Check Point Software Files 2024 20-F Report
Ticker: CHKP · Form: 20-F · Filed: Mar 17, 2025 · CIK: 1015922
Sentiment: neutral
Topics: annual-report, financials, tax
Related Tickers: CPT
TL;DR
CPT's 2024 20-F is in: tax benefit up to $18.3M, details on expenses & assets.
AI Summary
Check Point Software Technologies Ltd. filed its annual 20-F report for the fiscal year ending December 31, 2024. The company, headquartered in Tel Aviv, Israel, with a US mailing address in San Carlos, CA, reported an unrecognized tax benefit of $18.3 million as of December 31, 2024, an increase from $17.0 million in the prior year. The filing also details various expense categories and asset classifications related to computer and office equipment.
Why It Matters
This annual filing provides investors and analysts with a comprehensive overview of Check Point's financial performance, operational details, and risk factors for the fiscal year 2024.
Risk Assessment
Risk Level: medium — The filing contains detailed financial information and disclosures, which are standard for a 20-F but require careful analysis to understand potential risks.
Key Numbers
- $18.3M — Unrecognized Tax Benefit (As of December 31, 2024, an increase from the prior year.)
- $17.0M — Unrecognized Tax Benefit (As of December 31, 2023.)
Key Players & Entities
- CHECK POINT SOFTWARE TECHNOLOGIES LTD (company) — Filer of the 20-F report
- 0001015922 (company) — Central Index Key for Check Point Software Technologies Ltd.
- Tel Aviv, Israel (location) — Company headquarters
- San Carlos, CA (location) — Company's US mailing address
- $18.3 million (dollar_amount) — Unrecognized tax benefit as of December 31, 2024
- $17.0 million (dollar_amount) — Unrecognized tax benefit as of December 31, 2023
FAQ
What is the total unrecognized tax benefit reported by Check Point Software Technologies Ltd. as of December 31, 2024?
The company reported an unrecognized tax benefit of $18.3 million as of December 31, 2024.
How does the unrecognized tax benefit on December 31, 2024, compare to the previous year?
The unrecognized tax benefit increased to $18.3 million on December 31, 2024, from $17.0 million on December 31, 2023.
Where is Check Point Software Technologies Ltd. headquartered?
The company is headquartered at 5 Ha'Solelim Street, Tel Aviv, Israel.
What is the US mailing address for Check Point Software Technologies Ltd.?
The US mailing address is 959 Skyway Road, Suite 300, San Carlos, CA 94070.
What is the fiscal year end for Check Point Software Technologies Ltd.?
The fiscal year end is December 31.
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on March 17, 2025 regarding CHECK POINT SOFTWARE TECHNOLOGIES LTD (CHKP).