Check Point Software Technologies reported second-quarter 2025 revenues of $665 million, with growth in various product segments.
Quiver AI Summary
Check Point Software Technologies Ltd. announced its financial results for the second quarter of 2025, reporting total revenues of $665 million, a 6% year-over-year increase. Notable revenue growth included a 12% rise in Products & Licenses and a 10% increase in Security Subscriptions. The company highlighted its strategic advancements, including the acquisition of Veriti, which enhances the functionality of its Infinity platform. CEO Nadav Zafrir emphasized strong growth in emerging technologies, particularly Quantum Force appliances, and noted a healthy business pipeline for the second half of the year. The company's cash flow from operations amounted to $262 million, reflecting a solid financial position despite a decrease in cash balances due to prior acquisitions. The press release concluded with an invitation to investors for an upcoming conference call and a schedule of future investor events.
Potential Positives
- Total Revenues grew to $665 million, a 6% increase year-over-year, indicating a strong performance in the second quarter.
- Security Subscriptions Revenues increased by 10% year-over-year to $298 million, showcasing growth in a critical revenue segment.
- Non-GAAP EPS rose to $2.37, marking a 9% increase year-over-year, reflecting strong profitability and operational efficiency.
- The acquisition of Veriti was highlighted as a strategic move to enhance the Infinity platform, indicating forward-looking growth potential.
Potential Negatives
- Decrease in cash balances from $3,058 million to $2,913 million year-over-year indicates potential liquidity concerns.
- Cash flow from operations increased only slightly over the previous year, raising questions about operational efficiency.
- The company engaged in substantial share repurchase totaling approximately $325 million, which could be seen as prioritizing shareholder returns over reinvestment in growth opportunities.
FAQ
What were Check Point's total revenues for Q2 2025?
Total revenues for Q2 2025 were $665 million, reflecting a 6% year-over-year increase.
How much did Check Point earn in diluted EPS for Q2 2025?
Check Point reported a diluted earnings per share (EPS) of $1.84 for Q2 2025, a 6% increase year-over-year.
What factors contributed to Check Point's revenue growth in Q2 2025?
Revenue growth was driven by emerging technologies, including Email, SASE, and Enterprise Risk Management.
What is Check Point's Remaining Performance Obligation (RPO) as of June 30, 2025?
The Remaining Performance Obligation (RPO) was $2.4 billion, marking a 6% year-over-year increase.
When will Check Point host its next investor conference call?
Check Point will host its next investor conference call on July 30, 2025, at 8:30 AM ET.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CHKP Hedge Fund Activity
We have seen 343 institutional investors add shares of $CHKP stock to their portfolio, and 361 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAUSEWAY CAPITAL MANAGEMENT LLC removed 1,929,604 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $439,795,343
- VICTORY CAPITAL MANAGEMENT INC added 1,258,034 shares (+2704.5%) to their portfolio in Q1 2025, for an estimated $286,731,109
- INVESCO LTD. added 865,608 shares (+737.5%) to their portfolio in Q1 2025, for an estimated $197,289,375
- ACADIAN ASSET MANAGEMENT LLC removed 853,387 shares (-23.5%) from their portfolio in Q1 2025, for an estimated $194,503,965
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 667,848 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $152,215,916
- BESSEMER GROUP INC added 646,504 shares (+5396.1%) to their portfolio in Q1 2025, for an estimated $147,351,191
- CITADEL ADVISORS LLC added 610,138 shares (+707.0%) to their portfolio in Q1 2025, for an estimated $139,062,652
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CHKP Analyst Ratings
Wall Street analysts have issued reports on $CHKP in the last several months. We have seen 9 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Jefferies issued a "Buy" rating on 07/24/2025
- Scotiabank issued a "Sector Outperform" rating on 04/24/2025
- Wells Fargo issued a "Overweight" rating on 04/24/2025
- Wedbush issued a "Outperform" rating on 04/24/2025
- BMO Capital issued a "Outperform" rating on 03/28/2025
- B of A Securities issued a "Buy" rating on 03/27/2025
- Piper Sandler issued a "Overweight" rating on 03/03/2025
To track analyst ratings and price targets for $CHKP, check out Quiver Quantitative's $CHKP forecast page.
