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Gen Digital (GEN) investor relations material

Gen Digital Barclays 23rd Annual Global Technology Conference summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Barclays 23rd Annual Global Technology Conference summary10 Dec, 2025

Business overview and strategic direction

  • Positioned as a leading consumer cybersafety provider with 77 million paid customers and 200 million active users, leveraging brands like Norton, Avast, LifeLock, and Moneyline.

  • Strategy expanded from device security to user-centric digital footprint protection, now integrating financial wellness as a core offering.

  • Acquisition of Moneyline accelerated the move into embedded financial wellness, targeting consumer needs for financial management and security.

  • Financial wellness and cybersafety are expected to become symbiotic, with future offerings blending both areas for consumers.

  • White-label modular architecture enables scalable integration of new features and brands, supporting rapid innovation.

Financial performance and growth

  • Achieved 25%-27% growth in bookings and revenue in Q2, with strong free cash flow and high margins.

  • Eight consecutive quarters of double-digit EPS growth, with EPS outpacing revenue growth.

  • Core business maintained 4%-5% growth for four straight quarters, excluding Moneyline.

  • Moneyline grew nearly 50% in its first two quarters post-acquisition, with the Engine marketplace growing over 50% for three quarters.

  • Operating margins at 51%, with Moneyline's margin improving from 14%-15% to 20%-22% post-integration.

Moneyline integration and marketplace strategy

  • Moneyline's platform combines first-party PFM tools and a technology-driven embedded marketplace (Engine) for financial products.

  • Marketplace now represents about 60% of Moneyline's business, outpacing PFM tools, and is being embedded in both proprietary and third-party apps.

  • Cross-selling opportunities are expanding, leveraging a captive base of 77 million paid customers for high-margin transactions.

  • The Engine enables a full ecosystem of first- and third-party offerings, using AI to match consumer needs and personalize experiences.

  • Marketplace expansion includes non-financial products, increasing data insights and innovation potential.

MoneyLion's sustainable growth rate
MoneyLion revenue synergy execution
How will financial wellness integrate with core offerings
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Frequently asked questions

Gen Digital

Gen Digital Inc. is a Czech-American company with multinational operations providing various software and services within cybersecurity. This is done through several subsidiaries providing antivirus software and other related services. Among Gen Digital’s portfolio one finds brands such as Norton, Avast, LifeLock, and several other well-established players within the antivirus sector. The company is headquartered in Prague, Czech Republic, as well as in Tempe, Arizona. Its shares are traded on the Nasdaq.

Symantec

What would later go on to become Gen Digital was founded in 1982 by Gary Hendrix, and initially focused on artificial intelligence-related projects, Symantec shifted towards software development, gaining prominence with its Norton antivirus product line. Over the years, the company expanded through acquisitions, enhancing its portfolio in areas like storage, backup, and cybersecurity solutions. In 2016 Symantec sold its subsidiary focused on information management to The Carlyle Group, and in 2019 Broadcom acquired the company’s Enterprise Security division and Symantec changed its name to NortonLifeLock. In 2022 it merged with Avast, and the new company that emerged was named Gen Digital.

Robust Cybersecurity

Gen Digital provides a wide array of services through its subsidiaries. The company specializes in comprehensive antivirus solutions, designed to protect against various forms of malware, including viruses, spyware, and ransomware. Additionally, Gen Digital offers advanced internet security services, which encompass real-time threat detection and proactive defense mechanisms against cyber threats.

Another significant aspect of their services includes identity protection features. These are aimed at safeguarding personal and financial information, particularly vital in an era of increasing online transactions and identity theft risks. The company also provides VPN (Virtual Private Network) services, enhancing online privacy and security for users by encrypting internet connections and masking IP addresses.

For businesses, Gen Digital's offerings include endpoint security solutions, ensuring that devices connected to a company's network are secure and compliant with cybersecurity policies. Gen Digital also offers various cloud security services.

Subsidiaries

As previously mentioned, Gen Digital operates through a network of subsidiary brands, each specializing in different aspects of cybersecurity and digital protection. Some of the most recognizable brands in the company’s portfolio include the brands mentioned in the introduction to this article, as well as CCleaner, AVG, and several others.

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