Gen Digital: Bundled Security, Identity & Privacy Offerings to Stabilize ARPU & Retention But Is It Working?

Gen Digital Inc. delivered a solid performance in the second quarter of fiscal year 2026, surpassing expectations. The company reported record revenue of over $1.2 billion, reflecting a 25% year-over-year increase. The growth was broad-based, with significant contributions from its consumer segments, including Cyber Safety and Trust-Based Solutions. Gen’s consumer fintech business, MoneyLion, also performed strongly, showing a 50% growth, which, when included with the prior year’s results, contributed to a 10% revenue growth for the company, matching its Q1 performance. The company maintained a robust non-GAAP operating margin, over 50%, leading to a non-GAAP earnings per share (EPS) of $0.62, marking a 15% year-over-year increase. This performance highlights Gen’s operational discipline and its continued investment in technology, notably in artificial intelligence (AI), data infrastructure, and platform architecture. Gen operates in an environment marked by increasing cyber threats, including AI-driven phishing attacks and identity theft, which affect consumers’ financial wellness.