Slide 1: Q4 and Fiscal Year 2026 Earnings
Q4 and Fiscal Year 2026 Earnings May 7, 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 ex p
Slide 3: Copyright All ights.cesen
Copyright © 2026 Gen Digital Inc. All ights.cesen
Slide 4: Leader in consumer Cyber Safety & Financial Wellness
: Leader in consumer Cyber Safety & Financial Wellness The most comprehensive Cyber Safety Trust at scale and Trusted Solutions portfolio ~500M 79M Users Paid customers security • privacy • identity • reputation • financial wellness 100M+ ~400M Financial accounts Financial inquiries monitored throug
Slide 5: FY26 Record and Transformative Year
FY26 Record and Transformative Year Structural acceleration of business model, profitable growth at scale $5.0B Total Revenue $2.56 Non-GAAP EPS $1.5B Free Cash Flow +27% Y/Y, +9% Pro-Forma +15% Y/Y +26% Y/Y $5.1B Total Bookings 79M Paid Customers 3.0x Net Leverage +28% Y/Y, +10% Pro-Forma +11M Y/Y
Slide 6: From Cyber Safety to Financial Empowerment
From Cyber Safety to Financial Empowerment: Award-winning solutions and world-class service Best Identity Theft Protection 6
Slide 7: Dynamic and Evolving Threat Landscape
Dynamic and Evolving Threat Landscape Scams: Threats Deepfake Malicious Top Threat Blocked Protection Agent Skills #1 10B 500k+ ~15% Scams were the top Cyber threats Deepfake attacks of AI agent skills threat to consumers blocked annually blocked contained malicious instruction Top scam types were p
Slide 8: Cyber Safety Trusted Solutions
Cyber Safety Trusted Solutions AI-powered scam protection and trusted Cyber Scam reimbursement, Secure financial wellness Safety AI assistant embedded in Norton 360, automated data removal Embedded identity and scam Avast One, and ChatGPT in new memberships protection in membership Copyright © 2026
Slide 9: Deepened insurance vertical
Launching soon Deepened insurance vertical with (1) Annualized inquiries represents the number of submitted consumer applications for financial products across our marketplac e busines s, MoneyLion app installs and users who have registered via the MoneyLion website Copyright © 2026 Gen Digital Inc.
Slide 10: User-permissioned data, trusted agentic recommendations
User-permissioned Trusted agentic Safer, smarter digital data recommendations and financial decisions Agentic Cyber Safety AI VPN Ass istant (Genie) Savings optimization Clicks Engagement AI lifec yc le as sistant agent Sentiment AI for reputation Purchases Product usage Behavioral signals Verified
Slide 11: Delivering personalized, "wow" experiences
Delivering personalized, AI-powered financial Cash optimization agent “wow” experiences defense and guidance building wealth (Found Money) • Record 26% cross-sell penetration • Insights from financial monitoring stack • 60% engaged with an offer • 50 bps AI renewal agent uplift • Genie Cyber Safety
Slide 12: Copyright © 2026 Gen Digital Inc. All rights reserved.
Copyright © 2026 Gen Digital Inc. All rights reserved. 12
Slide 13: FY26 Q4 Results
FY26 Q4 Results Gen Copyright © 2026 Gen Digital Inc. All rights reserved. 13
Slide 14: Q4 Non-GAAP Financial Highlights
Q4 Non-GAAP Financial Highlights • Robust topline growth of 27% year-over-year, reflecting strong demand and momentum • 4th consecutive quarter of double-digit Bookings growth; Bookings up 10% and Revenue up 9% pro-forma • Durable operating margins at 50%, with 61% margin in Cyber Safety Platform •
Slide 15: Execution at scale
Execution at scale Q4 Non-GAAP P&L FY26 Y/Y % FY26 Y/Y % Q4 Revenue of $1,283M, up 27% Y/Y ($mil), except per share amounts • Pro-forma growth (MoneyLion in prior year baseline): up 9% Revenue $1,283 27% $5,000 27% • Gen excluding MoneyLion: up 4% Gross Profit 1,068 23% 4,181 23% • Cyber Safety stre
Slide 16: Cyber Safety Platform
Cyber Safety Platform Segment Performance Stable, resilient growth with robust ($ in millions, unless otherwise indicated) margins above 60% Q4 • Q4 Bookings up 5% and Revenue growth up FY26 Y/Y % FY26 Y/Y % 4%, supported by Gen Platform capabilities Revenue $837 4% $3,339 5% • AI-powered product re
Slide 17: Trust-Based Solutions
Trust-Based Solutions Segment Performance Strong sustained performance ($ in millions, unless otherwise indicated) • Bookings up 21% and Revenue up 20% pro-forma (1), supported by strong demand Q4 FY26 Y/Y % FY26 Y/Y % for personal financial management and Engine marketplace Revenue $446 121% $1,661
Slide 18: Other Performance Metrics
Other Performance Metrics • Direct revenue reflects subscriptions sold directly through e-commerce or mobile Revenue by Channel, Paid Customers channels, revenue generated from financial ($ in millions, unless otherwise indicated) transactions directly made through Gen. • Q4 pro-forma (1) growth of
Slide 19: Balance Sheet & Cash Flow
Balance Sheet & Cash Flow Key Balance Sheet, Cash Flow, Q4 Q3 Q4 • FY26 Operating and Free Cash Flow of & Other Metrics ($ millions) FY25 FY26 FY26 $1.5B+, up 27% and 26% Y/Y, respectively Balance Sheet • $1.2B capital deployed in H2 towards Cash, cash equivalents and share buyback, debt paydown, di
