17 slides from Check Point Software Technologies's earnings presentation, Oct 28, 2025
Slide 1: 2025 Third Quarter Financial Results
2025 Third Quarter Financial Results October 28, 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: Q3-25 Revenues & EPS
Q3-25 Revenues & EPS Non-GAAP** $678M Revenues Actual $6 Million Above the Midpoint of Mid-Point our projections $657M $672M $687M EPS** $3.94* Exceeded our projections Actual Mid-Point $2.40 $2.45 $2.50 * Including $1.47 tax benefit ** Non-GAAP excludes equity-based compensation charges, amortizati
Slide 5: Q3-25 Results
Q3-25 Results Q3-24 Q3-25 Y/Y % Total Revenues $635M $678M 7% Deferred Revenues $1,745M $1,887M 8% Calculated Billings* $562M $672M 20% Current Calculated Billings* $563M $642M 14% Remaining Performance Obligation** $2,194M $2,400M 9% * Calculated Billings is a measure that we defined as total reven
Slide 6: Strong Demand Across Our Portfolio
Strong Demand Across Our Portfolio 21% 7% Services Calculated Billings* Accelerated by 21% Y/Y Q3-23 Q3-24 Q3-25 * Calculated Billings is a measure that we defined as total revenues recognized in accordance with GAAP plus the change in Total Deferred Revenues during the period. Services are represen
Slide 7: Strong Demand For Our Emerging Technologies
Strong Demand For Our Emerging Technologies* Over 40% ARR** Growth Strong Adoption of our Recent Acquisition Q3-24 Q3-25 * Includes Harmony SASE, Harmony Email and External Risk Management. ** ARR - Annualized Recurring Revenue. Annualized allocated revenue of all active contracts as of the final da
Slide 8: Global Revenue Distribution
Global Revenue Distribution – Double Digit Growth In America +Americas + EMEA + APAC 42% 45% 13% +3% +10% +8% Q3-24 Q3-25 Q3-24 Q3-25 Q3-24 Q3-25 ©2025 Check Point Software Technologies Ltd. 8
Slide 9: Quarterly Operating Performance
Quarterly Operating Performance Non-GAAP* Q3-24 Q3-25 Y/Y YOY Total Revenues $635M $678M +7% Gross Profit $563M $602M +7% Operating Expenses $289M $320M +11% Operating Income $274M $282M +3% Net Income** $255M $431M +69% EPS** $2.25 $3.94 +75% *Non-GAAP excludes equity-based compensation charges, am
Slide 10: Cash Flow & Cash Position
Cash Flow & Cash Position $241 Million Strong Operating Cash Flow $66 Million Cash Paid for Tax Settlement +23% growth excluding one-time tax payment $160 Million $2.8 Billion Cash paid for Land (Check Point Campus) Cash, Marketable Securities & Short Term Deposits $325 Million Share Repurchase in t
Slide 11: Financial Summary
– Revenues & EPS exceeded our projections Financial Summary – Strong demand across our portfolio driven 20% growth in Calculated Billings – Strong Operating Cash Flow and Profitability ©2025 Check Point Software Technologies Ltd. 11
Slide 12: Business Outlook
Business Outlook ©2025 Check Point Software Technologies Ltd. 12
Slide 13: Business Outlook
Business Outlook* Q4 2025 FY2025 FY2025 (Original) (Updated) Revenues $724M - $764M $2,660M-$2,760M $2,705M-$2,745M Y/Y Growth 3% - 8% 4% - 8% 5% - 7% $2,710M mid-point $2,725M mid-point Non-GAAP EPS** $2.70 - $2.80 $9.60 - $10.20 $11.22 - $11.32 Y/Y Growth 0% - 4% 5% - 11% 22% - 24% GAAP EPS is Exp
Slide 14: Q&A Session
Q&A Session ©2025 Check Point Software Technologies Ltd. 14
Slide 15: Thank You
Thank You ©2025 Check Point Software Technologies Ltd. 15
Slide 16: GAAP to Non-GAAP Consolidated Statement of Income Reconciliation
GAAP to Non-GAAP Consolidated Statement of Income Reconciliation ©2025 Check Point Software Technologies Ltd. 16
Slide 17: GAAP to Non-GAAP Consolidated Statement of Income Reconciliation
GAAP to Non-GAAP Consolidated Statement of Income Reconciliation ©2025 Check Point Software Technologies Ltd. 17