Gen Digital Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.00B | $3.94B | $3.80B | $3.32B | $2.80B | $2.55B | $2.49B | $2.46B |
| Cost of Revenue | $1.08B | $776.0M | $731.0M | $589.0M | $408.0M | $362.0M | $393.0M | $455.0M |
| Gross Profit | $3.92B | $3.16B | $3.07B | $2.73B | $2.39B | $2.19B | $2.10B | $2.00B |
| Gross Margin | 78.5% | 80.3% | 80.8% | 82.2% | 85.4% | 85.8% | 84.2% | 81.5% |
| Operating Expenses | ||||||||
| Research & Development | $409.0M | $329.0M | $332.0M | $313.0M | $253.0M | $267.0M | $328.0M | $420.0M |
| SG&A Expense | — | $291.0M | $604.0M | $286.0M | $392.0M | $215.0M | $368.0M | $410.0M |
| Operating Income | $2.12B | $1.61B | $1.11B | $1.21B | $1.01B | $896.0M | $355.0M | $158.0M |
| Operating Margin | 42.4% | 40.9% | 29.2% | 36.4% | 35.9% | 35.1% | 14.3% | 6.4% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.51B | $1.03B | $447.0M | $783.0M | $1.04B | $872.0M | $819.0M | $-107.0M |
| Income Tax Expense | $538.0M | $386.0M | $-160.0M | $-551.0M | $206.0M | $176.0M | $241.0M | $3.0M |
| Net Income | $973.0M | $643.0M | $607.0M | $1.33B | $836.0M | $554.0M | $3.89B | $31.0M |
| Net Margin | 19.5% | 16.3% | 16.0% | 40.2% | 29.9% | 21.7% | 156.1% | 1.3% |
| EPS (Basic) | $1.59 | $1.04 | $0.95 | $2.17 | $1.44 | $0.94 | $6.32 | $0.05 |
| EPS (Diluted) | $1.57 | $1.03 | $0.95 | $2.14 | $1.41 | $0.92 | $6.05 | $0.05 |
| Shares Outstanding (Basic) | 612.0M | 617.0M | 637.0M | 614.0M | 581.0M | 589.0M | 615.0M | 632.0M |
| Shares Outstanding (Diluted) | 619.0M | 624.0M | 642.0M | 624.0M | 591.0M | 600.0M | 643.0M | 632.0M |
| Dividends Per Share | $0.50 | $0.50 | $0.50 | $0.50 | $0.50 | $0.50 | $12.40 | $0.30 |