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Side-by-side financial comparison of CHECK POINT SOFTWARE TECHNOLOGIES LTD (CHKP) and Tyler Technologies (TYL). 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 $575.2M, roughly 3.4× Tyler Technologies). CHECK POINT SOFTWARE TECHNOLOGIES LTD runs the higher net margin — 38.0% vs 11.4%, a 26.6% gap on every dollar of revenue. CHECK POINT SOFTWARE TECHNOLOGIES LTD produced more free cash flow last quarter ($895.5M vs $239.6M).
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.
Tyler Technologies, Inc. is an American technology company based in Plano, Texas, that provides proprietary software to the U.S. public sector. Tyler Technologies has offices in 17 states and one in Toronto, Ontario, Canada.
CHKP vs TYL — Head-to-Head
Income Statement — Q3 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $2.0B | $575.2M |
| Net Profit | $752.4M | $65.5M |
| Gross Margin | 86.7% | 45.5% |
| Operating Margin | 30.2% | 13.0% |
| Net Margin | 38.0% | 11.4% |
| Revenue YoY | — | 6.3% |
| Net Profit YoY | — | 0.5% |
| EPS (diluted) | $6.81 | $1.50 |
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.
| Q4 25 | — | $575.2M | ||
| Q3 25 | $2.0B | $595.9M | ||
| Q2 25 | — | $596.1M | ||
| Q1 25 | — | $565.2M | ||
| Q4 24 | — | $541.1M | ||
| Q3 24 | — | $543.3M | ||
| Q2 24 | — | $541.0M | ||
| Q1 24 | — | $512.4M |
| Q4 25 | — | $65.5M | ||
| Q3 25 | $752.4M | $84.4M | ||
| Q2 25 | — | $84.6M | ||
| Q1 25 | — | $81.1M | ||
| Q4 24 | — | $65.2M | ||
| Q3 24 | — | $75.9M | ||
| Q2 24 | — | $67.7M | ||
| Q1 24 | — | $54.2M |
| Q4 25 | — | 45.5% | ||
| Q3 25 | 86.7% | 47.2% | ||
| Q2 25 | — | 45.8% | ||
| Q1 25 | — | 47.3% | ||
| Q4 24 | — | 43.8% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 44.0% | ||
| Q1 24 | — | 43.7% |
| Q4 25 | — | 13.0% | ||
| Q3 25 | 30.2% | 16.4% | ||
| Q2 25 | — | 16.0% | ||
| Q1 25 | — | 15.8% | ||
| Q4 24 | — | 13.2% | ||
| Q3 24 | — | 15.2% | ||
| Q2 24 | — | 14.4% | ||
| Q1 24 | — | 13.1% |
| Q4 25 | — | 11.4% | ||
| Q3 25 | 38.0% | 14.2% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 14.3% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | — | 14.0% | ||
| Q2 24 | — | 12.5% | ||
| Q1 24 | — | 10.6% |
| Q4 25 | — | $1.50 | ||
| Q3 25 | $6.81 | $1.93 | ||
| Q2 25 | — | $1.93 | ||
| Q1 25 | — | $1.84 | ||
| Q4 24 | — | $1.48 | ||
| Q3 24 | — | $1.74 | ||
| Q2 24 | — | $1.57 | ||
| Q1 24 | — | $1.26 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $619.9M | $1.1B |
| Total DebtLower is stronger | — | $599.7M |
| Stockholders' EquityBook value | $3.1B | $3.7B |
| Total Assets | $5.7B | $5.6B |
| Debt / EquityLower = less leverage | — | 0.16× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.1B | ||
| Q3 25 | $619.9M | $950.8M | ||
| Q2 25 | — | $892.3M | ||
| Q1 25 | — | $807.4M | ||
| Q4 24 | — | $768.0M | ||
| Q3 24 | — | $544.3M | ||
| Q2 24 | — | $258.0M | ||
| Q1 24 | — | $196.9M |
| Q4 25 | — | $599.7M | ||
| Q3 25 | — | $599.2M | ||
| Q2 25 | — | $598.8M | ||
| Q1 25 | — | $598.4M | ||
| Q4 24 | — | $597.9M | ||
| Q3 24 | — | $597.5M | ||
| Q2 24 | — | $597.1M | ||
| Q1 24 | — | $596.6M |
| Q4 25 | — | $3.7B | ||
| Q3 25 | $3.1B | $3.6B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | — | $3.5B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.3B | ||
| Q2 24 | — | $3.1B | ||
| Q1 24 | — | $3.0B |
| Q4 25 | — | $5.6B | ||
| Q3 25 | $5.7B | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.2B | ||
| Q4 24 | — | $5.2B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | — | $4.8B | ||
| Q1 24 | — | $4.6B |
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.16× | ||
| Q1 25 | — | 0.17× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.19× | ||
| Q1 24 | — | 0.20× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $914.9M | $243.9M |
| Free Cash FlowOCF − Capex | $895.5M | $239.6M |
| FCF MarginFCF / Revenue | 45.2% | 41.7% |
| Capex IntensityCapex / Revenue | 1.0% | 0.8% |
| Cash ConversionOCF / Net Profit | 1.22× | 3.72× |
| TTM Free Cash FlowTrailing 4 quarters | — | $637.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $243.9M | ||
| Q3 25 | $914.9M | $255.2M | ||
| Q2 25 | — | $98.3M | ||
| Q1 25 | — | $56.2M | ||
| Q4 24 | — | $224.8M | ||
| Q3 24 | — | $263.7M | ||
| Q2 24 | — | $64.3M | ||
| Q1 24 | — | $71.8M |
| Q4 25 | — | $239.6M | ||
| Q3 25 | $895.5M | $251.3M | ||
| Q2 25 | — | $92.8M | ||
| Q1 25 | — | $53.8M | ||
| Q4 24 | — | $221.0M | ||
| Q3 24 | — | $260.8M | ||
| Q2 24 | — | $57.7M | ||
| Q1 24 | — | $64.6M |
| Q4 25 | — | 41.7% | ||
| Q3 25 | 45.2% | 42.2% | ||
| Q2 25 | — | 15.6% | ||
| Q1 25 | — | 9.5% | ||
| Q4 24 | — | 40.8% | ||
| Q3 24 | — | 48.0% | ||
| Q2 24 | — | 10.7% | ||
| Q1 24 | — | 12.6% |
| Q4 25 | — | 0.8% | ||
| Q3 25 | 1.0% | 0.7% | ||
| Q2 25 | — | 0.9% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 1.4% |
| Q4 25 | — | 3.72× | ||
| Q3 25 | 1.22× | 3.02× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 3.45× | ||
| Q3 24 | — | 3.47× | ||
| Q2 24 | — | 0.95× | ||
| Q1 24 | — | 1.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CHKP
| Security subscriptions | $812.0M | 41% |
| Software updates and maintenance | $712.0M | 36% |
| Products and licenses | $337.3M | 17% |
| Other | $119.2M | 6% |
TYL
| Saas Arrangements | $186.1M | 32% |
| Platform Technologies Segment | $143.3M | 25% |
| Maintenance | $109.4M | 19% |
| Professional Services | $55.3M | 10% |
| Nonrecurring Revenue | $51.3M | 9% |
| Other | $21.4M | 4% |
| Hardware And Other | $8.4M | 1% |