Gen Digital Inc.

Gen Digital Inc.

GEN

$23.07

Updated: 25/09/2026, 04:07:31

Market Cap
$13.81B
Sector
Technology
Industry
Software - Infrastructure
Country
US
Stock valuation chart
One-year closing share-price history for GEN
Company Profile

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.

USD
NASDAQ
CEO: Vincent Pilette
Employees: 3,900
https://www.gendigital.com
Asset Summaries
Latest generated summaries for GEN

No summaries found.

Detailed business
Evidence-backed facts extracted from the latest official annual filing.
GEN-10-k-fy2026.html2.2 MBtext/htmlENFiled 21/05/2026Period ended 03/04/2026

Business monitoring

Reported and calculated KPIs plus operational exposure disclosed in the FY 2026 filing.

Evidence-backed · 66 KPI observations

Revenue

$5.0B

FY 2026 · Reported

Net income

$1.0B

FY 2026 · Reported

Gross margin

78.5%

FY 2026 · Calculated

Free cash flow

$1.5B

FY 2026 · Calculated

R&D intensity

8.2%

FY 2026 · Calculated

Share repurchases

$0.6B

FY 2026 · Reported

Earnings and cash generation
USD billions, directly sourced from inline XBRL; free cash flow is operating cash flow less capex.
Profitability and reinvestment
Margins and R&D as a percentage of revenue.
Top products and services
Products and services mentioned in the filing; a quantitative sales breakdown was not disclosed.

Other offerings mentioned without separate sales

Trust-Based Solutions
Cyber Safety Platform
Brand portfolio
Engine by Gen marketplace
Identity and information protection service

Area-level product sales are displayed only when the filing reports a product × geography breakdown. Regional totals are not allocated across products by estimation.

Geographic footprint
What the filing identifies, separated by location role so partner manufacturing is not presented as Apple-owned factories.
1 named headquarters
0 manufacturing countries
0 individually named factories

Map layer

Pins show disclosed operations. The heatmap colors the filing’s reported geographies; regional figures shade the region and are not estimates for each country.

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Named headquarters Manufacturing partner country

Only locations and quantities explicitly supported by the filing are displayed. A country-level manufacturing percentage or product allocation is shown only when the source discloses it; materiality scores are never presented as production shares.

How the business makes money

Company overview

Consumer Cyber Safety and Trust-Based Solutions via Norton, Avast, LifeLock and MoneyLion

99%
Source evidence
“Gen Digital Inc. is a global leader in consumer Cyber Safety and Trust-Based Solutions”

Company overview

Consumer Cyber Safety and Trust-Based Solutions company; ~500M users in 150+ countries via Norton, Avast, LifeLock, MoneyLion

98%
Source evidence
“Gen Digital Inc. is a global leader in consumer Cyber Safety and Trust-Based Solutions”

Instacash Advances are not loans

These advances are not loans and carry no contractual obligation for customer repayment.

97%
Source evidence
“These advances are not loans and carry no contractual obligation for customer repayment.”

Revenue model via partner distribution channels

Net revenues are principally derived from the sale of products and services directly to end-user customers through multiple partner distribution channels.

95%
Source evidence
“the Company’s net revenues are principally derived from the sale of products and services directly to end-user customers through multiple partner distribution channels”

Cyber safety and financial wellness businesses

Two business areas: cyber safety and financial wellness

90%
Source evidence
“Our cyber safety and financial wellness businesses compete with a broad range of companies”

Reportable segments

Two operating segments: Cyber Safety Platform and Trust-Based Solutions

90%
Source evidence
“We present financial information for our Cyber Safety Platform and Trust-Based Solutions opera”

Go-to-market channels

Direct, indirect partner, freemium, and Engine by Gen marketplace channels; annual subscriptions predominant

95%
Source evidence
“Our global, omni-channel sales approach includes direct, indirect and freemium channels”

Trust-Based Solutions

Trust-Based Solutions: identity protection, restoration, digital reputation, financial wellness (MoneyLion, Engine marketplace)

98%
Source evidence
“Our Trust-Based Solutions includes our identity protection, restoration support services, digital reputation, and secure financial wellness, including our first-party MoneyLion products and our Engine marketplace offerings.”

