Latest news with #QuantumForce
Yahoo
3 days ago
- Business
- Yahoo
Check Point announces advancements to Quantum Force Security Gateways
Check Point (CHKP) announced major advancements to its family of Quantum Force Security Gateways. All Quantum Force Security Gateways for the data center and perimeter are receiving a 15%-25% performance boost in threat prevention throughput – delivered automatically via software update. In parallel, Check Point is launching a new lineup of AI-powered Quantum Force Branch Office Security Gateways designed to provide enterprise-level firewall security with up to a 4x increase in threat prevention performance from previous models. These four new branch firewalls deliver industry-leading 99.9% block rate, lightning-fast cloud application performance, and are optimized for SD-WAN to meet the growing demands of hybrid networks and the modern distributed workforce. According to the latest data from Check Point Research, branch offices are now facing an average of 713 weekly attack attempts per location, a 36% rise from the same period last year. Additionally, 50% of branch offices encounter attempts to exploit vulnerabilities from external sources, highlighting the urgent requirement for robust branch security and scalable management in the AI era. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on CHKP: Disclaimer & DisclosureReport an Issue Strategic Acquisition of Veriti Boosts Check Point's Automated Threat Management Check Point announces agreement to acquire Veriti Palo Alto Networks price target raised to $235 from $225 at Wells Fargo DA Davidson technology analysts hold an analyst/industry conference call Check Point achieves FedRAMP 'In Process' status
Techday NZ
3 days ago
- Business
- Techday NZ
Check Point boosts Quantum Force with AI security update
Check Point has announced significant enhancements to its Quantum Force platform, including an automatic upgrade that delivers a 15%-25% performance boost in threat prevention throughput for all Quantum Force Hybrid Mesh firewalls, as well as the introduction of AI-powered security appliances designed for branch offices. The updates are designed to address growing demands for software-driven security solutions and the increasing threat landscape facing enterprise networks and branch locations. The performance boosts, delivered automatically via software updates, enhance existing security infrastructure without requiring hardware changes. Check Point's new Quantum Force Branch Office Security Gateways offer up to four times the threat prevention performance of previous generations, aiming to meet the security requirements of distributed and hybrid enterprise networks. The four new branch models are engineered to handle rising attack rates on branch offices, which, according to Check Point Research, now experience an average of 713 weekly attack attempts per location, a 36% increase from last year. Additionally, 50% of branch offices reportedly encounter efforts to exploit vulnerabilities from external sources, underlining the importance of robust branch security. "As we continue to prioritise innovation and efficiency, Check Point's new Quantum Force Branch Office Security Gateway firewalls are built for speed, simplicity, and security. They're 4x faster than previous models, optimised for SD-WAN, and backed by our latest AI-powered threat prevention. And with automatic performance upgrades, existing Quantum Force customers will receive a 15-25% performance boost with a software update — no hardware changes required," said Nataly Kremer, Chief Product Officer at Check Point. The branch office appliances are designed to provide a 99.9% block rate for threats, as verified in Miercom's 2025 security benchmark report, deliver improved security for cloud applications, and offer increased connectivity and port capacity. With the adoption of SD-WAN technology and the expansion of remote work, these features are poised to enhance branch office security, making it more resilient and responsive to changing operational needs. Check Point points to findings in its CPR 2025 Security Report, which shows a 44% annual rise in cyberattacks, reflecting the intensification of the security environment for branch locations. The company has designed the new appliances to maintain strong security without impacting network performance or user productivity, a crucial factor for locations that engage in direct customer interactions. "World Wide Technology (WWT) provides security products and services to customers across a variety of industries, including financial services, manufacturing, retail and healthcare with distributed branch offices. Check Point's new next-generation Quantum Force Branch Office Security Gateways with enhanced AI powered threat prevention, empower us to protect these customers from the latest attacks on branch offices. These innovations help our clients reduce risk, streamline operations, and scale securely across hybrid environments — turning cyber resilience into a competitive advantage," Chris Konrad, Vice President of Global Cyber at World Wide Technology (WWT), said, commenting on the new offerings. The company has also released a new generation of Quantum Smart-1 Management Appliances, featuring a twofold increase in managed gateway capacity and up to 70% higher log processing rates. These management solutions are intended to centralise and automate security operations across hybrid environments through AI-powered tools and policy orchestration. "Security teams today face more pressure than ever — from rising AI-generated threats to managing fragmented infrastructures. Our new Quantum Smart-1 Management Appliances simplify that complexity. Our new Quantum Smart-1 Management Appliances combine AI, speed, precision, and automation to help organisations manage on-premise, cloud, and distributed IT deployments — faster and smarter," said Nataly Kremer, Chief Product Officer at Check Point. The seventh-generation Smart-1 appliances offer local storage scaling up to 70TB for compliance requirements and support management for up to 10,000 gateways. This architecture is designed to combine unified management across on-premises, cloud, and remote deployments, with integration for over 250 third-party solutions. "The Check Point Infinity Platform demonstrated superior security efficacy, consistently outperforming its peers in the test category of comprehensive threat prevention and response, as well as excelling in the AI-powered testing scenarios. Its AI-driven architecture, hybrid mesh deployment model, and unified security operations prove that Check Point is setting the pace for next-generation cyber security," Rob Smithers, CEO at Miercom, said, highlighting the platform's performance in recent testing. "Branch offices are often the soft spots in enterprise security, providing vulnerable entry-points for attacks and compromising the security posture across the enterprise. Check Point's new Quantum Branch Office Security Gateways deliver robust threat prevention to the edge, enabling organisations to secure their branch offices from emerging cyber threats while keeping pace with the demands of the hybrid workforce," Pete Finalle, Security Research Manager at IDC, noted the importance of edge security. Check Point's Quantum Force Branch Office Security Gateways and Smart-1 Management Appliances are currently available through its network of partners worldwide.
