Gen Digital (GEN) Earnings: Q2 Fiscal 2027 Results

The quarter ended October 2, 2026 and Gen Digital published the results on October 28, 2026. Revenue and diluted EPS are shown against Q2 fiscal 2026, the same quarter a year earlier, which takes seasonal swings out of the comparison. Gen Digital reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Gen Digital's fiscal year ends on the Friday closest to March 31. Fiscal 2026 had an extra week, which fell in Q1 fiscal 2026 and added $87 million of revenue, so it affects six-month comparisons but not this quarter's.
• Non-GAAP revenue equals GAAP revenue this quarter, $1,369 million.

Source: Gen Digital Q2 fiscal 2027 results, October 28, 2026. Also in the Form 10-Q for the quarter ended October 2, 2026. Figures as reported; checked against the release on November 10, 2026.

How Gen Digital splits revenue in its own release, under its own labels, for Q2 fiscal 2027 against Q2 fiscal 2026. Indented lines are parts of the line above them.

• Gen Digital's Cyber Safety Platform revenue was $858 million in Q2 fiscal 2027, up 5% from $814 million in Q2 fiscal 2026, 63% of total revenue.
• Gen Digital's Trust-Based Solutions revenue was $511 million in Q2 fiscal 2027, up 26% from $406 million in Q2 fiscal 2026, 37% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Gen Digital's outlook is on a non-GAAP basis.

In its Q2 fiscal 2027 release, Gen Digital said:

“Q3 FY27 Revenue expected to be in the range of $1.365 billion to $1.390 billion”

“Q3 FY27 EPS expected to be in the range of $0.73 to $0.75”

“FY27 Revenue expected to be in the range of $5.465 billion to $5.515 billion, compared to prior guidance of $5.375 billion to $5.475 billion”

“FY27 EPS expected to be in the range of $2.93 to $2.98, compared to prior guidance of $2.87 to $2.97”

Source: Gen Digital Q2 FY27 release, Oct 28, 2026.

This is the company's own guidance as of Oct 28, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the GEN forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net revenues and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Gen Digital's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q2 fiscal 2027 (this page), reported Oct 28, 2026

Gen Digital reports two segments. Cyber Safety Platform, its security, privacy and comprehensive suite products, brought in $858 million of the $1,369 million total in Q2 fiscal 2027. Trust-Based Solutions, its identity, personal financial management and financial marketplace products, brought in $511 million. (Gen Digital Form 10-Q, Q2 FY27, Oct 29, 2026)

Of the $149 million increase in net revenues, $105 million came from Trust-Based Solutions and $44 million from Cyber Safety Platform. Gen Digital attributed the Trust-Based Solutions increase primarily to continued growth in its Financial Wellness offerings, and the Cyber Safety Platform increase to growth across its Cyber Safety membership offerings. (Gen Digital Form 10-Q, Q2 FY27, Oct 29, 2026)

Gen Digital also splits revenue by channel. Direct revenues, from subscriptions sold through e-commerce or mobile and from financial transactions on Gen properties, were $1,074 million against $1,010 million a year earlier. Partner revenues, sourced through retailers, employee benefits, telcos, publishers and strategic partners, rose to $295 million from $210 million. (Gen Digital Q2 FY27 release, Oct 28, 2026)

By billing address, the Americas accounted for $985 million of revenue, EMEA $280 million and APJ $104 million, and customers inside the U.S. for $931 million. The Americas share rose to 72% from 71%, which Gen Digital put down to growth in Financial Wellness products. (Gen Digital Form 10-Q, Q2 FY27, Oct 29, 2026)

Most of Gen Digital's subscriptions are sold on annual terms, with monthly plans also offered, and its brands include Norton, Avast, LifeLock and MoneyLion. Paid customers reached 83 million at October 2, 2026, against 77 million a year earlier, and bookings, the customer orders expected to turn into revenue, were $1,347 million. (Gen Digital Form 10-K, fiscal 2026, May 21, 2026; Gen Digital Q2 FY27 release, Oct 28, 2026)

Gen Digital's GAAP diluted EPS was $0.48 in Q2 fiscal 2027 and its non-GAAP EPS $0.74. The largest exclusions were amortization of intangible assets ($118 million, or $0.20 a share) and stock-based compensation ($56 million, or $0.09 a share), less a $0.04 tax adjustment. The year-ago GAAP EPS of $0.21 carried a $69 million ($0.11 a share) change in fair value and impairment of non-marketable equity investments. (Gen Digital Q2 FY27 release, Oct 28, 2026)

Lower interest and tax costs lifted GAAP net income to $287 million from $134 million. Interest expense fell to $123 million from $146 million, and the effective tax rate dropped to 26% from 42%, which Gen Digital attributed primarily to foreign currency movements on the remeasurement of unrecognized tax benefits and deferred tax liabilities on intangible assets. (Gen Digital Q2 FY27 release, Oct 28, 2026; Gen Digital Form 10-Q, Q2 FY27, Oct 29, 2026)

Diluted weighted-average shares were 603 million, against 624 million a year earlier. Gen Digital repurchased 6 million shares for $171 million in the quarter at an average price of $28.96, leaving $1,823 million of its authorization, and declared a quarterly dividend of $0.125 per share. (Gen Digital Form 10-Q, Q2 FY27, Oct 29, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Gen Digital publishes non-GAAP guidance in its release. For Q3 fiscal 2027 it expects revenue of $1.365 billion to $1.390 billion and EPS of $0.73 to $0.75. (Gen Digital Q2 FY27 release, Oct 28, 2026)

Gen Digital raised its full fiscal 2027 outlook to revenue of $5.465 billion to $5.515 billion, from $5.375 billion to $5.475 billion, and EPS of $2.93 to $2.98, from $2.87 to $2.97. The release gives no GAAP reconciliation for these ranges, saying most non-GAAP adjustments pertain to events that have not yet occurred. (Gen Digital Q2 FY27 release, Oct 28, 2026)

A consensus figure is the average of the models published by the analysts who cover Gen Digital, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Gen Digital's own release and filings put weight on for Q2 fiscal 2027, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning GEN is on is GEN a buy or a sell?, what analysts expect next is on the GEN forecast, and what the company does is on the Gen Digital (GEN) stock page.

Every number on this page can be traced to a document Gen Digital published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.