Gen Digital Inc.
For the period ended Jan 2, 2026. Filed Feb 6, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jan 2, 2026 · Filed Feb 6, 2026
GEN$30.01+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(Unaudited, in millions)
| Nine Months Ended | ||
|---|---|---|
| January 2, 2026 | December 27, 2024 | |
| OPERATING ACTIVITIES: | ||
| Net income (loss) | $461 | $501 |
| Adjustments: | ||
| Amortization and depreciation | 374 | 315 |
| Impairments and write-offs of current and long-lived assets | — | 2 |
| Stock-based compensation expense | 175 | 97 |
| Loss on sale of Instacash Advances | 146 | — |
| Deferred income taxes | — | (50) |
| Gain on sale of nonfinancial assets | (15) | — |
| Non-cash operating lease expense | 13 | 11 |
| Change in fair value and impairment of non-marketable equity investments | 79 | 30 |
| Legal contract dispute cost | — | 42 |
| Foreign currency remeasurement loss (gain) | 86 | (14) |
| Other | 35 | 10 |
| Changes in operating assets and liabilities, net of acquisitions: | ||
| Accounts receivable, net | (66) | (34) |
| Accounts payable | (52) | 35 |
| Accrued compensation and benefits | 11 | 16 |
| Contract liabilities | (1) | (27) |
| Income taxes payable | (113) | (136) |
| Instacash Advances held for sale, net | (148) | — |
| Other assets | 72 | 75 |
| Other liabilities | 9 | (125) |
| Net cash provided by (used in) operating activities | 1,066 | 748 |
| INVESTING ACTIVITIES: | ||
| Purchases of property and equipment | (19) | (12) |
| Purchase of non-marketable equity investments | — | (4) |
| Payments for acquisitions, net of cash acquired | (876) | — |
| Proceeds from sale of non-marketable equity investments | 13 | — |
| Proceeds from the sale of property | 21 | — |
| Proceeds from sale of nonfinancial assets | 40 | — |
| Other | (1) | (1) |
| Net cash provided by (used in) investing activities | (822) | (17) |
| FINANCING ACTIVITIES: | ||
| Repayments of debt | (660) | (147) |
| Proceeds from issuance of debt, net of issuance costs of $9 million | 741 | — |
| Net proceeds from sales of common stock under employee stock incentive plans | 7 | 6 |
| Tax payments related to vesting of stock units | (52) | (25) |
| Dividends and dividend equivalents paid | (236) | (236) |
| Repurchases of common stock | (434) | (272) |
| Net cash provided by (used in) financing activities | (634) | (674) |
| Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash | 3 | (20) |
| Change in cash, cash equivalents and restricted cash | (387) | 37 |
| Beginning cash, cash equivalents and restricted cash | 1,006 | 846 |
| Ending cash, cash equivalents and restricted cash | $619 | $883 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.