Quarterly ResultApr 30, 2026, 10:23 AM
CHKP Q1 Revenue +5% to $668M; Non-GAAP EPS +13% to $2.50
AI Summary
Check Point Software Technologies Ltd. reported its first quarter 2026 financial results, with total revenues increasing 5% year over year to $668 million and non-GAAP EPS growing 13% to $2.50. Security subscription revenue was a key strength, rising 11% year over year, while product revenue was impacted by go-to-market changes. The company also announced the appointment of Sherif Seddik as Chief Revenue Officer, succeeding Itai Greenberg.
Key Highlights
- CHKP Q1 2026 Total Revenues $668M, a 5% increase year over year
- Security Subscriptions Revenues $323M, an 11% increase year over year
- Non-GAAP EPS $2.50, a 13% increase year over year
- GAAP Operating Income $185M, representing 28% of total revenues
- Cash Flow from Operations $445M, a 6% increase year over year
- Adjusted Free Cash Flow $457M, an 11% increase year over year
- Repurchased approximately 1.9M shares for $325M in Q1 2026
- Sherif Seddik appointed Chief Revenue Officer, effective May 1, 2026