Gen Digital Inc. filed its second quarter fiscal year 2027 earnings release on October 28, 2026, reporting revenue of $1.369 billion for the quarter ended October 2, 2026, and raising its full-year fiscal 2027 guidance.

Key Highlights

  • Q2 GAAP revenue of $1.369 billion, up 12% year over year.
  • Q2 GAAP diluted EPS of $0.48, up 122% year over year.
  • Q2 non-GAAP bookings of $1.347 billion, up 10%, described by CEO Vincent Pilette as "our sixth consecutive quarter of double-digit bookings growth."
  • Year-to-date free cash flow (non-GAAP) of $753 million, up 47%.
  • Raised full-year FY27 non-GAAP revenue guidance to a range of $5.465 billion to $5.515 billion, up from prior guidance of $5.375 billion to $5.475 billion.
  • Raised full-year FY27 non-GAAP EPS guidance to a range of $2.93 to $2.98, up from prior guidance of $2.87 to $2.97.
  • Quarterly cash dividend of $0.125 per common share approved, payable December 9, 2026, to shareholders of record as of November 16, 2026.

Gen Digital Reports Q2 FY27 Results and Lifts Annual Guidance

According to the filing, Gen Digital Inc. (NASDAQ:GEN) reported second quarter fiscal year 2027 GAAP operating income of $507 million, up 16% year over year, and non-GAAP operating income of $686 million, up 10%. Year-to-date operating cash flow on a GAAP basis was $760 million, up 45%. The quarter covered the period ending October 2, 2026.

For the third quarter of fiscal year 2027, the company provided non-GAAP guidance of revenue in the range of $1.365 billion to $1.390 billion and non-GAAP diluted EPS in the range of $0.73 to $0.75. CFO Natalie Derse stated in the release that the company "remain[s] disciplined about investment, efficiency and profitable growth," attributing the raised full-year outlook to that balance. The filing notes that forward-looking statements, including all guidance figures, are subject to risks and uncertainties described in the company's most recent Form 10-K and Form 10-Q filings.

The condensed consolidated balance sheet as of October 2, 2026, showed total assets of $15.548 billion, cash and cash equivalents of $589 million, goodwill of $10.930 billion, and long-term debt of $7.036 billion. Total stockholders' equity was $2.741 billion. Current portion of long-term debt stood at $1.080 billion, compared to $181 million as of April 3, 2026. The filing notes that non-GAAP measures exclude certain expenses, gains, and losses and should be read alongside GAAP results.

What Was Disclosed

Gen Digital disclosed its Q2 fiscal year 2027 financial results, raised both its Q3 and full-year FY27 non-GAAP revenue and EPS guidance, and announced a quarterly cash dividend of $0.125 per common share payable December 9, 2026.