Gen Digital Inc. Reports 25% Revenue Growth to $1.22 Billion in Latest Quarter

Gen Digital Inc. reported significant financial performance improvements in its latest quarterly filing, with net revenues reaching $1.22 billion for the three months ended October 3, 2025, a 25% increase from $974 million in the same period last year. For the first half of the fiscal year, revenues totaled $2.48 billion, up 28% from $1.94 billion. The growth was primarily driven by higher sales in both the Cyber Safety Platform and Trust-Based Solutions segments, with the latter benefiting from the acquisition of MoneyLion, which contributed $202 million to revenues.

The company's operating income for the quarter was $438 million, a 9% increase from $402 million in the prior year, while net income decreased to $134 million from $161 million, reflecting a decline in other income due to changes in the fair value of non-marketable equity investments. Diluted earnings per share were $0.21, down from $0.26 a year earlier. The decrease in net income was attributed to increased operating expenses, particularly in sales and marketing, which rose by 61% to $297 million, largely due to higher marketing costs and losses on the sale of Instacash Advances.

In terms of strategic developments, Gen Digital completed its acquisition of MoneyLion on April 17, 2025, for approximately $935 million. This acquisition is expected to enhance the company's offerings in financial wellness and identity solutions. The integration of MoneyLion is ongoing, and the company anticipates realizing synergies from this acquisition. Additionally, Gen Digital has reported a total of 77 million paid customers as of October 3, 2025, an increase from 67 million a year prior, indicating a positive trend in customer engagement.

Geographically, the Americas accounted for 71% of total revenues, reflecting a shift due to the MoneyLion acquisition. The company reported $864 million in revenues from the Americas for the quarter, compared to $641 million in the previous year. The EMEA and APJ regions contributed $257 million and $99 million, respectively. The company also noted a decrease in cash and cash equivalents to $701 million from $1.01 billion, primarily due to cash used for the MoneyLion acquisition and debt repayments.

Looking ahead, Gen Digital remains optimistic about its growth trajectory, despite potential challenges from global macroeconomic conditions. The company plans to continue leveraging its strong product portfolio and customer base to drive future revenues. Management has expressed confidence in the long-term health of the business and its ability to execute its strategic initiatives effectively.