Check Point Software Technologies .(US:CHKP)2025-10-28 14:01Financial Performance - Check Point reported calculated billings of $672 million, a 20% increase year over year[14] - Total revenues reached $678 million, reflecting a 7% increase compared to the same quarter in 2024[14] - Security subscriptions revenues were $305 million, marking a 10% year-over-year growth[14] - Non-GAAP EPS for Q3 2025 was $3.94, a 75% increase from $2.25 in Q3 2024[14] - GAAP EPS increased to $3.28, representing a 79% rise from $1.83 in the same quarter last year[14] - Operating income for Q3 2025 was $199 million, representing 29% of total revenues[14] - GAAP operating income for Q3 2025 was $199.1 million, a decrease of 8.5% from $218.5 million in Q3 2024[27] - Non-GAAP net income increased to $431.4 million in Q3 2025, up 68.8% from $255.4 million in Q3 2024[27] - Diluted Non-GAAP Earnings per share rose to $3.94 in Q3 2025, compared to $2.25 in Q3 2024, reflecting a 75.6% increase[27] Cash Flow and Assets - Cash flow from operations was $241 million, with a 23% increase when excluding a one-time tax payment[11] - Cash balances and marketable securities totaled $2,817 million as of September 30, 2025, down from $2,873 million a year earlier[10] - Total current assets decreased to $2,031.1 million as of September 30, 2025, down from $2,193.4 million at the end of 2024[29] - Cash and cash equivalents increased to $619.9 million in Q3 2025, up from $506.2 million in Q4 2024[29] - Total cash and cash equivalents, marketable securities, and short-term deposits at the end of Q3 2025 was $2,817.2 million, slightly up from $2,783.8 million at the end of 2024[31] - Net cash provided by operating activities for the nine months ended September 30, 2025, was $923.8 million, an increase from $809.8 million in the same period of 2024[33] Liabilities and Deferred Revenues - Total liabilities decreased to $2,619.8 million as of September 30, 2025, compared to $2,965.1 million at the end of 2024[31] - The company reported a decrease in deferred revenues to $1,317.3 million in Q3 2025, down from $1,471.3 million in Q4 2024[31] Investments and Acquisitions - The company executed a share repurchase program, buying back approximately 1.6 million shares for about $325 million[10] - Check Point completed the acquisition of Lakera on October 22, 2025, enhancing its AI security capabilities[12] - Investment in property and equipment for the nine months ended September 30, 2025, was $19.4 million, compared to $17.7 million in the same period of 2024[33]