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Gen Digital Q1 earnings call highlights. August 6, 2026 Key points. * Gen Digital exceeded first-quarter guidance, with bookings and revenue each rising 11% year over year to $1.28 billion and $1.34 billion, respectively, while non-GAAP EPS increased 19% to $0.71. * The company raised its fiscal 2027 outlook, now expecting revenue of $5.375 billion to $5.475 billion and non-GAAP EPS of $2.87 to $2.97, citing continued Cyber Safety momentum and stronger-than-expected financial-wellness and marketplace growth. * Trust-Based Solutions was the fastest-growing segment, with bookings up 25% and revenue up 24%, while Engine Marketplace surpassed a $500 million annual revenue run rate. Gen also generated $430 million in free cash flow and returned $181 million to shareholders. * Interested in Gen Digital? Here are five stocks we like better. Gen Digital NASDAQ: GEN reported first-quarter fiscal 2027 results that exceeded its guidance, with revenue, bookings and earnings rising at double-digit rates as growth in trust-based solutions complemented continued momentum in its core cyber-safety business. Chief Executive Officer Vincent Pilette said the company delivered an 11% increase in both bookings and revenue, while non-GAAP earnings per share rose 19%. Paid customers reached 81 million, extending a run of sequential customer growth to 11 quarters. The company raised its full-year revenue and earnings outlook, citing momentum across its portfolio and increased confidence in financial-wellness and marketplace synergies. Quarterly results and raised outlook. For the first quarter, Gen reported bookings of $1.28 billion, up 11% year over year, and revenue of $1.34 billion, also up 11%. CFO Natalie Derse said the results represented the company's fastest revenue growth rate since Gen was created. The company said its comparisons were adjusted to exclude an extra fiscal week in the prior-year quarter and include MoneyLion's stub financials in the prior-year period. Non-GAAP operating income rose 9% to $668 million, while the operating margin remained stable sequentially at 50%. Non-GAAP net income was $431 million and diluted non-GAAP EPS was $0.71, above the company's guided range of $0.68 to $0.70. Gen raised its fiscal 2027 revenue outlook to $5.375 billion to $5.475 billion, representing growth of 9% to 11%, from prior guidance for 8% to 10% growth. The company now expects full-year non-GAAP EPS of $2.87 to $2.97, up 14% to 18%. For the second quarter, Gen forecast revenue of $1.325 billion to $1.35 billion, or growth of 9% to 11%, and non-GAAP EPS of $0.71 to $0.73. Pilette said the higher full-year revenue outlook reflects continued momentum as well as confidence in financial-wellness synergies. He said the upside is expected to be driven more by financial wellness and marketplace initiatives, while Cyber Safety continues to show "solid, sustainable momentum." Cyber Safety growth and higher-tier memberships. Gen's Cyber Safety segment posted 4% growth in both bookings and revenue, supported by performance across brands and memberships. The segment's operating margin held at 61%. Discover more Cryptocurrency News EV Market Report Mathematics Derse said higher-tier Norton 360 offerings grew at a double-digit rate during the quarter. Those products bundle security, identity protection, virtual private network services and other safety features. Norton cross-sell penetration increased to 27%, while membership adoption across Norton, Avast and Avira exceeded 60%, according to Pilette. The CEO said annualized bookings for Norton 360's higher-tier memberships, which include scam detection, identity restoration, financial protection and insurance, approached $500 million. He also said average revenue per user is 8% to 10% higher than it was two years ago, while retention is near record levels. Gen cited growing consumer concern about AI-enabled scams and data misuse as a source of demand. Pilette said the company's scam-protection engine blocked more than 500 million scam attacks during the quarter, including deepfakes and voice clones. He said more than 60% of consumers surveyed by the company indicated that AI-driven scams made them more likely to pay for protection. The company is also expanding products intended to address privacy and identity needs. Norton's Financial Scan, built on MoneyLion AI, has moved out of beta and is being rolled out to Norton 360 customers in the company's largest markets. The tool is designed to monitor connected financial accounts and flag potential issues. Trust-Based Solutions drives faster growth. Trust-Based