Gen Digital Inc.

GEN · NASDAQ · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989
Valuation
Market cap	$11,441	$16,289	$14,267	$10,967	$15,652	$12,616	$11,248	$14,656	$16,834	$18,960	$12,268	$16,095	$13,899	$17,146	$13,857	$14,424	$13,713	$12,415	$14,419	$16,618	$16,809	$14,091	–	$5,694	$5,968	$2,709	$4,347	$960	$1,512	$771	$654	$858	$460	$302	$1,037	$488	$134	$58
Enterprise value	$19,290	$23,598	$22,076	$20,036	$17,590	$15,358	$13,307	$17,065	$19,698	$22,890	$8,450	$14,331	$11,922	$15,490	$12,763	$14,126	$12,540	$12,523	$14,292	$15,730	$14,456	$10,885	–	$4,588	$5,193	$2,154	$3,917	$808	$1,388	$691	$627	$861	$463	$278	$1,015	$471	$120	$55
P/E (TTM) at period end	11.76×	25.33×	23.50×	8.22×	18.72×	22.77×	2.89×	472.78×	14.79×	–	4.93×	18.33×	15.48×	22.71×	11.67×	24.16×	19.21×	–	35.17×	41.09×	107.16×	26.28×	–	22.92×	–	42.36×	25.55×	19.12×	17.77×	29.67×	–	30.12×	–	–	55.48×	51.91×	20.00×	17.97×
P/S (TTM) at period end	2.29×	4.14×	3.75×	3.31×	5.60×	4.95×	4.52×	5.97×	3.48×	4.72×	3.41×	4.07×	2.08×	2.48×	2.06×	2.33×	2.29×	2.02×	2.45×	3.20×	4.06×	5.46×	–	4.05×	5.57×	3.17×	5.83×	1.51×	2.61×	1.63×	1.47×	2.56×	1.72×	1.47×	4.79×	4.20×	2.68×	1.44×
P/B at period end	4.38×	7.18×	6.67×	5.10×	–	–	1124.84×	2.55×	2.82×	5.44×	3.34×	2.71×	2.40×	3.13×	2.72×	3.19×	3.02×	2.99×	1.31×	1.43×	1.23×	3.80×	–	3.23×	4.52×	1.97×	7.03×	2.78×	4.76×	3.54×	3.62×	7.71×	5.75×	4.34×	13.72×	11.90×	6.29×	14.74×
EV / EBITDA (TTM)	7.38×	11.63×	13.84×	13.05×	15.36×	14.68×	18.59×	22.08×	40.53×	58.39×	12.61×	37.42×	31.37×	11.15×	7.25×	9.25×	7.53×	–	–	11.82×	16.11×	11.44×	–	10.49×	18.49×	9.35×	19.67×	5.62×	10.92×	10.13×	34.46×	15.14×	42.83×	30.25×	30.47×	27.56×	11.34×	–
EV / Sales (TTM)	3.86×	6.00×	5.81×	6.04×	6.29×	6.02×	5.34×	6.95×	4.07×	5.70×	2.35×	3.62×	1.79×	2.24×	1.90×	2.28×	2.10×	2.04×	2.43×	3.03×	3.49×	4.21×	–	3.26×	4.85×	2.52×	5.25×	1.27×	2.40×	1.46×	1.41×	2.57×	1.73×	1.35×	4.68×	4.05×	2.40×	1.38×
Returns
Return on equity	37.3%	28.3%	28.4%	62.0%	–	–	38870.0%	0.5%	19.1%	(3.0%)	67.7%	14.8%	15.5%	13.8%	23.3%	13.2%	15.7%	(163.6%)	3.7%	3.5%	1.1%	14.5%	15.3%	14.1%	(2.1%)	4.6%	27.5%	14.5%	26.8%	11.9%	(22.1%)	25.6%	(13.9%)	(16.5%)	24.7%	22.9%	31.5%	82.1%
Return on invested capital	13.1%	10.5%	11.2%	10.7%	44.4%	31.6%	11.6%	1.9%	(1.9%)	(1.2%)	–	3.0%	2.9%	21.4%	21.2%	17.6%	24.0%	(145.3%)	3.1%	2.9%	1.0%	19.6%	57.0%	35.4%	–	6.1%	52.3%	33.7%	39.5%	21.9%	(12.0%)	24.1%	(12.2%)	(8.4%)	34.6%	35.0%	83.2%	234.4%
Dividend yield	2.7%	1.9%	2.3%	2.9%	1.9%	3.0%	66.5%	1.5%	1.3%	1.2%	24.7%	2.6%	3.0%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Financial health
Current ratio	0.40×	0.51×	0.50×	0.43×	0.74×	0.72×	1.17×	0.85×	1.07×	1.15×	1.73×	1.22×	1.31×	1.15×	1.03×	0.92×	1.15×	0.94×	0.98×	1.23×	1.12×	2.17×	2.21×	2.22×	2.70×	1.89×	2.41×	1.46×	2.15×	2.19×	2.32×	2.12×	2.28×	2.41×	2.10×	2.30×	2.84×	2.17×
Debt / equity	3.14×	3.64×	4.02×	4.54×	(29.65×)	(7.20×)	422.10×	0.78×	0.84×	2.35×	0.60×	0.35×	0.36×	0.56×	0.40×	0.57×	0.41×	0.51×	0.21×	0.18×	0.04×	–	0.25×	0.34×	0.45×	0.00×	0.00×	0.00×	0.05×	0.07×	0.09×	0.23×	0.32×	0.39×	0.04×	0.06×	0.36×	0.44×
Effective tax rate	35.6%	37.5%	(35.8%)	(70.4%)	19.8%	20.2%	29.4%	(2.8%)	(295.1%)	9.9%	309.4%	(7.9%)	15.0%	25.0%	21.0%	14.4%	12.9%	(2.8%)	39.9%	36.0%	56.8%	37.5%	31.6%	31.7%	161.9%	54.6%	33.9%	39.7%	24.1%	14.2%	10.4%	25.8%	30.6%	33.1%	35.1%	34.3%	23.0%	23.8%
Share count
Diluted shares outstanding	619	624	642	624	591	600	643	632	668	618	670	696	704	711	748	786	819	831	884	983	1,026	738	719	683	574	546	498	474	482	443	419	334	236	188	194	160	107	80

