Technology
Gen Delivers Another Double-Digit Growth Quarter in Q2 FY27 and Raises FY27 Outlook
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2 days agoon
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TEMPE, Ariz. and PRAGUE, Oct. 28, 2026 /PRNewswire/ — Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, released its results for its second quarter fiscal year 2027, which ended October 2, 2026.
“We delivered our sixth consecutive quarter of double-digit bookings growth,” said Vincent Pilette, CEO of Gen. “We reached a record high customer count, alongside strong product engagement and retention. Innovation across our brands and continued investment in our platform are resonating with consumers. We’re building on that momentum to expand how we help people protect and manage their digital and financial lives in an increasingly agentic AI world.”
Q2 Fiscal Year 2027 Financial Highlights
Q2 GAAP Results
Revenue of $1.369 billion, up 12% Operating income of $507 million, up 16%Diluted EPS of $0.48, up 122%Year-to-date operating cash flow of $760 million, up 45%
Q2 Non-GAAP Results
Bookings of $1.347 billion, up 10%Revenue of $1.369 billion, up 12%Operating income of $686 million, up 10%Diluted EPS of $0.74, up 19%Year-to-date free cash flow of $753 million, up 47%
“Our second quarter results reflect the durability of our business model and continued momentum across both segments,” said Natalie Derse, CFO of Gen. “Customer demand is strong, and we remain disciplined about investment, efficiency and profitable growth. That balance gives us the confidence to invest in our highest potential opportunities and raise full-year guidance again. We remain focused on consistent execution and lasting value for customers and shareholders.”
Non-GAAP Q3 Fiscal Year 2027 Guidance
Q3 FY27 Revenue expected to be in the range of $1.365 billion to $1.390 billionQ3 FY27 EPS expected to be in the range of $0.73 to $0.75
Raises Non-GAAP Fiscal Year 2027 Guidance
FY27 Revenue expected to be in the range of $5.465 billion to $5.515 billion, compared to prior guidance of $5.375 billion to $5.475 billionFY27 EPS expected to be in the range of $2.93 to $2.98, compared to prior guidance of $2.87 to $2.97
Quarterly Cash Dividend
Gen’s Board of Directors has approved a regular quarterly cash dividend of $0.125 per common share to be paid on December 9, 2026, to all shareholders of record as of the close of business on November 16, 2026.
Q2 Fiscal Year 2027 Earnings Call
October 28, 2026
2 p.m. PT / 5 p.m. ET
Webcast & Dial-in instructions at Investor.GenDigital.com. A replay will be posted following the call. For additional details regarding Gen’s results and outlook, please see the Financials section of the Investor Relations website at Investor.GenDigital.com.
About Gen
Gen (NASDAQ: GEN) is a global company dedicated to powering Digital Freedom. Through its trusted brands including Norton, Avast, LifeLock, MoneyLion and Engine, Gen helps people protect and take control of their digital and financial lives. As AI reshapes how people discover, decide and transact, Gen is building the security and trust layer to empower people and their agents to navigate digital life more safely. Gen empowers nearly 500 million users in more than 150 countries through its products and services that span cybersecurity, online privacy, identity protection and financial wellness. Learn more at GenDigital.com.