Yahoo
4 days ago
- Business
- Yahoo
AI-Powered Defense at the Edge: Check Point Launches New Branch Office Security Gateways with 4x Faster Threat Prevention Performance
Optimized for SD-WAN, New Quantum Force Branch Office Firewalls deliver protections against growing attacks on branch offices and superior end user experience REDWOOD CITY, Calif., May 28, 2025 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, today announced major advancements to its family of Quantum Force Security Gateways. All Quantum Force Security Gateways for the data center and perimeter are receiving a 15%-25% performance boost in threat prevention throughput – delivered automatically via software update. In parallel, Check Point is launching a new lineup of AI-powered Quantum Force Branch Office Security Gateways designed to provide enterprise-level firewall security with up to a 4x increase in threat prevention performance from previous models. These four new branch firewalls deliver industry-leading 99.9% block rate, lightning-fast cloud application performance, and are optimized for SD-WAN to meet the growing demands of hybrid networks and the modern distributed workforce. According to the latest data from Check Point Research (CPR), branch offices are now facing an average of 713 weekly attack attempts per location, a 36% rise from the same period last year. Additionally, 50% of branch offices encounter attempts to exploit vulnerabilities from external sources, highlighting the urgent requirement for robust branch security and scalable management in the AI era. 'As we continue to prioritize innovation and efficiency, Check Point's new Quantum Force Branch Office Security Gateway firewalls are built for speed, simplicity, and security,' said Nataly Kremer, Chief Product Officer at Check Point. 'They're 4x faster than previous models, optimized for SD-WAN, and backed by our latest AI-powered threat prevention. And with automatic performance upgrades, existing Quantum Force customers will receive a 15-25% performance boost with a software update — no hardware changes required.' Today's branch offices play a crucial role in engaging directly with customers but often represent the most vulnerable point in network security. Their direct links to the public cloud and the internet make them more susceptible to cyber threats. With the current threat environment and a staggering 44% rise in cyber-attacks year over year, as highlighted in CPR's 2025 Security Report, there is a significant need to implement strong enterprise firewalls that can effectively defend against online threats without impacting network performance by causing delays or disruptions. 'World Wide Technology (WWT) provides security products and services to customers across a variety of industries including financial services, manufacturing, retail and healthcare with distributed branch offices,' said Chris Konrad, Vice President of Global Cyber at WWT. 'Check Point's new next-generation Quantum Force Branch Office Security Gateways with enhanced AI powered threat prevention, empower us to protect these customers from the latest attacks on branch offices. These innovations help our clients reduce risk, streamline operations, and scale securely across hybrid environments — turning cyber resilience into a competitive advantage.' Check Point's Quantum Force Branch Office Security Gateways capabilities include: Industry-leading threat prevention: A 4x boost in threat prevention throughput with a tried and tested industry leading 99.9% block rate based on Miercom's 2025 security benchmark report. Optimized for Cloud Applications: Lightning-fast security performance for SaaS apps by optimizing for SD-WAN, expanding network connectivity up to 10X to 10 GbE, and increasing port capacity 2X. Unified Management: Top rated unified security management for enterprise, campus, branch, and cloud environments along with zero-trust policy across the entire enterprise. 