AI-extracted from the 10-Q filed 2026-08-07 — Q1 FY2027 (quarter ended July 3, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net revenues rose 6% to $1,336M as Trust-Based Solutions gained $102M while Cyber Safety Platform fell $23M, leaving operating income roughly flat at $443M.
Biggest Revenue Drivers
Cyber Safety Platform$846M-$23M YoY
Primarily due to a $56 million impact from the additional week in the first quarter of fiscal 2026, partially offset by membership growth
Trust-Based Solutions$490M+$102M YoY
Primarily due to continued growth in Financial Wellness offerings, partially offset by $31 million from the prior-year additional week
Biggest Revenue Drivers
Total revenue: $1,336M+6% YoY
Cyber Safety Platform$846M-$23M YoY
Primarily due to a $56 million impact from the additional week in the first quarter of fiscal 2026, partially offset by membership growth
Trust-Based Solutions$490M+$102M YoY
Primarily due to continued growth in Financial Wellness offerings, partially offset by $31 million from the prior-year additional week
Within Trust-Based Solutions
Instacash Advances (within subscription and service revenue)$147Mvs $97M prior year
Largest Expense Items
Cost of revenues$307M+15% YoY
Primarily due to a $35 million increase in partner revenue share mainly in Trust-Based Solutions
Sales and marketing$300M+1% YoY
Remained relatively flat; includes $60 million loss on mark-to-market and sale of Instacash Advances
Research and development$118M+8% YoY
Filing describes R&D as remaining relatively flat
Restructuring and other costs$32M+220% YoY
Primarily a $19 million increase in severance and termination benefits under the Fiscal 2027 Plan
Margins: Gross profit margin fell to 77% from 79% as cost of revenues rose to 23% of revenue on higher partner revenue share. Operating margin declined to 33% from 35%.
Watch Items from the Filing
Columbia University patent judgment: estimated probable loss of $256 million accrued, with reasonable possibility of loss in excess that cannot be estimated.
Cyber Safety Platform revenue declined to $846 million from $869 million, and its operating income fell to $519 million from $530 million.
Total debt of $8,230 million with $900 million 6.75% notes due September 2027 and a springing maturity date of July 1, 2027.
Instacash funding reliance: $1,193 million sold under the Sound Point facility this quarter, with only $37 million unused capacity on the $300 million limit.
MoneyLion legal exposure: $67 million accrued for the MALKA judgment, plus a pending NY Attorney General usury and deceptive-practices suit with unestimable loss.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
6 transactions in GEN reported by 3 members of Congress under the STOCK Act, most recent trade Oct 22, 2025. Reported transactions, not recommendations.
About Gen Digital Inc. (GEN): stock profile, AI score and financials
Gen Digital Inc. (GEN) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores GEN at 74.2/100 on a composite quality score built from its SEC filings, placing it at rank #114 of 2,925 stocks — the top 5% of the AI-ranked universe. GEN scores in the top quartile across free cash flow (84.8), profitability (84.6), institutional flow (78.2). Shareholder dilution risk is elevated at 25.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2027), Gen Digital Inc. reports quarterly revenue of $1.3B, net income of $215.0M, an operating margin of 33.2%. Top institutional holders of GEN by reported 13-F value include BlackRock, FMR, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. GEN trades on the Nasdaq exchange and files with the SEC under CIK 849399. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate GEN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Gen Digital Inc. directly from SEC EDGAR.