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finance.yahoo.comNOV 22 min read$CHKP

What Check Point Software Technologies (CHKP) Said on Its Q3 Earnings Call

Check Point Software (CHKP) reported Q3 non-GAAP earnings of $2.49 per share, with revenue declining due to lower firewall refresh activity. Subscription growth is expected to slow in Q4 but accelerate in 2027. The company forecasts 2027 subscription revenue to exceed $1.5B. Check Point announced firewall price increases and introduced AI-focused products. Q4 revenue is projected between $720M-$770M, with non-GAAP EPS of $2.71-$2.83.

Original reporting
finance.yahoo.com
Published Nov 2, 2026, 4:13 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 2, 2026, 4:31 PM UTC. Informational, not investment advice.
How this was made
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What Check Point Software Technologies (CHKP) Said on Its Q3 Earnings Call — source image
Source · finance.yahoo.com
Decision brief

The 30-second read

$CHKPNeutralMed
01

Why it matters

Earnings and guidance set expectations for the cybersecurity market; investors will watch execution of AI firewall pricing and large enterprise contracts.

02

Market read

First report of Check Point's earnings and guidance, providing fresh data for traders to assess valuation and sector trends.

03

What to watch

Potential upside from AI‑focused firewall pricing and large enterprise deals not fully reflected in guidance.

Relevance 8/10Novelty 8/10Timing: post‑earnings today

Background

Check Point Software Technologies reported Q3 results and provided FY2027 guidance, highlighting subscription growth slowdown and upcoming AI product initiatives.

Company-level read

Ticker impact

$CHKPNeutralHigh confidence
Context

Q3 earnings release with non‑GAAP operating income $251M, EPS $2.49 and full‑year guidance for revenue $2.73‑2.78B and non‑GAAP EPS $10.25‑10.37.

Expected impact

likely modest downside as market prices in slower subscription growth and guidance below expectations

Evidence & confidence

Guidance for FY2026 revenue and EPS is below consensus, while margin remains strong; investors may trim positions pending further clarity.

Market effects

Sector

Cybersecurity sector may see pressure as a leading vendor signals slower subscription growth.

Regional

Limited to US and Israeli markets where Check Point operates.

Global

Modest; impacts broader security spending outlook but not a market‑wide catalyst.

Counterpoint

What could challenge this read

Strong margin and upcoming AI firewall could support upside if guidance is revised upward later.

Key entities

  • Executive
    Gideon Golan

    CEO who presented earnings and guidance.

  • Executive
    Zafrir

    Executive discussing AI network firewall and large deals.

Read at source← All news

StoryCheck Point reports Q3 revenue dip, subscription growth and Q4 guidance below consensus

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6 outlets

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