'Branch offices are often the soft spots in enterprise security, providing vulnerable entry-points for attacks and compromising the security posture across the enterprise,' said Pete Finalle, Security Research Manager, at IDC. "Check Point's new Quantum Branch Office Security Gateways deliver robust threat prevention to the edge, enabling organizations to secure their branch offices from emerging cyber threats while keeping pace with the demands of the hybrid workforce.' AvailabilityThe four new Check Point Quantum Force Branch Office Security Gateways are available now through our network of global partners. For more details about Check Point Quantum Force, visit our website or check out our blog. Follow Check Point via:LinkedIn: X: YouTube: About Check Point Software Technologies Ltd. Check Point Software Technologies Ltd. ( is a leading protector of digital trust, utilizing AI-powered cyber security solutions to safeguard over 100,000 organizations globally. Through its Infinity Platform and an open garden ecosystem, Check Point's prevention-first approach delivers industry-leading security efficacy while reducing risk. Employing a hybrid mesh network architecture with SASE at its core, the Infinity Platform unifies the management of on-premises, cloud, and workspace environments to offer flexibility, simplicity and scale for enterprises and service providers. 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, statements related to our expectations regarding future growth, the expansion of Check Point's industry leadership, the enhancement of shareholder value and the delivery of an industry-leading cyber security platform to customers worldwide. 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. 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 April 2, 2024. 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. MEDIA CONTACT: Ana PerezCheck Point Software Technologies press@ INVESTOR CONTACT:Kip E. MeintzerCheck Point Software Technologiesir@
Yahoo
23-04-2025
- Business
- Yahoo
Why Is Cybersecurity Stock Check Point Software Sliding On Wednesday?
Cybersecurity provider Check Point Software Technologies (NASDAQ:CHKP) reported fiscal first-quarter results on Wednesday. The company reported quarterly revenue growth of 7% year over year to $637.8 million, topping the analyst consensus estimate of $636.2 million. The American Israeli enterprise security solution provider's adjusted EPS of $2.21 beat the analyst consensus estimate of $2.19. The stock declined following the report, despite the earnings beat. Revenue from Products and licenses grew by 14% Y/Y to $114 million, Security subscriptions increased 10% Y/Y to $291 million, and Software updates and maintenance declined 0.9% Y/Y to $233 million. Margin: Adjusted operating margin declined to 40.5% from 42.1% the prior year. The operating margin declined to 30.7% from 32.4% a year ago as operating expenses surged by 9.2% Y/Y. The company generated $421.1 million in operating cash flow, compared to $361.0 million a year ago, and held $2.93 billion in cash and equivalents as of March 31, 2025. CEO Nadav Zafrir said strong demand for its Quantum Force appliances, fueled by refresh cycles and new projects, delivered double-digit year-over-year product and license revenue growth. He added that the AI-driven Infinity Platform, featuring a Hybrid Mesh Architecture, continues to resonate with customers and delivered another quarter of impressive double-digit year-over-year growth. Outlook: Check Point Software projected second-quarter revenue of $642.00 million —$682.00 million versus the analyst consensus estimate of $665.75 million and adjusted EPS of $2.32-$2.42 versus the analyst consensus estimate of $2.36. The company affirmed fiscal 2025 revenue of $2.66 billion-$2.76 billion versus the $2.72 billion analyst consensus estimate and adjusted EPS of $9.60-$10.20 versus the $9.91 analyst consensus estimate. Price Action: CHKP stock is down 5.04% at $201.61 at the last check on Wednesday. Read Next:Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Why Is Cybersecurity Stock Check Point Software Sliding On Wednesday? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
23-04-2025
- Business
- Yahoo
Check Point Software Reports 2025 First Quarter Financial Results
