Quarterly ResultMay 7, 2026, 04:07 PM
Gen Crosses $5B in FY26 Revenue; Raises FY27 Guidance
AI Summary
Gen Digital Inc. reported its strongest results in a decade for fiscal year 2026, with revenue crossing $5 billion for the first time, marking a 27% increase. The company also raised its non-GAAP guidance for fiscal year 2027 revenue and EPS, reflecting confidence in its growth momentum. Additionally, the Board of Directors approved a restructuring program, expecting to incur approximately $50 million in charges, to streamline operations and integrate AI technologies. A quarterly cash dividend of $0.125 per common share was also declared.
Key Highlights
- FY26 GAAP Revenue reached $5,000M, a 27% increase.
- FY26 GAAP Diluted EPS was $1.57, up 53%.
- Q4 FY26 GAAP Revenue was $1,283M, up 27%.
- Q4 FY26 GAAP Diluted EPS was $0.84, up 269%.
- Raised FY27 Non-GAAP Revenue guidance to $5,325M-$5,425M.
- Raised FY27 Non-GAAP EPS guidance to $2.85-$2.95.
- Board approved a restructuring program with expected charges of $50M.
- Declared a quarterly cash dividend of $0.125 per common share.