When Gen Digital (GEN) reports on 28 October, what will matter most?

Sonal Goyal

28 October 2026 05:40 PM AEDT

When Gen Digital (GEN) reports on 28 October, what will matter most?

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Key Highlights

Gen Digital will publish fiscal 2027 second-quarter results on Wednesday 28 October 2026 after the US market close.
First-quarter Revenue was $1.336 billion, up 6%, with non-GAAP Diluted Earnings per Share up 19% to $0.71.
Full-year revenue guidance was raised to $5.375 billion to $5.475 billion.

A dated catalyst on Wednesday

Gen Digital Inc. (NASDAQ:GEN) has announced that it will publish fiscal 2027 second-quarter results on Wednesday 28 October 2026, after the US market close. An Earnings Call and webcast follows at 2 p.m. Pacific Time (5 p.m. Eastern), according to the company's notice dated 9 October 2026. Because the figures are not yet public, this article reviews the last reported quarter and the guidance management set for the period now ending.

What the first quarter showed

On 6 August 2026 Gen reported first-quarter fiscal 2027 results for the quarter ended 3 July 2026. GAAP revenue was $1.336 billion, up 6% from $1.257 billion, and the company said non-GAAP revenue grew 11% on a comparable basis. That adjustment matters: the first quarter had 13 weeks against 14 a year earlier, and the comparison also accounts for a stub period from the MoneyLion acquisition.

GAAP Operating Income was $443 million, down 1%, while GAAP diluted earnings per share rose to $0.36 from $0.22. On a non-GAAP basis, operating income increased 9% to $668 million and diluted earnings per share rose 19% to $0.71. Bookings were $1.284 billion, up 11% on a comparable basis, and the company counted 81 million paid customers, up from 76 million a year earlier.

Guidance to measure against

For the second quarter, Gen guided to revenue of $1.325 billion to $1.350 billion and non-GAAP earnings per share of $0.71 to $0.73. These are forecasts, and Wednesday's release will show whether they were met. For the full fiscal year, management raised its revenue range to $5.375 billion to $5.475 billion from $5.325 billion to $5.425 billion, and its non-GAAP earnings per share range to $2.87 to $2.97 from $2.85 to $2.95.

The same approach on non-GAAP earnings per share points to roughly $1.43 to $1.55 in the second half.

Cash flow and leverage

Operating Cash Flow was $434 million in the first quarter and non-GAAP free cash flow was $430 million. Total Debt was about $8.16 billion at 3 July 2026, of which $181 million was current, down from about $8.20 billion at 3 April after $45 million of repayments. Cash, cash equivalents and restricted cash stood at $564 million.

The board maintained a quarterly Dividend of $0.125 per share, paid on 9 September 2026 to holders of record on 17 August. With a debt balance of this size, the pace of repayment and the use of free cash flow between dividends, debt reduction and other priorities are likely to remain topics of interest.

What to watch

On the report, useful reference points will be comparable bookings growth, the paid customer count, operating margin, free cash flow and any change to full-year guidance. A further raise to the ranges would indicate that momentum is holding, while an unchanged range might reflect caution.

FAQs

Q: When will Gen Digital report fiscal 2027 second-quarter results?

A: Gen will report on Wednesday 28 October 2026 after the US market close, with a call at 2 p.m. Pacific Time.

Q: What did Gen report for the first quarter of fiscal 2027?

A: GAAP revenue was $1.336 billion, up 6%, and non-GAAP diluted earnings per share rose 19% to $0.71. The company had 81 million paid customers.

Q: How did Gen change its full-year guidance?

A: It raised its revenue range to $5.375 billion to $5.475 billion and its non-GAAP earnings per share range to $2.87 to $2.97.

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