Q3 2026 Gen Digital Inc Earnings Call Transcript
Key Points
- Gen Digital Inc (GEN) reported double-digit bookings growth and increased its paid customer base to over 78 million.
- The company achieved a 14% year-over-year increase in non-GAAP EPS, reflecting strong financial performance.
- Cyber safety bookings grew 5% year over year, with double-digit growth in comprehensive offerings like Norton 360 with LifeLock.
- Gen Digital Inc (GEN) introduced innovative products such as the world's first agent trust hub and Norton Neo, a safe AI browser.
- The company reported record revenue and bookings, with Q3 bookings at $1.3 billion, up 27% year over year.
- The threat landscape is evolving with AI compressing the lifecycle of attacks, leading to more frequent and faster scams.
- Fake ads now represent more than 40% of all consumer cyber threats, posing significant challenges to consumer safety.
- AI agents, while beneficial, create new vulnerabilities as they can be deceived by fake ads and impersonation sites.
- The integration of MoneyLion is still in early stages, with a cautious pace to ensure customer experience is not compromised.
- Consumer sentiment remains at a multi-year low, which could impact future growth and demand for Gen Digital Inc (GEN)'s services.
Good afternoon, everyone.
Thank you for standing by. My name is Tamia and I will be your conference operator today. Today's call is being recorded and all lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. At this time for opening remarks, I would like to pass the call over to Jason Starr, Head of Investor Relations.
Thank you, Tamia, and good afternoon, everyone. Welcome to Jen's third quarter fiscal year 2026 earnings call. Joining me today are Vincent Pillette, CEO, and Natalie Dorsey, CFO.
As a reminder, there'll be a reminder of this call posted on the investor relations website along with our slides and press release.
I'd like to remind everyone that during this call, all references to the financial measures are non-GAAP, and all growth rates are year over year unless otherwise stated.
A reconciliation of non-GAAP to GAAP measures is included in our press release and
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investorsā 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
