CHECK POINT SOFTWARE TECHNOLOGIES (CHKP) Company Report

Check Point Software Technologies Ltd. (CHKP) priced $1.75 billion of 0.00% Convertible Senior Notes due 2030 in a private offering, an increase from the initial $1.5 billion offering size.
The Notes, which are senior unsecured obligations, will mature on December 15, 2030, with an initial conversion price of approximately $243.65 per share, representing a 27.5% premium to the December 3, 2025, ordinary share price.
The company expects net proceeds of approximately $1.72 billion, intending to use $168.0 million for capped call transactions and approximately $225.0 million to repurchase approximately 1.18 million ordinary shares.
The remaining net proceeds will be allocated to general corporate purposes, including additional share repurchases, potential mergers and acquisitions, and product development.

1 day ago

6-K

Check Point Software Prices $1.75 Billion Convertible Senior Notes Offering

CHKP

Debt Issuance

Share Buyback

Convertible Preferred Issuance

Check Point Software Technologies Ltd. priced an upsized private offering of $1.75 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030.
The Notes will mature on December 15, 2030, and have an initial conversion rate of 4.1042 ordinary shares per $1,000 principal amount, equivalent to an initial conversion price of approximately $243.65 per share.
The estimated net proceeds of approximately $1.72 billion will be used to pay $168.0 million for capped call transactions and approximately $225.0 million to repurchase approximately 1.18 million ordinary shares, with the remainder allocated for general corporate purposes.
The capped call transactions, with an initial cap price of approximately $334.43 per share, are expected to reduce potential dilution upon conversion.

1 day ago

Press Release

Check Point Software Announces Proposed Private Offering of Convertible Senior Notes

CHKP

Debt Issuance

Share Buyback

Convertible Preferred Issuance

Check Point Software Technologies Ltd. (CHKP) announced a proposed private offering of $1.5 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 to qualified institutional buyers.
The Notes will mature on December 15, 2030, and the initial purchasers have an option to buy up to an additional $225 million in notes.
Check Point intends to use the net proceeds to pay for capped call transactions, repurchase up to $225 million of its ordinary shares, and for general corporate purposes, which may include additional share repurchases, mergers and acquisitions, and product development.
Capped call transactions are expected to reduce potential dilution to ordinary shares upon conversion and/or offset cash payments Check Point is required to make in excess of the principal amount of converted Notes.

3 days ago

Press Release

Check Point Software Announces Proposed Private Offering of Convertible Senior Notes

CHKP

Debt Issuance

Check Point Software Technologies Ltd. announced its intention to offer $1.5 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers.
The company expects to grant the initial purchasers an option to purchase an additional $225 million aggregate principal amount of the Notes.
The Notes will be senior, unsecured obligations, will not bear regular interest, and will mature on December 15, 2030.
The Notes are convertible under certain conditions and periods, and Check Point may redeem them under specific circumstances, including tax-related events or if the share price meets certain thresholds. Holders may also require repurchase under certain conditions, such as a fundamental change or if the share price falls below a specified percentage of the conversion price on December 15, 2028.

3 days ago

6-K

Check Point Software Achieves Highest Security Effectiveness in NSS Labs Enterprise Firewall Test

CHKP

Check Point Software was named a Recommended vendor in the NSS Labs 2025 Enterprise Firewall Comparative Report, achieving the highest security effectiveness score.
The company's network security firewall demonstrated an outstanding 99.59% overall security effectiveness rating, including 99.91% exploit coverage and 100% protection from evasion strategies.
Check Point's firewall outperformed all competitors in security effectiveness, reliability, and stability, with 100% resilience during prolonged attacks and high load conditions.
NSS Labs CEO Vikram Phatak highlighted Check Point's consistent security effectiveness, recommending their network security firewall for buyers.
Check Point experienced only 1 vulnerability in CISA's Known Exploited Vulnerability tracking, significantly fewer than other leading vendors.