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989
Revenue and gross profit
Revenue	$5,079	$5,000	$3,935	$3,800	$3,317	$2,796	$2,551	$2,490	$2,456	$4,834	$4,019	$3,600	$3,956	$6,676	$6,906	$6,730	$6,190	$5,985	$6,150	$5,874	$5,199	$4,143	$2,583	$1,870	$1,407	$1,071	$854	$746	$634	$578	$472	$445	$335	$268	$206	$217	$116	$50	$40
Cost of revenue	($1,117)	($1,077)	($776)	($731)	($589)	($408)	($362)	($393)	($455)	($463)	($853)	($615)	($727)	($791)	($1,175)	($1,082)	($1,045)	($1,105)	($1,227)	($1,220)	($1,216)	($982)	($403)	($328)	($250)	($195)	($92)	($89)	($67)	($61)	($60)	($70)	($41)	($35)	($38)	($49)	($20)	($7)	($7)
Gross profit	$3,962	$3,923	$3,159	$3,069	$2,728	$2,388	$2,189	$2,097	$2,001	$2,096	$3,166	$2,985	$3,229	$3,392	$5,731	$5,648	$5,145	$4,880	$4,923	$4,654	$3,984	$3,162	$2,180	$1,543	$1,157	$877	$762	$656	$567	$518	$412	$375	$294	$233	$168	$168	$96	$43	$32
Operating expenses
Research and development	($418)	($409)	($329)	($332)	($313)	($253)	($267)	($328)	($420)	($455)	($823)	($748)	($812)	($722)	($1,026)	($969)	($862)	($857)	($870)	($895)	($867)	($665)	($332)	($252)	($197)	($164)	($127)	($108)	($102)	($91)	($89)	($95)	($63)	–	–	–	–	–	–
Selling, general and administrative	($246)	($1,141)	($291)	($604)	($286)	($392)	($215)	($368)	($410)	($487)	($564)	($295)	($362)	($420)	($447)	($437)	($390)	($352)	($343)	($348)	($2,324)	($1,746)	($959)	($755)	($599)	($482)	($395)	($349)	($322)	($299)	($255)	($262)	($174)	($222)	($159)	($134)	($79)	($32)	($26)
Total operating expenses	($1,845)	($1,803)	($1,549)	($1,959)	($1,522)	($1,383)	($1,293)	($1,742)	($1,843)	($2,250)	($3,266)	($2,528)	($3,075)	($3,248)	($4,625)	($4,544)	($4,265)	($3,947)	($11,393)	($4,052)	($3,464)	($2,888)	($1,360)	($1,029)	($815)	($869)	($652)	($508)	($460)	($417)	($377)	($396)	($257)	($248)	($174)	($140)	($83)	($35)	($28)
Total costs and expenses	($2,962)	($2,880)	($2,325)	($2,690)	($2,111)	($1,791)	($1,655)	($2,135)	($2,298)	($4,988)	($4,119)	($3,143)	($3,802)	($6,532)	($5,800)	($5,626)	($5,310)	($5,052)	($12,620)	($5,272)	($4,680)	($3,869)	($1,764)	($1,357)	($1,065)	($1,063)	($744)	($597)	($526)	($478)	($437)	($466)	($298)	($282)	($212)	($188)	($103)	($42)	($36)
Operating income	$2,117	$2,120	$1,610	$1,110	$1,206	$1,005	$896	$355	$158	($154)	($100)	$457	$154	$144	$1,106	$1,104	$880	$933	($6,470)	$602	$520	$274	$819	$514	$342	$8	$110	$149	$108	$100	$35	($21)	$37	($14)	($6)	$28	$13	$8	$4
Earnings
EBITDA	$2,610	$2,613	$2,029	$1,595	$1,535	$1,145	$1,046	$716	$773	$486	$392	$670	$383	$380	$1,389	$1,760	$1,527	$1,666	($5,634)	($222)	$1,331	$898	$951	$631	$437	$281	$230	$199	$144	$127	$68	$18	$57	$11	$9	$33	$17	$11	–