Solutions was Gen's faster-growing segment, with bookings rising 25% and revenue increasing 24%. The segment includes identity, personal financial management and the Engine Marketplace. Its operating margin remained at 30% as the company invested in growth initiatives. LifeLock retention was nearly 90%, according to Derse, following a redesigned mobile-first experience and simpler tiered plans. Pilette said the company is seeking to broaden customer relationships from credit monitoring into protection for financial accounts and other assets. MoneyLion's personal financial management business grew faster than Gen expected, led by record Instacash originations and Credit Builder Plus. More than two-thirds of personal financial management revenue came from repeat customers, Pilette said. Derse added that Instacash receivables are sold to Sound Point, limiting Gen's balance-sheet exposure as that business expands. The company recently launched MoneyLion One Premium, a membership offering that incorporates Gen's scam and identity-protection features. Pilette said it is still early to project upside from the product, but described membership adoption across the company's businesses as a central part of its strategy to build longer-term customer relationships. Engine Marketplace surpassed a $500 million annual revenue run rate, Gen said. The marketplace added more than 30 partners during the quarter and expanded into insurance through Trellis infrastructure. Pilette said the insurance capability was integrated with more than 10 partners within one quarter. Total network inquiries exceeded an annualized 425 million. Gen said connected financial accounts surpassed 110 million, up from 75 million when it acquired MoneyLion, and that 35% of its paid customer base now engages with financial-wellness offerings. The company expects Engine-enabled cross-selling into its installed base to double by the end of fiscal 2027. Margins, cash flow and capital returns. Gross margin was 82%, down slightly because of product mix. Derse said certain fast-growing marketplace categories carry lower gross margins due to revenue-sharing arrangements but also have lower operating-expense requirements. She said Gen remains focused on maintaining strong segment-level operating margins as the marketplace grows. Total operating expenses were $425 million, or 32% of revenue, down 60 basis points year over year. Research and development spending rose to $105 million, or 8% of sales, as Gen invested in its platform and cyber-safety and identity products. The company said AI-enabled marketing creative workflows produced a 25% efficiency improvement in selected media channels, allowing it to create twice as many assets. Gen generated $434 million in operating cash flow and $430 million in free cash flow during the quarter. It ended the period with $564 million in cash and more than $2 billion in liquidity including its revolving credit facility. Net leverage declined to 2.95 times after the company paid down $45 million of debt. The company returned $181 million to shareholders through $100 million in share repurchases and $81 million in dividends. Its board approved a quarterly cash dividend of $0.125 per share, payable Sept. 9 to shareholders of record as of Aug. 17. About Gen Digital (NASDAQ:GEN). Gen Digital NASDAQ: GEN is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services. Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Gen Digital, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gen Digital wasn't on the list. While Gen Digital currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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Gen has launched the Fearless Planet Index, a cyber safety intelligence hub providing real-time insights into scams, cyber threats and identity risks globally. The platform, powered by telemetry from Gen Threat Labs, transforms billions of security signals into an interactive view of the digital threat landscape. Users can select countries to explore prominent scams, malware threats and identity alerts, see how threats have changed since the previous day, and access detailed profiles with protection guidance. Early data reveals phishing as the most prevalent scam category globally, with over 120 million attacks detected in the latest 30-day snapshot. Online shopping scams rank among the most common in North America and Europe, whilst dating scams are prominent across several European countries. The index tracks threats across 245 countries and territories, showing 80% of categorised threats were scams or malicious advertising rather than traditional malware.