Nov 5, 2025, 7:53 PM

Press Release

Check Point Software Technologies Reports Strong Q3 2025 Financial Results and Strategic AI Acquisition

CHKP

Earnings

M&A

Share Buyback

Check Point Software Technologies Ltd. reported Q3 2025 total revenues of $678 million, a 7 percent increase year over year, and calculated billings of $672 million, a 20 percent increase year over year.
GAAP EPS increased by 79 percent to $3.28, and Non-GAAP EPS increased by 75 percent to $3.94 in Q3 2025, with approximately $1.47 of this increase attributed to a tax settlement benefit.
The company advanced its AI First strategy by closing the acquisition of Lakera, an AI-native security platform, on October 22, 2025.
During Q3 2025, Check Point repurchased approximately 1.6 million shares at a total cost of approximately $325 million.

Oct 28, 2025, 2:01 PM

6-K

Check Point Announces Strong Q3 2025 Results and Updates Full-Year Guidance

CHKP

Earnings

Guidance Update

Share Buyback

Check Point reported strong Q3 2025 Non-GAAP financial results, with revenues reaching $678 million, a 7% year-over-year increase, and Non-GAAP diluted EPS of $3.94, up 75% year-over-year, both exceeding projections. The EPS included a $1.47 tax benefit from a settlement.
The company experienced robust demand, evidenced by a 20% year-over-year growth in Calculated Billings to $672 million, with Services Calculated Billings accelerating by 21% year-over-year.
Check Point generated $241 million in operating cash flow and repurchased $325 million of its shares during the quarter.
For the full year 2025, the company updated its guidance, projecting revenues between $2,705 million and $2,745 million and Non-GAAP diluted EPS between $11.22 and $11.32.

Oct 28, 2025, 12:30 PM

Presentation

Check Point Software Technologies Announces Q3 2025 Results and Raises Full-Year Revenue Guidance

CHKP

Earnings

Guidance Update

M&A

Check Point reported Q3 2025 revenue of $678 million, a 7% increase, and non-GAAP EPS of $3.94 per diluted share, which included a $1.47 one-time tax benefit.
Calculated billings grew 20% year-over-year to $672 million, driven by strong demand across the portfolio and geographies. Operating cash flow was $241 million, growing 23% excluding a one-time tax payment.
The company raised its midpoint for 2025 revenue guidance by $15 million to a range of $2.705 billion to $2.745 billion. For Q4 2025, revenue is projected between $724 million and $764 million.
Check Point acquired Lakira, an AI-native security leader, to enhance its full-stack AI-powered security platform, an acquisition expected to result in a half-point headwind for margin in Q4.
During the quarter, the company repurchased approximately $325 million of shares at an average price of $198.

Oct 28, 2025, 12:30 PM

Transcript

Check Point Software Reports Strong Third Quarter 2025 Financial Results

CHKP

Earnings

M&A

Share Buyback

Check Point Software Technologies reported total revenues of $678 million for the third quarter of 2025, marking a 7 percent increase year over year.
Non-GAAP diluted earnings per share (EPS) rose by 75 percent year over year to $3.94, while GAAP diluted EPS increased by 79 percent to $3.28, both benefiting from a $1.47 tax settlement.
Calculated Billings increased by 20 percent year over year to $672 million, and Security Subscriptions Revenues grew by 10 percent to $305 million.
The company strengthened its AI strategy through the acquisition of Lakera, an AI-native security platform.
During the third quarter of 2025, Check Point re-purchased approximately 1.6 million shares at a total cost of approximately $325 million.

Oct 28, 2025, 10:00 AM

Press Release

Check Point Software Technologies and Wiz Announce Global Rollout of Integrated Cloud Security Solution

CHKP

Product Launch

New Projects/Investments

Check Point Software Technologies Ltd. announced the global rollout of a fully integrated solution uniting its prevention-first cloud network security with Wiz’s Cloud-Native Application Protection Platform (CNAPP).
This integration, now at general availability, builds on a strategic partnership first announced in February 2025 and aims to help enterprises address cloud security challenges with enhanced visibility and AI-powered prevention.
The solution facilitates a shift from remediation to prevention, enhances visibility, protects against unknown threats, and reduces configuration risks.
A new parallel integration with Check Point Infinity Threat Exposure Management (CTEM) automates gateway-based remediation flows, reducing exposure times from hours to minutes.
Independent testing by CyberRatings.org validated Check Point's efficacy, showing a 100% block rate with zero false positives, while Miercom’s 2025 benchmark report confirmed a 99.9% block rate against Zero+1 day malware and a 99.7% prevention rate for phishing.

Sep 29, 2025, 1:00 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for CHECK POINT SOFTWARE TECHNOLOGIES.

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