Core Insights - Check Point Software Technologies Ltd. (CHKP) reported Q4 2025 non-GAAP EPS of $3.40, exceeding estimates by 22.74% and up 25.9% year over year [1][9] - Q4 revenues were $744.9 million, slightly missing the consensus by 0.15% but above the midpoint of the guided range [2][9] Revenue Breakdown - Security subscription revenues reached $325.1 million, an 11.3% increase year over year, surpassing consensus by 0.75% [3] - Product and licenses revenues grew 0.7% year over year to $171.8 million, falling short of estimates by 4.33% [3] - Total revenues from products and security subscriptions were $496.9 million, up 7.4% year over year, but missed the segment sales consensus by 0.99% [3] Profitability Metrics - Non-GAAP gross profit increased 5.9% year over year to $660 million, with a gross margin of 88.6%, up 10 basis points from the previous year [4] - Non-GAAP operating expenses rose 12.9% to $358 million, leading to a contraction in operating margin to 40.6% [5] Key Financial Metrics - Calculated billings grew 8% year over year to $1.04 billion, indicating strong demand [6] - Remaining Performance Obligation (RPO) also increased 8% year over year to $2.73 billion, reflecting healthy backlog growth [6] Balance Sheet and Cash Flow - The company ended Q4 with cash and equivalents totaling $4.3 billion, a significant increase from $2.8 billion in the previous quarter [7] - Cash generated from operations in Q4 was $310 million, up from $241 million in the prior quarter [7] Guidance - For Q1 2026, revenues are projected between $655 million and $685 million, with non-GAAP EPS expected in the range of $2.35-$2.45 [10] - For the full year 2026, revenues are anticipated to be between $2.83 billion and $2.95 billion, with non-GAAP EPS expected to range from $10.05 to $10.85 [11]

Core Insights - Check Point Software (CHKP) reported revenue of $637.8 million for Q1 2025, marking a year-over-year increase of 6.5% and exceeding the Zacks Consensus Estimate of $636.42 million by 0.22% [1] - The company's EPS for the same period was $2.21, up from $2.04 a year ago, surpassing the consensus EPS estimate of $2.19 by 0.91% [1] Revenue Breakdown - Calculated Billings reached $553 million, slightly above the average estimate of $550.31 million from seven analysts [4] - Total revenues from products and security subscriptions amounted to $404.70 million, exceeding the average estimate of $396.29 million from 11 analysts, representing an 11.3% year-over-year increase [4] - Revenues from software updates and maintenance were $233.10 million, below the average estimate of $238.95 million, reflecting a year-over-year decline of 0.9% [4] - Revenues from products and licenses were reported at $114.10 million, surpassing the average estimate of $104.73 million, indicating a year-over-year increase of 13.8% [4] - Revenues from security subscriptions totaled $290.60 million, slightly below the average estimate of $292.02 million, but still showing a year-over-year growth of 10.3% [4] Stock Performance - Over the past month, Check Point's shares have returned -7.9%, compared to a -6.6% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]