$CHKP Price Targets
Multiple analysts have issued price targets for $CHKP recently. We have seen 16 analysts offer price targets for $CHKP in the last 6 months, with a median target of $242.5.
Here are some recent targets:
- Joseph Gallo from Jefferies set a target price of $260.0 on 07/24/2025
- Jonathan Ruykhaver from Cantor Fitzgerald set a target price of $230.0 on 07/16/2025
- Saket Kalia from Barclays set a target price of $245.0 on 07/14/2025
- Gregg Moskowitz from Mizuho set a target price of $240.0 on 06/16/2025
- Patrick Colville from Scotiabank set a target price of $240.0 on 04/24/2025
- Andrew Nowinski from Wells Fargo set a target price of $265.0 on 04/24/2025
- Todd Weller from Stephens & Co. set a target price of $229.0 on 04/24/2025
Full Release
TEL AVIV, Israel, July 30, 2025 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the quarter ended June 30 th , 2025.
Second Quarter 2025 Financial Highlights:
- Total Revenues: $665 million, a 6 percent increase year over year
- Products & Licenses Revenues: $132 million, a 12 percent increase year over year
- Security Subscriptions Revenues: $298 million, a 10 percent increase year over year
- Calculated Billings*: $642 million, a 4 percent increase year over year
- Remaining Performance Obligation (RPO)**: $2.4 billion, a 6 percent increase year over year
- GAAP Operating Income: $204 million, representing 31 percent of total revenues
- Non-GAAP Operating Income: $271 million, representing 41 percent of total revenues
- GAAP EPS: $1.84, a 6 percent increase year over year
-
Non-GAAP EPS: $2.37, a 9 percent increase year over year
“We delivered solid second-quarter results, driven by growth in our emerging technologies portfolio including Email, SASE, and Enterprise Risk Management. Quantum Force appliances continued a double-digit growth trajectory, reflecting strong customer trust in our innovation and prevention-first ethos,” said CEO Nadav Zafrir. “We continued to advance our strategic roadmap with the acquisition of Veriti, strengthening the Infinity platform’s open-garden architecture. The third quarter is shaping up well with strong July indicators. We have a healthy pipeline heading into the second half of the year underscoring our full-year outlook.”
Financial Commentary
Cash Balances, Marketable Securities & Short-Term Deposits:
$2,913 million as of June 30, 2025, compared to $3,058 million as of June 30, 2024. The decrease in cash is primarily a result of $186 million and $84 million net of cash consideration utilized for Cyberint Ltd. and Veriti Ltd acquisitions in 2024 and 2025, respectively.
Share Repurchase Program:
During the second quarter of 2025, the company re-purchased approximately 1.5 million shares at a total cost of approximately $325 million.
Cash Flow:
Cash flow from operations in the second quarter of 2025 was $262 million, which included $50 million in benefit related to our currency hedging transactions, while acquisition-related costs were $6 million. This compares to $200 million in the second quarter of 2024, which included $14 million of expenses related to our currency hedging transactions, while acquisition-related costs were insignificant.
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 “Use of Non-GAAP Financial Information” and “Reconciliation of GAAP to Non-GAAP Financial Information.”
*
Calculated Billings is a measure that we defined as total revenues recognized in accordance with GAAP plus
the
change in Total Deferred Revenues during the period.
** Remaining Performance Obligation (RPO) is a measure that represents the total value of non-cancellable
contracted products and/or services that are yet to be recognized as Revenue as of June 30, 2025.
Conference Call and Webcast Information
Check Point will host a conference call with the investment community on July 30, 2025, at 8:30 AM ET/5:30 AM PT. To listen to the live video cast or replay, please visit the website:
www.checkpoint.com/ir
.
