Check Point Software (CHKP)
NASDAQ:CHKP
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Earnings Data
Report Date
Jul 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
2.45Last Year’s EPS
2.37Same Quarter Last Year
Moderate Buy
Based on 31 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of solid financial execution—strong profitability, free cash flow, subscription growth and emerging-product momentum—counterbalanced by a near-term top-line headwind from go-to-market changes that disrupted appliance/firewall sales and prompted a modest downward revenue update. Management emphasized these headwinds are transitory, expect appliance recovery in H2, and highlighted strategic investments in AI security and leadership to drive longer-term growth.Company Guidance
Strong profitability and margins
Non-GAAP operating income of $265M representing a 40% operating margin; non-GAAP net income of $265M; GAAP net income $192M. Non-GAAP EPS grew 13% year-over-year to $2.50 and GAAP EPS rose ~5% to $1.81.
Robust free cash flow generation
Adjusted free cash flow of $457M, up 11% year-over-year and $70M above the midpoint of guidance.
Subscription revenue strength
Subscription revenue grew 11% to $323M and remains the primary growth driver; company expects subscription acceleration in the back half of the year.
Emerging technologies high growth
Emerging products (email security, CTEM, SASE) produced ~45% growth in calculated billings year-over-year; CTEM ARR growth cited at 96% year-over-year. The three specific emerging products represent slightly under 30% of subscription ARR.
Solid top-line and backlog metrics
Total revenue of $668M (5% growth year-over-year). Deferred revenue grew 8% to $2.06B and remaining performance obligations increased 7% to $2.592B.
Healthy balance sheet and capital returns
Cash and short-term deposits totaled $4.4B; completed a ~$92M acquisition in February and repurchased 1.9M shares for $325M (avg $170/share).
High gross margin
Gross profit increased to $586M with gross margin at 88%.
Strategic leadership and AI investments
Four senior leadership appointments (including Chief Revenue Officer and GM of AI security); launches of AI Defense Plan, AI Factory Security Blueprint, Google Cloud partnership integration; investments in foundational AI models and related R&D to position for long-term AI security demand.
CHKP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CHKP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $139.96 | $112.47 | -19.64% |
Feb 12, 2026 | $176.47 | $164.47 | -6.80% |
Oct 28, 2025 | $191.72 | $203.56 | +6.18% |
Jul 30, 2025 | $218.33 | $186.67 | -14.50% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Check Point Software (CHKP) report earnings?
Check Point Software (CHKP) is schdueled to report earning on Jul 29, 2026, Before Open (Confirmed).
What is Check Point Software (CHKP) earnings time?
Check Point Software (CHKP) earnings time is at Jul 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CHKP EPS forecast?
CHKP EPS forecast for the fiscal quarter 2026 (Q2) is 2.45.