Cyber Safety Platform

Cyber Safety Platform: security, suites, privacy products

98%
Source evidence
“Our Cyber Safety Platform includes our security, comprehensive suites, and privacy products”

Brand portfolio

Brands: Norton, Avast, LifeLock, MoneyLion, Avira, AVG, ReputationDefender, CCleaner

95%
Source evidence
“Gen, Norton, Avast, LifeLock, MoneyLion, Avira, AVG, ReputationDefender, CCleaner and all related trademarks”

Engine by Gen marketplace

Engine by Gen marketplace connects consumers with 600+ third-party financial product providers

95%
Source evidence
“Our Engine marketplace connects consumers with over 600 third-party financial product providers across lending, insurance, credit, and banking”

Identity and information protection service

Identity and information protection services processing personal information including credit card data

90%
Source evidence
“particularly in relation to our identity and information protection service and financial wellness offerings”

Operations and dependencies

Broadcom dependency

Dependent on Broadcom for engineering and threat response services critical to many products

95%
Source evidence
“We are dependent upon Broadcom for certain engineering and threat response services, which are critical to many of our products and business.”

Positioning and strategy

MoneyLion Inc. acquisition

The Company acquired MoneyLion Inc. during the year ended April 3, 2026.

99%
Source evidence
“The Company acquired MoneyLion Inc. during the year ended April 3, 2026”

MoneyLion acquisition drove revenue growth

MoneyLion acquisition added $823M to net revenues in fiscal 2026

97%
Source evidence
“including an increase of $823 million due to the acquisition of MoneyLion”

MoneyLion acquisition

Acquisition of MoneyLion expanded marketplace (Engine by Gen) and first-party financial products

92%
Source evidence
“The acquisition of MoneyLion further expanded our go-to-market reach through a consumer and enterprise marketplace, which is branded Engine by Gen.”

Significant R&D investment including AI

Significant R&D expenses, including investments in AI, to drive organic growth and reduce reliance on third-party technologies

90%
Source evidence
“We have incurred, and will continue to incur, significant research and development expenses, including investments in AI, to drive organic growth and reduce reliance on third-party technologies”

Risks, financing, and outlook

Fiscal 2026 cost headwinds

Higher marketing, payment processing fees, amortization and compensation; lower legal costs

92%
Source evidence
“an increase in marketing costs, payment processing fees, amortization of intangible assets and compensation related expenses”

Debt balances

Long-term debt of $8,015M and current portion of $181M as of April 3, 2026

98%
Source evidence
“Long-term debt8,015 7,968”

Fiscal 2026 debt activity

Term A/B Facility payments; issued Incremental Term Loan B and Extended Term Loan A in fiscal 2026

90%
Source evidence
“proceeds from the issuance of our Incremental Term Loan B and Extended Term Loan A”

Balance sheet snapshot April 3, 2026 vs March 28, 2025

Total assets $15,589M; goodwill $10,996M; long-term debt $8,015M plus $181M current; contract liabilities $1,904M; stockholders' equity $2,611M (April 3, 2026 vs March 28, 2025)

99%
Source evidence
“Total assets$15,589 $15,495”

Auditor tenure and opinion

KPMG LLP issued unqualified opinions on the financial statements and ICFR as of April 3, 2026; auditor since 2002

98%
Source evidence
“We have served as the Company’s auditor since 2002.”

Capital return in fiscal 2026

Returned $1,091M to shareholders and bondholders: $634M buybacks (25M shares), $312M dividends, $145M net debt paydowns

98%
Source evidence
“During fiscal 2026, we returned $1,091 million of capital back to shareholders and bondholders.”

Headquarters location

Gen Digital Inc., Tempe, Arizona

90%
Source evidence
“Gen Digital Inc. Attn: Investor Relations 60 E. Rio Salado, Suite 1000 Tempe, Arizona 85281”

Evolving AI regulation

EU AI Act (effective 2024, fully applicable after 2-year transition), state laws (CA, CO), Dec 2025 federal executive order, Mar 2026 National Policy Framework

95%
Source evidence
“the EU AI Act, which came into force on August 1, 2024, will generally become fully applicable after a two-year transitional period”

AI development and deployment risks

AI including Gen AI embedded in products carries legal, regulatory, operational and reputational risks including hallucinatory outputs and IP claims

95%
Source evidence
“AI systems, including AI internally developed and AI present in third party solutions, may be flawed, contain errors or vulnerabilities, reflect unintended bias, or produce inaccurate, misleading or "hallucinatory" outputs”

