Check Point Software Technologies Ltd. (Israel) - Press Release: Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader in cybersecurity solutions, has announced its financial results for the first quarter of the year, which ended on March 31, 2025.

Key Financial Highlights for Q1 2025:

• Operating cash flow: $421 million, a 17% increase year-over-year
• Billings:* $553 million, up 7% year-over-year
• Remaining Performance Obligations (RPO): $2.4 billion, an 11% increase compared to the same period in 2024
• Total revenues: $638 million, a 7% growth year-over-year
• Product and license revenues: $114 million, up 14% year-over-year
• Security subscriptions revenues: $291 million, a 10% increase compared to Q1 2024
• GAAP operating income: $196 million, representing 31% of total revenues
• Non-GAAP operating income: $259 million, representing 41% of total revenues
• GAAP earnings per share (EPS): $1.71, up 7%
• Non-GAAP EPS: $2.21, up 9%

“The first-quarter results provide a strong foundation for continued growth throughout the year. High demand for our Quantum Force solutions—driven by renewal cycles and new projects—led to double-digit year-over-year growth in product and license revenues,” said Nadav Zafrir, CEO of Check Point Software Technologies.

“Our Infinity platform, powered by artificial intelligence and built on a hybrid mesh architecture, continues to gain strong customer traction, delivering yet another quarter of solid double-digit growth.”

For further details regarding the non-GAAP financial metrics mentioned in this release, as well as reconciliations with the corresponding GAAP measures, please refer to the sections “Use of Non-GAAP Financial Information” and “GAAP to Non-GAAP Reconciliation” below.

Earnings Conference Call Information

Check Point hosted an investor community conference call on April 23, 2025, at 1:30 p.m. (Lisbon time). A recording is available at: www.checkpoint.com/ir.

The full report, including detailed financial tables, can be accessed via the following link: (Full Report and Press Release)

*Billings is defined by Check Point as the sum of total revenues recognized under GAAP and the change in total deferred revenues during the period.

Remaining Performance Obligations (RPO) represent the total value of committed, non-cancellable contracts for products and/or services not yet recognized as revenue as of March 31, 2025.

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• Blog: http://blog.checkpoint.com
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About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. (www.checkpoint.com) is a leading provider of AI-powered, cloud-delivered cybersecurity platforms, protecting over 100,000 organizations worldwide. Check Point leverages AI across its entire portfolio to enhance cybersecurity efficiency and accuracy through its industry-leading Infinity Platform, enabling proactive threat prevention and faster, smarter response times.

Its comprehensive platform includes cloud-delivered technologies such as:

• Check Point Harmony – Securing the workspace
• Check Point CloudGuard – Securing the cloud
• Check Point Quantum – Securing the network
• Check Point Infinity Core Services – Enabling collaborative security operations and services