Gen Digital’s $5.1 Billion Bookings Year: Can AI Trust Drive The Next Leg?

Gen Digital reported fiscal year 2026 as a milestone period marked by significant growth and strengthened market positioning, achieving its strongest results in a decade. The company delivered record bookings of $5.1 billion, a 10% pro forma increase year-over-year, and revenues surpassed $5 billion, growing 9% pro forma. Non-GAAP earnings per share rose 15% to $2.56, reflecting consistent execution and margin discipline with a 51% full-year operating margin. Net leverage was reduced to 3x EBITDA, a year ahead of schedule, enabling greater financial flexibility. Free cash flow improved 26% to $1.5 billion, supporting disciplined capital deployment including share repurchases, debt repayment, and innovation investments, while G&A expenses remained below 3% of revenue. The company operates primarily across two segments: Cyber Safety and Trust-Based Solutions. Cyber Safety remains its foundation, generating $3.3 billion in revenue with mid-single-digit growth.