Forward-Looking Statements
This press release contains statements which may be considered forward-looking within the meaning of the U.S. federal securities laws. In some cases, you can identify these forward-looking statements by the use of terms such as “expect,” “will,” “continue,” or similar expressions, and variations or negatives of these words, but the absence of these words does not mean that a statement is not forward-looking. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to, the quotes under “Q2 Fiscal Year 2027 Financial Highlights” including expectations relating to achievement of long-term objectives, and the statements under “Non-GAAP Q3 Fiscal Year 2027 Guidance” and “Non-GAAP Fiscal Year 2027 Guidance” including expectations relating to Q3 Fiscal Year 2027 and Fiscal Year 2027 non-GAAP revenue and non-GAAP EPS, and any statements of assumptions underlying any of the foregoing. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied in this press release. Such risk factors include, but are not limited to, those related to: the consummation of or anticipated impacts of acquisitions (including our ability to achieve synergies and associated cost savings from any such acquisitions); divestitures, restructurings, stock repurchases, financings, debt repayments and investment activities; the outcome or impact of pending litigation, claims or disputes; difficulties in executing the operating model for the consumer Cyber Safety business; lower than anticipated returns from our investments in direct customer acquisition; difficulties in retaining our existing customers and converting existing non-paying customers to paying customers; difficulties and delays in reducing run rate expenses and monetizing underutilized assets; the successful development of new products and upgrades and the degree to which these new products and upgrades gain market acceptance; our ability to maintain our customer and partner relationships; the anticipated growth of certain market segments; fluctuations and volatility in our stock price; our ability to successfully execute strategic plans; the vulnerability of our solutions, systems, websites and data to intentional disruption by third parties; changes to existing accounting pronouncements or taxation rules or practices; and general business and macroeconomic changes in the U.S. and worldwide, including economic recessions, the impact of inflation, fluctuations in foreign currency exchange rates, changes in interest rates or tax rates, and ongoing and new geopolitical conflicts, and other global macroeconomic factors on our operations and financial performance. Additional information concerning these and other risk factors is contained in the Risk Factors sections of our most recent reports on Form 10-K and Form 10-Q. We encourage you to read those sections carefully. There may also be other factors that have not been anticipated or are not described in our periodic filings, generally because we did not believe them to be significant at the time, which could cause actual results to differ materially from our projections and expectations. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. We assume no obligation, and do not intend, to update these forward-looking statements as a result of future events or developments.
Use of Non-GAAP Financial Information
We use non-GAAP measures of operating margin, operating income, net income and earnings per share, which are adjusted from results based on GAAP and exclude certain expenses, gains and losses. We also provide the non-GAAP metrics of revenues, and constant currency revenues. These non-GAAP financial measures are provided to enhance the user’s understanding of our past financial performance and our prospects for the future, and to provide more meaningful comparisons of our current results to our historical performance by adjusting items that affect comparability between periods. Our management team uses these non-GAAP financial measures in assessing Gen’s performance, as well as in planning and forecasting future periods. These non-GAAP financial measures are not computed according to GAAP and the methods we use to compute them may differ from the methods used by other companies. Non-GAAP financial measures are supplemental, should not be considered a substitute for financial information presented in accordance with GAAP and should be read only in conjunction with our condensed consolidated financial statements prepared in accordance with GAAP. Readers are encouraged to review the reconciliation of our non-GAAP financial measures to the comparable GAAP results, which is attached to our quarterly earnings release, and which can be found, along with other financial information including the Earnings Presentation, on the investor relations page of our website at Investor.GenDigital.com. No reconciliation of the forecasted range for non-GAAP revenues and EPS guidance is included in this release because most non-GAAP adjustments pertain to events that have not yet occurred. It would be unreasonably burdensome to forecast, therefore we are unable to provide an accurate estimate.
GEN DIGITAL INC.
Condensed Consolidated Balance Sheets
(Unaudited, in millions)
October 2, 2026
April 3, 2026
ASSETS
Current assets:
Cash, cash equivalents and restricted cash
$ 589
$ 411
Accounts receivable, net
398
361
Other current assets
295
295
Assets held for sale
16
14
Total current assets
1,298
1,081
Property and equipment, net
69
71
Intangible assets, net
1,927
2,096
Goodwill
10,930
10,996
Deferred income tax assets
1,143
1,153
Other long-term assets
181
192
Total assets
$ 15,548
$ 15,589
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)
Current liabilities:
Accounts payable
$ 82
$ 96
Accrued compensation and benefits
79
115
Current portion of long-term debt
1,080
181
Contract liabilities
1,823
1,904
Other current liabilities
417
414
Total current liabilities
3,481
2,710
Long-term debt
7,036
8,015
Long-term contract liabilities
76
73
Deferred income tax liabilities
178
198
Long-term income taxes payable
1,625
1,588
Other long-term liabilities
411
394
Total liabilities
12,807
12,978
Total stockholders’ equity (deficit)
2,741
2,611
Total liabilities and stockholders’ equity (deficit)
$ 15,548
$ 15,589
GEN DIGITAL INC.
