Check Point Software Technologies reported second quarter 2026 financial results with total revenues of $674 million, a 1 percent year-over-year increase. Security subscription revenues rose 12 percent to $333 million, while Remaining Performance Obligation (RPO) grew 7 percent to $2.6 billion. GAAP operating income was $185 million (27 percent margin), and Non-GAAP operating income reached $260 million (39 percent margin). Diluted EPS increased 2 percent year-over-year to $1.87 on a GAAP basis, with Non-GAAP diluted EPS rising 8 percent to $2.55. The company generated $170 million in cash flow from operations and $161 million in adjusted free cash flow. Cash balances, marketable securities, and short-term deposits totaled $4,203 million as of June 30, 2026, driven by proceeds from a recent convertible senior notes offering. During the quarter, Check Point repurchased approximately 2.5 million shares for $325 million under an expanded $2 billion authorization announced in May 2026.

Check Point Software Technologies issued a proxy statement for its Annual General Meeting of Shareholders scheduled for September 2, 2026. The agenda includes the election of seven directors, including new independent director Yoram Tietz, and the ratification of Kost, Forer, Gabbay & Kasierer as independent auditors. Shareholders will vote on binding compensation packages for CEO Nadav Zafrir, Executive Chair Gil Shwed, and Lead Independent Director Yoav Chelouche. Proposed CEO compensation includes an annual salary of approximately $500,000 and an equity grant comprising $6.0 million in RSUs, $4.0 million in PSUs, and $5.0 million in stock options. The company operates in the cybersecurity industry, providing network and cloud security solutions.

Check Point Software Technologies Ltd. announced the identification of a security vulnerability affecting Remote Access VPN and Mobile Access functionality in certain configurations of its security gateway products. The company has released a software update to address the vulnerability and is investigating instances of unauthorized access to customer environments. The company stated that it does not believe this matter is reasonably likely to have a material impact on its financial condition or results of operations.