Earnings release
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Check Point Software Technologies Reports 2021 Second Quarter Financial Results checkpoint.com/press/2021/check-point-software-technologies-reports-2021-second-quarter-financial-results San Carlos , CA Mon , 26 Jul 2021 Check Point® Software Technologies Ltd. ( NASDAQ : CHKP ) , today announced its financial results for the second quarter ended June 30 , 2021 . Second Quarter 2021 : • Total Revenue : $ 526 million , a 4 percent increase year over year Deferred Revenues : $ 1,472 million , a 10 percent increase year over year • GAAP Operating Income : $ 222 million , representing 42 percent of revenues • Non - GAAP Operating Income : $ 257 million , representing 49 percent of revenues • GAAP EPS : $ 1.38 , same as last year • Non - GAAP EPS : $ 1.61 , a 2 percent increase year over year • Cash flow from operations : $ 264 million , a 4 percent increase year over year " We had a good second quarter . Strong execution drove double - digit growth across CloudGuard and Harmony , and triple - digit growth in Infinity platform sales . Overall we grew our security subscription revenues by 12 percent , " said Gil Shwed , Founder and CEO of Check Point Software Technologies . " We've seen a 93 percent increase in ransomware attacks , as Gen V attacks are now the new norm . We believe organizations can stop the next cyber pandemic by adopting a prevention - first approach to security across the network , cloud and remote users . " Financial Highlights for the Second Quarter of 2021 : • Total Revenue : $ 526 million compared to $ 506 million in the second quarter of 2020 , a 4 percent increase year over year . • GAAP Operating Income : $ 222 million compared to $ 221 million in the second quarter of 2020 , representing 42 percent and 44 percent of revenues in the second quarter of 2021 and 2020 , respectively . • Non - GAAP Operating Income : $ 257 million compared to $ 253 million in the second quarter of 2020 , representing 49 percent and 50 percent of revenues in the second quarter of 2021 and 2020 , respectively . • GAAP Taxes on Income : $ 47 million compared to $ 43 million in the second quarter of 2020 . • GAAP Net Income : $ 186 million compared to $ 196 million in the second quarter of 2020 . • Non - GAAP Net Income : $ 217 million compared to $ 225 million in the second quarter of 2020 . • GAAP Earnings per Diluted share : $ 1.38 same as in the second quarter of 2020 . 1/7