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Gen Digital beats Q2 revenue estimates, raises 2026 revenue forecast

Overview

Gen Digital Q2 revenue up 25% yr/yr, beating analyst expectations

Adjusted EPS for Q2 beats analyst expectations, rising 15% yr/yr

Company raises FY26 revenue and EPS guidance, indicating growth confidence

Outlook

Gen Digital expects Q3 FY26 revenue between $1.22 bln and $1.24 bln

Gen Digital raises FY26 revenue guidance to $4.92 bln-$4.97 bln

Gen Digital anticipates FY26 EPS of $2.51 to $2.56

Result Drivers

SUBSCRIPTION MODEL - Gen attributes record Q2 results to its high-value subscription model expanding into secure financial wellness

AI PLATFORM - Gen's AI-powered platform combining security, privacy, identity, and financial wellness cited as unique market advantage

FINANCIAL DISCIPLINE - CFO Natalie Derse cites consistent EPS growth and financial discipline as drivers of Q2 performance

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$1.22 bln$1.20 bln (5 Analysts)
Q2 Adjusted EPSBeat$0.62$0.61 (7 Analysts)
Q2 EPS$0.21
Q2 Operating Income$438 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell" The average consensus recommendation for the software peer group is "buy" Wall Street's median 12-month price target for Gen Digital Inc is $33.00, about 21.7% above its November 5 closing price of $25.84 The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago Press Release: ID:nPn3wPmdTa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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