Gen Digital (GEN) FY2022 results: revenue $2.8 billion, up 9.6% on the year
Gen Digital Inc. (GEN) reported revenue of $2.8 billion for fiscal 2022, the year ended 1 April 2022, up 9.6% on the year before. Net income was $836 million, up 50.9%, and diluted earnings per share $1.41. The figures are the company's own, from the 10-K it filed with the SEC on 20 May 2022.
Revenue
$2.8 billion
+9.6% on the year
FY2015FY2022
Operating margin
35.9%
35.1% a year earlier
FY2015FY2022
Net income
$836 million
+50.9% on the year
FY2015FY2022
Diluted EPS
$1.41
+53.3% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
974
706
-861
+38.0%
Capital expenditure
6.0
6.0
89.0
0.0%
Free cash flow
968
700
-950
+38.3%
Free cash flow margin
34.6%
27.4%
-38.2%
Cash from investing
326
-69.0
11,379
Cash from financing
-333
-1,903
-10,123
Depreciation and amortisation
140
150
361
-6.7%
Share-based compensation
70.0
81.0
312
-13.6%
Buybacks
0.0
304
1,581
Dividends paid
303
373
7,481
-18.8%
Dividend per share
$0.50
$0.50
$12.40
0.0%
Diluted shares, weighted
591m
600m
643m
-1.5%
Shares outstanding at period end
582m
580m
589m
+0.3%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
-126
-500
10.0
Debt
3,736
3,601
4,221
+3.7%
Operating lease liabilities
75.0
66.0
73.0
+13.6%
Other liabilities
3,258
3,194
3,431
+2.0%
Total liabilities and equity
6,943
6,361
7,735
+9.1%
Fixed assets
60.0
78.0
238
-23.1%
Goodwill
2,873
2,867
2,585
+0.2%
Intangible assets
1,023
1,116
1,067
-8.3%
Investments
4.0
18.0
86.0
-77.8%
Cash and equivalents
1,887
933
2,177
+102.3%
Receivables
120
117
111
+2.6%
Other assets
976
1,232
1,471
-20.8%
Total assets
6,943
6,361
7,735
+9.1%
10-K for the year ended 1 April 2022, filed 20 May 2022: the filing.