Gen Digital Inc
F:SYM
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Gen Digital Inc
F:SYM
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Selcuk Ecza Deposu Ticaret ve Sanayi AS
IST:SELEC.E
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Gen Digital Inc
Gen Digital sells consumer security and privacy software under brands such as Norton, Avast, Avira, LifeLock, and CCleaner. Its products help people protect their devices, block malware and scams, manage passwords, use VPNs, and monitor identity theft. The company mainly serves individual consumers and households, with some products also aimed at small businesses. It makes most of its money from subscriptions. Customers pay to renew antivirus, identity protection, privacy, and device security plans on a recurring basis, rather than buying a one-time software license. That model gives Gen Digital a steady relationship with users and a direct link to the people who actually use the software every day. What makes Gen Digital different is that it sits at the front line of consumer digital safety. Instead of selling tools to large corporate IT departments, it sells easy-to-use protection to everyday device owners across Windows, Mac, mobile, and web. Its role is part security software vendor and part identity-protection service, which gives it a wider value proposition than a basic antivirus company.
Gen Digital sells consumer security and privacy software under brands such as Norton, Avast, Avira, LifeLock, and CCleaner. Its products help people protect their devices, block malware and scams, manage passwords, use VPNs, and monitor identity theft. The company mainly serves individual consumers and households, with some products also aimed at small businesses.
It makes most of its money from subscriptions. Customers pay to renew antivirus, identity protection, privacy, and device security plans on a recurring basis, rather than buying a one-time software license. That model gives Gen Digital a steady relationship with users and a direct link to the people who actually use the software every day.
What makes Gen Digital different is that it sits at the front line of consumer digital safety. Instead of selling tools to large corporate IT departments, it sells easy-to-use protection to everyday device owners across Windows, Mac, mobile, and web. Its role is part security software vendor and part identity-protection service, which gives it a wider value proposition than a basic antivirus company.
Strong quarter: Gen said Q1 revenue and bookings both grew 11%, ahead of guidance, and non-GAAP EPS rose 19%, also above expectations.
Guidance raised: Full-year fiscal 2027 revenue guidance moved up to 9% to 11% growth from 8% to 10%, and EPS guidance rose to 14% to 18% growth from mid-teens growth.
Cyber safety steady: Core cyber safety grew mid-single digits, helped by higher-tier Norton 360 plans, stronger cross-sell, and rising demand tied to AI-related scam fears.
TBS accelerating: Trust-Based Solutions grew much faster, led by Identity, MoneyLion, and Engine Marketplace, with Engine reaching about a $0.5 billion revenue run rate.
Margins held up: Operating margin stayed around 50%, Cyber Safety margin remained above 60%, and Trust-Based Solutions margin held at 30% even as Gen kept investing.
Capital returns: The company generated $430 million of free cash flow, ended with 2.95x net leverage, and returned $181 million to shareholders.
AI monetization early: Management said AI-driven trust and protection products are already helping demand, but agentic-AI revenue should still be modest in fiscal 2027.