Slide 1: Q3 FY26 Earnings
Q3 FY26 Earnings February 5, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains statements which may be considered forward-looking within the meaning of the U.S. federal securities laws. In some cases, you can identify these forward-looking statements by the use of terms such as “expect,” “will,” “continue,” or similar expre
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Slide 4: Leader in consumer Cyber Safety & Financial Wellness
: Leader in consumer Cyber Safety & Financial Wellness Tech Powerhouse Global Reach Business Segments 10B+ 10PB ~500M 75M+ Cyber Safety Platform: Security & Privacy Attacks Threat Data used Users Paid Customers Secure against cyber threats blocked to train AI models Safeguard personal data 2,000 4B+
Slide 5: Protecting & empowering consumers
Protecting & empowering consumers Cyber Safety Trust-Based Solutions Best Identity Theft Protection 4.8 App Store Rating 5
Slide 6: Threat convergence & scale
Threat convergence & scale Scams blend into routines. Gen stops them earlier, across devices and platforms Fake Ads Scam Data, ID & Dangerous Commerce Financial Fraud Deepfakes 41% 45M+ +176% AI Of all consumer Fake online shop Q/Q increase in Itself is not dangerous – cyberthreats were attacks bloc
Slide 7: Copyright © 2026 Gen Digital Inc. All rights reserved.
Copyright © 2026 Gen Digital Inc. All rights res erved. 7
Slide 8: Money One
Money One early preview Copyright © 2026 Gen Digital Inc. All rights res erved. 8
Slide 9: Money One: trusted agentic recommendations and financial decisions
User-permissioned Trusted agentic Safer, smarter digital data recommendations and financial decisions Cyber Safety AI As sistant (Genie) Savings optim ization Cli cks Engagement AI lifecycle assis tant agent Sentiment AI for reputation Purchases Product usage Behavioral signals Verified identity Fin
Slide 10: Innovation Lab: foundational security layer for the autonomous AI era
by Innovation Lab Building the foundational security layer for the autonomous AI era • AI Skills Scanner: free diagnostic tool that allows users to scan any OpenClaw skill URL before installation • AI Skills Marketplace: curated repository of safe agent skills, vetted through Gen’s security engine P
Slide 11: The world's first safe AI Browser
The world’s first safe AI Browser — combining classic search, generative AI, and security by design. “With AI browsers creating fresh security and privacy concerns, Norton Neo is the first to enter with a safety-first approach” “Norton's AI Web Browser is ready to take on ChatGPT Atlas, Perplexity's
Slide 12: FY26 Q3 Results
FY26 Q3 , > ' Results x Gen
Slide 13: Q3 Non-GAAP Financial Highlights
Q3 Non-GAAP Financial Highlights • Robust topline growth of 26%+ year-over-year, reflecting strong demand and momentum • 3rd consecutive quarter of double-digit Bookings growth; Bookings up 10% and Revenue up 8% pro-forma • Durable operating margins at 51%, with 61% margin in Cyber Safety Platform •
Slide 14: Execution at scale
Execution at scale Non-GAAP P&L Q3 Q3 Q3 Revenue of $1,240M, up 26% Y/Y ($mil), except per share amounts FY25 FY26 Y/Y % • Pro-forma growth (MoneyLion in prior year baseline): up 8% Revenue $986 $1,240 26% • Gen excluding MoneyLion: up 4% Gross Profit 850 1,035 22% • Cyber Safety strength in Norton
Slide 15: Cyber Safety Platform
Cyber Safety Platform Segment Performance Stable, resilient growth with robust ($ in millions, unless otherwise indicated) margins above 60% • Bookings up 5% and Revenue growth up 3%, Q3 Q3 FY25 FY26 Y/Y % supported by new scam protection features Revenue $799 $819 3% • Double-digit growth in most c
Slide 16: Trust-Based Solutions
Trust-Based Solutions Segment Performance Strong sustained performance in ($ in millions, unless otherwise indicated) MoneyLion and Identity • Bookings up 23% and Revenue up 22% Q3 Q3 FY25 FY26 Y/Y % pro-forma (1), supported by strong demand for personal financial management and Engine Revenue $187
Slide 17: Other Performance Metrics
Other Performance Metrics • Direct revenue reflects subscriptions sold directly through e-commerce or mobile channels, revenue generated from financial Revenue by Channel, Paid Customers transactions directly made through Gen. ($ in millions, unless otherwise indicated) • Pro-forma (1) growth of 6%
Slide 18: Balance Sheet & Cash Flow
Balance Sheet & Cash Flow Key Balance Sheet, Cash Flow, Q3 Q2 Q3 & Other Metrics ($ millions) FY25 FY26 FY26 • YTD Free Cash Flow of $1B+, up 42% Y/Y Balance Sheet • Operating Cash Flow up 66% Y/Y in Q3 Cash, cash equivalents and $883 $701 $619 restricted cash • $0.7B capital deployed this quarter C
Slide 19: Raising FY26 Non-GAAP Guidance
Raising FY26 Non-GAAP Guidance FY26 Assumptions: Revenue growth: 26% Y/Y Implied Q4 Full Year Prior Guidance • High-single digit growth pro-forma FY26 FY26 (Nov 2025) • MoneyLion exit growth rate of 30% - 35% Revenue $1.24 - $1.26B $4.955 - $4.975B $4.92 - $4.97B Y/Y % 24% - 26% 26% 25% - 26% EPS ex
