Gen Digital reported robust first-quarter fiscal 2026 results on August 7, 2025, showcasing strong growth across its cybersecurity and financial wellness segments. The company, which positions itself as a leader in consumer cyber safety and financial wellness solutions, delivered record revenue of $1.257 billion, representing a 30% year-over-year increase. The results demonstrate Gen’s successful integration of MoneyLion into its portfolio, expanding its footprint beyond traditional cybersecurity into comprehensive financial wellness offerings. This strategic expansion comes amid an evolving threat landscape, with the company noting increased sophistication in cyber attacks, including AI-powered ransomware and rising financial scams. Gen Digital reported significant financial growth in Q1 FY26, with non-GAAP earnings per share reaching $0.64, up 20% year-over-year. The company maintained robust operating margins at 51.7%, while bookings increased 32% to $1.202 billion compared to the same period last year. The company’s financial performance was particularly strong, marking the seventh consecutive quarter of double-digit EPS growth. This consistent performance reflects Gen’s focused execution and balanced capital allocation strategy. Breaking down the results further, Gen’s Q1 FY26 performance showed strength across multiple financial indicators. Gross profit increased 27% year-over-year to $1.057 billion, though gross margin contracted slightly by 2 percentage points to 84%. Operating income grew 15% to $650 million, while operating expenses increased 51% to $407 million, primarily due to the integration of MoneyLion. Gen’s business is divided into two main segments: Cyber Safety Platform and Trust-Based Solutions. The Cyber Safety Platform, which includes security, cyber safety suites, and privacy business lines, delivered revenue of $869 million, up 11% year-over-year, with an impressive operating margin of 61%. Meanwhile, the Trust-Based Solutions segment, encompassing identity, reputation, and financial wellness offerings, saw revenue surge 110% to $388 million, driven by the MoneyLion acquisition. Gen Digital has positioned itself at the center of consumers’ digital lives, offering a comprehensive suite of services spanning privacy, security, identity, and financial wellness. The company’s strategy revolves around building trust with consumers through integrated solutions that address multiple aspects of digital life. A key strategic focus for Gen has been its expansion into financial wellness through the MoneyLion acquisition. This move has significantly broadened the company’s offerings beyond traditional cybersecurity into a comprehensive financial ecosystem that includes personal financial management, marketplace products, and financial offers. The MoneyLion integration has created what Gen describes as “The Ultimate
Financial Marketplace,” with an ecosystem of over 1,300 partners that drove approximately 90 million customer inquiries in Q1 FY26.
This marketplace represents a significant revenue opportunity through partner channel growth. Gen’s customer base has expanded significantly, with total paid customers reaching 76.2 million in Q1 FY26. This includes 40.6 million direct customers, 27.6 million partner customers (excluding MoneyLion), and 8.2 million MoneyLion customers. The company has maintained strong customer retention at 78%, with direct monthly ARPU (average revenue per user) of $7.25. The company has integrated Norton