Key Highlights

  • Shares were down 8.11 percent to USD 139.77 in pre-market trading on November 2, 2026.
  • Third quarter Revenue was USD 669.8 million, down 1 percent from USD 677.5 million.
  • Security subscriptions revenue rose 11 percent to USD 338.6 million.
  • Non-GAAP diluted EPS was USD 2.49, compared with USD 3.94 a year earlier.
  • Cash, marketable securities and short-term deposits totaled USD 4,122.9 million.

What moved Check Point shares in pre-market trading?

Check Point Software Technologies (NASDAQ:CHKP) was down 8.11 percent to USD 139.77 in pre-market trading on November 2, 2026. The move came on the day the company released its 2026 third quarter results, with the conference call scheduled for 8:30 AM ET.

The company reported revenue of USD 669.8 million, down 1 percent year over year. Management also said the recovery is taking longer than anticipated, which appears to be the main point of focus in the release.

What did the third quarter results show?

According to a company press release dated November 2, 2026, GAAP Operating Income was USD 177.2 million, a 26 percent margin, versus USD 199.1 million a year earlier. Non-GAAP operating income was USD 250.7 million, a 37 percent margin, versus USD 281.9 million.

GAAP diluted EPS was USD 1.82 versus USD 3.28, and non-GAAP diluted EPS was USD 2.49 versus USD 3.94. The company said that excluding a prior-year tax benefit of about USD 1.47 per share, both measures were up 1 percent.

Products and licenses revenue fell to USD 105.5 million from USD 130.4 million, while software updates, maintenance and services revenue was USD 225.7 million versus USD 241.7 million.

What is the Business and what did management say?

Check Point is a Cybersecurity company that sells network security, cloud security and related subscription products to enterprises worldwide. Its chief executive, Nadav Zafrir, cited strong Demand for Email, CTEM and AI Security products.

On outlook, the company said it expects gradual improvement beginning in the fourth quarter after the third quarter reached a trough. The release gave no numeric guidance. Remaining performance obligation was USD 2.5 billion, up 5 percent, while current deferred revenues were USD 1,341.0 million versus USD 1,530.1 million at December 31, 2025.

What about the Balance Sheet and risks?

Operating cash flow was USD 264.3 million in the third quarter, and adjusted free cash flow was USD 257.9 million, versus USD 74.8 million a year earlier. Cash, marketable securities and short-term deposits were USD 4,122.9 million. Convertible senior notes, net, were USD 1,976.3 million, from a USD 2 billion offering.

The company repurchased about 2.5 million shares for roughly USD 325 million in the quarter.

What should investors watch next?

The call on November 2, 2026 may add detail on the pace of the fourth quarter recovery and demand for newer products. The company said it will attend investor conferences from November 12 to December 14, 2026.