CHECK POINT SOFTWARE TECHNOLOGIES LTD
CHKP · Services-Prepackaged Software · EDGAR filings ↗
Reference price $123.07 — last insider sale, 2026-06-11 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
A86Cybersecurity franchise with elite margins, strong free cash flow, and a debt-free balance sheet.
Strengths
- Elite margins and returns — operating margin 30.5% (95th), net margin 38.8% (96th), ROA 13.5% (93rd)
- Strong FCF, debt-free — FCF $1.17B (90th), FCF margin 43.0%
- Durable security franchise — per 10-K
Risks
- Modest growth — revenue +6.3% (39th)
- Competitive security market — per 10-K
- Mature firewall mix vs. cloud-native rivals — per 10-K
Notable findings
- Customer concentration~57% of revenue from one customer/distributor — During 2025, 2024 and 2023, we derived approximately 57%, 56% and 56%, respectively, of our sales from our ten largest distributors
- Strong balance sheetStrong balance sheet — $5.7B cash & investments
- Insider sellingInsider selling — 3 open-market sale(s) by 3 insider(s) (cluster of 3 insiders, ~$10M, last 6mo) Form 4 ↗
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Gross margin
86.7%
Operating margin
30.5%
Net margin
38.8%
Return on equity
36.7%
Return on assets
13.5%
Revenue growth (QoQ)
5.9%
Net-income growth
25.0%
Current ratio
2.0×
Free cash flow
$1.2B
EBITDA
$856M
Tangible book value
$764M
Cash & investments
$5.7B
Stock comp / revenue
7.5%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | Shavit Shenhav Tal | Sell | 25K | $123.07 |
| 2026-06-11 | UNGERMAN JERRY T | Sell | 25K | $122.55 |
| 2026-06-02 | Chelouche Yoav | Sell | 25K | $140.28 |
| 2026-05-26 | SHWED GIL | Gift | 3.0K | — |
| 2026-05-10 | Golan Roei | Grant | 658 | — |
| 2026-05-10 | Kremer Nataly | Grant | 658 | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
Named in the 10-K; linked when we track them.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-31 | 2025-12-31 | 0001178913-26-001932 ↗ |
| 20-F | 2025-03-17 | 2024-12-31 | 0001178913-25-000867 ↗ |
| 20-F | 2024-04-02 | 2023-12-31 | 0001178913-24-001196 ↗ |
| 20-F | 2023-04-27 | 2022-12-31 | 0001193125-23-122355 ↗ |
| 20-F | 2022-04-14 | 2021-12-31 | 0001193125-22-105648 ↗ |
| 20-F | 2021-04-02 | 2020-12-31 | 0001193125-21-104893 ↗ |
| 20-F | 2020-04-02 | 2019-12-31 | 0001193125-20-095941 ↗ |
| 20-F | 2019-04-23 | 2018-12-31 | 0001193125-19-114952 ↗ |
| 20-F | 2018-04-27 | 2017-12-31 | 0001193125-18-138808 ↗ |
| 20-F | 2017-04-28 | 2016-12-31 | 0001193125-17-148090 ↗ |
| 20-F | 2016-04-28 | 2015-12-31 | 0001193125-16-564301 ↗ |
| 20-F | 2015-04-24 | 2014-12-31 | 0001193125-15-146312 ↗ |