Gen launches the Fearless Planet Index. New Cyber Safety intelligence hub gives people a live, daily view of the scams and cyber threats shaping online life around the world TEMPE, Ariz. and PRAGUE, Aug. 3, 2026 /PRNewswire/ - Gen (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom through its family of trusted consumer brands, including Norton, Avast, LifeLock and MoneyLion, today launched the Fearless Planet Index (FPI), a continuously updated Cyber Safety intelligence hub that provides real-time insights into scams, cyber threats and identity risks, helping people understand where threats are emerging and how to protect themselves. A Regional Weather Map for Digital Risk People check the weather before deciding what to wear or whether it's safe to travel. Until now, there hasn't been an equivalent way to understand the digital risks forming around NortonLifeLock Inc.. Powered by telemetry from the Gen Threat Labs, the Fearless Planet Index transforms billions of real-world security signals into an interactive view of today's digital threat landscape. Like weather radar tracking storms as they develop and move, the FPI helps people see where digital risks are emerging, which scams are most active and how those patterns evolve over time. With the FPI, people can: * Select a country to explore its most prominent scams, malware threats and identity alerts * See whether each threat or alert has increased, decreased, remained stable or appeared as new since the previous day * Open detailed profiles explaining each threat or alert and, where applicable, providing practical guidance to help people protect themselves Storms Brewing: Online Shopping Scams in the US, Dating Scams in Europe In the United States, online shopping scams rank among the most prevalent consumer scams tracked by the FPI in July, as cybercriminals increasingly impersonate trusted retailers through fake websites, sponsored social media ads, search results and promotional emails offering products at unusually low prices. Meanwhile, the data shows online dating scams brewing across Europe, including Germany, Sweden, Norway, Belgium, the Czech Republic and other countries, as cybercriminals increasingly exploit online relationships to build trust before manipulating victims into sending money or sharing sensitive personal information. The FPI not only tells which scams and threats people should look out for, it gives practical advice on how to protect yourself. For example, for those Americans who are getting ready to shop online for fall fashion and back-to-school, tips include: * Shop with retailers you know or research unfamiliar websites by checking independent reviews before making a purchase. * Look closely at the website. Check the URL for misspellings, and make sure the site includes legitimate contact information, shipping details, and a clear return or refund policy. * Pay with a credit card or another payment method that offers buyer protection. Avoid paying by bank transfer, cryptocurrency, gift cards or other irreversible payment methods. And for those in Europe looking for late summer love, the FPI provides dating scam tips such as: * Be cautious if they avoid video calls, refuse to meet, or ask to move the conversation off the platform quickly. * Never send money, gift cards, crypto, or account details to someone you have not met in real life, no matter how convincing their story sounds. * Keep your dating profile private where possible and avoid sharing personal details, financial information, or intimate photos too early. Fearless Planet Index Reveals Phishing as the Primary Scam Threat Worldwide The FPI tracks the most prominent threats across 245 countries and territories. Early insights show phishing as the most prevalent scam category globally. Specific threats, including online shopping, dating, tech support and financial scams, vary considerably between countries. This country-level variation allows people to look beyond the global picture and understand which threats are currently most prominent where they live. At launch, the FPI shows: * 120M+ phishing attacks detected in the latest 30-day snapshot * 80%+ of categorized threats were scams or malicious advertising rather than traditional malware * Online shopping scams rank among the most prevalent named scams across North America and Europe, reflecting how cybercriminals increasingly target everyday online purchases * While phishing is the leading scam globally, the mix of threats varies by country and region, giving people a localized view of the digital risks they are most likely to encounter * North America recorded the highest average digital risk (29.6%), followed closely by Europe (28.5%), Asia-Pacific (27.4%), Middle East & Africa (25.6%), and Latin America (22.0%) About Gen Gen (NASDAQ: GEN) is a global company dedicated to powering Digital Freedom through its trusted consumer brands including Norton, Avast, LifeLock, MoneyLion and more. The Gen family of consumer brands is rooted in providing financial empowerment and cyber safety for the first digital generations. Today, Gen empowers people to live their digital lives safely, privately and confidently for generations to come. Gen brings award-winning products and services in cybersecurity, online privacy, identity protection and financial wellness to nearly 500 million users in more than 150 countries. Learn more at GenDigital.com. About the Gen Threat Labs Gen Threat Labs is the Cyber Safety research team within Gen, focused on uncovering and analyzing the latest digital threats and scams worldwide. Rooted in data, research, and technical expertise, the team identifies patterns and risks that shape the evolving cyber landscape. Their insights power the security technologies that protect people across Gen's portfolio of trusted brands, including Norton, Avast, LifeLock, and others. SOURCE Gen Digital Inc. Share Release