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Gen Digital (GEN) investor relations material
Gen Digital Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record Q2 FY26 revenue of $1.22 billion, up 25% year-over-year, with strong growth in both Cyber Safety and Trust-Based Solutions, including significant contributions from the MoneyLion acquisition.
Non-GAAP EPS grew 15% year-over-year to $0.62, marking the eighth consecutive quarter of double-digit EPS growth.
Paid customers increased to 77 million, up 10 million year-over-year, reflecting robust customer expansion.
MoneyLion fintech business grew 50%, with integration ahead of plan, driving revenue synergies and innovation.
Expanded into secure financial wellness, leveraging an AI-powered platform integrating security, privacy, identity, and financial wellness.
Financial highlights
Q2 revenue grew 25% year-over-year to $1.22 billion; bookings up 27% to $1,222 million.
Non-GAAP operating income was $623 million (51% margin); GAAP operating income $438 million; net income $387 million (non-GAAP) and $134 million (GAAP).
Free cash flow year-to-date was $512 million; cash and equivalents at quarter-end: $701 million; liquidity over $2.2 billion.
Direct revenue grew 17% to $1,010 million; partner revenue surged 88% to $210 million.
Gross margin was 84% (non-GAAP) and 78% (GAAP); non-GAAP operating margin above 50%.
Outlook and guidance
FY26 revenue guidance raised to $4.92–$4.97 billion (25–26% growth); non-GAAP EPS guidance raised to $2.51–$2.56.
Q3 FY26 revenue expected at $1.22–$1.24 billion; non-GAAP EPS at $0.62–$0.64.
Guidance assumes high single-digit pro forma growth and continued disciplined cost management.
Management remains confident in long-term business health and product strength despite macroeconomic uncertainty.
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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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