Check Point Software Technologies Ltd. filed a Form 6-K with the SEC on November 2, 2026, reporting its financial results for the third quarter ended September 30, 2026.

Key Highlights

  • Total Revenues: $670 million for Q3 2026, a 1 percent decrease year over year, according to the filing.
  • Security Subscriptions Revenues: $339 million, an 11 percent increase year over year.
  • Non-GAAP EPS: $2.49, compared to $3.94 in Q3 2025; GAAP EPS was $1.82, compared to $3.28 in Q3 2025.
  • Cash Flow from Operations: $264 million, representing 39 percent of total revenues.
  • Share Repurchases: Approximately 2.5 million shares repurchased for approximately $325 million during Q3 2026.
  • Cash Balances and Marketable Securities: $4,123 million as of September 30, 2026, up from $2,817 million as of September 30, 2025.
  • Remaining Performance Obligation (RPO): $2.5 billion, a 5 percent increase year over year.

Check Point Q3 2026 Financial Results: Revenue Decline, Subscription Growth, and Convertible Notes Impact

According to the filing, Check Point Software Technologies Ltd. (NASDAQ:CHKP) reported total revenues of $670 million for the third quarter of 2026, a 1 percent decrease compared to the same period in 2025. Security subscriptions revenues of $339 million grew 11 percent year over year, which the company attributed to demand for Email, CTEM, and AI Security. GAAP operating income was $177 million, representing 26 percent of total revenues, while non-GAAP operating income was $251 million, representing 37 percent of total revenues.

The filing notes that year-over-year EPS comparisons are affected by a one-time tax benefit in Q3 2025. In connection with a tax settlement signed during Q3 2025, the company updated its tax provisions, resulting in a benefit of approximately $1.47 to both Non-GAAP and GAAP EPS in that prior period. Excluding that one-time benefit, the filing states that both GAAP and non-GAAP EPS each increased 1 percent year over year. The increase in cash balances to $4,123 million as of September 30, 2026, from $2,817 million a year earlier, is described in the filing as primarily the result of $1.8 billion in proceeds from a $2 billion convertible senior notes offering, net of issuance costs and purchased capped calls.

The filing also discloses that during Q3 2026, the company recognized a $25 million reduction in research and development expenses under Israel's new research and development tax incentive program, enacted on March 30, 2026, as part of the 2026 budget. Nadav Zafrir, CEO of Check Point Software, stated in the filing that "revenues reached a trough in the third quarter" and that the company "expects gradual improvement beginning in the fourth quarter," characterizing those statements as forward-looking and subject to risks described in the company's regulatory filings.

What Was Disclosed

Check Point Software filed a Form 6-K disclosing Q3 2026 financial results, including revenues of $670 million, non-GAAP EPS of $2.49, cash of $4,123 million, a $325 million share repurchase, a $25 million R&D grant benefit, and an RPO of $2.5 billion.