NASDAQ$CHKP

Check Point Software Technologies · Q2 2025 earnings

Q2 2025 earnings · · Investor relations

Briefing

Check Point reported strong Q2 results with growth in revenue, EPS, and key security segments.

Check Point delivered solid Q2 2025 results with increased revenue, EPS, and operating income. Growth was driven by robust demand for Quantum Force appliances and security subscriptions. Cash flow from operations also rose significantly compared to the prior year.

  • Total revenue reached $665,200,000, a 6% YoY increase
  • Non-GAAP EPS rose to $2.37, up from $2.17 YoY
  • Cash flow from operations grew to $262,100,000 in Q2
  • RPO reached $2,400,000,000, highlighting strong future revenue visibility

Headline financials

Total Revenue

$665M

No prior period
EPS (adj)

$2.37

No prior period
Calculated Billings

$642M

No prior period
Cash Flow from Operations

$262M

No prior period
Non-GAAP Operating Income

$271M

No prior period
Net Income

$203M

No prior period
Operating Income

$204M

No prior period
Gross Profit

$574M

No prior period

Revenue & EPS history

Check Point · Revenue · Quarterly

$665M

Q2 2025
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

Check Point · $465M total across 2 segments · Q4 2022

  • Software Updates & Maintenance
    $234M+2.4%
  • Security Subscriptions
    $231M+13.2%

Forward guidance

Management maintained a positive outlook for the second half of 2025, supported by strong customer demand, a growing pipeline, and ongoing platform innovation.

Tailwinds

  • Healthy July indicators point to a strong Q3 start
  • Ongoing momentum in Quantum Force appliances
  • Strategic acquisition of Veriti bolsters platform architecture
  • Double-digit growth in emerging technologies portfolio
  • Robust remaining performance obligations support revenue visibility

Headwinds

  • Decline in total cash compared to previous year due to acquisitions
  • Ongoing macro uncertainty in global IT budgets
  • Slight decrease in GAAP operating income YoY
  • Cost pressures from sales and R&D investments
  • Currency fluctuations impacting cash flows and margins

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.1%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-0.7%

Avg return

30 days after

57%

35 / 61 earnings

Positive

+9.7%

Q3 2022

Best reaction

-14.4%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-6.8%-6.5%-12.9%
Q2 2025-14.4%-11.7%-11.5%
Q4 2024+7.4%+4.1%+8.0%
Q4 2023+2.2%+2.2%-1.5%
Q3 2023+1.8%+3.9%+10.9%
Q2 2023+2.4%+2.7%+4.4%
Q1 2023-5.2%-5.0%-2.0%
Q4 2022-0.9%-1.7%-1.4%
Q3 2022+9.7%+11.4%+13.7%
Q2 2022-5.0%-4.2%-3.5%
Q1 2022-4.9%-5.1%-6.9%
Q4 2021+3.7%+2.3%+18.0%
Q3 2021+1.3%-0.9%-6.6%
Q2 2021-2.2%+1.0%+0.8%
Q1 2021-0.8%-2.5%-1.3%
Q4 2020-10.1%-12.3%-14.8%
Q3 2020-3.2%-4.0%-4.5%
Q2 2020-0.1%-0.3%+3.2%
Q1 2020+0.8%-2.3%+2.7%
Q4 2019+0.7%+2.6%-9.0%
Q3 2019+4.4%+3.5%+9.5%
Q2 2019-1.8%-3.3%-7.7%
Q1 2019-8.6%-8.5%-8.6%
Q4 2018+1.0%+3.2%+9.5%
Q3 2018-3.5%-5.6%-3.5%
Q2 2018+5.1%+2.3%+4.3%
Q1 2018-5.3%-6.2%-5.7%
Q4 2017-1.3%-3.3%-0.6%
Q3 2017-11.6%-9.3%-10.5%
Q2 2017-8.1%-8.1%-7.3%
Q1 2017-0.2%+0.2%+6.7%
Q4 2016+9.1%+10.4%+12.9%
Q3 2016+2.6%+2.1%+1.7%
Q2 2016-6.6%-8.1%-9.2%
Q1 2016-5.2%
Q4 2015+4.8%
Q3 2015+3.2%
Q2 2015+6.8%
Q1 2015+6.0%
Q4 2014+0.1%
Q3 2014+7.9%
Q2 2014+4.2%
Q1 2014+2.7%
Q4 2013+3.7%
Q3 2013+0.1%
Q2 2013+5.5%
Q1 2013-0.2%
Q4 2012+2.2%
Q3 2012-12.7%
Q2 2012+9.4%
Q1 2012-2.3%
Q4 2011-2.3%
Q3 2011+1.4%
Q2 2011+6.3%
Q4 2009+1.8%
Q4 2010+1.8%
Q4 2008+1.8%
Q1 2011+1.8%
Q3 2010+5.2%
Q2 2010+2.0%
Q1 2010-0.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro