Check Point Software Technologies Ltd

Check Point Software Technologies reported second-quarter results broadly in line with expectations, with total revenue rising 1% year over year to $674 million. Subscription revenue grew 12% to $333 million, offsetting a 14% decline in product revenue tied to weaker firewall-appliance demand. Non-GAAP earnings per share increased 8% to $2.55, exceeding guidance. The company launched an AI Network Firewall as part of its AI Defense Plane, designed to monitor and control prompts, agent actions and model interactions across network, cloud and SASE environments. Management maintained its full-year 2026 outlook despite a back-end-loaded second half, citing a stronger fourth-quarter pipeline, and announced plans to hire about 300 go-to-market employees to support growth in 2027 while expanding its share-repurchase authorization by $2 billion.

Check Point Software Technologies released its Annual AI Security Report 2026, highlighting the emergence of fully autonomous AI-driven cyberattacks. The report warns that vulnerability windows are sharply compressed, giving defenders less time to identify and patch flaws. It signals that AI is moving from an assistive tool in cybercrime to a central decision maker in live attacks. The findings point to new enterprise security risks as malicious use of AI expands across attack types and targets.

Barclays analyst Saket Kalia says the enterprise capital expenditure shift that hurt IBM's software sales is a short-term positive for firewall vendors, compounded by an elevated threat environment from Mythos. IBM CEO Arvind Krishna noted clients abruptly moved quarterly capex toward servers, storage, and memory in late June to secure supply-constrained infrastructure ahead of expected price increases. Kalia's channel checks indicate enterprise buyers are aggressively purchasing firewalls to beat impending price hikes driven by rising input costs, benefiting companies like Fortinet, Palo Alto Networks, and Check Point Software. However, Kalia cautioned that this surge may represent pulled-forward demand, potentially creating difficult comparisons in future quarters. He also noted that urgent cybersecurity concerns, specifically the Mythos threat, are cannibalizing broader IT budgets, supporting security spending at the expense of other areas.

Check Point Software Technologies launched its Cloud Firewall on the new AWS European Sovereign Cloud on July 1, 2026, expanding its partnership with Amazon Web Services. The AWS European Sovereign Cloud is an EU-based cloud infrastructure designed to help European enterprises and governments meet strict operational autonomy and data residency mandates. The integration provides highly regulated organizations with prevention-first security and AI-powered threat intelligence across networks and applications.

Check Point Software Technologies announced an upcoming integration with Amazon Bedrock AgentCore to extend its security controls into agentic workflows. The integration will provide AI behavioral monitoring for destructive or misaligned actions, AI-native guardrails for prompt attacks and content moderation, and partner-specific detection signals such as prompt injection detection, sensitive data and DLP indicators, content inspection, and behavioral threat detection. These signals feed into AgentCore policy, which acts at the gateway outside the agent's reasoning loop, enabling deterministic, automated enforcement of allow-or-deny decisions for every agent action. Adam Ely, GM of AI Security at Check Point, said the integration helps organizations move beyond defining what agents are permitted to do and toward ensuring they do the right thing.