Privacy and data protection regulatory exposure

Subject to GLBA, SEC Reg S-P, CCPA/CPRA and proliferating state privacy laws; compliance failures risk fines and class actions

95%
Source evidence
“the California Consumer Privacy Act of 2018, as amended by the California Privacy Rights Act of 2020 (CCPA), and similar comprehensive privacy laws enacted in multiple other U.S. states”

Global macroeconomic risk factors

Tariffs, FX, interest rates, inflation, geopolitics, banking instability and recession risks could hurt renewals and collections

95%
Source evidence
“increased tariffs and an uncertain global trade environment, foreign currency exchange rate fluctuations, the impact of interest rate fluctuations, elevated inflation”

Cybersecurity incidents

Past and continuing cybersecurity attacks including by nation-states; agentic AI creates expanded attack surface

95%
Source evidence
“Malicious hackers, state-sponsored actors, insiders and third-party service providers have attempted to penetrate, and in some cases succeeded in penetrating, our networks or those of our vendors”

Substantial indebtedness

Substantial debt and Amended Credit Agreement covenants limit financial/operating flexibility

93%
Source evidence
“Our substantial indebtedness and related debt obligations could limit our financial and operating flexibility and increase our vulnerability to adverse business and economic conditions. Our Amended Credit Agreement imposes operating and financial restrictions on us.”

AI-related risks

Generative AI and AI-enabled cyber threats create regulatory, privacy, IP, cybersecurity, operational and reputational risks

92%
Source evidence
“Issues in the development and deployment of AI, including generative AI and emerging AI-enabled cyber threats, could expose us to regulatory, privacy, IP, cybersecurity, operational and reputational risks.”

Agentic AI risks

Agentic AI deployment heightens data privacy and cybersecurity risk; agents may be manipulated into unauthorized actions

90%
Source evidence
“deployment of agentic AI with access to our systems, data, and third-party tools creates an expanded surface for cyberattacks”

Dependence on strategic distribution and bundling relationships

Relies on strategic distribution and bundling partners who may replace offerings with competing or internal solutions

90%
Source evidence
“We also depend on strategic distribution and bundling relationships, and partners have in the past replaced, and may in the future replace, our solutions with competing or internally developed offerings”

Customer retention dependency

Revenue depends on customer retention, freemium conversion, and new customer additions

90%
Source evidence
“Our revenue and operating results depend significantly on our ability to retain our existing customers and increase their adoption of our offerings, convert existing non-paying customers to paying customers, and add new customers.”

Acquisition and divestiture integration risk

Acquisitions and divestitures create special risks and challenges

85%
Source evidence
“Our acquisitions and divestitures create special risks and challenges”

Software defects and undetected bugs

Undetected technical errors or bugs in software could harm reputation, customers and revenue

85%
Source evidence
“the software upon which we rely may contain undetected technical errors or bugs, which may only be discovered after the code has been released for external or internal use”

Talent availability

Availability of engineering and technical talent is a key risk for new product development

85%
Source evidence
“•Availability of engineering and technical talent;”

Material exposure graph

Consumers, families, and small businesses
Customer Exposure

Revenue depends on retaining ~79M paid customers and converting ~500M users to paid subscriptions; retention and conversion are explicitly cited as key revenue dependencies.

Relevance 95·Dependency 90·Confidence 92
Source evidence
“Our revenue and operating results depend significantly on our ability to retain our existing customers and increase their adoption of our offerings, convert existing non-paying customers to paying customers, and add new customers.”
Broadcom
Supplier Dependency

Broadcom provides engineering and threat response services critical to many Gen products; failure or disruption would directly impair product delivery.

Relevance 90·Dependency 85·Confidence 95
Source evidence
“We are dependent upon Broadcom for certain engineering and threat response services, which are critical to many of our products and business.”
Cyber Safety Platform
Revenue Exposure

Cyber Safety Platform products contributed to higher fiscal 2026 net revenues alongside Trust-Based Solutions.

Relevance 90·Dependency 80·Confidence 90
Source evidence
“primarily due to higher sales in both our Cyber Safety Platform products and Trust-Based Solutions”
artificial intelligence
Competitive Exposure

AI is embedded in products and drives both growth opportunity and legal/regulatory/reputational exposure including EU AI Act compliance and computing costs.

