Financial Data and Key Metrics Changes - Q3 bookings reached $1.3 billion, up 27% year-over-year, and revenue was $1.2 billion, up 26% year-over-year [20] - Non-GAAP EPS increased by 14% year-over-year, reaching $0.64 [25] - Operating income was $629 million, translating to a 51% operating margin, consistent with expectations [25] Business Line Data and Key Metrics Changes - Cyber Safety segment bookings grew 5% and revenue grew 3%, driven by demand for cyber safety subscriptions [20] - MoneyLion reported nearly 40% revenue growth in Q3, supported by strong customer demand for personal financial products [22] - LifeLock's monitored financial accounts grew double digits year-over-year to nearly 50 million [12] Market Data and Key Metrics Changes - The paid customer base increased to over 78 million, with 500,000 new cyber safety direct customers added [24] - Engine processed over 360 million inquiries annually, reflecting strong marketplace growth [16] - The partnership with Equifax is expected to enhance alerts and insights for customers, driving incremental product adoption [50] Company Strategy and Development Direction - The company aims to build a trusted AI-powered platform focusing on cyber safety and financial wellness [4] - The introduction of the Agent Trust Hub aims to validate the safety of AI agents and skills, addressing emerging consumer risks [10][39] - The strategy emphasizes unifying AI and data-driven platforms to deliver personalized guidance and enhance customer experience [16][17] Management's Comments on Operating Environment and Future Outlook - Management highlighted the increasing convergence of cyber safety and financial wellness needs, indicating a shift in consumer behavior [11] - The company remains focused on long-term value creation and maintaining strong operating margins while investing in growth initiatives [30][31] - The outlook for Q4 and fiscal year 2026 includes raised revenue and EPS guidance, reflecting strong momentum [29][30] Other Important Information - The company generated $541 million in operating cash flow and $535 million in free cash flow during Q3 [27] - A regular quarterly cash dividend of $0.125 per common share was approved, to be paid on March 11, 2026 [29] - The company is exploring refinancing options for its term loan maturing in September 2028 [28] Q&A Session Questions and Answers Question: How is Gen thinking about the role it can play in consumer AI? - Management confirmed that the revolution of AI is happening and emphasized the need for trust and security in AI interactions, highlighting the launch of the Agent Trust Hub [35][39] Question: What is the status of the MoneyLion business and its shift towards subscriptions? - Management indicated a cautious but strong growth trajectory for MoneyLion, with a focus on driving revenue synergies across the portfolio [40][42] Question: Can you elaborate on the Equifax partnership and its impact on MoneyLion product adoption? - The partnership allows for deeper access to differentiated datasets, enhancing alerts and visibility for consumers, and is expected to drive incremental product adoption [50][51] Question: What are the trends in first-party versus third-party products on the MoneyLion marketplace? - Management noted that both first-party and third-party products are growing at similar rates, with a balanced approach to product offerings [54] Question: What are the guardrails for capital deployment going forward? - Management emphasized a balanced approach to capital allocation, focusing on dividends, debt paydown, and opportunistic share buybacks [76]

Financial Data and Key Metrics Changes - Q3 bookings reached $1.3 billion, up 27% year-over-year, and revenue was $1.2 billion, up 26% year-over-year [20] - Non-GAAP EPS increased by 14% year-over-year, reaching $0.64 [26] - Operating income was $629 million, translating to a 51% operating margin [26] Business Line Data and Key Metrics Changes - Cyber safety segment bookings grew 5% year-over-year, with revenue increasing by 3% [20] - MoneyLion experienced nearly 40% revenue growth in Q3, driven by strong demand for personal financial products [23] - The Engine Marketplace processed over 360 million inquiries annually, with significant growth in both first-party and third-party products [16][54] Market Data and Key Metrics Changes - The paid customer base grew to over 78 million, with an increase of 1 million sequentially [25] - Cyber safety direct customers increased by 500,000, reflecting ongoing expansion [25] - The partnership with Equifax is expected to enhance product adoption and provide deeper insights into consumer risk profiles [50] Company Strategy and Development Direction - The company aims to build a trusted AI-powered platform focused on cyber safety and financial wellness [4] - The introduction of the Agent Trust Hub and Norton Neo browser highlights the company's commitment to securing AI interactions [10][12] - The strategy emphasizes the convergence of identity threats and financial risks, positioning the company as a leader in integrated solutions [11] Management's Comments on Operating Environment and Future Outlook - Management noted that the threat landscape is evolving, with AI-driven scams becoming more prevalent [5][6] - The company is raising its revenue and EPS guidance for fiscal 2026, reflecting strong performance and momentum [30] - Management expressed confidence in the long-term growth potential driven by the integration of MoneyLion and ongoing investments in AI capabilities [31] Other Important Information - The company generated $541 million in operating cash flow and $535 million in free cash flow during Q3 [28] - A quarterly cash dividend of $0.125 per common share was approved, to be paid on March 11, 2026 [29] - The company is exploring refinancing options for its term loan maturing in September 2028 [28] Q&A Session Summary Question: How is Gen addressing the trust consumers need in AI? - Management acknowledged the growing need for trust in AI and highlighted the launch of the Agent Trust Hub to validate risks associated with AI agents [33][39] Question: What is the current status of the MoneyLion business transition? - Management confirmed that MoneyLion is progressing cautiously towards subscription models, with strong growth in personal financial offerings [40][42] Question: Can you elaborate on the Equifax partnership and its impact? - The partnership with Equifax is expected to enhance consumer risk visibility and drive incremental product adoption through Engine [48][50] Question: How is the company managing sales and marketing expenses? - Management indicated an increase in sales and marketing investments to capture higher returns, particularly in membership adoption [84][86] Question: What are the future plans for capital deployment? - The company plans to maintain a balanced approach to capital deployment, focusing on dividends, debt paydown, and opportunistic share buybacks [77][79]

