Shares surged 16% as Gen reported accelerating revenue growth driven by strong bookings, improved cross-sell in its flagship Norton 360 product, and expanding financial wellness engagement, signaling confidence in the company’s evolving AI-powered platform and broader addressable market.
- Fiscal year ’26 revenue surpassed $5 billion with +9% growth and bookings increased +10%, reflecting a notable acceleration from prior mid-single-digit trends.
- Cyber safety segment grew mid-single digits in Q4 and for the year, supported by 79 million customers and 10 consecutive quarters of subscriber growth.
- Norton 360 net promoter score nearly doubled year-over-year, aided by AI-driven personalization and integration with AI platforms like ChatGPT, driving differentiated engagement and cross-sell success.
- Trust-based solutions segment grew over 20% in key categories, with MoneyLion connected financial accounts rising 36% YoY to 107 million, illustrating progress in converting protection customers into financial decision-makers.
- Net leverage improved ahead of schedule to 3x, underscoring operational efficiency and disciplined capital deployment amid ongoing investment in AI-enabled capabilities.
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