Gen Digital Tops Q1 Forecasts and Lifts Full-Year Outlook

summarizeSummary

Gen Digital posted Q1 FY27 non-GAAP revenue of $1.336 billion and EPS of $0.71, both above expectations, and raised its full-year guidance. The results highlight accelerating growth in its Trust-Based Solutions segment and improving platform economics.

check_boxKey Events · Earnings and Guidance · GEN

• Q1 Revenue and EPS Beat

  Non-GAAP revenue of $1.336 billion grew 11% on a comparable basis, exceeding the guidance range. Broad-based growth across both Cyber Safety and Trust-Based Solutions segments drove non-GAAP diluted EPS of $0.71, a 19% year-over-year increase.

• Full-Year Guidance Raised

  Reflecting management's confidence in sustained momentum, FY27 revenue guidance increased to $5.375–$5.475 billion (from $5.325–$5.425 billion) and non-GAAP EPS to $2.87–$2.97 (from $2.85–$2.95).

• Q2 Guidance Issued

  For Q2 FY27, the company expects revenue of $1.325–$1.350 billion and non-GAAP EPS of $0.71–$0.73, implying continued double-digit growth on a comparable basis.

• Dividend Maintained

  The board declared a regular quarterly cash dividend of $0.125 per share, payable September 9, 2026, to shareholders of record on August 17, 2026.

auto_awesomeAnalysis · GEN · Technology

A strong start to fiscal 2027 underscores the durability of Gen Digital's subscription model and the early payoff from its MoneyLion integration. Non-GAAP revenue grew 11% on a comparable basis, while non-GAAP EPS of $0.71 beat the high end of implied guidance. The company raised its full-year revenue and EPS outlook, signaling confidence in its platform strategy that bundles cybersecurity, identity protection, and financial wellness. A steady dividend further reinforces the quarter's beat-and-raise message.