Gen Digital Inc. (GEN) Earnings History

Gen Digital Inc. - Q3 FY2026 EarningsBeat

Filed at: Feb 5, 2026, 4:05 PM EST|Read from source

EXECUTIVE SUMMARY

Gen Digital Inc. reported strong Q3 FY26 results with significant revenue and EPS growth, driven by its platform strategy and AI integration. The company raised its full-year guidance, reflecting confidence in its growth momentum and financial model.

POSITIVE HIGHLIGHTS

  • •

    Revenue increased 26% year-over-year to $1,240 million.

    positive
  • •

    Diluted EPS increased 22% year-over-year to $0.31 on a GAAP basis.

    positive
  • •

    Non-GAAP operating income increased 9% to $629 million, with a strong operating margin of 50.7%.

    positive
  • •

    Bookings increased 27% year-over-year to $1,319 million.

    positive
  • •

    Raised full-year FY26 revenue guidance to $4.955 billion - $4.975 billion.

    positive
  • •

    Raised full-year FY26 EPS guidance to $2.54 - $2.56.

    positive

CONCERNS & RISKS

  • •

    GAAP operating income increased 16% to $433 million, lagging revenue growth of 26%.

    attention
  • •

    GAAP net income increased 21% to $192 million, also lagging revenue growth.

    attention
  • •

    Non-GAAP operating margin decreased from 58.5% in the prior year period to 50.7% in the current period.

    attention
  • •

    Long-term debt increased from $7,968 million to $8,167 million.

    attention
  • •

    Cash, cash equivalents and restricted cash decreased from $1,006 million to $619 million.

    attention

FINANCIAL METRICS

Revenue
Quarterly
$1.24B
+26.0%
Prior year: $986.00M
Annual (YTD)
$3.72B
N/A
Prior year: $2.92B
Net Income
Quarterly
$192.00M
+20.8%
Prior year: $159.00M
Annual (YTD)
$461.00M
N/A
Prior year: $501.00M
EPS (Diluted)
Quarterly
$0.31
+19.2%
Prior year: $0.26
Operating Income
Quarterly
$433.00M
N/A
EPS (Basic)
Quarterly
$0.31
+19.2%
Prior year: $0.26

MARGIN ANALYSIS

Gross Margin
Current Quarter
78.4%
Prior Year
80.4%
YoY Change
-204 bps
Operating Margin
Current Quarter
34.9%
Prior Year
37.9%
YoY Change
-301 bps
Net Margin
Current Quarter
15.5%
Prior Year
16.1%
YoY Change
-64 bps

Margin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.

REVENUE BY SEGMENT — Q3 FY2026 2026

VISUAL OVERVIEW

|
Cyber Safety Platform
0.0%
N/A
Trust-Based Solutions
0.0%
N/A

DETAILED BREAKDOWN

|
SegmentCurrentPrior YrYoY% Total
Cyber Safety Platform
N/A———
Trust-Based Solutions
N/A———
Total Revenue$0.00M——100.0%

Segment performance shows business unit health and growth drivers.

MANAGEMENT GUIDANCE

Q4 2026

revenue
$1240000.0B—$1260000.0B
Mid-point: $1250000.0B
EPS
$0.64—$0.66
Mid-point: $0.65

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

MANAGEMENT COMMENTARY

Gen’s platform strategy is resonating, driven by uniting advanced intelligence and signals across security, identity, and financial wellness.

— Gen Digital Inc., Q3 FY2026 2026 Earnings Call

The company is delivering personalized protection and contextual recommendations for customers at the moments that matter most.

— Gen Digital Inc., Q3 FY2026 2026 Earnings Call

The strength of the financial model continues to generate substantial free cash flow, enabling investment in growth and innovation.

— Gen Digital Inc., Q3 FY2026 2026 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.

OPERATIONAL METRICS

Bookings
1319.0M
+27.4% YoY
Prior year: 1035.0M
Total Paid Customers
78.0M
+16.4% YoY
Prior year: 67.0M
customers

Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.