Check Point Software Reports Third Quarter 2024 Financial Results

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Check Point Software Technologies has announced its financial results for the third quarter ended September 30, 2024. Revenue increased 7 percent to $635 million.

“Check Point delivered great third quarter financial results that were bolstered by double-digit Infinity Platform growth. This success is underscored by double-digit revenue growth in Harmony Email and Infinity Global Services,” said Gil Shwed, Check Point founder and CEO.

“We expanded our offerings into the Security Operation Center (SOC) market with the Cyberint acquisition that delivers proactive, AI powered threat intelligence and exposure management. We’re looking forward to continued success with our Infinity Platform and the broader adoption of our technologies as we close out the year.”

Third Quarter 2024:

  • Total Revenues: $635 million, a 7 percent increase year over year
  • Security Subscriptions Revenues: $277 million, a 12 percent increase year over year
  • GAAP Operating Income: $218 million, representing 34 percent of revenues
  • Non-GAAP Operating Income: $274 million, representing 43 percent of revenues
  • GAAP EPS: $1.83, a 4 percent increase year over year
  • Non-GAAP EPS: $2.25, a 9 percent increase year over year
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