Gen Digital reports strong Q2 FY2027 results and raises full-year outlook

Cybersecurity provider Gen Digital (NASDAQ: GEN) has reported financial results for its second quarter of fiscal year 2027, ending October 2, 2026, exceeding analyst expectations. The company reported revenue of $1.37 billion, a 12% year-over-year increase, and an adjusted earnings per share (EPS) of $0.74.

Key segment performance included a 5% increase in revenue for the Cyber Safety Platform (Norton, Avast) to $858 million, and a 26% increase in the Trust-based Solutions segment (LifeLock, MoneyLion) to $511 million. The company reached a record 83 million paying customers, up from 77 million the previous year.

Following these results, Gen Digital raised its full-year fiscal 2027 revenue guidance to a range of $5.465 billion to $5.515 billion, up from the previous estimate of $5.375 billion to $5.475 billion. CEO Vincent Pilette noted that the company has achieved double-digit bookings growth for six consecutive quarters.