Third Quarter Investor Conference Participation Schedule:
-
Oppenheimer 2
8
th
Annual Virtual Technology, Internet & Communications Conference
August 13, 2025 – Virtual 1x1’s -
NASDAQ
5
th
Annual
Asia
Virtual Conference
August 19 - 21, 2025 – Virtual 1x1’s -
Deutsche Bank 202
5
Technology Conference
August 27 - 28, 2025, Dana Point, CA – 1x1’s -
Citi 202
5
Global Technology Conference
September 3-5, 2025, New York, NY – Fireside Chat & 1x1’s -
Goldman Sachs 202
5
Communicopia + Technology Conference
September 8, 2025, San Francisco, CA – Fireside Chat &1x1’s -
Jefferies
T
ech
T
rek
202
5
Conference
September 9-10, 2025, Tel Aviv, Israel– Fireside Chat & 1x1’s -
Piper Sandler 202
5
Growth Frontiers Conference
September 10-11, 2025, Nashville, TN – 1x1’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.
Follow Check Point via:
Twitter:
http://www.twitter.com/checkpointsw
Facebook:
https://www.facebook.com/checkpointsoftware
Blog:
http://blog.checkpoint.com
YouTube:
http://www.youtube.com/user/CPGlobal
LinkedIn:
https://www.linkedin.com/company/check-point-software-technologies
About Check Point Software Technologies Ltd.
Check Point Software Technologies Ltd. (
http://www.checkpoint.com
) is a leading AI-powered, cloud-delivered cyber security platform provider protecting over 100,000 organizations worldwide. Check Point leverages the power of AI everywhere to enhance cyber security efficiency and accuracy through its Infinity Platform, with industry-leading catch rates enabling proactive threat anticipation and smarter, faster response times. The comprehensive platform includes cloud-delivered technologies consisting of Check Point Harmony to secure the workspace, Check Point CloudGuard to secure the cloud, Check Point Quantum to secure the network, and Check Point Infinity Core Services for collaborative security operations and services.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, expectations regarding our products and solutions, expectations regarding our full-year outlook and our participation in investor conferences and other events during the third quarter of 2025. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected. These risks include our ability to continue to develop platform capabilities and solutions; customer acceptance and purchase of our existing solutions and new solutions; the market for IT security continuing to develop; competition from other products and services; appointments and departures of our executive officers; and general market, political, economic, and business conditions, including acts of terrorism or war. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 17, 2025. The forward-looking statements in this press release are based on information available to Check Point as of the date hereof, and Check Point disclaims any obligation to update any forward-looking statements, except as required by law.
Use of Non-GAAP Financial
Information
In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, Check Point uses non-GAAP measures of operating income, net income and earnings per diluted share, which are adjustments from results based on GAAP to exclude, as applicable, stock-based compensation expenses, amortization of intangible assets and acquisition related expenses and the related tax affects. Check Point’s management believes the non-GAAP financial information provided in this release is useful to investors’ understanding and assessment of Check Point’s ongoing core operations and prospects for the future. Historically, Check Point has also publicly presented these supplemental non-GAAP financial measures to assist the investment community to see the company “through the eyes of management,” and thereby enhance understanding of its operating performance. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the non-GAAP financial measures discussed in this press release to the most directly comparable GAAP financial measures is included with the financial statements contained in this press release. Management uses both GAAP and non-GAAP information in evaluating and operating business internally and as such has determined that it is important to provide this information to investors.
