Gen Digital Inc. Reports 4% Revenue Increase and Steady Net Income, Driven by Strong Identity and Information Protection Sales

Reuters
2025/05/16
<a href="https://laohu8.com/S/GENVR">Gen Digital Inc</a>. Reports 4% Revenue Increase and Steady Net Income, Driven by Strong Identity and Information Protection Sales

Gen Digital Inc. has reported its financial results for the fiscal year 2025. The company saw its net revenues remain consistent at 100% compared to the previous year. However, there was a slight increase in the cost of revenues, which rose from 19% in fiscal 2024 to 20% in fiscal 2025. Despite this increase, the gross profit was recorded at 80%, a slight decrease from the previous year's 81%. Operating expenses showed a notable improvement, decreasing from 52% in fiscal 2024 to 39% in fiscal 2025. This reduction was primarily driven by lower general and administrative expenses, which fell from 16% to 7%, and a decrease in amortization of intangible assets from 6% to 4%. The company also reported no restructuring or impairment costs in the current fiscal year, compared to 2% and 0% respectively in the previous year. Operating income saw a significant increase, rising from 29% in fiscal 2024 to 41% in fiscal 2025. Income before income taxes improved to 26% from 12% the previous year. The income tax expense also shifted from a benefit of 4% in the prior year to an expense of 10% in fiscal 2025. Regionally, the Americas contributed 66% to net revenues, up from 65% in fiscal 2024. EMEA remained steady at 24%, while the APJ region experienced a slight decrease from 11% to 10%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gen Digital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000849399-25-000033), on May 15, 2025, and is solely responsible for the information contained therein.

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