Check Point Software Technologies Ltd. (CHKP) Income Statement Analysis

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Complete financial analysis of Check Point Software Technologies Ltd. (CHKP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Check Point Software Technologies Ltd., a leading company in the Software – Infrastructure industry within the Technology sector.

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Check Point Software Technologies Ltd. (CHKP)

Industry: Software - Infrastructure

Sector: Technology

Website: https://www.checkpoint.com

About Check Point Software Technologies Ltd.

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a portfolio of network security, endpoint security, data security, and management solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against 5th and 6th generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile. The company also offers security gateways and software platforms that support small and medium sized business (SMB) to large enterprise data center and telco-grade environments; and threat prevention technologies and zero-day protections. In addition, the company provides cloud network security, security and posture management, cloud workload protection, and cloud web application protection for web applications and APIs; and Check Point Harmony that delivers endpoint and secure connectivity for remote user access. Further, the company provides technical customer support programs and plans; professional services in implementing, upgrading, and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services on Check Point products. It sells its products through multiple distribution channels, including distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point Software Technologies Ltd. was incorporated in 1993 and is headquartered in Tel Aviv, Israel.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996
Revenue	2.41B	2.33B	2.17B	2.06B	1.99B	1.92B	1.85B	1.74B	1.63B	1.50B	1.39B	1.34B	1.25B	1.10B	924.42M	808.49M	730.88M	575.14M	579.35M	515.36M	432.57M	426.99M	527.64M	425.28M	219.57M	141.90M	82.90M	31.90M
Cost of Revenue	282.60M	304.40M	258.10M	226.50M	215.40M	201.38M	212.96M	202.00M	189.06M	176.54M	162.63M	159.16M	175.68M	163.97M	133.27M	92.61M	82.30M	36.43M	30.54M	27.78M	18.92M	20.69M	26.57M	28.16M	18.82M	9.10M	4.90M	1.40M
Gross Profit	2.13B	2.03B	1.91B	1.84B	1.78B	1.72B	1.64B	1.54B	1.44B	1.32B	1.23B	1.18B	1.07B	933.90M	791.15M	715.88M	648.58M	538.71M	548.81M	487.58M	413.65M	406.30M	501.07M	397.13M	200.75M	132.80M	78.00M	30.50M
Gross Profit Ratio	88.30%	86.94%	88.09%	89.03%	89.20%	89.49%	88.52%	88.40%	88.40%	88.20%	88.33%	88.15%	85.91%	85.06%	85.58%	88.55%	88.74%	93.67%	94.73%	94.61%	95.63%	95.15%	94.96%	93.38%	91.43%	93.59%	94.09%	95.61%
Research & Development	368.90M	349.90M	292.70M	252.80M	239.20M	211.52M	192.39M	178.37M	149.28M	133.30M	121.76M	111.91M	110.15M	105.75M	89.74M	91.63M	80.98M	62.21M	50.54M	43.19M	29.31M	28.71M	33.22M	30.31M	18.92M	10.60M	6.20M	0.00
General & Administrative	117.00M	116.10M	110.70M	111.50M	105.70M	88.95M	91.97M	88.13M	91.98M	78.56M	72.74M	69.74M	65.18M	57.24M	56.41M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	747.10M	675.20M	597.80M	569.90M	552.70M	500.85M	433.43M	420.53M	359.80M	306.36M	276.07M	255.35M	253.80M	235.30M	220.88M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	864.10M	791.30M	708.50M	681.40M	658.40M	589.80M	525.39M	508.66M	451.79M	384.92M	348.80M	325.09M	318.98M	292.55M	277.29M	267.75M	271.02M	200.62M	166.58M	161.07M	128.65M	122.58M	131.09M	130.41M	81.30M	50.90M	32.00M	15.80M
Other Expenses	0.00	0.00	12.00M	11.00M	215.40M	11.00K	212.96M	202.00M	189.06M	176.54M	38.50M	39.80M	36.82M	21.26M	22.90M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.60M	4.50M	1.20M	600.00K
Operating Expenses	1.23B	1.14B	1.00B	934.20M	897.60M	801.32M	717.78M	687.03M	601.06M	518.22M	470.57M	437.00M	429.13M	398.29M	367.03M	359.38M	352.00M	262.83M	217.12M	204.26M	157.97M	151.28M	164.31M	160.72M	103.82M	66.00M	39.40M	16.40M
