Gen Digital
GEN · NasdaqServices-Prepackaged Software · Fiscal year ends Mar 28
Gen Digital reported revenue of $5B in the fiscal year ended Apr 2026, up 27.1% from the year before. Operating income was $2.1B, an operating margin of 42.4%, and net income was $973M. Operating cash flow of $1.5B less capital expenditure of $22M left free cash flow of $1.5B. Net debt was $7.8B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Apr 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Apr 2026 |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.3B | $3.8B | $3.9B | $5B |
| Cost of revenue | $408M | $589M | $731M | $776M | $1.1B |
| Gross profit | $2.4B | $2.7B | $3.1B | $3.2B | $3.9B |
| Research & development | $253M | $313M | $332M | $329M | $409M |
| Operating income | $1B | $1.2B | $1.1B | $1.6B | $2.1B |
| Pre-tax income | $1B | $783M | $447M | $1B | $1.5B |
| Income tax | $206M | −$551M | −$160M | $386M | $538M |
| Net income | $836M | $1.3B | $607M | $643M | $973M |
| Diluted EPS | 1.41 | 2.14 | 0.95 | 1.03 | 1.57 |
| Diluted shares | 591M | 624M | 642M | 624M | 619M |
Balance sheet
| Fiscal year | Apr 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Apr 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $1.9B | $750M | $846M | $1B | $411M |
| Receivables | $120M | $168M | $163M | $171M | $361M |
| Current assets | $2.3B | $1.2B | $1.4B | $1.4B | $1.1B |
| Net PP&E | $60M | $76M | $72M | $60M | $71M |
| Goodwill | $2.9B | $10.2B | $10.2B | $10.2B | $11B |
| Total assets | $6.9B | $15.9B | $15.8B | $15.5B | $15.6B |
| Payables | $63M | $77M | $66M | $94M | $96M |
| Deferred revenue | $1.3B | $1.7B | $1.8B | $1.8B | $1.9B |
| Current liabilities | $3.1B | $2.8B | $2.7B | $2.9B | $2.7B |
| Short-term debt | $1B | $233M | $175M | $291M | $181M |
| Long-term debt | $2.7B | $9.5B | $8.4B | $8B | $8B |
| Total liabilities | $7B | $13.7B | $13.7B | $13.2B | $13B |
| Shareholders' equity | −$126M | $2.2B | $2.1B | $2.3B | $2.6B |
| Backlog (remaining obligations) | $785M | $1.2B | $1.2B | $1.3B | $1.3B |
Cash flow
| Fiscal year | Apr 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Apr 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $974M | $757M | $2.1B | $1.2B | $1.5B |
| Capital expenditure | $6M | $6M | $20M | $15M | $22M |
| Free cash flow | $968M | $751M | $2B | $1.2B | $1.5B |
| Depreciation & amortisation | $140M | $329M | $485M | $419M | $493M |
| Stock-based compensation | $70M | $134M | $138M | $133M | $237M |
| Acquisitions | $39M | $6.5B | $0 | $84M | $1B |
| Share buybacks | $0 | $904M | $441M | $272M | $634M |
| Dividends paid | $303M | $314M | $323M | $313M | $312M |
| Dividend per share | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 |
Key ratios
| Fiscal year | Apr 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Apr 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 18.6% | 14.6% | 3.6% | 27.1% |
| Operating income growth (YoY) | – | 20.0% | −8.0% | 45.0% | 31.7% |
| EPS growth (YoY) | – | 51.8% | −55.6% | 8.4% | 52.4% |
| Gross margin | 85.4% | 82.2% | 80.8% | 80.3% | 78.5% |
| Operating margin | 35.9% | 36.4% | 29.2% | 40.9% | 42.4% |
| Net margin | 29.9% | 40.2% | 16.0% | 16.3% | 19.5% |
| Return on equityBlank when equity is negative | – | 62.0% | 28.4% | 28.3% | 37.3% |
| ROCEEBIT ÷ (assets − current liabilities) | 25.9% | 9.2% | 8.5% | 12.7% | 16.5% |
| Free cash flow margin | 34.6% | 22.6% | 53.8% | 30.6% | 30.5% |
| Cash conversion (CFO ÷ net income) | 1.17x | 0.57x | 3.40x | 1.90x | 1.59x |
| Receivable days | 16 | 18 | 16 | 16 | 26 |
| Payable days | 56 | 48 | 33 | 44 | 33 |
| Debt ÷ equity | – | 4.54x | 4.02x | 3.64x | 3.14x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $1.8B | $9B | $7.8B | $7.3B | $7.8B |
| Current ratio | 0.74x | 0.43x | 0.50x | 0.51x | 0.40x |
Recent filings
More in Services-Prepackaged Software
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.