Check Point reports Q3 revenue dip, subscription growth and Q4 guidance below consensus
Check Point Software Technologies posted third‑quarter 2026 revenue of $670 million, a 1 % year‑over‑year decline, while security subscription revenue rose 11 % to $339 million. GAAP EPS fell 45 % to $1.82 and non‑GAAP EPS fell 37 % to $2.49. CEO Nadav Zafrir said the quarter marked a trough for product revenue and expects a gradual recovery starting in Q4, but the company guided Q4 revenue to $720‑$770 million, below analyst consensus, and forecast 2027 subscription revenue to exceed $1.5 billion.
Why it matters
Analysts downgraded the stock after the revenue miss and guidance below expectations, which drove the share price down about 9 % in pre‑market trading. The lower guidance signals slower near‑term growth for investors.
Key facts
- 1Total revenue was $670 million, a 1 % decrease year over year. prnewswire.com
- 2Security subscription revenue was $339 million, up 11 % year over year. prnewswire.com
- 3GAAP EPS was $1.82, down 45 % year over year. prnewswire.com
- 4Non‑GAAP EPS was $2.49, down 37 % year over year. prnewswire.com
- 5Q4 revenue guidance is $720 million to $770 million. fool.com
- 62027 subscription revenue target is over $1.5 billion. fool.com
Summary written by AlphAI AI Desk from 19 of 19 sources. Not investment advice. Figures are as stated by the linked sources.