Relevance 90·Dependency 75·Confidence 95
Source evidence
“We have incorporated, and are continuing to develop and deploy, AI, including Gen AI, into many of our products, solutions and services.”
Cybersecurity threat landscape
Revenue Exposure

Expanding digital footprint and increasingly sophisticated cybercriminal activity (phishing, deepfakes, account takeover, generative-AI abuse) drive consumer demand for Gen's cyber safety solutions.

Relevance 90·Dependency 75·Confidence 92
Source evidence
“Cybercriminals are combining long-standing techniques such as phishing, vishing and smishing with data-driven social engineering, deepfakes, account-takeover attacks and abuse of generative-AI systems and AI agents”
MoneyLion
Revenue Exposure

The MoneyLion acquisition contributed $823 million of the $1,065 million net revenue increase in fiscal 2026.

Relevance 85·Dependency 75·Confidence 95
Source evidence
“including an increase of $823 million due to the acquisition of MoneyLion”
MoneyLion Inc.
Revenue Exposure

MoneyLion contributed 16% ($823M) of consolidated revenues in FY2026, a newly acquired fintech business line.

Relevance 85·Dependency 70·Confidence 95
Source evidence
“total revenues representing approximately 2%, or $354 million, and 16%, or $823 million, respectively, included in the consolidated financial statements of the Company”
Operating system and platform providers
Competitive Exposure

OS and platform providers bundle native security/privacy/financial features at no cost and may limit interoperability, reducing demand for company offerings.

Relevance 85·Dependency 70·Confidence 95
Source evidence
“operating system and internet browser companies, have in the past and may in the future limit the interoperability of our solutions with their own products and services, including to promote competing offerings”
Trust-Based Solutions
Revenue Exposure

Trust-Based Solutions (identity protection, financial wellness, Engine marketplace) contributed to fiscal 2026 revenue growth.

Relevance 85·Dependency 70·Confidence 90
Source evidence
“primarily due to higher sales in both our Cyber Safety Platform products and Trust-Based Solutions”
cybersecurity threats
Revenue Exposure

As a cyber security company the platform is an attractive target; breaches could cause customer loss, legal claims and regulatory penalties affecting revenue.

Relevance 85·Dependency 65·Confidence 90
Source evidence
“we are an attractive target for attacks designed to impede the performance and availability of our offerings, compromise sensitive information and harm our reputation as a leading cyber security company”
Artificial Intelligence
Demand Driver

AI is both a threat driver (AI-generated scams, deepfakes, agentic threats increasing demand for cyber safety) and a strategic priority (AI-native scam detection, agentic security, trust layer for AI economy), while creating regulatory and reputational risks.

Relevance 85·Dependency 60·Confidence 90
Source evidence
“including emerging risks from AI-generated scams, deepfakes, and agentic threats, while delivering proactive, personalized safety companion across devices, browsers, and AI agents”
partner distribution channels
Revenue Exposure

Net revenues are principally derived through multiple partner distribution channels, making channel relationships a key revenue mechanism.

Relevance 75·Dependency 65·Confidence 90
Source evidence
“net revenues are principally derived from the sale of products and services directly to end-user customers through multiple partner distribution channels”
State and federal privacy/data regulations
Regulatory Exposure

Company collects and processes personal information and sensitive data subject to stringent and changing state and federal laws; legal/regulatory regimes for its products are uncertain and evolving.

Relevance 75·Dependency 65·Confidence 90
Source evidence
“We collect, use, disclose, store or otherwise process personal information and other sensitive data, which is subject to stringent and changing state and federal laws and regulations.”
CCPA/CPRA and state privacy laws
Legal Exposure

Processing personal and credit card information subjects company to GLBA, Reg S-P, CCPA/CPRA and proliferating state privacy laws; compliance costs and enforcement risk rise as more states legislate.

Relevance 75·Dependency 60·Confidence 95
Source evidence
“Additional states continue to enact comprehensive privacy legislation, creating a fragmented and evolving compliance environment that increases operational complexity and costs”
Telecom service providers and partner distribution
Revenue Exposure

Indirect partner channels including retailers, telecom service providers, employee benefit providers, and 650+ channel partners expand customer reach; adverse changes in key partner relationships could materially harm results.

Relevance 75·Dependency 55·Confidence 88
Source evidence
“These channels include retailers, telecom service providers, employee benefit providers, strategic partners, small offices, home offices, and very small businesses.”
Instacash Advances
Revenue Exposure

Instacash Advances are originated and sold under a Master Receivables Purchase Agreement, generating a $205M loss on sale of $4,126M sold during the year.