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
CONSOLIDATED STATEMENT OF INCOME |
|||||||||||
(Unaudited, in millions, except per share amounts) | |||||||||||
Three Months Ended | Six Months Ended | ||||||||||
June 30, | June 30, | ||||||||||
2025 | 2024 | 2025 | 2024 | ||||||||
Revenues: | |||||||||||
Products and licenses | $ | 131.9 | $ | 118.1 | $ | 246.0 | $ | 218.4 | |||
Security subscriptions | 297.9 | 271.7 | 588.5 | 535.1 | |||||||
Total revenues from products and security subscriptions | 429.8 | 389.8 |
834.5
|
753.5
|
|||||||
Software updates, maintenance and services | 235.4 | 237.6 | 468.5 | 472.7 | |||||||
Total revenues | 665.2 | 627.4 | 1,303.0 | 1,226.2 | |||||||
Operating expenses: | |||||||||||
Cost of products and licenses | 26.2 | 24.0 | 49.2 | 43.9 | |||||||
Cost of security subscriptions | 23.0 | 16.8 | 44.4 | 33.3 | |||||||
Total cost of products and security subscriptions | 49.2 | 40.8 | 93.6 | 77.2 | |||||||
Cost of Software updates and maintenance | 34.2 | 31.6 | 66.3 | 60.3 | |||||||
Amortization of technology | 7.8 | 5.8 | 15.4 | 11.6 | |||||||
Total cost of revenues | 91.2 | 78.2 | 175.3 | 149.1 | |||||||
Research and development | 112.8 | 97.1 | 214.9 | 196.3 | |||||||
Selling and marketing | 227.8 | 215.7 | 453.2 | 421.9 | |||||||
General and administrative | 29.8 | 27.1 | 60.5 | 55.7 | |||||||
Total operating expenses | 461.6 | 418.1 | 903.9 | 823.0 | |||||||
Operating income | 203.6 | 209.3 | 399.1 | 403.2 | |||||||
Financial income, net | 28.5 | 23.7 | 55.8 | 46.3 | |||||||
Income before taxes on income | 232.1 | 233.0 | 454.9 | 449.5 | |||||||
Taxes on income | 29.3 | 35.6 | 61.2 | 68.2 | |||||||
Net income | $ | 202.8 | $ | 197.4 | $ | 393.7 | $ | 381.3 | |||
Basic earnings per share | $ | 1.89 | $ | 1.78 | $ | 3.66 | $ | 3.42 | |||
Number of shares used in computing basic earnings per share | 107.1 | 111.1 | 107.5 | 111.6 | |||||||
Diluted earnings per share | $ | 1.84 | $ | 1.74 | $ | 3.55 | $ | 3.34 | |||
Number of shares used in computing diluted earnings per share | 110.4 | 113.6 | 110.9 | 114.2 | |||||||
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
SELECTED FINANCIAL METRICS (Unaudited, in millions, except per share amounts) |
||||||||||||
Three Months Ended | Six Months Ended | |||||||||||
June 30, | June 30, | |||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||
Revenues | $ | 665.2 | $ | 627.4 | $ | 1,303.0 | $ | 1,226.2 | ||||
Non-GAAP operating income | 271.1 | 265.1 | 529.7 | 517.1 | ||||||||
Non-GAAP net income | 261.4 | 246.0 | 507.6 | 480.5 | ||||||||
Diluted Non-GAAP Earnings per share | $ | 2.37 | $ | 2.17 | $ | 4.58 | $ | 4.21 | ||||
Number of shares used in computing diluted Non-GAAP earnings per share | 110.4 | 113.6 | 110.9 | 114.2 | ||||||||
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL INFORMATION (Unaudited, in millions, except per share amounts) |
||||||||||||||||
Three Months Ended | Six Months Ended | |||||||||||||||
June 30, | June 30, | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
GAAP operating income | $ | 203.6 | $ | 209.3 | $ | 399.1 | $ | 403.2 | ||||||||
Stock-based compensation (1) | 45.9 | 39.3 | 87.1 | 80.9 | ||||||||||||
Amortization of intangible assets and acquisition related expenses (2) | 21.6 | 16.5 | 43.5 | 33.0 | ||||||||||||
Non-GAAP operating income | $ | 271.1 | $ | 265.1 | $ | 529.7 | $ | 517.1 | ||||||||
GAAP net income | $ | 202.8 | $ | 197.4 | $ | 393.7 | $ | 381.3 | ||||||||
Stock-based compensation (1) | 45.9 | 39.3 | 87.1 | 80.9 | ||||||||||||
Amortization of intangible assets and acquisition related expenses (2) | 21.6 | 16.5 | 43.5 | 33.0 | ||||||||||||
