Gen reported third quarter results for fiscal 2026 with non-GAAP earnings of $0.64 per share, surpassing consensus estimates by $0.01 and representing a 14% year-over-year increase. Net bookings rose 27% to $1.319 billion, while non-GAAP revenue climbed 26% to $1.240 billion. On a GAAP basis, revenue also reached $1.240 billion (up 26%), operating income was $433 million (up 16%), and GAAP diluted EPS was $0.31 (up 22%). Year-to-date free cash flow of $1.047 billion marked a 42% improvement over the prior year period.

As of January 2, 2026, Gen held $619 million in cash and cash equivalents, down from $1.006 billion at March 28, 2025, largely reflecting $700 million of capital returned to shareholders during the quarter. Accounts receivable increased to $361 million, and total current assets stood at $1.253 billion. Long-term debt rose slightly to $8.167 billion, while total stockholders’ equity grew to $2.332 billion. Operating cash flow for the first nine months reached $1.066 billion (up 43%), underscoring the business’s strong cash generation capability.

Gen raised its full-year fiscal 2026 non-GAAP revenue outlook to a range of $4.955 billion–$4.975 billion (previously $4.920 billion–$4.970 billion) and lifted EPS guidance to $2.54–$2.56 (from $2.51–$2.56). For the fourth quarter, management expects non-GAAP revenue of $1.24 billion–$1.26 billion and EPS of $0.64–$0.66. The board approved a quarterly cash dividend of $0.125 per share, payable March 11, 2026, to holders of record as of February 16, 2026, reflecting confidence in ongoing free cash flow generation and commitment to returning capital to shareholders.