Check Point Software

Check Point Software Technologies Ltd. is an Israeli cybersecurity company that develops, markets and supports IT security products and services worldwide. It was incorporated in 1993 and is headquartered in Tel Aviv-Yafo, Israel, with U.S. headquarters in Redwood City, California. The company reports operations in more than 60 countries and states that it protects over 100,000 organizations globally. Check Point is a partner organization of the World Economic Forum and operates the Check Point Research threat intelligence team.

The product portfolio spans a multilevel security architecture covering cloud, network, mobile devices, endpoints and IoT. Segments include hybrid mesh network security (Quantum Force firewalls, Maestro Hyperscale Firewall, Spark firewalls, firewall software R82.10 and AI-powered security management), a workspace security platform (email, endpoint, mobile, browser and XDR protection across devices, browsers, SaaS applications and remote access), threat exposure management (threat intelligence, vulnerability detection and prioritization, remediation), and AI security (workforce and agent security, red teaming). Harmony is a unified cloud security platform combining firewall-as-a-service, secure web gateway, zero-trust network access, SaaS protection and SD-WAN, powered by the company's ThreatCloud AI. CloudGuard covers cloud network security and a web application firewall using contextual AI rather than signatures. Historic and ongoing products include FireWall-1, VPN-1, UTM-1, Check Point Integrity, intrusion prevention, endpoint security, security appliances, web application security and the Infinity architecture; ZoneAlarm is a subsidiary.

Beyond products, Check Point sells cybersecurity services such as managed detection and response, incident response, security consulting, professional services for implementation, upgrade and optimization, technical support programs, and certification and training. It publishes recurring research, including an annual Cyber Security Report, AI Security Report and ransomware reporting, and maintains a live threat map.

Founding story

The company was established in Ramat Gan, Israel in 1993 by Gil Shwed, Marius Nacht and Shlomo Kramer. Shwed conceived the core stateful inspection technology, which became the basis of the first product, FireWall-1, developing the idea while serving in Unit 8200 of the Israel Defense Forces working on securing classified networks; the team soon also built one of the first VPN products, VPN-1. Initial funding of $250,000 came from venture capital fund BRM Group. Shwed is credited as the inventor of the modern firewall and holds patents on stateful inspection.

Business model

Check Point sells security software, hardware appliances and subscription-based security services to enterprise and public-sector organizations, complemented by technical support programs and plans, professional and consulting services, and certification and training offerings. Reported revenue lines include security subscriptions, which reached $1.104 billion in 2024, up 13% year over year, within total 2024 revenue of $2.565 billion.

Revenue comes from product and licence sales, security subscription services, and support/professional services contracts; the fiscal year ends December 31 and results are reported quarterly. Full-year 2025 revenue was $2.725 billion with net income of $1.05 billion, and Q2 FY26 revenue was $673.6 million with earnings of $193.8 million.

Traction

Full-year 2024 revenue was $2.565 billion, up 6% year over year, with security subscription revenue of $1.104 billion (up 13%). Fiscal 2025 revenue was $2.725 billion, operating income $831 million, net income $1.05 billion, total assets $7.8 billion and total equity $2.88 billion, with 6,825 employees. Q2 FY26 revenue was $673.6 million with earnings of $193.8 million and a 28.77% profit margin. The company reports protecting more than 100,000 organizations and preventing over 3 billion cyber attacks annually.

Latest developments

In December 2024 Nadav Zafrir became CEO and founder Gil Shwed moved to Executive Chairman. A partnership with cloud security provider Wiz was announced in February 2025, and the company acquired Veriti (threat management) and Lakera (AI cybersecurity) in 2025. In December 2025 Check Point priced $1.75 billion of 0.00% convertible senior notes due 2030, upsized from $1.5 billion, with net proceeds of approximately $1.72 billion earmarked for capped call transactions, share repurchases, M&A and general corporate purposes. Recent product and research activity focuses on AI security, including AI security built into the firewall, an Agentic AI Security playbook, a Cyber Security Report 2026 flagging fully autonomous AI attacks, and a July 2026 frontier AI security and hardening advisory. The company released its 2025 ESG report, and in 2026 Raymond James downgraded the stock on channel trends while Goldman Sachs maintained Neutral and lowered its target from $168 to $150.