Gen Digital Raises Annual Revenue Guidance to $4.8-$4.9B Amid MoneyLion Integration

Gen Digital raised its annual revenue guidance to $4.8-$4.9B, driven by the integration of MoneyLion, which has accelerated growth. CEO Vincent Pilette reported strong Q1 2026 results, exceeding expectations, and emphasized the success of the MoneyLion integration.

Gen Digital Inc. (GEN) has announced a significant increase in its annual revenue guidance for fiscal year 2026, raising it from $4.7-$4.8 billion to $4.8-$4.9 billion. The move is largely attributed to the successful integration of MoneyLion, which has accelerated growth and driven robust financial performance. The company reported strong Q1 2026 results, exceeding expectations and highlighting the success of the MoneyLion integration.

CEO Vincent Pilette stated, "Fiscal year 2026 is off to a strong start. We delivered outstanding first quarter results ahead of expectations, including the first quarter of MoneyLion operating within Gen." The integration of MoneyLion has been a key driver, with bookings and revenue growing over 30% year-over-year on a reported basis and 10% on a pro forma basis. Non-GAAP operating margins stood at 52%, and non-GAAP EPS reached $0.64, up 20% year-over-year.

The integration of MoneyLion, which was expected to be completed by the fall, has already shown substantial benefits. MoneyLion's revenue grew 45% year-over-year, contributing significantly to Gen's overall growth. The company's total paid customer count now exceeds 76 million, including MoneyLion's active users.

Gen Digital also announced the launch of new AI-driven features, such as Norton Genie evolving into a comprehensive cyber safety assistant, Norton Deepfake Detection, and Norton Neo, an AI-native browser designed to deliver secure, personalized digital experiences.

The company's Q1 bookings were $1.2 billion, up 32% year-over-year, while revenue was $1.26 billion, up 30% year-over-year. Net income for the quarter was $398 million, and diluted EPS was $0.64, up 20% year-over-year. Operating cash flow was $409 million, and free cash flow was $405 million, up 55% year-over-year.

Looking ahead, Gen Digital expects non-GAAP revenue in the range of $1.18 billion to $1.21 billion and non-GAAP EPS between $0.60 and $0.62 for Q2 fiscal 2026. The company's full-year 2026 revenue guidance remains at $4.8 billion to $4.9 billion, with non-GAAP EPS expected in the range of $2.49 to $2.56.

Management expressed confidence in the company's growth prospects, noting the strong momentum and opportunity presented by the integration of MoneyLion and continued innovation in AI-driven products.

References:
[1] https://seekingalpha.com/news/4482149-gen-digital-raises-annual-revenue-guidance-to-4_8-4_9b-as-moneylion-integration-accelerates
[2] https://newsroom.gendigital.com/2025-08-07-Gen-Delivers-Double-Digit-Growth-in-Q1-FY26