Gen Digital delivered another quarter of double-digit revenue and EPS growth, exceeding expectations, and raised its full-year guidance. The company highlighted the success of its AI-driven security and financial wellness strategy, with strong performance across both its Cyber Safety and Trust-based Solutions segments. Raised FY27 revenue guidance to 9-11% growth and EPS to 14-18% growth after a Q1 beat.
Gen Digital delivered another quarter of double-digit revenue and EPS growth, exceeding expectations, and raised its full-year guidance. The company highlighted the success of its AI-driven security and financial wellness strategy, with strong performance across both its Cyber Safety and Trust-based Solutions segments. Raised FY27 revenue guidance to 9-11% growth and EPS to 14-18% growth after a Q1 beat.
Bookings and revenue each grew 11% in Q1, above guidance. Paid customers crossed 80 million for the 11th straight quarter of sequential growth. Cross-sell and upsell in Norton base grew double digits and were the strongest in two years. The company raised full-year guidance…
Bookings and revenue each grew 11% in Q1, above guidance. Paid customers crossed 80 million for the 11th straight quarter of sequential growth. Cross-sell and upsell in Norton base grew double digits and were the strongest in two years. The company raised full-year guidance…
Bookings and revenue each grew 11% in Q1, above guidance. Paid customers crossed 80 million for the 11th straight quarter of sequential growth. Cross-sell and upsell in Norton base grew double digits and were the strongest in two years. The company raised full-year guidance…
Guidance · revenue to $5.425B
Management highlighted AI as both a threat driver and a growth opportunity, noting that AI-driven scams are the strongest purchase driver for protection and that they are launching AI-native products like Norton Neo, Sage, and Norton Family Assistant. The trust layer for agentic AI is a key long-term strategic bet, but near-term monetization is modest.
Bookings and revenue each grew 11% in Q1, above guidance. Paid customers crossed 80 million for the 11th straight quarter of sequential growth. Cross-sell and upsell in Norton base grew double digits and were the strongest in two years. The company raised full-year guidance, indicating accelerating demand.
No capex or capacity/infrastructure investment discussion. Capital allocation focuses on buybacks and dividends, with balance sheet deleveraging.
Management repeatedly emphasized momentum, raised guidance for the second consecutive quarter, and described the strategy as 'working' with a multi-year compounding model.
“A year ago, we said trust would be the bottleneck for agentic AI as agents begin to act for consumers from making purchases to scheduling events.”
“We decided to be a lot more a la carte. So you start with an all-in-one freemium, you have a basic taste of the various different functionality and then with the same architecture in the same product, you can decide to pay for the features…”
| 지표 | 기간 | 범위 | 중간값 | 상태 |
|---|---|---|---|---|
| EPS | FY2027 | $2.87–$2.97 | $2.92 | RAISED |
| EPS | FY2027 Q2 | $0.71–$0.73 | $0.72 | GUIDED |
| Revenue | FY2027 | $5.375B–$5.475B | $5.425B | RAISED |
| Revenue | FY2027 Q2 | $1.325B–$1.35B | $1.3375B | GUIDED |
| 제시 시점 | 지표 | 목표 기간 | 가이던스 | 실제 | 결과 |
|---|---|---|---|---|---|
| FY2026 Q4 | EPS | FY2027 Q1 | $0.68–$0.70 | $0.71 | Met / beat |
| FY2026 Q4 | Revenue | FY2027 Q1 | $1.3B–$1.325B | $1.336B | Met / beat |
| FY2026 Q3 | EPS | FY2026 Q4 | $0.64–$0.66 | $0.67 | Met / beat |
| FY2026 Q3 | Revenue | FY2026 Q4 | $1.24B–$1.26B | $1.283B | Met / beat |
xAI's models are being co-architected into Gen's new agentic AI family assistant, validating xAI's technology for consumer trust and safety applications while giving xAI a distribution channel into Gen's user base.
“we recently launched the beta of Northern Family Assistant, co-architected with XAI and supported by multiple models, handling family and financial actions inside a Gen-controlled trusted envelope”
… AI as agents begin to act for consumers from making purchases to scheduling events. That thesis is now being validated in production. Norton Neo, the world's first secure and private AI native browser, doubled its daily active users, driven by its contextual agentic VPN. Our open source agent security engine, Sage, is now in Norton 360 and Avast One, providing multi-layer agent security to 25 million customers. and we recently launched the beta of Northern Family Assistant, co-architected with XAI and supported by multiple models, handling family and financial actions inside a Gen-controlled trusted envelope built on ATH, our agent trust hub. This is a long game. Agentic revenue will be modest in fiscal year 2027, but Gen holds what is hard to replicate, trusted brands, consumer reach, a unified data and identity platform and customer-focused technical capability to be the consumer's trust layer for AI. The moat widens with every new model partner, agent, and connected account we deploy in our environment, and our goal is simple, make the AI economy safe and simple for our customers. AI is also making us better operators. Following our restructuring, we move faster in smaller, …
The Equifax partnership is a key distribution channel for Gen's Enjin marketplace, potentially driving significant customer acquisition for its financial wellness and identity products.
“We are also extending our reach through strategic relationships with leading platforms such as Equifax, providing access to new audiences and additional high intent customer demand.”
… and scale their financial lives. Engine Marketplace is quickly becoming one of our fastest growing categories at roughly half a billion revenue run rate as we drive growth across all vectors, partners, products, verticals, and distribution. In the quarter, we added more than 30 new partners, expanded our offering with additional premium products and scaled into additional verticals like the fast growing insurance market. We are also extending our reach through strategic relationships with leading platforms such as Equifax, providing access to new audiences and additional high intent customer demand. As the marketplace scales, the combination of broader supply, deeper partner integration and greater product relevance strengthens engagement and conversion. while reinforcing the network effects that make Enjin increasingly valuable to both consumers and partners. Trust-based solution segment margin remained stable at 30% even as we invested behind rapid growth across identity, personal financial management, and Enjin. We are increasingly excited about the many opportunities in this segment to come and will drive strong top-line growth with a disciplined investment lens. Direct …