Condensed Consolidated Statements of Operations
(Unaudited, in millions, except per share amounts)
Three Months Ended
Six Months Ended
October 2, 2026
October 3, 2025
October 2, 2026
October 3, 2025
Net revenues
$ 1,369
$ 1,220
$ 2,705
$ 2,477
Cost of revenues
330
266
637
533
Gross profit
1,039
954
2,068
1,944
Operating expenses:
Sales and marketing
298
297
598
594
Research and development
112
100
230
209
General and administrative
66
60
146
134
Amortization of intangible assets
56
55
112
109
Restructuring and other costs
—
4
32
14
Total operating expenses
532
516
1,118
1,060
Operating income (loss)
507
438
950
884
Interest expense
(123)
(146)
(247)
(302)
Other income (expense), net
2
(59)
6
(49)
Income (loss) before income taxes
386
233
709
533
Income tax expense (benefit)
99
99
207
264
Net income (loss)
$ 287
$ 134
$ 502
$ 269
Net income (loss) per share – basic
$ 0.48
$ 0.22
$ 0.84
$ 0.44
Net income (loss) per share – diluted
$ 0.48
$ 0.21
$ 0.83
$ 0.43
Weighted-average shares outstanding:
Basic
596
616
598
617
Diluted
603
624
603
624
GEN DIGITAL INC.
Condensed Consolidated Statements of Cash Flows
(Unaudited, in millions)
Three Months Ended
Six Months Ended
October 2, 2026
October 3, 2025
October 2, 2026
October 3, 2025
OPERATING ACTIVITIES:
Net income (loss)
$ 287
$ 134
$ 502
$ 269
Adjustments:
Amortization and depreciation
122
125
245
248
Stock-based compensation expense
56
56
110
122
Loss on sale of Instacash Advances
69
55
129
91
Deferred income taxes
(16)
(17)
(25)
(6)
Loss on sale of property
—
—
—
1
Non-cash operating lease expense
4
5
8
9
Change in fair value and impairment of non-marketable equity
investments
—
69
—
69
Foreign currency remeasurement loss (gain)
(17)
3
(18)
89
Other
14
11
23
21
Changes in operating assets and liabilities, net of acquisitions:
Accounts receivable, net
(21)
(13)
(34)
(3)
Accounts payable
(15)
(9)
(14)
(57)
Accrued compensation and benefits
4
12
(35)
(9)
Contract liabilities
(24)
(3)
(80)
(72)
Income taxes payable
(35)
(225)
40
(164)
Instacash Advances held for sale, net
(45)
(44)
(131)
(91)
Other assets
8
7
5
65
Other liabilities
(65)
(50)
35
(57)
Net cash provided by (used in) operating activities
326
116
760
525
INVESTING ACTIVITIES:
Purchases of property and equipment
(3)
(9)
(7)
(13)
Payments for acquisitions, net of cash acquired
—
—
—
(876)
Payments for originations of notes receivable
(88)
—
(173)
—
Proceeds from principal repayments of notes receivable
81
—
158
—
Proceeds from sale of non-marketable equity investments
—
4
—
4
Proceeds from the sale of property
—
—
—
9
Other
—
(2)
(3)
(4)
Net cash provided by (used in) investing activities
(10)
(7)
(25)
(880)
FINANCING ACTIVITIES:
Repayments of debt
(45)
(169)
(90)
(360)
Proceeds from issuance of debt, net of issuance costs (1)
—
—
—
741
Net proceeds from sales of common stock under employee
stock incentive plans
7
7
7
7
Tax payments related to vesting of stock units
(3)
(3)
(44)
(47)
Dividends and dividend equivalents paid
(76)
(77)
(157)
(159)
Repurchases of common stock
(171)
—
(271)
(134)
Other
(1)
—
(1)
—
Net cash provided by (used in) financing activities
(289)
(242)
(556)
48
Effect of exchange rate fluctuations on cash, cash equivalents
and restricted cash
(2)
6
(1)
2
Change in cash, cash equivalents and restricted cash
25
(127)
178
(305)
Beginning cash, cash equivalents and restricted cash
564
828
411
1,006
Ending cash, cash equivalents and restricted cash
$ 589
$ 701
$ 589
$ 701
_____________________
(1)
Issuance costs paid for issuance of debt for the six months ended October 3, 2025 were $9 million.
GEN DIGITAL INC.
