Gen Digital (GEN) Tax Rate (2009 - 2026)
Gen Digital's (GEN) quarterly Tax Rate came in at 23.47% in Q2 2026, down 2705.0% YoY from 0.9% in Q2 2025, and down 38.02% on a QoQ basis from 37.86% in Q1 2026.
Gen Digital (GEN) Tax Rate (2009 - 2026) Analysis & Trends
Gen Digital (GEN) has 18 years of Tax Rate data on file, last reported at 23.47% in Q2 2026.
- Quarterly Tax Rate fell 2705.0% year-over-year to 23.47% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 35.61% (down 191.0% YoY) and the FY2026 annual result came in at 35.61%, down 191.0% from the prior year.
- Tax Rate fell to 23.47% in Q2 2026, from 37.86% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 202.08% in Q3 2023 to a low of 529.37% in Q1 2023.
- A 5-year average of 7.0% and a median of 34.42% in 2024 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate sank 50437 bps — and 2024, when it jumped 56758 bps.
- Tracing GEN's Tax Rate over 5 years: stood at 23.61% in 2022, then retreated by 14 bps to 20.22% in 2023, then increased by 16 bps to 23.56% in 2024, then jumped by 80 bps to 42.49% in 2025, then plunged by 45 bps to 23.47% in 2026.
- The last three Tax Rate figures came in at 23.47% (Q2 2026), 37.86% (Q1 2026), and 42.49% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 24.84% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.42% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -10.34% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 71.11% |
| 10 | Gen Digital | 16.58 Bn | 16.01 Bn | 1.03 Bn | 33.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 33.44% |
| Jul 3, 2026 | 33.44% |
| Jul 3, 2026 | 33.44% |
| Apr 3, 2026 | 23.47% |
| Apr 3, 2026 | 23.47% |
| Apr 3, 2026 | 23.47% |
| Jan 2, 2026 | 37.86% |
| Jan 2, 2026 | 37.86% |
| Jan 2, 2026 | 37.86% |
| Oct 3, 2025 | 42.49% |
| Oct 3, 2025 | 42.49% |
| Oct 3, 2025 | 42.49% |
| Jul 4, 2025 | 55.00% |
| Jul 4, 2025 | 55.00% |
| Jul 4, 2025 | 55.00% |
| Mar 28, 2025 | 50.52% |
| Mar 28, 2025 | 50.52% |
| Mar 28, 2025 | 50.52% |
| Dec 27, 2024 | 23.56% |
| Dec 27, 2024 | 23.56% |