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Side-by-side financial comparison of CHECK POINT SOFTWARE TECHNOLOGIES LTD (CHKP) and Simon Property Group (SPG). Click either name above to swap in a different company.

CHECK POINT SOFTWARE TECHNOLOGIES LTD is the larger business by last-quarter revenue ($2.0B vs $1.8B, roughly 1.1× Simon Property Group). Simon Property Group runs the higher net margin — 197.6% vs 38.0%, a 159.6% gap on every dollar of revenue. Simon Property Group produced more free cash flow last quarter ($948.8M vs $895.5M).

Check Point Software Technologies is an Israeli cybersecurity company with operations in over 60 countries. Its headquarters are located in Tel Aviv, Israel, and the company maintains a significant presence in Redwood City, California, United States. The company protects over 100,000 organizations globally and is home to the Check Point Research team. It is a partner organization of the World Economic Forum.

Simon Media Properties, LLC, doing business as Simon Property Group, Inc., is an American real estate investment trust that invests in shopping malls, outlet centers, and community/lifestyle centers. It is the largest owner of shopping malls in the United States and is headquartered in Indianapolis, Indiana. As of December 31, 2024, it owned interests in 232 properties.

CHKP vs SPG — Head-to-Head

Bigger by revenue
CHKP
CHKP
1.1× larger
CHKP
$2.0B
$1.8B
SPG
Higher net margin
SPG
SPG
159.6% more per $
SPG
197.6%
38.0%
CHKP
More free cash flow
SPG
SPG
$53.3M more FCF
SPG
$948.8M
$895.5M
CHKP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
CHKP
CHKP
SPG
SPG
Revenue
$2.0B
$1.8B
Net Profit
$752.4M
$3.5B
Gross Margin
86.7%
Operating Margin
30.2%
49.7%
Net Margin
38.0%
197.6%
Revenue YoY
13.2%
Net Profit YoY
358.7%
EPS (diluted)
$6.81
$9.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHKP
CHKP
SPG
SPG
Q4 25
$1.8B
Q3 25
$2.0B
$1.6B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.4B
Net Profit
CHKP
CHKP
SPG
SPG
Q4 25
$3.5B
Q3 25
$752.4M
$702.7M
Q2 25
$643.7M
Q1 25
$477.9M
Q4 24
$771.8M
Q3 24
$546.7M
Q2 24
$569.4M
Q1 24
$841.2M
Gross Margin
CHKP
CHKP
SPG
SPG
Q4 25
Q3 25
86.7%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
CHKP
CHKP
SPG
SPG
Q4 25
49.7%
Q3 25
30.2%
50.8%
Q2 25
49.7%
Q1 25
49.4%
Q4 24
52.8%
Q3 24
51.9%
Q2 24
51.7%
Q1 24
51.0%
Net Margin
CHKP
CHKP
SPG
SPG
Q4 25
197.6%
Q3 25
38.0%
43.9%
Q2 25
43.0%
Q1 25
32.4%
Q4 24
48.8%
Q3 24
36.9%
Q2 24
39.0%
Q1 24
58.3%
EPS (diluted)
CHKP
CHKP
SPG
SPG
Q4 25
$9.34
Q3 25
$6.81
$1.86
Q2 25
$1.70
Q1 25
$1.27
Q4 24
$2.04
Q3 24
$1.46
Q2 24
$1.51
Q1 24
$2.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHKP
CHKP
SPG
SPG
Cash + ST InvestmentsLiquidity on hand
$619.9M
$823.1M
Total DebtLower is stronger
$28.4B
Stockholders' EquityBook value
$3.1B
$5.2B
Total Assets
$5.7B
$40.6B
Debt / EquityLower = less leverage
5.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHKP
CHKP
SPG
SPG
Q4 25
$823.1M
Q3 25
$619.9M
$1.6B
Q2 25
$1.2B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$2.5B
Q2 24
$2.5B
Q1 24
$2.6B
Total Debt
CHKP
CHKP
SPG
SPG
Q4 25
$28.4B
Q3 25
$25.8B
Q2 25
$25.4B
Q1 25
$24.8B
Q4 24
$24.3B
Q3 24
$25.4B
Q2 24
$25.3B
Q1 24
$25.5B
Stockholders' Equity
CHKP
CHKP
SPG
SPG
Q4 25
$5.2B
Q3 25
$3.1B
$2.3B
Q2 25
$2.5B
Q1 25
$2.6B
Q4 24
$2.9B
Q3 24
$2.7B
Q2 24
$2.9B
Q1 24
$3.1B
Total Assets
CHKP
CHKP
SPG
SPG
Q4 25
$40.6B
Q3 25
$5.7B
$33.6B
Q2 25
$33.3B
Q1 25
$32.5B
Q4 24
$32.4B
Q3 24
$33.3B
Q2 24
$33.4B
Q1 24
$33.7B
Debt / Equity
CHKP
CHKP
SPG
SPG
Q4 25
5.46×
Q3 25
10.98×
Q2 25
10.36×
Q1 25
9.50×
Q4 24
8.25×
Q3 24
9.37×
Q2 24
8.59×
Q1 24
8.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHKP
CHKP
SPG
SPG
Operating Cash FlowLast quarter
$914.9M
$1.2B
Free Cash FlowOCF − Capex
$895.5M
$948.8M
FCF MarginFCF / Revenue
45.2%
53.0%
Capex IntensityCapex / Revenue
1.0%
14.2%
Cash ConversionOCF / Net Profit
1.22×
0.34×
TTM Free Cash FlowTrailing 4 quarters
$3.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHKP
CHKP
SPG
SPG
Q4 25
$1.2B
Q3 25
$914.9M
$890.3M
Q2 25
$1.2B
Q1 25
$827.2M
Q4 24
$1.1B
Q3 24
$892.9M
Q2 24
$1.1B
Q1 24
$773.1M
Free Cash Flow
CHKP
CHKP
SPG
SPG
Q4 25
$948.8M
Q3 25
$895.5M
$685.0M
Q2 25
$971.3M
Q1 25
$597.0M
Q4 24
$867.7M
Q3 24
$706.5M
Q2 24
$874.8M
Q1 24
$610.1M
FCF Margin
CHKP
CHKP
SPG
SPG
Q4 25
53.0%
Q3 25
45.2%
42.8%
Q2 25
64.8%
Q1 25
40.5%
Q4 24
54.8%
Q3 24
47.7%
Q2 24
60.0%
Q1 24
42.3%
Capex Intensity
CHKP
CHKP
SPG
SPG
Q4 25
14.2%
Q3 25
1.0%
12.8%
Q2 25
16.3%
Q1 25
15.6%
Q4 24
13.8%
Q3 24
12.6%
Q2 24
12.9%
Q1 24
11.3%
Cash Conversion
CHKP
CHKP
SPG
SPG
Q4 25
0.34×
Q3 25
1.22×
1.27×
Q2 25
1.89×
Q1 25
1.73×
Q4 24
1.41×
Q3 24
1.63×
Q2 24
1.87×
Q1 24
0.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHKP
CHKP

Security subscriptions$812.0M41%
Software updates and maintenance$712.0M36%
Products and licenses$337.3M17%
Other$119.2M6%

SPG
SPG

Real Estate Segment$1.7B95%
Other$86.3M5%

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