Fourteen Percent Products & Licenses Revenues Growth TEL AVIV, Israel, April 23, 2025 (GLOBE NEWSWIRE) -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the quarter ended March 31st, Flow from Operations: $421 million, a 17 percent increase year over year Calculated Billings* reached $553 million, a 7 percent increase year over year Remaining Performance Obligation (RPO)**: $2.4 billion, an 11 percent increase year over year Total Revenues: $638 million, a 7 percent increase year over year Products & Licenses Revenues: $114 million, a 14 percent increase year over year Security Subscriptions Revenues: $291 million, a 10 percent increase year over year GAAP Operating Income: $196 million, representing 31 percent of total revenues Non-GAAP Operating Income: $259 million, representing 41 percent of total revenues GAAP EPS: $1.71, a 7 percent increase year over year Non-GAAP EPS: $2.21, a 9 percent increase year over year "The first quarter results have provided a solid foundation to expand upon as we progress through the year. Strong demand for our Quantum Force appliances, fueled by refresh cycles and new projects delivered double-digit year-over-year growth in products and licenses revenues," stated CEO Nadav Zafrir. "The AI-driven Infinity Platform, featuring a Hybrid Mesh Architecture, continues to resonate with customers and delivered another quarter of impressive double-digit year-over-year growth." 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 below 'Use of Non-GAAP Financial Information' and 'Reconciliation of GAAP to Non-GAAP Financial Information.' Conference Call & Video Cast Information Check Point will host a conference call with the investment community on April 23, 2025, at 8:30 AM ET/5:30 AM PT. To listen to the live videocast or replay, please visit the website Americas Select Franchise Conference 2025May 6, 2025, London, UK – Fireside Chat & 1x1's J.P. Morgan 53rd Annual Technology, Media, and Telecom ConferenceMay 13-15, 2025, Boston, MA – Fireside Chat & 1x1's Oppenheimer 26th Annual Israeli ConferenceMay 18, 2025, Tel Aviv, Israel – Fireside Chat & 1x1's TD Cowen 53rd Annual TMT ConferenceMay 28, 2025, NY, NY – Fireside Chat & 1x1's Jefferies Software SummitMay 29, 2025, Newport Coast, CA – Fireside Chat &1x1's Stifel 2025 Cross Sector 1x1 ConferenceJune 3, 2025, Boston, MA – 1x1's Baird 2025 Global Consumer, Technology & Services ConferenceJune 4, 2025, SF, CA – 1x1's Bank of America Merrill Lynch 2025 Global Technology ConferenceJune 5, 2025, SF, CA – Fireside Chat & 1x1's TD Cowen 2nd Annual Corporate Access DayJune 17, 2025, Toronto, Canada – 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 The schedule is subject to change. Follow Check Point via:Twitter: About Check Point Software Technologies Point Software Technologies Ltd. ( 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. 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, and our participation in investor conferences and other events during the second 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. 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. * 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 March 31, POINT SOFTWARE TECHNOLOGIES LTD. CONSOLIDATED STATEMENT OF INCOME (Unaudited, in millions, except per share amounts) Three Months Ended March 31, 2025 2024 Revenues: Products and licenses $ 114.1 $ 100.3 Security subscriptions 290.6 263.4 Total revenues from products and security subscriptions 404.7 363.7 Software updates, maintenance and services 233.1 235.1 Total revenues 637.8 598.8 Operating expenses: Cost of products and licenses 23.0 19.9 Cost of security subscriptions 21.4 16.5 Total cost of products and security subscriptions 44.4 36.4 Cost of Software updates and maintenance 32.1 28.7 Amortization of technology 7.6 5.8 Total cost of revenues 84.1 70.9 Research and development 102.1 99.2 Selling and marketing 225.4 206.2 General and administrative 30.7 28.6 Total operating expenses 442.3 404.9 Operating income 195.5 193.9 Financial income, net 27.3 22.6 Income before taxes on income 222.8 216.5 Taxes on income 31.9 32.6 Net income $ 190.9 $ 183.9 Basic earnings per share $ 1.77 $ 1.64 Number of shares used in computing basic earnings per share 107.9 112.3 Diluted earnings per share $ 1.71 $ 1.60 Number of shares used in computing diluted earnings per share 111.4 115.2CHECK POINT SOFTWARE TECHNOLOGIES LTD. SELECTED FINANCIAL METRICS (Unaudited, in millions, except per share amounts) Three Months Ended March 31, 2025 2024 Revenues $ 637.8 $ 598.8 Non-GAAP operating income 258.6 252.0 Non-GAAP net income 246.2 234.5 Non-GAAP diluted earnings per share $ 2.21 $ 2.04 Number of shares used in computing diluted Non-GAAP earnings per share 111.4 115.2CHECK POINT SOFTWARE TECHNOLOGIES OF GAAP TO NON-GAAP FINANCIAL INFORMATION (Unaudited, in millions, except per share amounts) Three Months Ended March 31, 2025 2024 GAAP operating income $ 195.5 $ 193.9 Stock-based compensation (1) 41.2 41.6 Amortization of intangible assets and acquisition