Gen Digital Inc.
For the period ended Mar 28, 2025. Filed May 15, 2025.
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FY2025 · Filed May 15, 2025
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 28, 2025 | March 29, 2024 | March 31, 2023 | |
| Net revenues | $3,935 | $3,800 | $3,317 |
| Cost of revenues | 776 | 731 | 589 |
| Gross profit | 3,159 | 3,069 | 2,728 |
| Operating expenses: | |||
| Sales and marketing | 745 | 733 | 682 |
| Research and development | 329 | 332 | 313 |
| General and administrative | 291 | 604 | 286 |
| Amortization of intangible assets | 174 | 233 | 172 |
| Restructuring and other costs | 7 | 57 | 69 |
| Impairment of intangible assets | 3 | — | — |
| Total operating expenses | 1,549 | 1,959 | 1,522 |
| Operating income (loss) | 1,610 | 1,110 | 1,206 |
| Interest expense | (578) | (669) | (401) |
| Other income (expense), net | (3) | 6 | (22) |
| Income (loss) before income taxes | 1,029 | 447 | 783 |
| Income tax expense (benefit) | 386 | (160) | (551) |
| Net income (loss) | $643 | $607 | $1,334 |
| Net income (loss) per share - basic | $1.04 | $0.95 | $2.17 |
| Net income (loss) per share - diluted | $1.03 | $0.95 | $2.14 |
| Weighted-average shares outstanding: | |||
| Basic | 617 | 637 | 614 |
| Diluted | 624 | 642 | 624 |
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