Gen Digital Inc
For the period ended Mar 29, 2024. Filed May 16, 2024.
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FY2024 · Filed May 16, 2024
GEN$29.80+0.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In millions, except per share amounts)
| Year Ended | |||
|---|---|---|---|
| March 29, 2024 | March 31, 2023 | April 1, 2022 | |
| Net revenues | $3,812 | $3,338 | $2,796 |
| Cost of revenues | 731 | 589 | 408 |
| Gross profit | 3,081 | 2,749 | 2,388 |
| Operating expenses: | |||
| Sales and marketing | 733 | 682 | 622 |
| Research and development | 332 | 313 | 253 |
| General and administrative | 604 | 286 | 392 |
| Amortization of intangible assets | 233 | 172 | 85 |
| Restructuring and other costs | 57 | 69 | 31 |
| Total operating expenses | 1,959 | 1,522 | 1,383 |
| Operating income (loss) | 1,122 | 1,227 | 1,005 |
| Interest expense | (669) | (401) | (126) |
| Other income (expense), net | 6 | (22) | 163 |
| Income (loss) before income taxes | 459 | 804 | 1,042 |
| Income tax expense (benefit) | (157) | (545) | 206 |
| Net income (loss) | $616 | $1,349 | $836 |
| Net income (loss) per share - basic | $0.97 | $2.20 | $1.44 |
| Net income (loss) per share - diluted | $0.96 | $2.16 | $1.41 |
| Weighted-average shares outstanding: | |||
| Basic | 637 | 614 | 581 |
| Diluted | 642 | 624 | 591 |
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