Reconciliation of Selected GAAP Measures to Non-GAAP Measures (1) (2)
(Unaudited, in millions, except per share amounts)
Three Months Ended
October 2, 2026
October 3, 2025
Operating income (loss)
$ 507
$ 438
Stock-based compensation
56
55
Amortization of intangible assets
118
121
Restructuring and other costs
—
4
Acquisition and integration costs
3
2
Litigation costs
2
2
Other
—
1
Operating income (loss) (Non-GAAP)
$ 686
$ 623
Operating margin
37.0 %
35.9 %
Operating margin (Non-GAAP)
50.1 %
51.1 %
Net income (loss)
$ 287
$ 134
Adjustments to net income (loss):
Stock-based compensation
56
55
Amortization of intangible assets
118
121
Restructuring and other costs
—
4
Acquisition and integration costs
3
2
Litigation costs
2
2
Other
—
3
Non-cash interest expense
5
7
Change in fair value and impairment of non-marketable equity investments
—
69
Total adjustments to GAAP income (loss) before income taxes
184
263
Adjustment to GAAP provision for income taxes
(27)
(10)
Total adjustment to income (loss), net of taxes
157
253
Net income (loss) (Non-GAAP)
$ 444
$ 387
Diluted net income (loss) per share
$ 0.48
$ 0.21
Adjustments to diluted net income (loss) per share:
Stock-based compensation
0.09
0.09
Amortization of intangible assets
0.20
0.19
Restructuring and other costs
—
0.01
Acquisition and integration costs
0.00
0.00
Litigation costs
0.00
0.00
Other
—
0.00
Non-cash interest expense
0.01
0.01
Change in fair value and impairment of non-marketable equity investments
—
0.11
Total adjustments to GAAP income (loss) before income taxes
0.31
0.42
Adjustment to GAAP provision for income taxes
(0.04)
(0.02)
Total adjustment to income (loss), net of taxes
0.26
0.41
Diluted net income (loss) per share (Non-GAAP)
$ 0.74
$ 0.62
Diluted weighted-average shares outstanding
603
624
Diluted weighted-average shares outstanding (Non-GAAP)
603
624
Six Months Ended
October 2, 2026
October 3, 2025
Net cash provided by (used in) operating activities
$ 760
$ 525
Adjustments to net cash provided by (used in) operating activities:
Purchases of property and equipment
(7)
(13)
Free cash flow (Non-GAAP)
$ 753
$ 512
__________________________
(1)
This presentation includes non-GAAP measures. Non-GAAP financial measures are supplemental and should not be considered a substitute for financial information presented in accordance with GAAP. For a detailed explanation of these non-GAAP measures, see Appendix A.
(2)
Amounts may not add due to rounding.
GEN DIGITAL INC.
Performance Metrics
(Unaudited, in millions)
Performance Metrics
Three Months Ended
October 2, 2026
October 3, 2025
Cyber Safety Platform
$ 858
$ 814
Trust-Based Solutions
511
406
Total net revenues
$ 1,369
$ 1,220
Direct revenues
$ 1,074
$ 1,010
Partner revenues
295
210
Total net revenues
$ 1,369
$ 1,220
Total bookings
$ 1,347
$ 1,222
As of
October 2, 2026
October 3, 2025
Total paid customers
83
77
GEN DIGITAL INC.
Appendix A
Explanation of Non-GAAP Measures and Other Items
Objective of non-GAAP measures: We believe our presentation of non-GAAP financial measures, when taken together with corresponding GAAP financial measures, provides meaningful supplemental information regarding the Company’s operating performance for the reasons discussed below. Our management team uses these non-GAAP financial measures in assessing our performance, as well as in planning and forecasting future periods. Due to the importance of these measures in managing the business, we use non-GAAP measures in the evaluation of management’s compensation. These non-GAAP financial measures are not computed according to GAAP and the methods we use to compute them may differ from the methods used by other companies. Non-GAAP financial measures are supplemental and should not be considered a substitute for financial information presented in accordance with GAAP and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP.
