GEN FY 2020 Earnings Report — Gen Digital Inc. Revenue & Financial Results | Market Cap Arena

Gen Digital Inc.GEN

FY 2020 Earnings

Reported May 28, 2020

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2020	Prior Q	FY 2019	QoQ Change	YoY Change
Revenue	$2.5B	—	—	—	—
Op. Income	$355M	—	—	—	—
Gross Margin	84.2%	—	—	—	—
Net Margin	156.1%	—	—	—	—
EPS (Diluted)	$0.90	—	—	—	—
Free Cash Flow	-$950M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$393M
GROSS PROFIT	$2.1B
R&D Expenses	$328M
Selling & Marketing	$701M
General & Administrative	$368M
SG&A Expenses	$1.1B
Other Expenses	$345M
Operating Expenses	$1.7B
Cost & Expenses	$2.1B
OPERATING INCOME	$355M
Interest Income	$80M
Interest Expense	$196M
Other Income/Expenses	$464M
INCOME BEFORE TAX	$819M
Income Tax Expense	$241M
Net Income from Continuing Ops	$578M
Net Income from Discontinued Ops	$3.3B
Other Adjustments	$0
NET INCOME	$3.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.9B
D&A	$361M
EBIT	$1.0B
EBITDA	$1.4B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$2.5B
Cost of Revenue	$393M
GROSS PROFIT	$2.1B
R&D Expenses	$328M
Selling & Marketing	$701M
General & Administrative	$368M
SG&A Expenses	$1.1B
Other Expenses	$345M
Operating Expenses	$1.7B
Cost & Expenses	$2.1B
OPERATING INCOME	$355M
Interest Income	$80M
Interest Expense	$196M
Other Income/Expenses	$464M
INCOME BEFORE TAX	$819M
Income Tax Expense	$241M
Net Income from Continuing Ops	$578M
Net Income from Discontinued Ops	$3.3B
Other Adjustments	$0
NET INCOME	$3.9B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$3.9B
D&A	$361M
EBIT	$1.0B
EBITDA	$1.4B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$3.9B
Depreciation & Amortization	$361M
Stock-Based Compensation	$312M
Deferred Income Tax	$16M
Other Non-Cash Items	-$5.9B
Change in Working Capital	$485M
OPERATING CASH FLOW	-$861M
Capital Expenditure	-$89M
Acquisitions (Net)	$11.3B
Purchases of Investments	$0
Sales/Maturities of Investments	$167M
Other Investing Activities	$3M
NET CASH FROM INVESTING	$11.4B
Net Debt Issuance	-$568M
Common Stock Repurchased	-$1.6B
Common Dividends Paid	-$7.5B
Other Financing Activities	-$493M
NET CASH FROM FINANCING	-$10.1B
FREE CASH FLOW	-$950M
Net Change in Cash	$386M

Balance Sheet

Item	Amount
Cash & Equivalents	$2.2B
Short-Term Investments	$86M
Net Receivables	$199M
Inventory	$0
Other Current Assets	$507M
TOTAL CURRENT ASSETS	$3.1B
PP&E (Net)	$326M
Goodwill	$2.6B
Intangible Assets	$1.1B
Long-Term Investments	$187M
Tax Assets	$387M
Other Non-Current Assets	$104M
TOTAL NON-CURRENT ASSETS	$4.7B
TOTAL ASSETS	$7.7B
Account Payables	$87M
Short-Term Debt	$784M
Deferred Revenue	$1.0B
Other Current Liabilities	$392M
TOTAL CURRENT LIABILITIES	$2.6B
Long-Term Debt	$3.5B
Deferred Revenue NC	$27M
Deferred Tax Liabilities	$149M
Other Non-Current Liabilities	$1.4B
TOTAL NON-CURRENT LIABILITIES	$5.1B
TOTAL LIABILITIES	$7.7B
Common Stock	$3.4B
Additional Paid-In Capital	$0
Retained Earnings	-$3.3B
Treasury Stock	$0
Accum. Other Comp. Income	-$16M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$10M
Minority Interest	$0
TOTAL EQUITY	$10M
TOTAL LIABILITIES & EQUITY	$7.7B
Total Debt	$4.3B
Net Debt	$2.1B