Taxes on the above items (3) | (8.9 | ) | (7.2 | ) | (16.7 | ) | (14.7 | ) | ||||||||
Non-GAAP net income | $ | 261.4 | $ | 246.0 | $ | 507.6 | $ | 480.5 | ||||||||
Diluted GAAP earnings per share | $ | 1.84 | $ | 1.74 | $ | 3.55 | $ | 3.34 | ||||||||
Stock-based compensation (1) | 0.41 | 0.34 | 0.78 | 0.70 | ||||||||||||
Amortization of intangible assets and acquisition related expenses (2) | 0.20 | 0.15 | 0.40 | 0.30 | ||||||||||||
Taxes on the above items (3) | (0.08 | ) | (0.06 | ) | (0.15 | ) | (0.13 | ) | ||||||||
Diluted Non-GAAP earnings per share | $ | 2.37 | $ | 2.17 | $ | 4.58 | $ | 4.21 | ||||||||
Number of shares used in computing diluted Non-GAAP earnings per share | 110.4 | 113.6 | 110.9 | 114.2 | ||||||||||||
(1) Stock-based compensation: | ||||||||||||||||
Cost of products and licenses | $ | 0.1 | $ | 0.1 | $ | 0.2 | $ | 0.2 | ||||||||
Cost of software updates and maintenance | 3.2 | 2.2 | 5.3 | 4.4 | ||||||||||||
Research and development | 17.9 | 13.6 | 32.6 | 28.3 | ||||||||||||
Selling and marketing | 17.5 | 14.9 | 32.1 | 30.8 | ||||||||||||
General and administrative | 7.2 | 8.5 | 16.9 | 17.2 | ||||||||||||
45.9 | 39.3 | 87.1 | 80.9 | |||||||||||||
(2) Amortization of intangible assets and acquisition related expenses: | ||||||||||||||||
Amortization of technology-cost of revenues | 7.8 | 5.8 | 15.4 | 11.6 | ||||||||||||
Research and development | 1.1 | 1.6 | 2.6 | 3.2 | ||||||||||||
Selling and marketing | 12.7 | 9.1 | 25.5 | 18.2 | ||||||||||||
21.6 | 16.5 | 43.5 | 33.0 | |||||||||||||
(3) Taxes on the above items | (8.9 | ) | (7.2 | ) | (16.7 | ) | (14.7 | ) | ||||||||
Total, net | $ | 58.6 | $ | 48.6 | $ | 113.9 | $ | 99.2 | ||||||||
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
CONDENSED CONSOLIDATED BALANCE SHEET DATA (In millions) ASSETS |
|||||||
June 30, | December 31, | ||||||
2025
(Unaudited) |
2024
(Audited) |
||||||
Current assets: | |||||||
Cash and cash equivalents | $ | 611.7 | $ | 506.2 | |||
Marketable securities and short-term deposits | 912.7 | 865.7 | |||||
Trade receivables, net | 467.7 | 728.8 | |||||
Prepaid expenses and other current assets | 104.9 | 92.7 | |||||
Total current assets | 2,097.0 | 2,193.4 | |||||
Long-term assets: | |||||||
Marketable securities | 1,389.0 | 1,411.9 | |||||
Property and equipment, net | 83.6 | 80.8 | |||||
Deferred tax asset, net | 76.2 | 74.7 | |||||
Goodwill and other intangible assets, net | 1,949.0 | 1,897.1 | |||||
Other assets | 91.9 | 96.6 | |||||
Total long-term assets | 3,589.7 | 3,561.1 | |||||
Total assets | $ | 5,686.7 | $ | 5,754.5 | |||
LIABILITIES AND
SHAREHOLDERS’ EQUITY |
|||||||||
Current liabilities: | |||||||||
Deferred revenues | $ | 1,352.7 | $ | 1,471.3 | |||||
Trade payables and other accrued liabilities | 407.4 | 472.9 | |||||||
Total current liabilities | 1,760.1 | 1,944.2 | |||||||
Long-term liabilities: | |||||||||
Long-term deferred revenues | 540.0 | 529.0 | |||||||
Income tax accrual | 517.1 | 459.6 | |||||||
Other long-term liabilities | 34.7 | 32.3 | |||||||
1,091.8 | 1,020.9 | ||||||||
Total liabilities | 2,851.9 | 2,965.1 | |||||||
Shareholders’ equity: | |||||||||
Share capital | 0.8 | 0.8 | |||||||
Additional paid-in capital | 3,255.4 | 3,049.5 | |||||||
Treasury shares at cost | (14,860.9 | ) | (14,264.4 | ) | |||||
Accumulated other comprehensive gain (loss) | 32.0 | (10.3 | ) | ||||||
Retained earnings | 14,407.5 | 14,013.8 | |||||||
Total shareholders’ equity | 2,834.8 | 2,789.4 | |||||||
Total liabilities and shareholders’ equity |
$ | 5,686.7 | $ | 5,754.5 | |||||
Total cash and cash equivalents, marketable securities and short-term deposits | $ | 2,913.4 | $ | 2,783.8 | |||||
CHECK POINT SOFTWARE TECHNOLOGIES LTD.
