Gen Q2 FY27 slides: double-digit growth streak extends to 12 quarters

Gen Inc. (NASDAQ:GEN) reported robust financial performance in its fiscal Q2 2027, extending a 12-quarter streak of double-digit bookings growth and EPS growth. The cybersecurity and consumer protection firm posted revenue of $1.37 billion, a 12% increase year-over-year, with non-GAAP EPS rising 19% to $0.74. Analysts' expectations were surpassed with revenue beating estimates by $30 million and EPS outperforming forecasts by $0.02.

Following the earnings release, shares rose 9.2% in after-hours trading to $26.59 from $24.35. The company's presentation emphasized its mission of "Powering Digital Freedom" through its portfolio of brands, which now serve 83 million global customers. Gen's strong performance across multiple dimensions was evident, with revenue and EPS growth driven by top-line growth, efficiency gains, and disciplined capital allocation.

The company's paid customer base expanded by 6 million to 83 million, while free cash flow on a last-twelve-months basis reached $1.8 billion, a 36% year-over-year increase. Gen's strong performance across its two key business segments, Cyber Safety and Trust-Based Solutions, reflected its ability to maintain double-digit growth in both areas.

The Cyber Safety segment, comprising Norton and Avast security products, achieved record high margins and 5% revenue growth, while the Trust-Based Solutions segment, including LifeLock and MoneyLion, delivered strong double-digit growth. The company's focus on AI-powered product enhancements and its commitment to addressing emerging AI threats were key themes of the presentation, with new Norton 360 features and Avast's 2026 Safe Tech Report findings highlighting the expanding threat landscape and Gen's response to it.