Slide 20: Robust Capital Allocation and Shareholder Return
Robust Capital Allocation and Shareholder Return FY24 – FY26 capital allocation • $5.8B capital deployed over past 3 years, or ($ in billions) 122% of cumulative Free Cash Flow Dividend, Share $0.9B+ Buybacks, • Capital allocation over past 3 years reflects $1.3B+ strong commitment to shareholder re
Slide 21: Q1 and FY27 Non-GAAP Guidance
Q1 and FY27 Non-GAAP Guidance FY27 Q1 FY27 Key Assumptions: • Revenue up 8 - 10% Y/Y Pro-Forma $5.325 - $5.425B $1.300 - $1.325B • EPS up 13 - 17% Y/Y Pro-Forma Revenue Revenue 8-10% Y/Y 8-10% Y/Y • Segment margins stable: Cyber Safety 60%+ Trust-Based Solutions 30% $2.85 - $2.95 $0.68 - $0.70 • Net
Slide 22: Supplemental Information
Supplemental Information 22
Slide 23: Trended Non-GAAP Segment Financials and Performance Metrics
Trended Non-GAAP Segment Financials and Performance Metrics ($Ms) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY26 Cyber Safety Platform: Segment Revenue $780 $789 $799 $808 $3,176 $869 $814 $819 $837 $3,339 Operating Income $466 $470 $479 $496 $1,911 $530 $500 $503 $508 $2,
Slide 24: Capital Structure
Capital Structure Facility Principal ($M) Maturity Coupon Debt Maturities in $Ms (Initial Principal Amounts) If drawn: Revolver (RCF): undrawn $1,500 FY31 As of April 3, 2026 SOFR+1.375% Term Loan A (TLA) $2,741 FY31 SOFR+1.375% Term Loan B (TLB) $2,340 FY30 SOFR+1.75% Term Loan B (TLB) $744 FY33 SO
Slide 25: Trended Non-GAAP Quarterly Results
Trended Non-GAAP Quarterly Results Non-GAAP P&L FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY26 ($M), except per share amounts Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Cyber Safety Platform 780 789 799 808 3,176 869 814 819 837 3,339 Trust-Based Solutions 185 185 187 202 759 388 406 421 446 1,661 TOTAL REVENUE $96
Slide 26: Reconciliation to Non-GAAP Gross Profit
Reconciliation to Non-GAAP Gross Profit GAAP to Non-GAAP Gross Profit ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY26 GAAP Results of Operation Gross profit (GAAP) $775 $780 $793 $811 $3,159 $990 $954 $972 $1,007 $3,923 Non-GAAP Gross Profit Adjustments Cost of revenue
Slide 27: Reconciliation to Non-GAAP Operating Income
Reconciliation to Non-GAAP Operating Income GAAP to Non-GAAP Operating Income ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY26 GAAP Results of Operation Operating income (GAAP) $417 $402 $374 $417 $1,610 $446 $438 $433 $803 $2,120 Total Non-GAAP gross profit adjustment
Slide 28: Reconciliation to Non-GAAP Net Income
Reconciliation to Non-GAAP Net Income GAAP to Non-GAAP Net Income ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY26 GAAP Results of Operation Net income (GAAP) $181 $161 $159 $142 $643 $135 $134 $192 $512 $973 Total Non-GAAP gross profit adjustment 58 59 57 57 231 67 67
Slide 29: Reconciliation to Non-GAAP EPS and Net Income
Reconciliation to Non-GAAP EPS and Net Income Q4FY26 FY26 GAAP to Non-GAAP EPS and Net Income (1) ($M), except per share amounts EPS Net Income EPS Net Income GAAP EPS / Net Income $0.84 $512 $1.57 $973 • Stock based compensation 0.10 62 0.38 235 • Amortization of intangible assets 0.19 115 0.77 477
Slide 30: Reconciliation to Non-GAAP (Unlevered) Free Cash Flow
Reconciliation to Non-GAAP (Unlevered) Free Cash Flow Unlevered Free Cash Flow Reconciliation ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY26 Net Cash Flow from Operating Activities $264 $158 $326 $473 $1,221 $414 $127 $552 $452 $1,545 Adjustments: • Capital Expenditur
Slide 31: Trended GAAP Revenue by Geo
Trended GAAP Revenue by Geo Revenue by Geo ($M) Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 FY26 US 579 584 589 606 2,358 819 809 824 857 3,309 Rest of Americas 57 57 58 57 229 60 55 56 53 224 Americas 636 641 647 663 2,587 879 864 880 910 3,533 EMEA 233 233 240 247 953 268
Slide 32: 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 Q4 FY26 FY26 Net income $181 $161 $159 $142 $643 $135 $134 $192 $512 $973 Adjustments: • Net interest expense 145 143 135 127 550 147 140 132 125 544 • Income tax expense (benefi
Slide 33: Debt Covenant EBITDA (Non-GAAP)
Debt Covenant EBITDA (Non-GAAP) Debt Covenant EBITDA (Non-GAAP) (1) ($M) LTM (4) Net income $973 Adjustments: • Net interest expense 544 • Income tax expense (benefit) 538 • Depreciation and amortization 493 EBITDA (Non-GAAP) $2,548 Adjustments to EBITDA: • Stock-based compensation 235 • Restructuri
Slide 34: 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 35: 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 ope rational metric of bookings because it reflects customers' demand for our products and services and to assist reade
Slide 36: Thank you
Thank you Web: Investor.GenDigital.com Email: IR@GenDigital.com Web: Investor.GenDigital.com | Email: IR@GenDigital.com Copyright © 2026 Gen Digital Inc. All rights reserved. 36