Interest income	–	$25	$28	$25	$15	–	$4	$80	$42	$24	$21	$10	$12	$12	$12	$13	$10	$6	$37	$77	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest expense	($537)	($569)	($578)	($669)	($401)	($126)	($144)	($196)	($208)	($256)	($208)	($75)	($78)	($84)	($139)	($115)	($143)	($129)	($125)	($119)	($13)	($565)	($26)	–	($4)	–	($55)	–	($47)	–	($8)	($46)	–	($3)	($23)	–	–	–	–
Pre-tax income	$1,534	$1,511	$1,029	$447	$783	$1,042	$872	$819	($107)	$244	($262)	$392	$101	$107	$1,006	$1,470	$729	$865	($6,550)	$623	$632	$363	$858	$542	$364	$45	$141	$257	$83	$112	$30	($44)	$38	($16)	($17)	$29	$14	$9	$4
Income tax expense	($481)	($538)	($386)	$160	$551	($206)	($176)	($241)	($3)	$720	$26	($1,213)	$8	($16)	($251)	($308)	($105)	($112)	($183)	($249)	($227)	($206)	($322)	($172)	($115)	($74)	($77)	($87)	($33)	($27)	($4)	$5	($10)	$5	$6	($10)	($5)	($2)	($1)
Net income	$1,053	$973	$643	$607	$1,334	$836	$554	$3,887	$31	$1,138	($106)	$2,488	$878	$898	$755	$1,187	$597	$714	($6,786)	$410	$404	$157	$536	$371	$248	($28)	$64	$170	$50	$85	$26	($40)	$28	($11)	($12)	$19	$9	$7	$3
Per share
Diluted EPS (GAAP)	$1.72	$1.57	$1.03	$0.95	$2.14	$1.41	$0.92	$6.05	$0.05	$1.70	($0.17)	$3.71	$1.26	$1.28	$1.06	$1.59	$0.76	$0.87	($8.17)	$0.46	$0.41	$0.15	$0.73	$0.52	$0.36	($0.049)	$0.12	$0.34	$0.11	$0.18	$0.0588	($0.095)	$0.0854	($0.047)	($0.0613)	$0.0963	$0.0588	$0.0625	$0.04
Basic EPS (GAAP)	$1.74	$1.59	$1.04	$0.95	$2.17	$1.44	$0.94	$6.32	$0.05	$1.85	($0.17)	$3.71	$1.27	$1.29	$1.08	$1.60	$0.77	$0.88	($8.17)	$0.47	$0.42	$0.16	$0.81	$0.61	$0.43	($0.049)	$0.12	$0.37	$0.11	$0.19	$0.06	($0.095)	$0.0953	($0.047)	($0.0613)	$0.0963	$0.0588	$0.0625	$0.04
Basic shares outstanding	607	612	617	637	614	581	589	615	632	616	618	670	689	696	701	741	778	810	831	868	961	999	661	612	582	574	518	463	453	449	433	419	299	236	188	194	160	107	80
Margins
Gross margin	78.0%	78.5%	80.3%	80.8%	82.2%	85.4%	85.8%	84.2%	81.5%	43.4%	78.8%	82.9%	81.6%	50.8%	83.0%	83.9%	83.1%	81.5%	80.0%	79.2%	76.6%	76.3%	84.4%	82.5%	82.2%	81.8%	89.2%	88.0%	89.5%	89.5%	87.2%	84.3%	87.8%	87.1%	81.7%	77.4%	82.7%	85.6%	81.5%
Operating margin	41.7%	42.4%	40.9%	29.2%	36.4%	35.9%	35.1%	14.3%	6.4%	(3.2%)	(2.5%)	12.7%	3.9%	2.2%	16.0%	16.4%	14.2%	15.6%	(105.2%)	10.2%	10.0%	6.6%	31.7%	27.5%	24.3%	0.8%	12.8%	19.9%	17.0%	17.4%	7.4%	(4.6%)	11.1%	(5.4%)	(2.8%)	13.0%	11.1%	16.2%	10.0%
Net margin	20.7%	19.5%	16.3%	16.0%	40.2%	29.9%	21.7%	156.1%	1.3%	23.5%	(2.6%)	69.1%	22.2%	13.5%	10.9%	17.6%	9.6%	11.9%	(110.3%)	7.0%	7.8%	3.8%	20.8%	19.8%	17.7%	(2.6%)	7.5%	22.8%	7.9%	14.7%	5.5%	(8.9%)	8.5%	(4.1%)	(5.6%)	8.6%	8.1%	13.4%	8.0%