related expenses (2) (*) 21.9 16.5 Non-GAAP operating income $ 258.6 $ 252.0 GAAP net income $ 190.9 $ 183.9 Stock-based compensation (1) 41.2 41.6 Amortization of intangible assets and acquisition related expenses (2) (*) 21.9 16.5 Taxes on the above items (3) (7.8 ) (7.5 ) Non-GAAP net income $ 246.2 $ 234.5 GAAP diluted earnings per share $ 1.71 $ 1.60 Stock-based compensation (1) 0.37 0.36 Amortization of intangible assets and acquisition related expenses (2) (*) 0.2 0.15 Taxes on the above items (3) (0.07 ) (0.07 ) Non-GAAP diluted earnings per share $ 2.21 $ 2.04 Number of shares used in computing diluted Non-GAAP earnings per share 111.4 115.2 (1) Stock-based compensation: Cost of products and licenses $ 0.1 $ 0.1 Cost of software updates and maintenance 2.1 2.2 Research and development 14.7 14.7 Selling and marketing 14.6 15.9 General and administrative 9.7 8.7 41.2 41.6 (2) Amortization of intangible assets and acquisition related expenses (*): Amortization of technology-cost of revenues 7.6 5.8 Research and development 1.5 1.6 Selling and marketing 12.8 9.1 21.9 16.5 (3) Taxes on the above items (7.8 ) (7.5 ) Total, net $ 55.3 $ 50.6 (*) While amortization of acquired intangible assets is excluded from the measures, the revenue of the acquired companies is reflected in the measures and the acquired assets contribute to revenue POINT SOFTWARE TECHNOLOGIES CONSOLIDATED BALANCE SHEET DATA(In millions)ASSETS March 31, December 31, 2025(Unaudited) 2024(Audited) Current assets: Cash and cash equivalents $ 450.2 $ 506.2 Marketable securities and short-term deposits 1,012.0 865.7 Trade receivables, net 399.7 728.8 Prepaid expenses and other current assets 94.5 92.7 Total current assets 1,956.4 2,193.4 Long-term assets: Marketable securities 1,469.8 1,411.9 Property and equipment, net 83.0 80.8 Deferred tax asset, net 80.6 74.7 Goodwill and other intangible assets, net 1,877.9 1,897.1 Other assets 90.2 96.6 Total long-term assets 3,601.5 3,561.1 Total assets $ 5,557.9 $ 5,754.5LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Deferred revenues $ 1,389.8 $ 1,471.3 Trade payables and other accrued liabilities 394.8 472.9 Total current liabilities 1,784.6 1,944.2 Long-term liabilities: Long-term deferred revenues 525.6 529.0 Income tax accrual 467.4 459.6 Other long-term liabilities 31.8 32.3 Total long-term liabilities 1,024.8 1,020.9 Total liabilities 2,809.4 2,965.1 Shareholders' equity: Share capital 0.8 0.8 Additional paid-in capital 3,125.5 3,049.5 Treasury shares at cost (14,579.6 ) (14,264.4 ) Accumulated other comprehensive gain (2.9 ) (10.3 ) Retained earnings 14,204.7 14,013.8 Total shareholders' equity 2,748.5 2,789.4 Total liabilities and shareholders' equity $ 5,557.9 $ 5,754.5 Total cash and cash equivalents, marketable securities, and short-term deposits $ 2,932.0 $ 2,783.8 CHECK POINT SOFTWARE TECHNOLOGIES CONSOLIDATED CASH FLOW DATA (Unaudited, in millions) Three Months Ended March 31, 2025 2024 Cash flow from operating activities: Net income $ 190.9 $ 183.9 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation of property and equipment 5.2 7.3 Amortization of intangible assets 19.2 13.5 Stock-based compensation 41.2 41.6 Realized loss on marketable securities 0.1 - Decrease in trade and other receivables, net 329.4 265.4 Decrease in deferred revenues, trade payables and other accrued liabilities (142.1 ) (140.6 ) Deferred income taxes, net (22.8 ) (10.1 ) Net cash provided by operating activities 421.1 361.0 Cash flow from investing activities: Investment in property and equipment (7.4 ) (6.5 ) Net cash used in investing activities (7.4 ) (6.5 ) Cash flow from financing activities: Proceeds from issuance of shares upon exercise of options 46.0 45.6 Purchase of treasury shares (325.0 ) (325.0 ) Payments related to shares withheld for taxes (1.5 ) (1.1 ) Net cash used in financing activities (280.5 ) (280.5 ) Unrealized gain on marketable securities, net 15.0 1.6 Increase in cash and cash equivalents, marketable securities, and short-term deposits 148.2 75.6 Cash and cash equivalents, marketable securities, and short-term deposits at the beginning of the period 2,783.8 2,959.7 Cash and cash equivalents, marketable securities, and short-term deposits at the end of the period $ 2,932.0 $ 3,035.3 INVESTOR CONTACT:Kip E. MeintzerCheck Point Software +1.650.628.2040 ir@ MEDIA CONTACT:Gil MessingCheck Point Software+1.650.628.2260press@
