Gen Digital (GEN) Q4 2026 earnings summary

Executive summary

• FY26 delivered record revenue of $5 billion, up 27% year-over-year, marking the strongest results in a decade and significant expansion in paid customers to 79 million, up 11 million year-over-year.

• Achieved 10 consecutive quarters of double-digit EPS growth, with non-GAAP EPS reaching $2.56, up 15% year-over-year.

• Growth driven by strong demand for Cyber Safety and Trust-Based Solutions, with innovation in AI-powered security, scam protection, and financial wellness.

• Raised FY27 guidance for both revenue and EPS, reflecting continued confidence in growth trajectory.

• Returned $6 billion to shareholders over the past three years, representing 122% of cumulative free cash flow.

Financial highlights

• FY26 total bookings reached $5.1 billion, up 28% year-over-year; revenue hit $5 billion, up 27% year-over-year; non-GAAP EPS was $2.56, up 15%.

• FY26 operating income was $2.5 billion (51% margin); free cash flow was $1.5 billion, up 26% year-over-year.

• Q4 FY26 revenue was $1.28 billion, up 27% year-over-year; Q4 non-GAAP EPS was $0.67, up 14%.

• FY26 GAAP operating income was $2,120 million, up 32% year-over-year; GAAP diluted EPS was $1.57, up 53%.

• Paid customers reached 79 million, up from 68 million a year ago.

Outlook and guidance

• FY27 revenue guidance is $5.325–$5.425 billion (8%–10% pro forma growth); non-GAAP EPS expected at $2.85–$2.95 (13%–17% growth).

• Q1 FY27 revenue guidance is $1.3–$1.325 billion; non-GAAP EPS expected at $0.68–$0.70.

• Segment margins expected to remain stable: Cyber Safety at 60%+, Trust-Based Solutions at 30%.

• Raised outlook from prior mid-single-digit revenue growth to high single digits, with mid-teens EPS growth.

• Excess free cash flow to be returned to shareholders.