Gen Digital (GEN) financial statements
Gen Digital reported revenue of $5.0B in fiscal 2026, up 2.5% a year over 9 years.
Net income was $973M and the operating margin 42.4%, against -2.5% in 2017.
Free cash flow was $1.5B, and the company returned $312M in dividends and $634M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Gen Digital's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0B | $2.6B | $2.5B | $2.5B | $2.6B | $2.8B | $3.3B | $3.8B | $3.9B | $5.0B |
| Cost of revenue | $853M | $463M | $455M | $393M | $362M | $408M | $589M | $731M | $776M | $1.1B |
| Gross profit | $3.2B | $2.1B | $2.0B | $2.1B | $2.2B | $2.4B | $2.7B | $3.1B | $3.2B | $3.9B |
| Research and development | $823M | $455M | $420M | $328M | $267M | $253M | $313M | $332M | $329M | $409M |
| Selling, general and admin | $2.0B | $1.3B | $1.1B | $1.1B | $791M | $1.0B | $968M | $1.3B | $1.0B | — |
| Operating income | -$100M | -$154M | $158M | $355M | $896M | $1.0B | $1.2B | $1.1B | $1.6B | $2.1B |
| Interest expense | $208M | $256M | $208M | $196M | $144M | $126M | $401M | $669M | $578M | $569M |
| Pre-tax income | -$262M | $244M | -$107M | $819M | $872M | $1.0B | $783M | $447M | $1.0B | $1.5B |
| Income tax | -$26M | -$720M | $3M | $241M | $176M | $206M | -$551M | -$160M | $386M | $538M |
| Net income | -$106M | $1.1B | $31M | $3.9B | $554M | $836M | $1.3B | $607M | $643M | $973M |
| EPS (diluted) | -$0.17 | $1.70 | $0.05 | $6.05 | $0.92 | $1.41 | $2.14 | $0.95 | $1.03 | $1.57 |
| Diluted shares | 618M | 668M | 632M | 643M | 600M | 591M | 624M | 642M | 624M | 619M |
| Gross margin | 78.8% | 81.9% | 81.5% | 84.2% | 85.8% | 85.4% | 82.2% | 80.8% | 80.3% | 78.5% |
| Operating margin | -2.5% | -6.0% | 6.4% | 14.3% | 35.1% | 35.9% | 36.4% | 29.2% | 40.9% | 42.4% |
| Net margin | -2.6% | 44.5% | 1.3% | 156.1% | 21.7% | 29.9% | 40.2% | 16.0% | 16.3% | 19.5% |
Balance sheet
Fiscal years, from Gen Digital's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $4.3B | $2.2B | $2.0B | $2.3B | $951M | $1.9B | $750M | $846M | $1.0B | $411M |
| Receivables | $649M | $809M | $708M | $111M | $117M | $120M | $168M | $163M | $171M | $361M |
| Total current assets | $5.3B | $3.5B | $3.2B | $3.1B | $1.5B | $2.3B | $1.2B | $1.4B | $1.4B | $1.1B |
| Property, plant and equipment | $937M | $778M | $663M | $238M | $78M | $60M | $76M | $72M | $60M | $71M |
| Goodwill | $8.6B | $2.7B | $2.7B | $2.6B | $2.9B | $2.9B | $10.2B | $10.2B | $10.2B | $11.0B |
| Total assets | $18.2B | $15.8B | $15.9B | $7.7B | $6.4B | $6.9B | $15.9B | $15.8B | $15.5B | $15.6B |
| Total current liabilities | $4.6B | $3.2B | $3.8B | $2.6B | $2.1B | $3.1B | $2.8B | $2.7B | $2.9B | $2.7B |
| Long-term debt | $6.9B | $5.0B | $4.0B | $3.5B | $3.3B | $2.7B | $9.5B | $8.4B | $8.0B | $8.0B |
| Total liabilities | $14.7B | $10.7B | $10.2B | $7.7B | $6.9B | $7.0B | $13.7B | $13.7B | $13.2B | $13.0B |
| Shareholders' equity | $3.5B | $5.0B | $5.7B | $10M | -$500M | -$126M | $2.2B | $2.1B | $2.3B | $2.6B |
| Net debt | $3.9B | $3.3B | $2.7B | $2.0B | $2.7B | $1.8B | $9.0B | $7.8B | $7.3B | $7.8B |
Cash flow
Fiscal years, from Gen Digital's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$209M | $950M | $1.5B | -$861M | $706M | $974M | $757M | $2.1B | $1.2B | $1.5B |
| Capital spending | $70M | $142M | $207M | $89M | $6M | $6M | $6M | $20M | $15M | $22M |
| Free cash flow | -$279M | $808M | $1.3B | -$950M | $700M | $968M | $751M | $2.0B | $1.2B | $1.5B |
| Stock-based compensation | $440M | $610M | $352M | $312M | $81M | $70M | $134M | $138M | $133M | $237M |
| Dividends paid | $222M | $211M | $217M | $7.5B | $373M | $303M | $314M | $323M | $313M | $312M |
| Share buybacks (net) | -$500M | $0 | -$234M | -$1.6B | -$304M | $0 | -$904M | -$441M | -$272M | -$634M |
| Net borrowing | -$90M | -$3.2B | -$600M | — | — | — | — | -$1.2B | -$1.3B | -$3.6B |
| Free cash flow margin | -6.9% | 31.6% | 52.4% | -38.2% | 27.4% | 34.6% | 22.6% | 53.8% | 30.6% | 30.5% |
| Dividends per share | $0.36 | $0.32 | $0.34 | $11.63 | $0.62 | $0.51 | $0.50 | $0.50 | $0.50 | $0.50 |
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Open GEN in InvestinglyQuestions
What was Gen Digital's revenue in 2026?
$5.0B in fiscal 2026, from its 10-K filing.
How much free cash flow does Gen Digital generate?
$1.5B in fiscal 2026 (operating cash flow minus capital spending).
From Gen Digital's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.