Gen Digital (GEN) risk factors: FY2026 10-K

1. If we are unable to develop new and enhanced solutions and products, or continually improve the performance, features, and reliability of our existing solutions and products, our business and operating results could be adversely affected.reworded
2. We operate in a highly competitive and dynamic environment, and if we are unable to compete effectively, we could experience a loss in market share and a reduction in revenue.
3. Issues in the development and deployment of AI, including generative AI and emerging AI-enabled cyber threats, could expose us to regulatory, privacy, IP, cybersecurity, operational and reputational risks.newAICybersecurity
4. Our acquisitions and divestitures create special risks and challenges that could adversely affect our financial results.
5. Our revenue and operating results depend significantly on our ability to retain our existing customers and increase their adoption of our offerings, convert existing non-paying customers to paying customers, and add new customers.reworded
6. We may need to change our pricing models to compete successfully.
7. If we fail to manage our sales and distribution channels effectively, if our partners choose not to market and sell our solutions to their customers, or if we have an adverse change in our relationships with key third-party partners, service providers or vendors, our operating results could be materially and adversely affected.
8. Changes in industry structure and market conditions have and may continue to lead to charges related to discontinuance of certain products or businesses and asset impairments.reworded

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1. Our international operations involve risks that could increase our expenses, adversely affect our operating results and require increased time and attention from management.reworded
2. Our future success depends on our ability to attract and retain personnel in a competitive marketplace.
3. If we fail to offer high-quality customer support, our customer satisfaction may suffer and have a negative impact on our business and reputation.
4. If the information provided to us by customers or other third parties is incorrect or fraudulent, we may misjudge a customer’s qualifications to receive our products and services and our results of operations may be harmed and could subject us to regulatory scrutiny or penalties.
5. Our solutions, systems, websites and the data on these sources have been and may continue to be subject to cybersecurity events that could materially harm our reputation and future sales.rewordedCybersecurity
6. We collect, use, disclose, store or otherwise process personal information and other sensitive data, which is subject to stringent and changing state and federal laws and regulations.
7. Our inability to successfully recover from a disaster or other business continuity event could impair our ability to deliver our products and services and harm our business.
8. We are dependent upon Broadcom for certain engineering and threat response services, which are critical to many of our products and business.
9. Our solutions are complex and operate in a wide variety of environments, systems and configurations, which could result in failures of our solutions to function as designed.
10. Negative publicity regarding our brand, solutions and business could harm our competitive position.
11. Our reputation and/or business could be negatively impacted by sustainability and governance matters and/or our reporting of such matters.
12. We are affected by seasonality, which has in the past and may in the future impact our revenue and results of operations.reworded

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1. Our solutions are highly regulated, which could impede our ability to market and provide our solutions, increase regulatory scrutiny or adversely affect our business, financial position, results of operations and cash flows.reworded
2. The legal and regulatory regimes governing certain of our products and services are uncertain and evolving.new
3. If we fail to operate in compliance with state or local licensing requirements, it could adversely affect our business, financial condition, results of operations and cash flows.new
4. If loans made by our lending subsidiaries in our consumer lending business are found to violate applicable federal or state interest rate limits or other provisions of applicable consumer lending, consumer protection or other laws, it could adversely affect our business, financial condition, results of operations and cash flows.rewordedInterest rates
5. If we do not protect our proprietary information and prevent third parties from making unauthorized use of our products and technology, our financial results could be harmed.
6. From time to time, we are party to lawsuits and investigations, which have previously and could in the future require significant management time and attention, cause us to incur significant legal expenses and prevent us from selling our products.reworded
7. Third parties have claimed and additional third parties in the future may claim that we infringe their proprietary rights.
8. Some of our products contain “open source” software, and any failure to comply with the terms of one or more of these open source licenses could negatively affect our business.

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1. Our substantial indebtedness and related debt obligations could limit our financial and operating flexibility and increase our vulnerability to adverse business and economic conditions.new
2. Our Amended Credit Agreement imposes operating and financial restrictions on us.
3. The failure of financial institutions or transactional counterparties could adversely affect our current and projected business operations and our financial condition and result of operations.
4. We rely on a variety of funding sources to support our business model. If our existing funding arrangements are not renewed or replaced or our existing funding sources are unwilling or unable to provide funding to us on terms acceptable to us, or at all, it could have a material adverse effect on our business, financial condition, results of operations and cash flows.

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1. Adverse macroeconomic conditions have adversely affected and may continue to adversely affect the consumer finance industry and our MoneyLion business.new
2. Fluctuations in our quarterly financial results have affected the trading price of our stock in the past and could affect the trading price of our stock in the future.
3. We may be required to issue shares under our contingent value rights agreement.reworded

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1. Changes to our effective tax rate, including through the adoption of new tax legislation or exposure to additional income tax liabilities, could increase our income tax expense and reduce (increase) our net income (loss), cash flows and working capital. In addition, audits by tax authorities could result in additional tax payments for prior periods.
2. Our corporate and legal entity structure and intercompany arrangements are subject to the tax laws of various jurisdictions, and we could be obligated to pay additional taxes, which would harm our results of operations.

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Headings in the FY2025 10-K with no match this year.

1. Issues in the development and deployment of artificial intelligence (“AI”) may result in reputational harm and legal liability and could adversely affect our results of operations.
2. The legal and regulatory regimes governing certain of our products and services are uncertain and evolving. Changing or new laws, regulations, interpretations or regulatory enforcement priorities may have a material and adverse effect on our business, financial condition, results of operations and cash flows.
3. The regulatory regime governing blockchain technologies and digital assets is uncertain, and new laws, regulations or policies may alter our business practices with respect to digital assets.
4. States may require that we obtain licenses that apply to blockchain technologies and digital assets.
5. There are risks associated with our outstanding and future indebtedness that could adversely affect our financial condition.
6. Hedging or other mitigation actions to mitigate against interest rate exposure may adversely affect our earnings, limit our gains or result in losses, which could adversely affect cash available for distributions.
7. Adverse macroeconomic conditions and government efforts to combat inflation, along with other interest rate pressures arising from an inflationary economic environment, have led to and may continue to lead to higher financing costs and may particularly have negative effects on the consumer finance industry and our MoneyLion business.