The company’s quarterly performance exceeded initial expectations, with non-GAAP bookings reaching $1.284 billion, an 11% increase on a comparable basis. Diluted non-GAAP earnings per share rose 19% to $0.71, as the firm expanded its reach to 81 million paid customers. CEO Vincent Pilette attributed the results to the successful integration of its platform, which combines cyber safety, identity protection, and financial wellness tools into a unified consumer offering.
Gen Digital Accelerates Q1 Growth and Raises Fiscal Year Outlook
Gen Digital Inc. reported a strong start to its 2027 fiscal year, posting a 6% increase in GAAP revenue to $1.336 billion for the quarter ending July 3, 2026. Building on this momentum, the cybersecurity and identity protection firm raised its full-year guidance for both revenue and earnings per share.
Following the Q1 beat, Gen updated its full-year 2027 financial outlook. The company now expects annual revenue between $5.375 billion and $5.475 billion, up from its previous forecast. Non-GAAP earnings per share are now projected to land between $2.87 and $2.97. CFO Natalie Derse highlighted the durability of the firm’s operating model and its ability to scale platform economics even while maintaining investments in innovation. The board also approved a quarterly cash dividend of $0.125 per share, payable on September 9, 2026.
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