Gen Digital Inc. is a global company specializing in cyber safety solutions, offering a range of products through well-known consumer brands such as Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner. The company provides solutions in three main categories: security and performance management, identity protection, and online privacy, reaching approximately 500 million users across more than 150 countries . Gen Digital's revenue is primarily generated from its cyber safety portfolio, which includes consumer security and identity and information protection products . The company employs a multi-channel sales strategy, utilizing both direct-to-consumer and indirect partner distribution channels, with offerings available as free and paid subscriptions .
- Consumer Security - Offers comprehensive security solutions to protect users from online threats, including antivirus and anti-malware software.
- Identity and Information Protection - Provides services to safeguard personal information and prevent identity theft, including credit monitoring and identity restoration.
- Online Privacy - Delivers tools to enhance user privacy online, such as VPN services and privacy management software.
- Legacy Products - Maintains and supports older products that have been discontinued or are in maintenance mode, contributing a minor portion of the company's overall revenue.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Vincent Pilette ExecutiveBoard | Chief Executive Officer and Director | Board Member at SonicWall | Vincent Pilette has been CEO since 2019, leading the transformation of NortonLifeLock into Gen Digital after acquiring Avast. He has over 20 years of experience in the technology sector. | View Report → |
Bryan Ko Executive | Chief Legal Officer, Secretary, and Head of Corporate Development | None | Bryan Ko joined GEN in January 2020, previously serving as General Counsel at Logitech International and Fuhu, Inc.. | |
Natalie M. Derse Executive | Chief Financial Officer | None | Natalie Derse has been CFO since July 2020, with previous senior financial roles at eBay, Stanley Black & Decker, and General Electric. | |
Emily Heath Board | Director | General Partner at Cyberstarts; Board Member at LogicGate, Inc., Wiz, Legit Security | Emily Heath has been a Director since 2021, with extensive expertise in cybersecurity and previous roles at DocuSign and United Airlines. | |
Eric K. Brandt Board | Director | Board Member at Option Care Health, Inc., LAM Research Corporation, The Macerich Company | Eric K. Brandt has been a Director since 2020, with previous roles at Broadcom Corporation and Avanir Pharmaceuticals. | |
Frank E. Dangeard Board | Chairman of the Board | Board Member at NatWest Group plc, IHS Towers Limited, Spear Investments B.V.; Non-Executive Director at UK CMA; Managing Partner of Harcourt | Frank E. Dangeard has been Chairman since December 2019, with extensive experience in managing technology companies. | |
Nora M. Denzel Board | Director | Board Member at Advanced Micro Devices, Inc. (AMD); NACD | Nora M. Denzel has been a Director since 2019, with leadership roles at Intuit Inc. and HP Enterprise. | |
Pavel Baudis Board | Director | Board Member at Starship Enterprise, a.s. | Co-founder of Avast, Pavel Baudis has been a Director since 2022, with significant technical and cybersecurity expertise. | |
Peter A. Feld Board | Director | Managing Member at Starboard Value LP; Board Member at Green Dot Corporation | Peter A. Feld has been a Director since 2018, with a background in investment management. | |
Sherrese M. Smith Board | Director | Board Member at Cable One, Inc.; Vice Chair at Northwestern University Law School; Member at University of Maryland Journalism School; Executive Board Member at America's Public Television Stations | Sherrese M. Smith has been a Director since 2021, known for her expertise in data privacy and cybersecurity. | |
Susan P. Barsamian Board | Director | Board Member at Box, Inc., Five9, Inc., Kansas State University Foundation | Susan P. Barsamian has been a Director since 2019, with over 35 years of experience in the technology industry. |
- Given the impact of foreign exchange headwinds on ARPU, particularly from the depreciation of the Japanese yen, what specific measures are you taking to mitigate these FX risks and protect your revenue growth?
- With your guidance for fiscal 2025 relying on a 3% to 4% growth in cyber safety revenue, what are the underlying assumptions behind this growth, and how confident are you in achieving these targets given the current market conditions?
- Can you provide more insight into the health of the consumer, and how any changes in consumer behavior might affect your pipeline and growth prospects for fiscal 2025 compared to the previous year?