Q3 FY26 Earnings February 5, 2026 Forward-Looking Statements This presentation contains statements which may be considered forward-looking within the meaning of the U.S. federal securities laws. In some cases, you can identify these forward-looking statements by the use of terms such as "expect," "will," "continue," or similar expressions, and variations or negatives of these words, but the absence of these words does not mean that a statement is not forward-looking. All statements other than statements of ...

Core Insights - Gen Digital Inc. reported strong financial results for Q3 FY26, with a revenue of $1,240 million, representing a 26% increase year-over-year [5] - The company raised its FY26 guidance for revenue and EPS, reflecting confidence in its growth strategy and market position [6] Financial Highlights - Q3 FY26 GAAP results showed operating income of $433 million, up 16%, and diluted EPS of $0.31, up 22% [5] - Year-to-date operating cash flow reached $1,066 million, a 43% increase, while free cash flow for the same period was $1,047 million, up 42% [5][17] - Bookings for Q3 FY26 were $1,319 million, a 27% increase compared to the previous year [5] Guidance and Dividends - For Q4 FY26, revenue is expected to be between $1.24 billion and $1.26 billion, with EPS projected in the range of $0.64 to $0.66 [6] - The Board of Directors approved a quarterly cash dividend of $0.125 per common share, to be paid on March 11, 2026 [3] Company Overview - Gen Digital Inc. is a global leader in digital safety and financial wellness, serving nearly 500 million users across more than 150 countries [7] - The company focuses on providing cybersecurity, online privacy, identity protection, and financial wellness solutions [7]

Core Insights - Gen Digital and Equifax have expanded their partnership to enhance consumer financial management and digital security solutions [1] - The collaboration aims to leverage Equifax's differentiated data and Gen's AI-powered platform to provide personalized financial products and recommendations [1] Group 1: Partnership Overview - The partnership will enable Gen to strengthen its identity protection and financial wellness offerings through its brands, including Norton, Avast, LifeLock, and MoneyLion [1] - Equifax will utilize the Engine by Gen platform to offer personalized financial products to myEquifax customers in the U.S. [1] Group 2: Leadership Statements - Vincent Pilette, CEO of Gen, emphasized the importance of providing simple and trusted solutions for consumers to make informed financial decisions [1] - Mark W. Begor, CEO of Equifax, highlighted that more data leads to better decision-making, which can create greater opportunities for consumers [1] Group 3: Company Backgrounds - Gen Digital is focused on empowering digital freedom through its consumer brands, serving nearly 500 million users across over 150 countries [1] - Equifax operates globally, providing data, analytics, and technology solutions to help various organizations make informed decisions, supported by nearly 15,000 employees [1]

Core Insights - Gen has launched the Gen Agent Trust Hub, a security platform aimed at ensuring safer adoption of autonomous AI agents like OpenClaw, which is crucial in the emerging AI Agentic Era [1][2][3] Company Overview - Gen is a global leader in digital security, operating trusted brands such as Norton, Avast, LifeLock, and MoneyLion, and is focused on empowering users with financial and cyber safety [1][7] Security Landscape - Gen Threat Labs has identified over 18,000 instances of OpenClaw exposed to the internet, with nearly 15% of the skills containing malicious instructions, indicating significant security vulnerabilities [3][4] - The shift in the threat landscape suggests that security failures are evolving from isolated incidents to persistent insider threats posed by trusted AI assistants [4] Gen Agent Trust Hub Features - The Gen Agent Trust Hub provides free safety tools for users of AI agents, including: - **Gen AI Skills Scanner**: A diagnostic tool that scans OpenClaw skill URLs for hidden logic, unauthorized data access, and malicious behavior [7] - **AI Skills Marketplace**: A curated repository of agent skills that are rigorously audited for security, offering a trusted alternative to public skill repositories [7] Future Outlook - The launch of OpenClaw marks the beginning of a new era of autonomous agents, with Gen committed to ensuring user safety as these technologies evolve [6]