Analyst consensus

Buy21 analysts

Bearish · 1 · Hold · 10 · Bullish · 10

Earnings history

	EPS	Estimate
Q2 2025	$0.54	$0.54	Match
Q3 2025	$0.56	$0.55	Beat
Q4 2025	$0.59	$0.58	Beat
Q1 2026	$0.64	$0.60	Beat
Q2 2026	$0.62	$0.61	Beat
Q3 2026	$0.64	$0.63	Beat
Q4 2026	$0.67	$0.65	Beat
Q1 2027	$0.71	$0.69	Beat

Peers

Company overview

IPO dateJun 23, 1989

CEOVincent Pilette

Employees3,900

SectorTechnology

IndustrySoftware - Infrastructure

CountryUS

ExchangeNASDAQ Global Select

Websitewww.gendigital.com

Gen Digital Inc. delivers a wide array of cyber safety solutions for individual users across the globe, with operations spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific region, and Japan. Its flagship offering, Norton 360, is a subscription-based, all-in-one cyber protection platform safeguarding PCs, Macs, and mobile devices from a wide spectrum of online dangers like malware, viruses, ransomware, and adware. The company also offers Norton and LifeLock's identity theft protection, which includes proactive monitoring, timely alerts, and professional restoration assistance should identity fraud occur. To bolster online privacy and security, its Norton Secure VPN creates an encrypted tunnel for data, ensuring anonymity. The Privacy Monitor Assistant provides a specialized service where experts assist users in removing their personal data from online data brokers. Home Title Protect helps safeguard property by detecting potential fraud and alerting homeowners. Furthermore, Gen Digital provides Avira Security, another robust portfolio of cybersecurity and privacy tools tailored for consumers. Additional products include Dark Web Monitoring, which continuously scans illicit online spaces for the personal information of Norton 360 subscribers. Its Social Media Monitoring tool enhances the security of social profiles by watching for account takeovers, suspicious activity, and unsuitable content. AntiTrack is designed to preserve digital privacy by blocking online trackers and obscuring users' unique digital fingerprints. An Online Reputation Management service also aids in controlling personal search results, managing digital branding, and maintaining privacy. The company distributes and sells its offerings through a diverse network, including traditional retailers, telecommunications companies, hardware manufacturers (OEMs), employee benefit programs, and its own e-commerce platform. Founded in 1982 and headquartered in Tempe, Arizona, the company adopted its current name, Gen Digital Inc., in November 2022, having previously operated as NortonLifeLock Inc.

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