Israel's Check Point Software Q2 revenue up 1%

Check Point Software Technologies

30/07/2026 12:01

Overview
Israel cybersecurity firm's Q2 revenue up 1% yr/yr, slightly missed analyst expectations
Adjusted EPS for Q2 rose 8% and beat analyst expectations
Company expanded share repurchase program by $2 bln and bought back $325 mln in shares

Outlook
Company did not provide specific financial guidance for the upcoming quarter or full year
Check Point says it is expanding sales capacity to capture a growing market opportunity
Company highlights focus on AI security products to address new generation of AI-driven threats

Result Drivers
SECURITY SUBSCRIPTIONS - Security subscriptions revenue grew 12% yr/yr, offsetting declines in product and license revenue
SALES CAPACITY EXPANSION - Co said it is significantly expanding sales capacity to capture market opportunity, per CEO Nadav Zafrir
R&D TAX INCENTIVE - Co recognized $28 mln reduction in R&D expenses under new Israeli tax incentive program

Company press release: ID:nPn7vZdR4a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Miss*
$674 mln
$676.39 mln (33 Analysts)
Q2 Adjusted EPS
Beat
$2.55
$2.45 (34 Analysts)
Q2 EPS
 
$1.87
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 25 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Check Point Software Technologies Ltd is $141.00, about 1% above its July 29 closing price of $139.67
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
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July 28 - Varonis Q2 revenue beats analyst estimates as cloud platform adoption increased

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)