Headquartered in Tempe, Arizona, Gen Digital Inc. (GEN) is a global consumer cyber-safety heavyweight. With a market cap near $14.8 billion, it delivers cybersecurity, identity protection, and privacy tools through well-known brands including Norton, Avast, LifeLock, Avira, AVG, CCleaner, and MoneyLion. Over the past 52 weeks, Gen Digital’s shares declined nearly 14%, clearly lagging the S&P 500 Index ($SPX), which advanced 14.3% over the same span. The underperformance has extended into 2026, with the s ...

Core Insights - Gen Digital Inc. is a leading player in consumer cyber protection, offering software solutions under brands like Norton, Avast, LifeLock, and MoneyLion, focusing on cybersecurity, digital privacy, identity protection, and financial health [1] - The company is headquartered in Tempe, Arizona, and has a market capitalization of $16.95 billion, categorizing it as a large-cap stock [2] Stock Performance - Gen Digital's shares reached a 52-week high of $32.22 on August 13 but have since declined by 15%, with a 4.3% drop over the past three months, while the Nasdaq Composite index gained 3.5% in the same period [3] - Over the past 52 weeks, Gen Digital's stock has decreased by 7.9%, and by 8.8% over the past six months, contrasting with the Nasdaq Composite's gains of 14.6% and 17.3% respectively [4] - The stock has been trading below its 200-day moving average since early October but above its 50-day moving average since early December [4] Financial Performance - For the second quarter of fiscal 2026, Gen Digital reported a 25.3% year-over-year increase in net revenues to $1.22 billion, exceeding Wall Street's expectation of $1.19 billion [5] - The company also recorded $1.22 billion in bookings, up 26.8% year-over-year, and had 77 million paid customers as of October 3 [5] - Non-GAAP EPS increased by 14.8% year-over-year to $0.62, surpassing the analysts' estimate of $0.61 [5] Guidance and Comparisons - Gen Digital raised its fiscal 2026 revenue guidance from a range of $4.80 billion-$4.90 billion to $4.92 billion-$4.97 billion, and its EPS guidance from $2.49-$2.56 to $2.51-$2.56 [6] - Following the earnings report, the stock gained 1.3% intraday on November 7 [6] - In comparison, Zscaler, Inc. has gained 13.9% over the past 52 weeks but has declined by 23.7% over the past six months, indicating that Gen Digital has outperformed Zscaler in the latter timeframe [6]

Core Insights - Gen has released its 2026 Cybersecurity Predictions, highlighting a future where digital life is increasingly influenced by AI, leading to blurred realities and the need for enhanced verification of identity and trust [1][3]. Group 1: Key Predictions - **The Year Humans Need to Be Verified**: AI will enable the creation of synthetic personas that can clone a person's identity, making human verification essential in daily life [4][5]. - **The AI Feedback Loop Distorts Online Truth**: An AI-driven distortion cycle will flood the internet with inaccurate machine-generated content, necessitating the use of authenticity markers by tech and media organizations [6]. - **The Scam Industry Evolves into Emotional Engineering**: Scams will become more sophisticated, using real-time sentiment analysis to manipulate emotions, requiring individuals to recognize emotional red flags [8]. Group 2: Identity and Trust Issues - **Synthetic Identities Trigger a Collapse in Digital Trust**: AI-generated identity kits will facilitate fraud, making traditional static credentials insufficient for security [10]. - **The Browser Becomes Ground Zero for Deception**: The browser will be the primary target for cybercriminals, with AI-generated threats becoming more prevalent, complicating detection for users [13][14]. Group 3: Consumer Tips - **Verification Practices**: Users are advised to verify sensitive requests through secondary channels and to be cautious of visual or audio discrepancies [5][11]. - **Content Verification**: A "two-source rule" is recommended for verifying important claims, especially in finance and health [7]. - **Emotional Awareness**: Individuals should identify strong emotions triggered by messages to break the illusion created by scammers [9].

Core Insights - Gen Digital Inc. is a global leader focused on empowering Digital Freedom through its consumer brands [2] - The company will participate in a fireside chat at the Barclays Global Technology Conference on December 10, 2025 [1] Company Overview - Gen Digital Inc. operates under trusted brands such as Norton, Avast, LifeLock, and MoneyLion, providing services in cybersecurity, online privacy, identity protection, and financial wellness [2] - The company serves nearly 500 million users across more than 150 countries, emphasizing financial empowerment and cyber safety for digital generations [2] Upcoming Events - The fireside chat featuring CEO Vincent Pilette and CFO Natalie Derse will take place at 8:40 a.m. PT on December 10, 2025, and will be available for webcast [1]