitio
Slide 14: GAAP to Non-GAAP Consolidated Statement of Income Reconciliation
GAAP to Non-GAAP Consolidated Statement of Income Reconciliation Six Months Ended June 30, 2025 Six Months Ended June 30, 2024 Amortization of Amortization of intangible assets Taxes on intangible assets Taxes on Stock-based Stock-based (In millions, except per share amounts) GAAP and acquisition re