Check Point Software Technologies Reports Q3 2026 Results with Growth in Subscription Revenue
Check Point Software Technologies (CHKP) reported third-quarter revenue of $670 million, a 1% year-over-year decrease attributed to lower firewall appliance refresh activity. Despite the slight dip in total revenue, the company saw strong performance in its subscription segment, which grew 11% to $339 million, driven by demand for AI security, email security, and exposure management solutions. The company's non-GAAP EPS of $2.49 slightly exceeded management projections, and adjusted free cash flow reached $258 million. While growth technologies like email security ARR surpassed $200 million, the company faces headwinds including higher memory costs impacting gross margins and significant currency exchange volatility involving the U.S. dollar and Israeli shekel.
Tickers: $CHKP
Topics: ARR Billings EPS Free Cash Flow Revenue Subscription Revenue