The cyber guardian's artificial intelligence (AI)-based strategy is resonating with consumers.Shares of Gen Digital (GEN +8.18%) climbed on Friday after the digital sentinel announced solid quarterly growth metrics and boosted its full-year profit forecast. By the close of trading, Gen's stock price was up more than 8%. Gen Digital's strong growth momentumGen's revenue jumped 26% year over year to $1.2 billion in its fiscal 2026 third quarter ended Jan. 2. With brands like Norton and LifeLock, the cybersecu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended January 2, 2026 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number 000-17781 Gen Digital Inc. (Exact name of the registrant as specified in its charter) | Delaware | | | | 77-0181864 | | --- | --- | ...

Key Takeaways Gen Digital posted Q3 non-GAAP EPS of $0.64 and revenues of $1.24B, beating estimates.GEN saw Trust-Based Solutions revenues surge 125% to $421M, while bookings climbed 27.4%.Gen Digital raised fiscal 2026 guidance, now forecasting $4.96-$4.98B in revenues and EPS of $2.54-$2.56.Gen Digital Inc. (GEN) reported third-quarter fiscal 2026 results, wherein both revenues and earnings beat the Zacks Consensus Estimate. Gen Digital reported non-GAAP earnings of 64 cents per share, which beat the Zack ...

Gen Digital (GEN) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.56 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +1.19%. A quarter ago, it was expected that this security software maker would post earnings of $0.61 per share when it actually produced earnings of $0.62, delivering a surprise of +1.64%.Over the last four quarters, t ...

Gen Digital (NasdaqGS:GEN) Q3 2026 Earnings call February 05, 2026 05:00 PM ET Company ParticipantsJason Starr - Head of Investor RelationsMeta Marshall - Managing DirectorNatalie Derse - CFORobert Coolbrith - VP of Internet Equity ResearchRoger Boyd - Executive DirectorSaket Kalia - Managing DirectorVincent Pilette - CEOConference Call ParticipantsJoseph Gallo - SVP and Software Research AnalystMatt Hedberg - Managing Director and Software Research AnalystOperatorGood afternoon, everyone. Thank you for sta ...

Financial Data and Key Metrics Changes - Q3 bookings reached $1.3 billion, up 27% year-over-year, and revenue was $1.2 billion, up 26% year-over-year [20][25] - Non-GAAP EPS increased by 14% year-over-year, reaching $0.64 [25][30] - Operating income was $629 million, translating to a 51% operating margin [25][27] Business Line Data and Key Metrics Changes - Cyber safety segment bookings grew 5% year-over-year, with revenue increasing by 3% [20][24] - MoneyLion experienced nearly 40% revenue growth in Q3, driven by strong customer demand for personal financial products [22][13] - LifeLock's monitored financial accounts grew double digits year-over-year to nearly 50 million [12][22] Market Data and Key Metrics Changes - The paid customer base increased to over 78 million, with 500,000 new cyber safety direct customers added [24][25] - Engine processed over 360 million inquiries annually, reflecting strong marketplace growth [16][22] Company Strategy and Development Direction - The company aims to build a trusted AI-powered platform focusing on cyber safety and financial wellness [4][11] - The introduction of the Agent Trust Hub and Norton Neo browser highlights the company's commitment to enhancing security in AI interactions [10][18] - The strategy emphasizes the convergence of identity threats and financial risks, positioning the company as a leader in both domains [11][12] Management's Comments on Operating Environment and Future Outlook - Management noted the increasing complexity of cyber threats, with scams evolving to exploit consumer behavior [6][8] - The company raised its revenue and EPS guidance for fiscal 2026, reflecting strong performance and momentum [29][30] - Management expressed confidence in the long-term growth potential driven by AI and the integration of MoneyLion [30][31] Other Important Information - The company generated $541 million in operating cash flow and $535 million in free cash flow during Q3 [27][28] - A quarterly cash dividend of $0.125 per common share was approved, reflecting the company's commitment to returning capital to shareholders [29][30] Q&A Session Summary Question: How is Gen addressing the trust consumers need in AI? - Management acknowledged the growing need for trust in AI and highlighted the launch of the Agent Trust Hub to validate AI agents and skills [33][36] Question: What is the status of MoneyLion's transition to subscriptions? - Management confirmed a cautious approach to transitioning MoneyLion towards subscriptions, with strong growth in personal financial offerings [39][40] Question: Can you elaborate on the Equifax partnership? - The partnership with Equifax aims to enhance consumer financial solutions and improve risk visibility, leveraging differentiated datasets [48][50] Question: What are the trends in first-party versus third-party products in the MoneyLion marketplace? - Management noted balanced growth in both first-party and third-party products, with strong performance in short-term lending [52][54] Question: What are the plans for capital deployment moving forward? - Management emphasized a balanced approach to capital deployment, focusing on dividends, debt paydown, and opportunistic share buybacks [76][78]

Gen Digital (NasdaqGS:GEN) Q3 2026 Earnings call February 05, 2026 05:00 PM ET Speaker5Good afternoon, everyone. Thank you for standing by. My name is Tamia, and I will be your conference operator today. Today's call is being recorded, and all lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. At this time, for opening remarks, I would like to pass the call over to Jason Starr, Head of Investor Relations.Speaker0Thank you ...