Slide 20: Supplemental Information
Supplemental Information 20
Slide 21: Trended Non-GAAP Segment Financials and Performance Metrics
Trended Non-GAAP Segment Financials and Performance Metrics ($Ms) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Cyber Safety Platform: Segment Revenue $780 $789 $799 $808 $3,176 $869 $814 $819 Operating Income $466 $470 $479 $496 $1,911 $530 $500 $503 Operating Margin 60% 60% 60% 61%
Slide 22: Capital Structure
Capital Structure Facility Principal ($M) Maturity Coupon Debt Maturities in $mil (Initial Principal Amounts) If drawn: Revolver (RCF): undrawn $1,500 FY28 As of January 02, 2026 SOFR+CSA+1.375% Term Loan A (TLA) $2,949 FY28 SOFR+CSA+1.375% Term Loan B (TLB) $2,349 FY30 SOFR+1.75% Term Loan B (TLB)
Slide 23: Trended Non-GAAP Quarterly Results
Trended Non-GAAP Quarterly Results Non-GAAP P&L ($M), except per share amounts Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Cyber Safety Platform 780 789 799 808 3,176 869 814 819 Trust-Based Solutions 185 185 187 202 759 388 406 421 TOTAL REVENUE $965 $974 $986 $1,010 $3,935 $1,257
Slide 24: Reconciliation to Non-GAAP Gross Profit
Reconciliation to Non-GAAP Gross Profit GAAP to Non-GAAP Gross Profit ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 GAAP Results of Operation Gross profit (GAAP) $775 $780 $793 $811 $3,159 $990 $954 $972 Non-GAAP Gross Profit Adjustments Cost of revenues • Stock-based compensatio
Slide 25: Reconciliation to Non-GAAP Operating Income
Reconciliation to Non-GAAP Operating Income GAAP to Non-GAAP Operating Income ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 GAAP Results of Operation Operating income (GAAP) $417 $402 $374 $417 $1,610 $446 $438 $433 Total Non-GAAP gross profit adjustment 58 59 57 57 231 67 67 63
Slide 26: Reconciliation to Non-GAAP Net Income
Reconciliation to Non-GAAP Net Income GAAP to Non-GAAP Net Income ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 GAAP Results of Operation Net income (GAAP) $181 $161 $159 $142 $643 $135 $134 $192 Total Non-GAAP gross profit adjustment 58 59 57 57 231 67 67 63 Total Non-GAAP opera
Slide 27: Reconciliation to Non-GAAP EPS and Net Income
Reconciliation to Non-GAAP EPS and Net Income Q3FY26 GAAP to Non-GAAP EPS and Net Income (1) ($M), except per share amounts EPS Net Income GAAP EPS / Net Income $0.31 $192 • Stock based compensation 0.08 52 • Amortization of intangible assets 0.20 122 • Restructuring and other costs 0.02 11 • Acquis
Slide 28: Reconciliation to Non-GAAP (Unlevered) Free Cash Flow
Reconciliation to Non-GAAP (Unlevered) Free Cash Flow Unlevered Free Cash Flow Reconciliation ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Net Cash Flow from Operating Activities $264 $158 $326 $473 $1,221 $409 $116 $541 Adjustments: • Capital Expenditures (2) (2) (8) (3) (15) (
Slide 29: Trended GAAP Revenue by Geo
Trended GAAP Revenue by Geo Revenue by Geo ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 US 579 584 589 606 2,358 819 809 824 Rest of Americas 57 57 58 57 229 60 55 56 Americas 636 641 647 663 2,587 879 864 880 EMEA 233 233 240 247 953 268 257 263 APJ 96 100 99 100 395 110 99 97
Slide 30: Trended EBITDA (Non-GAAP)
Trended EBITDA (Non-GAAP) Reported EBITDA (Non-GAAP)(1) ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Net income $181 $161 $159 $142 $643 $135 $134 $192 Adjustments: • Net interest expense 145 143 135 127 550 147 140 132 • Income tax expense (benefit) 95 97 49 145 386 165 99 117
Slide 31: Debt Covenant EBITDA (Non-GAAP)
Debt Covenant EBITDA (Non-GAAP) Debt Covenant EBITDA (Non-GAAP) (1) ($M) LTM (3) Net income $603 Adjustments: • Net interest expense 546 • Income tax expense (benefit) 526 • Depreciation and amortization 478 EBITDA (Non-GAAP) $2,153 Adjustments to EBITDA: • Stock-based compensation 210 • Restructuri
Slide 32: Use of GAAP and Non-GAAP Financial Information
Use of GAAP and Non-GAAP Financial Information We use non-GAAP measures of operating margin, operating income, net income, results of operations, and earnings per share, which are adjusted from results based on GAAP and exclude certain expenses, gains and losses. We also provide the non-GAAP metrics
Slide 33: Explanation of Non-GAAP Measures and Other Items
Explanation of Non-GAAP Measures and Other Items Bookings: Bookings are defined as customer orders received that are expected to generate net revenues in the future. We present the operational metric of bookings because it reflects customers' demand for our products and services and to assist reader
Slide 34: Thank you
Thank you Web: Investor.GenDigital.com Email: IR@GenDigital.com Web: Investor.GenDigital.com | Email: IR@GenDigital.com Copyrigh t © 202 6 Gen D igital Inc. All righ ts reserved. 34