Key Points – Q2 results were broadly in line with expectations: Revenue rose 1% year over year to $674 million, while subscription revenue grew 12% to $333 million and offset a 14% decline in product revenue tied to weaker firewall-appliance demand.
Non-GAAP EPS increased 8% to $2.55, exceeding guidance. – Check Point launched an AI Network Firewall as part of its AI Defense Plane, designed to monitor and control prompts, agent actions and model interactions across network, cloud and SASE environments. – Management maintained its full-year 2026 outlook despite a back-end-loaded second half, citing a stronger fourth-quarter pipeline
The company plans to hire about 300 go-to-market employees to support growth in 2027 and expanded its share-repurchase authorization by $2 billion. – Time to Buy These Up-and-Coming Software Firms? Check Point Software Technologies (NASDAQ:CHKP) said its second-quarter results met expectations as subscription revenue growth offset weaker demand for firewall appliances, while management maintained its full-year 2026 outlook and pointed to a stronger fourth-quarter pipeline. Total revenue rose 1% year over year to $674 million, landing $1 million below the midpoint of the company’s forecast, CFO Roei Golan said.
Subscription revenue increased 12% to $333 million, reaching the midpoint of guidance. Product revenue declined 14%, which Golan attributed primarily to lower firewall-appliance demand following disruption associated with changes to the company’s go-to-market organization. – Is CoStar Group Stock a Buy Before Earnings? Analysts Think So Non-GAAP earnings per diluted share increased 8% from a year earlier to $2.55, exceeding the company’s guidance.