Relevance 70·Dependency 55·Confidence 90
Source evidence
“the Company originates and sells Instacash Advances pursuant to a Master Receivables Purchase Agreement”
EU AI Act
Regulatory Exposure

EU AI Act imposes transparency requirements for general purpose AI systems affecting product deployment; non-compliance could require capital expenditures or data loss.

Relevance 70·Dependency 55·Confidence 90
Source evidence
“The EU AI Act introduces various requirements for AI systems and models placed on the market or put into service in the EU, including specific transparency and other requirements for general purpose AI systems”
inflation
Demand Driver

Elevated inflation and economic uncertainty can influence customer renewals and collections.

Relevance 70·Dependency 50·Confidence 90
Source evidence
“we may experience negative impacts on customer renewals, customer collections, sales and marketing efforts”
Macroeconomic conditions and consumer finance industry
Demand Driver

Adverse macroeconomic conditions (recessions, inflation, interest rates) have adversely affected and may continue to adversely affect the consumer finance industry and the MoneyLion business; company also relies on funding sources for its business model.

Relevance 65·Dependency 55·Confidence 85
Source evidence
“Adverse macroeconomic conditions have adversely affected and may continue to adversely affect the consumer finance industry and our MoneyLion business.”
trade_war
Geopolitical Exposure

Increased tariffs and uncertain global trade environment are listed as factors that may influence results of operations and cash flows.

Relevance 65·Dependency 45·Confidence 85
Source evidence
“increased tariffs and an uncertain global trade environment”
revenue processing IT systems
Technology Dependency

Revenue determination relies on multiple IT systems; aggregation across systems was a critical audit matter.

Relevance 60·Dependency 70·Confidence 90
Source evidence
“The processing of customer orders through to the determination of net revenues to be recognized is reliant upon multiple information technology (IT) systems.”
AI computing costs
Cost Driver

Developing, testing and deploying AI systems increases cost profile due to computing costs; regulation requires significant ongoing investment.

Relevance 60·Dependency 50·Confidence 90
Source evidence
“Developing, testing, and deploying AI systems may also increase the cost profile of our offerings due to the nature of the computing costs involved in such systems”
Foreign currency exchange rates
Revenue Exposure

Company cites fluctuations in foreign currency exchange rates as a forward-looking risk factor affecting results, consistent with operations in 150+ countries.

Relevance 60·Dependency 50·Confidence 85
Source evidence
“the impact of inflation, fluctuations in foreign currency exchange rates, changes in interest rates, and the impact of new trade policy, including the implementation of global tariffs”
interest_rates
Demand Driver

Interest rate fluctuations are cited among macroeconomic conditions influencing results and customer behavior.

Relevance 60·Dependency 40·Confidence 85
Source evidence
“the impact of interest rate fluctuations”
regulation
Legal Exposure

Ongoing litigation, regulatory proceedings and unrecognized tax positions are critical estimates with potential material loss exposure.

Relevance 60·Dependency 40·Confidence 85
Source evidence
“regulatory proceedings, claims, mediations, arbitration and litigation, arising out of the ordinary course of business”
MoneyLion Inc.
Legal Exposure

MoneyLion was excluded from the ICFR assessment and audit, an integration and control risk factor for FY2026.

Relevance 50·Dependency 40·Confidence 85
Source evidence
“Our audit of internal control over financial reporting of the Company also excluded an evaluation of the internal control over financial reporting of MoneyLion Inc.”
monetary_policy
Cost Driver

Interest expense declined from 15% to 11% of revenues; debt facility repayments and refinancing (Incremental Term Loan B, Extended Term Loan A) affect financing costs.

Relevance 50·Dependency 35·Confidence 80
Source evidence
“principal payments of our Term A and B Facilities, repayment of our Term A Facility”
Full company information
Latest profile, trading, valuation, and identifier data stored for GEN.
Share price
$23.07
Market cap
$13.81B
Exchange
NASDAQ
Currency
USD
CEO
Vincent Pilette
Employees
3,900
IPO date
23/06/1989
Beta
1.215
Last dividend
$0.00
Day range
$23.01 – $27.06
52-week range
$17.78 – $31.65
1-day performance
-12.05%
1-year performance
29.75%
Current drawdown (1Y)
-27.11%
CIK
0000849399
CUSIP
668771108
ISIN
US6687711084
Created
07/12/2025, 04:12:25
Last update
25/09/2026, 04:07:31

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