Gen Digital Tops Q2 FY27 Estimates and Lifts FY27 Revenue and EPS Guidance Again
GEN sits 39% above its 52-week low of $17.78.
Summary
Gen Digital beat Q2 FY27 with 12% revenue growth and $0.74 non-GAAP EPS, then raised FY27 revenue and EPS guidance for the second time this year. Strong cash flow funded buybacks and dividends, while the Trust-Based Solutions segment grew 26%.
Key Events · Earnings and Guidance · GEN
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Q2 FY27 Beat With 12% Revenue Growth
Revenue of $1.369 billion rose 12% and non-GAAP EPS of $0.74 rose 19%, while bookings of $1.347 billion climbed 10% — the sixth consecutive quarter of double-digit bookings growth.
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FY27 Guidance Raised Again
FY27 revenue guidance lifted to $5.465-$5.515 billion from $5.375-$5.475 billion, and FY27 EPS to $2.93-$2.98 from $2.87-$2.97. For Q3 FY27, management guides to $1.365-$1.390 billion revenue and $0.73-$0.75 EPS.
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Cash Flow Up 45%, Debt Reduced
Year-to-date operating cash flow of $760 million (up 45%) and free cash flow of $753 million (up 47%) funded $271 million of buybacks and $157 million of dividends; long-term debt fell to $7.04 billion from $8.02 billion at fiscal year-end.
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Trust-Based Solutions Grew 26%
Trust-Based Solutions revenue rose to $511 million from $406 million, while Cyber Safety Platform grew 5% to $858 million; total paid customers reached 83 million from 77 million.
Analysis · GEN · Technology
A sixth straight quarter of double-digit bookings growth gave management room to raise full-year targets for the second time this fiscal year. Revenue of $1.369B came in up 12%, non-GAAP EPS of $0.74 rose 19%, and FY27 guidance now calls for revenue of $5.465B-$5.515B (from $5.375B-$5.475B) and EPS of $2.93-$2.98 (from $2.87-$2.97). The cash engine is the real story: $760M of operating cash flow through six months, up 45%, funded $271M of buybacks and $157M of dividends while debt fell to $8.1B from $8.2B. Trust-Based Solutions revenue jumped 26% to $511M, showing the identity and financial-wellness expansion is scaling faster than the core Cyber Safety Platform, which grew 5% to $858M. The board also declared the usual $0.125 quarterly dividend, payable December 9 to holders of record November 16.
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In the 30 days to Oct 29, 2026, 39% of the 991 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, GEN was trading at $24.63 on NASDAQ in the Technology sector, with a market capitalization of approximately $14.6B. The 52-week trading range was $17.78 to $31.65. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.