SELECTED CONSOLIDATED CASH FLOW DATA |
|||||||||||||||
(Unaudited, in millions) | |||||||||||||||
Three Months Ended | Six Months Ended | ||||||||||||||
June 30, | June 30, | ||||||||||||||
2025 | 2024 | 2025 | 2024 | ||||||||||||
Cash flow from operating activities: | |||||||||||||||
Net income | $ | 202.8 | $ | 197.4 | $ | 393.7 | $ | 381.3 | |||||||
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||
Depreciation of property and equipment | 5.7 | 5.2 | 10.9 | 12.5 | |||||||||||
Amortization of intangible assets | 19.6 | 13.5 | 38.8 | 27.0 | |||||||||||
Stock-based compensation | 45.9 | 39.3 | 87.1 | 80.9 | |||||||||||
Realized loss on marketable securities | - | - | 0.1 | - | |||||||||||
Decrease (increase) in trade and other receivables, net | (75.0 | ) | (75.0 | ) | 254.4 | 190.4 | |||||||||
Increase (decrease) in deferred revenues, trade payables and other accrued liabilities | 66.7 | 18.9 | (75.4 | ) | (121.7 | ) | |||||||||
Deferred income taxes, net | (3.6 | ) | 0.6 | (26.4 | ) | (9.5 | ) | ||||||||
Net cash provided by operating activities | 262.1 | 199.9 | 683.2 | 560.9 | |||||||||||
Cash flow from investing activities: | |||||||||||||||
Payment in conjunction with acquisitions, net of acquired cash | (83.7 | ) | - | (83.7 | ) | - | |||||||||
Investment in property and equipment | (6.1 | ) | (6.4 | ) | (13.5 | ) | (12.9 | ) | |||||||
Net cash used in investing activities | (89.8 | ) | (6.4 | ) | (97.2 | ) | (12.9 | ) | |||||||
Cash flow from financing activities: | |||||||||||||||
Proceeds from issuance of shares upon exercise of options | 138.7 | 158.6 | 184.7 | 204.2 | |||||||||||
Purchase of treasury shares | (325.0 | ) | (325.0 | ) | (650.0 | ) | (650.0 | ) | |||||||
Payments related to shares withheld for taxes | (12.8 | ) | (12.1 | ) | (14.3 | ) | (13.2 | ) | |||||||
Net cash used in financing activities | (199.1 | ) | (178.5 | ) | (479.6 | ) | (459.0 | ) | |||||||
Unrealized gain on marketable securities, net | 8.2 | 7.6 | 23.2 | 9.2 | |||||||||||
Increase (decrease) in cash and cash equivalents, marketable securities and short-term deposits | (18.6 | ) | 22.6 | 129.6 | 98.2 | ||||||||||
Cash and cash equivalents, marketable securities and short-term deposits at the beginning of the period | 2,932.0 | 3,035.3 | 2,783.8 | 2,959.7 | |||||||||||
Cash and cash equivalents, marketable securities and short-term deposits at the end of the period | $ | 2,913.4 | $ | 3,057.9 | $ | 2,913.4 | $ | 3,057.9 | |||||||
INVESTOR CONTACT:
Kip E. Meintzer Check Point Software +1.650.628.2040 [email protected] |
MEDIA CONTACT:
Gil Messing Check Point Software +1.650.628.2260 [email protected] |