Gen Digital Inc. has reported its financial results for the fiscal year 2025. The company saw its net revenues remain consistent at 100% compared to the previous year. However, there was a slight increase in the cost of revenues, which rose from 19% in fiscal 2024 to 20% in fiscal 2025. Despite this increase, the gross profit was recorded at 80%, a slight decrease from the previous year's 81%. Operating expenses showed a notable improvement, decreasing from 52% in fiscal 2024 to 39% in fiscal 2025. This reduction was primarily driven by lower general and administrative expenses, which fell from 16% to 7%, and a decrease in amortization of intangible assets from 6% to 4%. The company also reported no restructuring or impairment costs in the current fiscal year, compared to 2% and 0% respectively in the previous year. Operating income saw a significant increase, rising from 29% in fiscal 2024 to 41% in fiscal 2025. Income before income taxes improved to 26% from 12% the previous year. The income tax expense also shifted from a benefit of 4% in the prior year to an expense of 10% in fiscal 2025. Regionally, the Americas contributed 66% to net revenues, up from 65% in fiscal 2024. EMEA remained steady at 24%, while the APJ region experienced a slight decrease from 11% to 10%.
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