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GEN

Gen Digital Inc.

GEN

Gen Digital Inc. • NASDAQ
$26.37 ▲ 0.50% (+0.13)
Market Cap $16.26 B
52w High $32.22
52w Low $22.74
Dividend Yield 0.50%
P/E 28.98
Volume 1.44M
Outstanding Shares 616.54M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2026 $1.22B ▼ $516M ▼ $134M ▼ 10.984% ▲ $0.22 $504M ▼
Q1-2026 $1.257B ▲ $544M ▲ $135M ▼ 10.74% ▼ $0.22 ▼ $579M ▲
Q4-2025 $1.01B ▲ $394M ▼ $142M ▼ 14.059% ▼ $0.23 ▼ $526M ▲
Q3-2025 $986M ▲ $419M ▲ $159M ▼ 16.126% ▼ $0.26 $453M ▼
Q2-2025 $974M $378M $161M 16.53% $0.26 $512M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2026 $691M ▼ $16.051B ▼ $13.594B ▼ $2.457B ▲
Q1-2026 $820M ▼ $16.36B ▲ $13.995B ▲ $2.365B ▲
Q4-2025 $1.006B ▲ $15.495B ▲ $13.226B ▲ $2.269B ▲
Q3-2025 $883M ▲ $15.363B ▼ $13.212B ▼ $2.151B ▲
Q2-2025 $737M $15.471B $13.373B $2.098B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2026 $134M ▼ $116M ▼ $-7M ▲ $-242M ▼ $-127M ▲ $107M ▼
Q1-2026 $135M ▼ $409M ▼ $-873M ▼ $290M ▲ $-178M ▼ $405M ▼
Q4-2025 $142M ▼ $473M ▲ $-83M ▼ $-296M ▼ $123M ▼ $470M ▲
Q3-2025 $159M ▼ $326M ▲ $-7M ▲ $-136M ▼ $146M ▲ $318M ▲
Q2-2025 $161M $158M $-8M $-72M $93M $156M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Cyber Safety Revenues
Cyber Safety Revenues
 $950.00M ▲$960.00M ▲$970.00M ▲$1.00Bn ▲
Legacy
Legacy
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown steadily over the past several years, and the core business appears quite profitable, with healthy margins from gross profit down through operating income. Operating performance has generally improved as the company has scaled, although net income and earnings per share have been more uneven, likely reflecting merger-related items, amortization of acquired intangibles, and higher interest on debt. In simple terms, the underlying business looks solid and efficient, but the bottom line has been a bit bumpy due to one‑off and financial structure effects rather than day‑to‑day operations.

Balance Sheet

Balance Sheet The balance sheet shows a business built largely through acquisitions, with a big step‑up in total assets and debt after the NortonLifeLock–Avast combination and subsequent deals. Debt levels are substantial relative to the company’s equity, which only recently moved from negative to positive, suggesting a leveraged but improving capital structure. Cash on hand is reasonable but not excessive, so the company has some financial flexibility but not a large safety buffer. Overall, the balance sheet supports growth but carries meaningful leverage risk that depends on continued strong cash generation.

Cash Flow

Cash Flow Cash generation is a clear strength. The company regularly produces solid operating cash flow and free cash flow, with only modest spending on capital investments thanks to its asset‑light, software‑driven model. There was one standout year with unusually strong cash inflows, but even outside that, cash performance has been consistently positive. This steady free cash flow helps service debt, fund acquisitions, and invest in innovation, though investors should note that working capital and integration activities can cause year‑to‑year swings.

Competitive Edge

Competitive Edge Gen Digital holds a strong position in consumer cyber safety, anchored by well‑known brands like Norton, Avast, LifeLock, Avira, and AVG. Its huge global user base gives it scale advantages, recurring subscription revenue, and a rich data set that enhances its threat detection capabilities. Bundled offerings that combine device security, identity protection, and related services deepen customer relationships and support cross‑selling. However, the company faces intense competition from big platform providers that embed security features directly into operating systems, as well as a crowded field of other cybersecurity and fintech players. Maintaining clear differentiation and perceived superior protection is critical to defending its position.

Innovation and R&D

Innovation and R&D Innovation is centered on deep integration of artificial intelligence and machine learning across the product suite. Tools like Norton Genie, AI‑native browsing protection, and real‑time scam and phishing detection highlight a strong focus on proactive, intelligent protection. The large user base provides a powerful training ground for these models, reinforcing a data‑driven moat. At the same time, the move into financial wellness through MoneyLion marks a strategic stretch from pure cybersecurity into broader “digital life” and financial management services. This opens new growth avenues and cross‑selling, but also adds execution risk, regulatory complexity, and the challenge of keeping focus across both cyber safety and fintech innovation.

Summary

Gen Digital combines a profitable, subscription‑based cyber safety business with a growing set of identity and financial wellness services. The income statement shows a fundamentally strong operation with expanding revenue and robust margins, although reported earnings are somewhat noisy due to acquisitions and financing costs. The balance sheet reflects a leveraged roll‑up strategy—improving, but still reliant on ongoing healthy cash flows to comfortably manage debt. Cash flow performance is a key strength, consistently supporting investment and integration efforts. Competitively, the company benefits from trusted brands, scale, and a broad, integrated product portfolio, but must continually out‑innovate large platform providers and specialized rivals. Its AI‑driven approach and expansion into financial wellness could meaningfully enhance its long‑term opportunity set, provided integration is executed well and financial discipline around leverage is maintained.

NEWS

November 12, 2025 · 1:00 AM UTC

Avast Brings AI-powered Scam Defense to Mobile

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November 6, 2025 · 4:05 PM UTC

Gen Extends Market Leadership with Record Results in Q2 FY26

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November 4, 2025 · 9:00 AM UTC

Holiday Stress Driving Americans to Spend More, Increase Borrowing, and Pick Up Extra Jobs, New MoneyLion Survey Finds

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November 3, 2025 · 9:00 AM UTC

Norton Expands AI-Powered Scam Protection Features Globally

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October 28, 2025 · 9:00 AM UTC

Trust is Under Attack: AI and Automation Fuel a New Wave of Targeted Cybercrime

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