Check Point Software Technologies .(US:CHKP)2025-07-30 12:00Revenue Performance - Total revenues for Q2 2025 were $665 million, representing a 6% increase year over year[14] - Products & licenses revenues reached $132 million, a 12% increase year over year[14] - Security subscriptions revenues were $298 million, reflecting a 10% increase year over year[14] - Calculated billings amounted to $642 million, a 4% increase year over year[14] - Remaining performance obligation (RPO) stood at $2.4 billion, a 6% increase year over year[14] Income and Profitability - GAAP operating income was $204 million, accounting for 31% of total revenues[14] - Non-GAAP operating income reached $271 million, representing 41% of total revenues[14] - GAAP operating income for Q2 2025 was $203.6 million, a decrease of 3.4% from $209.3 million in Q2 2024[27] - Non-GAAP operating income increased to $271.1 million in Q2 2025, compared to $265.1 million in Q2 2024, reflecting a growth of 1.9%[27] - GAAP net income for the first half of 2025 reached $393.7 million, up from $381.3 million in the same period of 2024, representing a 3.1% increase[27] - Non-GAAP net income for the first half of 2025 was $507.6 million, compared to $480.5 million in the first half of 2024, indicating a growth of 5.6%[27] - Diluted Non-GAAP earnings per share rose to $2.37 in Q2 2025, up from $2.17 in Q2 2024, marking an increase of 9.2%[27] Cash Flow and Investments - Cash flow from operations in Q2 2025 was $262 million, compared to $200 million in Q2 2024[11] - Cash flow from operating activities for the first half of 2025 was $683.2 million, an increase from $560.9 million in the first half of 2024[33] - The company reported a net cash used in investing activities of $97.2 million for the first half of 2025, compared to $12.9 million in the same period of 2024[33] Shareholder Returns - The company repurchased approximately 1.5 million shares at a total cost of approximately $325 million during Q2 2025[10] Balance Sheet - Cash balances as of June 30, 2025, were $2,913 million, down from $3,058 million a year earlier, primarily due to acquisitions[9] - Total current assets decreased to $2,097.0 million as of June 30, 2025, down from $2,193.4 million at the end of 2024[29] - Total liabilities decreased to $2,851.9 million as of June 30, 2025, compared to $2,965.1 million at the end of 2024[31] - Total cash and cash equivalents, marketable securities, and short-term deposits at the end of Q2 2025 were $2,913.4 million, up from $2,783.8 million at the end of 2024[31]