Q3 FY26 Earnings February 5, 2026 Forward-Looking Statements This presentation contains statements which may be considered forward-looking within the meaning of the U.S. federal securities laws. In some cases, you can identify these forward-looking statements by the use of terms such as "expect," "will," "continue," or similar expressions, and variations or negatives of these words, but the absence of these words does not mean that a statement is not forward-looking. All statements other than statements of ...

Antivirus software provider Gen Digital raised its annual revenue forecast for a third consecutive quarter on Thursday, signaling strong demand for its digital security services. ...

Financial Performance - Q3 FY26 revenue reached $1,240 million, representing a 26% increase year-over-year[5] - Operating income for Q3 FY26 was $433 million, up 16% compared to the previous year[5] - Diluted EPS for Q3 FY26 was $0.31, reflecting a 22% increase year-over-year[5] - Year-to-date operating cash flow reached $1,066 million, an increase of 43%[5] - The company reported a net income of $192 million for Q3 FY26, compared to $159 million in the same quarter last year[17] - Net income for the three months ended January 2, 2026, was $192 million, compared to $159 million for the same period in 2024, representing a 20.6% increase[19] - Total net revenues for the three months ended January 2, 2026, were $1,240 million, up from $986 million in the same period last year, reflecting a 25.7% growth[24] - Operating income (Non-GAAP) for the three months ended January 2, 2026, was $629 million, compared to $577 million in the prior year, indicating a 9% increase[20] Guidance and Projections - The company raised its FY26 revenue guidance to a range of $4.955 billion to $4.975 billion, up from the previous guidance of $4.920 billion to $4.970 billion[10] - Q4 FY26 revenue is expected to be between $1.24 billion and $1.26 billion[10] Cash Flow and Dividends - A quarterly cash dividend of $0.125 per common share has been approved, to be paid on March 11, 2026[6] - Free cash flow (Non-GAAP) for the nine months ended January 2, 2026, was $1,047 million, compared to $736 million for the same period in 2024, showing a 42.3% increase[22] - The company reported a net cash provided by operating activities of $1,066 million for the nine months ended January 2, 2026, compared to $748 million for the same period in 2024, a 42.5% increase[22] Bookings and Customer Metrics - Bookings for Q3 FY26 totaled $1,319 million, up 27% from the previous year[5] - Total bookings for the three months ended January 2, 2026, reached $1,319 million, compared to $1,035 million in the same period last year, marking a 27.5% increase[24] - Total paid customers increased to 78 million as of January 2, 2026, up from 67 million a year earlier, representing a 16.4% growth[24] Operating Metrics - Operating margin (Non-GAAP) for the three months ended January 2, 2026, was 50.7%, down from 58.5% in the same period last year[20] - Stock-based compensation expense for the three months ended January 2, 2026, was $52 million, compared to $33 million in the same period last year, reflecting a 57.6% increase[20] Acquisitions and Legal Matters - The company incurred $876 million in payments for acquisitions, net of cash acquired, during the nine months ended January 2, 2026[19] - The company incurred charges of $66 million related to a legal settlement with an e-commerce partner, which were charged off as G&A expense in fiscal 2025[33] Debt and Financial Reporting - The company extinguished its remaining convertible debt on August 15, 2022, and began amortizing debt issuance costs associated with senior credit facilities acquired during the acquisition of Avast in fiscal 2023[34] - The company excludes gains or losses on extinguishment of debt from non-GAAP results as they do not reflect ongoing business performance[35] - The company records unrealized and realized gains or losses on equity investments in privately-held companies but excludes these from ongoing business results[36] - The company uses a non-GAAP tax rate that excludes various discrete impacts to facilitate better evaluation of current operating performance[38] Operational Metrics Definitions - Bookings, defined as customer orders expected to generate future net revenues, are presented as an operational metric reflecting customer demand[40] - Free cash flow is defined as cash flows from operating activities less purchases of property and equipment, and is not a measure of financial condition under GAAP[41] Product Offerings - The Cyber Safety Platform includes security and privacy products that provide technology solutions for safe navigation in the digital world[43] - Trust-Based Solutions encompass identity, reputation, and financial wellness products, contributing to direct revenue through e-commerce and mobile channels[44] - Paid customers are defined as active users with at least one revenue-generating transaction, excluding free trial users, reflecting the dynamic nature of consumer engagement[46]