Gen Digital Inc. (GEN) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
60 E RIO SALADO PARKWAY TEMPE, AZ 85281 |
| State of Incorp. | DE |
| Fiscal Year End | March 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2024 MRQ | 3/31/2024 | 12/31/2023 MRQ | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 846 | 490 | 750 | 1,891 | 951 | 2,263 | |||
| Cash and cash equivalents | 846 | 490 | 750 | 1,887 | 933 | 2,177 | |||
| Short-term investments | 4 | 18 | 86 | ||||||
| Receivables | 163 | 160 | 168 | 120 | 117 | 111 | |||
| Asset, held-for-sale, not part of disposal group | 15 | 15 | 31 | 56 | 233 | 270 | |||
| Other current assets | 334 | 1,055 | 284 | 193 | 237 | 435 | |||
| Total current assets: | 1,358 | 1,720 | 1,233 | 2,260 | 1,538 | 3,079 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 34 | 43 | 74 | 76 | 88 | ||||
| Property, plant and equipment | 72 | 76 | 76 | 60 | 78 | 238 | |||
| Intangible assets, net (including goodwill) | 12,848 | 12,976 | 13,314 | 3,896 | 3,983 | 3,652 | |||
| Goodwill | 10,210 | 10,231 | 10,217 | 2,873 | 2,867 | 2,585 | |||
| Intangible assets, net (excluding goodwill) | 2,638 | 2,745 | 3,097 | 1,023 | 1,116 | 1,067 | |||
| Other noncurrent assets | 1,494 | 1,476 | 1,281 | 653 | 686 | 678 | |||
| Total noncurrent assets: | 14,414 | 14,562 | 14,714 | 4,683 | 4,823 | 4,656 | |||
| TOTAL ASSETS: | 15,772 | 16,282 | 15,947 | 6,943 | 6,361 | 7,735 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 144 | 130 | 188 | 225 | 177 | 202 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 12 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 81 | 107 | 115 | ||
| Accounts payable | 66 | 62 | 77 | 63 | 52 | 87 | |||
| Accrued liabilities | 78 | 68 | 111 | 81 | 6 | ||||
| Deferred revenue | 1,730 | 1,666 | 1,708 | 1,264 | 1,210 | 1,049 | |||
| Debt | 175 | 175 | 233 | 1,000 | 313 | 756 | |||
| Other liabilities | 599 | 580 | 703 | 639 | 428 | 587 | |||
| Other undisclosed current liabilities | 12 | 17 | (63) | 8 | 28 | ||||
| Total current liabilities: | 2,648 | 2,563 | 2,849 | 3,065 | 2,136 | 2,622 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8,429 | 9,081 | 9,529 | 2,811 | 3,354 | 3,538 | |||
| Long-term debt, excluding current maturities | 8,429 | 9,081 | 9,529 | 2,736 | 3,288 | 3,465 | |||
| Liabilities, other than long-term debt | 2,498 | 2,220 | 1,369 | 1,160 | 1,371 | 1,565 | |||
| Accounts payable and accrued liabilities | 1,490 | 1,210 | 820 | 996 | 1,119 | 1,310 | |||
| Deferred revenue | 76 | 78 | 80 | 42 | 55 | 27 | |||
| Deferred income tax liabilities | 261 | 265 | 395 | 75 | 137 | 149 | |||
| Other liabilities | 671 | 639 | 43 | 47 | 60 | 79 | |||
| Operating lease, liability | 28 | 31 | 75 | 66 | 73 | ||||
| Total noncurrent liabilities: | 10,927 | 11,301 | 10,898 | 3,971 | 4,725 | 5,103 | |||
| Total liabilities: | 13,575 | 13,864 | 13,747 | 7,036 | 6,861 | 7,725 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,197 | 2,418 | 2,200 | (93) | (500) | 10 | |||
| Accumulated other comprehensive income (loss) | 11 | 19 | (15) | (4) | 47 | (16) | |||
| Retained earnings (accumulated deficit) | (41) | (103) | (585) | (1,940) | (2,776) | (3,330) | |||
| Other undisclosed equity, attributable to parent | 2,227 | 2,502 | 2,800 | 1,851 | 2,229 | 3,356 | |||
| Total equity: | 2,197 | 2,418 | 2,200 | (93) | (500) | 10 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,772 | 16,282 | 15,947 | 6,943 | 6,361 | 7,735 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,812 | 4,103 | 3,338 | 2,796 | 2,551 | 2,490 | ||
| Cost of revenue | (731) | (823) | (589) | (408) | (362) | (393) | ||
| Gross profit: | 3,081 | 3,280 | 2,749 | 2,388 | 2,189 | 2,097 | ||
| Operating expenses | (1,959) | (2,207) | (1,522) | (1,383) | (1,293) | (1,742) | ||
| Operating income: | 1,122 | 1,073 | 1,227 | 1,005 | 896 | 355 | ||
| Nonoperating income (expense) | 6 | (157) | (22) | 163 | 120 | 660 | ||
| Investment income, nonoperating | 629 | |||||||
| Gain (loss), foreign currency transaction, before tax | 3 | (10) | (8) | (2) | 1 | (6) | ||
| Other nonoperating income (expense) | 9 | (9) | (20) | (7) | 6 | 7 | ||
| Interest and debt expense | (669) | (814) | (401) | (126) | (144) | (196) | ||
| Income from continuing operations before income taxes: | 459 | 102 | 804 | 1,042 | 872 | 819 | ||
| Income tax expense (benefit) | 157 | 1,013 | 545 | (206) | (176) | (241) | ||
| Income from continuing operations: | 616 | 1,115 | 1,349 | 836 | 696 | 578 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 836 | 696 | 578 | |
| Net income: | 616 | 1,115 | 1,349 | 836 | 696 | 578 | ||
| Other undisclosed net income (loss) attributable to parent | (142) | 3,309 | ||||||
| Net income available to common stockholders, diluted: | 616 | 1,115 | 1,349 | 836 | 554 | 3,887 | ||
Comprehensive Income ($ in millions)
| 9/30/2024 TTM | 3/31/2024 | 12/31/2023 TTM | 3/31/2023 | 3/31/2022 | 3/31/2021 | 3/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 616 | 1,115 | 1,349 | 836 | 696 | 578 | ||
| Other comprehensive income (loss) | (51) | 63 | (9) | |||||
| Comprehensive income: | 616 | 1,115 | 1,349 | 785 | 759 | 569 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1 | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 26 | 48 | (11) | (142) | 3,308 | |||
| Comprehensive income, net of tax, attributable to parent: | 642 | 1,163 | 1,338 | 785 | 617 | 3,878 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.