Cost & Expenses	1.52B	1.45B	1.26B	1.16B	1.11B	1.00B	930.74M	889.03M	790.12M	694.76M	633.20M	596.16M	604.81M	562.27M	500.30M	451.99M	434.30M	299.26M	247.66M	232.04M	176.89M	171.98M	190.88M	188.88M	122.64M	75.10M	44.30M	17.80M
Interest Income	92.40M	44.00M	42.10M	66.60M	80.60M	65.07M	47.03M	44.40M	34.07M	28.76M	34.93M	40.33M	68.35M	29.38M	32.06M	51.78M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	2.30M	44.00M	4.00M	2.20M	2.30M	2.33M	2.13M	1.97M	3.42M	2.16M	1.48M	1.90M	39.02M	30.16M	41.35M	10.90M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	47.40M	36.20M	30.70M	27.10M	24.00M	20.79M	16.64M	14.74M	13.97M	11.28M	11.57M	14.89M	51.55M	58.77M	59.54M	48.89M	48.28M	15.69M	22.06M	27.28M	23.68M	14.96M	10.35M	7.11M	3.60M	4.50M	1.20M	600.00K
EBITDA	1.02B	920.50M	938.20M	931.30M	905.80M	934.56M	940.55M	867.01M	853.69M	812.34M	772.47M	761.42M	734.76M	623.16M	505.34M	402.13M	344.85M	354.16M	353.75M	332.28M	279.37M	269.97M	347.12M	243.51M	100.53M	71.34M	39.45M	14.60M
EBITDA Ratio	42.37%	39.51%	43.30%	45.10%	45.41%	48.76%	50.71%	49.79%	52.38%	54.31%	55.41%	56.71%	55.63%	54.19%	53.44%	52.49%	49.36%	51.11%	61.06%	64.75%	64.58%	63.23%	65.09%	57.17%	45.70%	45.10%	43.06%	40.13%
Operating Income	899.10M	884.30M	907.50M	904.20M	881.80M	913.77M	923.92M	852.27M	839.72M	801.05M	760.91M	746.54M	642.17M	535.01M	415.02M	356.50M	279.58M	274.82M	331.69M	260.22M	255.68M	255.01M	336.76M	229.30M	96.92M	66.80M	38.60M	14.10M
Operating Income Ratio	37.23%	37.95%	41.88%	43.79%	44.20%	47.68%	49.82%	48.94%	51.52%	53.55%	54.58%	55.60%	51.50%	48.73%	44.89%	44.09%	38.25%	47.78%	57.25%	50.49%	59.11%	59.72%	63.82%	53.92%	44.14%	47.08%	46.56%	44.20%
Total Other Income/Expenses	76.50M	44.00M	42.10M	66.60M	80.60M	65.07M	47.03M	44.40M	34.07M	28.76M	34.93M	40.33M	41.04M	29.38M	30.78M	29.66M	49.73M	63.65M	54.18M	44.78M	43.51M	49.31M	44.76M	29.15M	12.96M	7.00M	3.20M	1.30M
Income Before Tax	975.60M	928.30M	949.60M	970.80M	962.40M	978.84M	970.95M	896.67M	873.79M	829.82M	795.84M	786.87M	683.21M	564.39M	445.80M	386.16M	329.30M	338.47M	385.87M	305.00M	299.19M	304.33M	381.52M	258.44M	109.89M	73.80M	42.50M	15.60M
Income Before Tax Ratio	40.40%	39.84%	43.82%	47.01%	48.25%	51.08%	52.35%	51.49%	53.61%	55.48%	57.09%	58.60%	54.79%	51.41%	48.22%	47.76%	45.06%	58.85%	66.60%	59.18%	69.17%	71.27%	72.31%	60.77%	50.05%	52.01%	51.27%	48.90%
Income Tax Expense	135.30M	131.40M	134.00M	124.20M	136.70M	157.54M	168.02M	171.83M	187.92M	170.25M	143.04M	166.87M	139.25M	111.57M	88.28M	62.19M	48.24M	60.44M	66.18M	56.60M	55.31M	49.25M	59.60M	37.23M	14.10M	3.90M	2.30M	400.00K
Net Income	840.30M	796.90M	815.60M	846.60M	825.70M	821.31M	802.92M	724.85M	685.87M	659.57M	652.80M	620.00M	543.97M	452.83M	357.52M	323.97M	281.06M	278.03M	319.68M	248.39M	243.88M	255.08M	321.92M	221.21M	95.78M	69.90M	40.20M	15.20M
Net Income Ratio	34.80%	34.20%	37.64%	41.00%	41.39%	42.85%	43.29%	41.63%	42.08%	44.09%	46.83%	46.18%	43.62%	41.25%	38.68%	40.07%	38.46%	48.34%	55.18%	48.20%	56.38%	59.74%	61.01%	52.02%	43.62%	49.26%	48.49%	47.65%
EPS	7.19	6.36	6.13	6.03	5.48	5.24	4.93	4.26	3.83	3.50	3.40	3.04	2.63	2.18	1.71	1.51	1.26	1.18	1.30	0.99	0.98	1.04	1.34	0.42	0.05	0.11	0.02	0.01
EPS Diluted	7.10	6.31	6.08	5.96	5.43	5.15	4.82	4.18	3.74	3.43	3.27	2.96	2.54	2.13	1.68	1.50	1.25	1.17	1.27	0.95	0.96	1.00	1.25	0.37	0.04	0.10	0.02	0.01
Weighted Avg Shares Out	116.91M	125.21M	133.10M	140.50M	150.60M	156.60M	162.70M	170.16M	179.22M	188.49M	192.26M	203.92M	206.92M	208.11M	209.37M	214.36M	222.55M	235.62M	245.91M	250.90M	248.86M	244.10M	222.93M	523.37M	2.01B	637.83M	205.06M	196.35M
Weighted Avg Shares Out (Dil)	118.35M	126.34M	134.10M	142.00M	152.10M	159.40M	166.60M	173.30M	183.62M	192.30M	199.49M	209.17M	213.92M	212.93M	212.21M	216.67M	225.44M	237.63M	251.72M	261.47M	254.04M	254.77M	246.46M	590.66M	2.22B	696.51M	205.06M	196.35M

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