#US #Cyber Safety #Tempe #Gen Digital #Digital Freedom

Gen Digital Inc. Reports Record Revenue Growth for FY26

Gen Digital Inc. (NASDAQ: GEN), recognized globally for empowering Digital Freedom, has announced that it surpassed $5 billion in revenue during the fiscal year 2026, marking a spectacular 27% increase compared to the previous year. This growth trajectory underscores a robust demand for its Cyber Safety Platform and innovative financial wellness solutions.

Vincent Pilette, CEO of Gen, described FY26 as a pivotal year, highlighting the company’s evolving capabilities in an era dominated by agentic AI. He expressed confidence that the interconnection of cyber safety and financial wellness would provide a unique positioning for Gen's offerings. The momentum of growth, according to Pilette, situates Gen in a favorable position as they advance into fiscal year 2027.

Financial Highlights

The financial highlights for fiscal year 2026 reflect promising results:

• - Revenue reached $5 billion, reflecting a 27% year-over-year growth.
• - Operating income soared to $2.12 billion, up 32%.
• - The diluted earnings per share (EPS) stood at $1.57, indicating a remarkable 53% increase.
• - Operating cash flow reached a robust $1.545 billion, further emphasizing the strong financial position of the company.

In the fourth quarter of FY26 alone, Gen showcased an impressive performance:

• - Revenue amounted to $1.283 billion, marking a 27% increase.
• - Operating income rose significantly by 93% to $803 million.
• - The diluted EPS jumped 269% to $0.84, showcasing substantial profitability in the quarter.

According to Natalie Derse, CFO of Gen, the strong fourth quarter results were driven by a combination of healthy demand for their Cyber Safety Platform and effective operational execution across the business segments. Derse noted that this fiscal year end result not only surpassed initial guidance but also provided the foundation for increased expectations going forward.

FY27 Guidance

Looking ahead to FY27, Gen has revised its revenue guidance, forecasting revenue between $5.325 billion and $5.425 billion. The projected EPS for the upcoming fiscal year is expected to be in the range of $2.85 to $2.95. This upward revision speaks volumes about the company’s confidence in sustaining its growth trajectory.

Additionally, the quarterly cash dividend of $0.125 per common share will be distributed on June 10, 2026, rewarding shareholders who hold on record before May 18, 2026.

With a strong consumer brand portfolio including Norton, Avast, and LifeLock amongst others, Gen Digital has established itself as a frontrunner in providing innovative solutions for cyber safety and financial wellness.

Conclusion

The results from Gen Digital not only demonstrate solid financial performance but also exhibit their commitment to enhancing the security and financial wellbeing of their users across more than 150 countries. With ambitious targets for FY27 and beyond, the path forward appears promising for Gen as they continue to innovate and expand within the digital landscape.