Mixed results disappoint Check Point’s investors

Check Point reported Q2 revenue of $674 million, slightly below expectations, and GAAP net profit of $194 million, down 4.4%. Non-GAAP EPS of $2.55 beat forecasts. Shares fell 6.87% in premarket trading. CEO Nadav Zafrir cited sales organization improvements and AI firewall launch.

Check Point Software Technologies reported mixed Q2 2026 results that disappointed investors. Revenue of $674 million was slightly below analysts' expectations, though up 1.3% year-over-year. Security subscriptions grew 11.6% to $333 million, but product and license revenue fell 14% to $113 million, and services revenue dropped 3.3% to $228 million. GAAP net profit declined 4.4% to $194 million, while non-GAAP net profit rose slightly to $264 million, with EPS of $2.55 beating forecasts. The company's share price fell 6.87% in premarket trading. CEO Nadav Zafrir and CFO Roei Golan said results were in line with expectations and highlighted improvements in the sales organization, including hiring hundreds of salespeople worldwide. Zafrir also addressed cybersecurity threats to upcoming Israeli elections, calling them "one of the most threatened areas in information security." The company announced the launch of AI Network Firewall, claiming it is the first to deliver AI security from within existing firewalls without new infrastructure. Check Point's market cap stands at $14.3 billion, with shares down nearly 25% year-to-date.