- Despite reporting growth in customer count and ARPU, retention rates still haven't reached your goal of 80%. What challenges are you facing in achieving higher retention, and what strategies are you implementing to improve this metric?
- Given that your partner revenue was $101 million this quarter, and you aim to scale your partner business to $0.5 billion annually, what are the key obstacles you face in expanding this channel, and how do you plan to overcome them to achieve this target?
Research analysts who have asked questions during Gen Digital earnings calls.
Andrew Nowinski
Wells Fargo
5 questions for GEN
Saket Kalia
Barclays Capital
5 questions for GEN
Dan Bergstrom
RBC Capital Markets
4 questions for GEN
Roger Boyd
UBS
4 questions for GEN
Tomer Zilberman
Bank of America
3 questions for GEN
Hamza Fodderwala
Morgan Stanley
2 questions for GEN
Robert Coolbrith
Evercore ISI
2 questions for GEN
Matthew Hedberg
RBC Capital Markets
1 question for GEN
Peter Levine
Evercore ISI
1 question for GEN
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
Competes in the security and online privacy segments, and as an operating system provider, it incorporates competing cyber safety products into its offerings. | |
Bitdefender | Competes in the security segment and as an independent software vendor in cyber safety. |
ESET | Competes in the security segment. |
F-Secure | Competes in the security segment. |
Competes in the security and online privacy segments, and as an operating system provider, it incorporates competing cyber safety products into its offerings. | |
Kaspersky | Competes in the security segment and as an independent software vendor in cyber safety. |
Malwarebytes | Competes in the security segment. |
McAfee | Competes in the security segment and as an independent software vendor in cyber safety. |
Competes in the security, identity protection, and online privacy segments, and as an operating system provider, it incorporates competing cyber safety products into its offerings. | |
Trend Micro | Competes in the security segment and as an independent software vendor in cyber safety. |
Webroot | Competes in the security segment. |
Competes in the identity protection segment as a credit bureau. | |
Experian | Competes in the identity protection segment as a credit bureau. |
Competes in the identity protection segment as a credit bureau. | |
Competes in the identity protection segment with credit monitoring and identity theft protection solutions. | |
Aura | Competes in the identity protection and online privacy segments. |
Generali (Iris) | Competes in the identity protection segment with credit monitoring and identity theft protection solutions. |
Competes in the identity protection segment with credit monitoring and identity theft protection solutions. | |
Brave | Competes in the online privacy segment. |
DuckDuckGo | Competes in the online privacy segment. |
IPVanish | Competes in the online privacy segment. |
Kape | Competes in the online privacy segment. |
Mozilla | Competes in the online privacy segment. |
Nord Security | Competes in the online privacy segment. |
1Password | A 'pure play' company focusing on specific cyber safety or adjacent segments while expanding its portfolio into new segments. |
A 'pure play' company focusing on specific cyber safety or adjacent segments while expanding its portfolio into new segments. | |
Dashlane | A 'pure play' company focusing on specific cyber safety or adjacent segments while expanding its portfolio into new segments. |
LastPass | A 'pure play' company focusing on specific cyber safety or adjacent segments while expanding its portfolio into new segments. |
Life360 | A 'pure play' company focusing on specific cyber safety or adjacent segments while expanding its portfolio into new segments. |
Proton | A 'pure play' company focusing on specific cyber safety or adjacent segments while expanding its portfolio into new segments. |
Truecaller | A 'pure play' company focusing on specific cyber safety or adjacent segments while expanding its portfolio into new segments. |
| Customer | Relationship | Segment | Details |
|---|---|---|---|
E-commerce Partner A | E-commerce partner | All | Accounted for 11% of total billed/unbilled accounts receivable as of March 28, 2025 and 13% as of March 29, 2024. |
E-commerce Partner B | E-commerce partner | All | Accounted for 11% of total billed/unbilled accounts receivable as of March 29, 2024. In FY 2025, a $66 million charge-off was recorded following termination of the agreement. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
MoneyLion Inc. | 2024 | Gen Digital Inc. entered a definitive agreement to acquire MoneyLion Inc. for approximately $1 billion using $82.00 per share in cash plus a contingent value right, aiming to integrate MoneyLion's financial wellness platform and its 18 million customers; the transaction is expected to close in the first half of Gen’s FY 2026. |
Avast plc | 2022 | NortonLifeLock Inc. acquired Avast plc through a court-sanctioned scheme of arrangement, with a deal that included a mix of cash and stock options totaling $5.97 billion in cash along with 94,201,223 new shares, creating a global leader in consumer cyber safety; the acquisition was completed on September 12, 2022. |
SecureKey Technologies Inc. | 2022 | Avast Group acquired SecureKey Technologies Inc. for a cash consideration of $325.9 million to boost its digital identity and authentication solutions, acquiring significant assets such as core technology and intangible assets, with the transaction closing on April 1, 2022 and involving additional legal and professional fees. |
Recent press releases and 8-K filings for GEN.
