Products & licenses revenues grow by 14 percent
Johannesburg, South Africa – Wednesday, April 23, 2025 – Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the quarter ended March 31st, 2025.
First Quarter 2025 Financial Highlights:
- Cash Flow from Operations: $421 million, a 17 percent increase year over year
- Calculated Billings* reached $553 million, a 7 percent increase year over year
- Remaining Performance Obligation (RPO)**: $2.4 billion, an 11 percent increase year over year
- Total Revenues: $638 million, a 7 percent increase year over year
- Products & Licenses Revenues: $114 million, a 14 percent increase year over year
- Security Subscriptions Revenues: $291 million, a 10 percent increase year over year
- GAAP Operating Income: $196 million, representing 31 percent of total revenues
- Non-GAAP Operating Income: $259 million, representing 41 percent of total revenues
- GAAP EPS: $1.71, a 7 percent increase year over year
- Non-GAAP EPS: $2.21, a 9 percent increase year over year
“The first quarter results have provided a solid foundation to expand upon as we progress through the year. Strong demand for our Quantum Force appliances, fueled by refresh cycles and new projects delivered double-digit year-over-year growth in products and licenses revenues,” stated CEO Nadav Zafrir.
“The AI-driven Infinity Platform, featuring a Hybrid Mesh Architecture, continues to resonate with customers and delivered another quarter of impressive double-digit year-over-year growth.”
For information regarding the non-GAAP financial measures discussed in this release, as well as a reconciliation of such non-GAAP financial measures to the most directly comparable GAAP financial measures, please see below “Use of Non-GAAP Financial Information” and “Reconciliation of GAAP to Non-GAAP Financial Information.”
Conference Call & Video Cast Information
Check Point will host a conference call with the investment community on April 23, 2025, at 8:30 AM ET/5:30 AM PT. To listen to the live videocast or replay, please visit the website www.checkpoint.com/ir.
Second Quarter 2025 Investor Conference Participation Schedule
- Barclays Americas Select Franchise Conference 2025
May 6, 2025, London, UK – Fireside Chat & 1×1’s - J.P. Morgan 53rd Annual Technology, Media, and Telecom Conference
May 13-15, 2025, Boston, MA – Fireside Chat & 1×1’s - Oppenheimer 26th Annual Israeli Conference
May 18, 2025, Tel Aviv, Israel – Fireside Chat & 1×1’s - TD Cowen 53rd Annual TMT Conference
May 28, 2025, NY, NY – Fireside Chat & 1×1’s - Jefferies Software Summit
May 29, 2025, Newport Coast, CA – Fireside Chat &1×1’s - Stifel 2025 Cross Sector 1×1 Conference
June 3, 2025, Boston, MA – 1×1’s - Baird 2025 Global Consumer, Technology & Services Conference
June 4, 2025, SF, CA – 1×1’s - Bank of America Merrill Lynch 2025 Global Technology Conference
June 5, 2025, SF, CA – Fireside Chat & 1×1’s - TD Cowen 2nd Annual Corporate Access Day
June 17, 2025, Toronto, Canada – 1×1’s
Members of Check Point’s management team are expected to present at these conferences and discuss the latest company strategies and initiatives. Check Point’s conference presentations are expected to be available via webcast on the company’s web site. To hear these presentations and access the most updated information please visit the company’s web site at www.checkpoint.com/ir. The schedule is subject to change.
