Check Point jumps as Q1 EPS beats, subscriptions accelerate, CRO change takes effect
Check Point Software Technologies shares rose about 3% on May 1, 2026, as investors digested Q1 2026 results released April 30 showing 5% revenue growth to $668.4 million and non-GAAP EPS of $2.50. The company also reaffirmed near-term outlook and highlighted commercial execution changes, including a new Chief Revenue Officer effective May 1, 2026.
1) What’s moving the stock today
Check Point Software Technologies (CHKP) is trading higher on May 1, 2026, as markets react to the company’s April 30 release of first-quarter 2026 results and updated forward outlook. The report highlighted continued revenue growth, a non-GAAP earnings beat, and strong cash generation—items that often drive short-term re-rating in large-cap cybersecurity names after earnings season. (checkpoint.com)
2) The key numbers investors are focusing on
For Q1 2026, Check Point reported total revenue of $668.4 million (about 5% year-over-year growth) and non-GAAP EPS of $2.50. Security subscription revenue grew 11% year over year to $323 million, reinforcing the company’s push toward more recurring revenue streams. (checkpoint.com)
3) Outlook and execution signals
On the call, Check Point guided Q2 2026 revenue to $660 million–$690 million and non-GAAP EPS to $2.40–$2.50, while also pointing to timing-related impacts in cash flow across quarters. The company also underscored go-to-market changes, including a commercial leadership update with Sherif Seddik taking over as Chief Revenue Officer effective May 1, 2026—an execution-focused signal investors may view as a catalyst for improving growth trajectory. (fool.com)