- Total revenue was $55.0 million, up 2.2% year-over-year for the quarter ended June 30, 2025.
- Loss from operations of $1.9 million (3.4% of revenue) and restaurant-level adjusted EBITDA of $9.0 million (16.3% margin) in Q2 2025.
- Cash and cash equivalents of $9.6 million at June 30, 2025; no material long-term debt and $20.0 million available on credit line.
- Expanded to 52 locations—including its first in South Korea—with seven new openings in H1 2025 and two more in July; on pace for 12–13 new restaurants by year-end.
- Paid its first dividend of $0.03 per share during the second quarter.
- Highlights from Q2 2025: Gen blocked 1 million fake pharmacy attacks, reported a 21% rise in data breaches, a 340% jump in financial scams, and a 100% increase in sextortion scams.
- Gen uncovered and cracked the first known AI-powered ransomware strain “FunkSec,” releasing a free decryptor to help victims recover files without paying.
- Financial and tech support scams on Facebook surged, with deceptive ads driving many attacks and 14% of blocked Facebook threats linked to tech support fraud.
- Threats to small businesses intensified, led by infostealers, exploits, and remote-access tools; malicious push notifications spiked 317% and remote access attacks grew 62%.
- Peter Feld resigned from Gen Digital’s Board of Directors effective May 15, 2025, ending his service that began in 2018, marking a pivotal transition in leadership.
- John Chrystal was appointed as a new board member, bringing extensive fintech and financial services experience to support the company’s evolving focus on financial wellness.
- Record FY2025 Performance: GAAP revenue of $3,935M and operating income of $1,610M, reflecting accelerated growth.
- Q4 Highlights: GAAP revenue reached $1.01B with operating income of $417M, operating margin of 58.4%, and quarterly diluted EPS of $0.59.
- Fiscal 2026 Guidance: Full-year revenue projected between $4.7–$4.8B and EPS between $2.46–$2.54, underscoring a robust outlook amid uncertainties.
- Q1 Non-GAAP Outlook: Expected revenue between $1,180M–$1,210M and EPS between $0.59–$0.61.
- Strategic Moves: Record annual bookings of $4B and the acquisition of MoneyLion bolster its shift into comprehensive digital and financial solutions.
- Capital Management: Maintained strong liquidity with over $1B in Q4 cash, issuing $950M in senior notes and repaying a $1.1B note.
- Dividend Declaration: Approved a regular quarterly cash dividend of $0.125 per share.
- Merger Completion: On April 17, 2025, Gen Digital Inc. successfully completed its merger with MoneyLion Inc., making MoneyLion a wholly owned subsidiary .
- Equity Transaction: The deal includes converting in-the-money options, restricted stock units, and performance units into rights and cash considerations with a $82.00 per share cash payment, plus an additional contingent value right for $23.00 in Gen common stock .
- Credit Facility Amendment: The company secured a $750M Second Amendment Incremental Term B Loan with key support from Wells Fargo Bank .
- Strategic Expansion: This move strengthens Gen Digital’s leadership in financial wellness and expands its global digital and cybersecurity offerings by integrating MoneyLion’s financial capabilities .