Check Point Beats Q1 Profit and Cuts Revenue Outlook
The cybersecurity firm reported adjusted quarterly earnings of $2.50 per share. However, it lowered its full-year revenue forecast due to weaker firewall sales.
CHECK POINT SOFTWARE TECH reported Q1 EPS of $2.50, beating forecasts, but cut its full-year 2026 revenue outlook to $2.77B-$2.85B. Adjusted EPS rose 13% from $2.21 a year earlier, exceeding the $2.40 LSEG analyst estimate. A 14% early-session share drop reflects investor concern over weakening firewall appliance sales despite strong subscription growth.
### Subscription Growth vs. Firewall Decline Revenue grew 5% to $668 million, matching expectations. Security service revenue rose 11% to $323 million, driven by cloud and email protection tools. However, the Israel-based firm lowered its 2026 revenue guidance from a previous range of $2.83B-$2.95B.