Stock-based compensation: This consists of expenses for employee restricted stock units, performance-based awards, stock options and our employee stock purchase plan, determined in accordance with GAAP. We evaluate our performance both with and without these measures because stock-based compensation is a non-cash expense and can vary significantly over time based on the timing, size, nature and design of the awards granted, and is influenced in part by certain factors that are generally beyond our control, such as the volatility of the market value of our common stock. In addition, for comparability purposes, we believe it is useful to provide a non-GAAP financial measure that excludes stock-based compensation to facilitate the comparison of our results to those of other companies in our industry.
Amortization of intangible assets: Amortization of intangible assets consists of amortization of acquisition-related intangible assets such as developed technology, customer relationships and trade names acquired in connection with business combinations. We record charges relating to the amortization of these intangibles within both cost of revenues and operating expenses in our GAAP financial statements. Under purchase accounting, we are required to allocate a portion of the purchase price to intangible assets acquired and amortize this amount over the estimated useful lives of the acquired intangible assets. However, the purchase price allocated to these assets is not necessarily reflective of the cost we would incur to internally develop the intangible asset. Further, amortization charges for our acquired intangible assets are inconsistent in size and are significantly impacted by the timing and valuation of our acquisitions. We eliminate these charges from our non-GAAP operating results to facilitate an evaluation of our current operating performance and provide better comparability to our past operating performance.
Restructuring and other costs: Restructuring charges are costs associated with a formal restructuring plan and are primarily related to employee severance and benefit arrangements, contract termination costs, and assets write-offs, as well as other exit and disposal costs. Included in other exit and disposal costs are costs to exit and consolidate facilities in connection with restructuring events. We exclude restructuring and other costs from our non-GAAP results as we believe that these costs are incremental to core activities that arise in the ordinary course of our business and do not reflect our current operating performance, and that excluding these charges facilitates a more meaningful evaluation of our current operating performance and comparisons to our past operating performance.
Acquisition-related and integration costs: These represent the transaction and business integration costs related to significant acquisitions that are charged to operating expense in our GAAP financial statements. These costs include incremental expenses incurred to affect these business combinations such as advisory, legal, accounting, valuation, and other professional or consulting fees. We exclude these costs from our non-GAAP results as they have no direct correlation to the operation of our business, and because we believe that the non-GAAP financial measures excluding these costs provide meaningful supplemental information regarding the spending trends of our business. In addition, these costs vary, depending on the size and complexity of the acquisitions, and are not indicative of costs of future acquisitions.
Litigation costs: We may periodically incur charges or benefits related to litigation settlements, legal contingency accruals and third-party legal costs related to certain legal matters. We exclude these charges and benefits when associated with a significant matter because we do not believe they are reflective of ongoing business and operating results.
Non-cash interest expense and amortization of debt issuance costs: In accordance with GAAP, we separately account for the value of the conversion feature on our convertible notes as a debt discount that reflects our assumed non-convertible debt borrowing rates. We amortize the discount and debt issuance costs over the term of the related debt. We exclude the difference between the imputed interest expense, which includes the amortization of the conversion feature and of the issuance costs, and the coupon interest payments. We extinguished our remaining convertible debt on August 15, 2022. During fiscal 2023, we also started amortizing the debt issuance costs associated with our senior credit facilities, which were secured upon close of the acquisition of Avast. We believe that excluding these costs provides meaningful supplemental information regarding the cash cost of our debt instruments and enhances investors’ ability to view the Company’s results from management’s perspective.
Gain (loss) on extinguishment of debt: We record gains or losses on extinguishment of debt. Gains or losses represent the difference between the fair value of the exchange consideration and the carrying value of the liability component of the debt at the date of extinguishment. We exclude the gain or loss on debt extinguishment in our non-GAAP results because they are not reflective of our ongoing business.
Change in fair value and impairment of non-marketable equity investments: We record gains or losses, unrealized and realized, on equity investments in privately-held companies. We exclude the net gains or losses because we do not believe they are reflective of our ongoing business.
Gain (loss) on sale of properties and nonfinancial assets: We periodically recognize gains or losses from the disposition of land, buildings and nonfinancial assets. We exclude such gains or losses because they are not reflective of our ongoing business and operating results.
Income tax effects and adjustments: We use a non-GAAP tax rate that excludes (1) the discrete impacts of changes in tax legislation, (2) most other significant discrete items, (3) unrealized gains or losses from remeasurement of foreign currency denominated deferred tax items and uncertain tax benefits, and (4) the income tax effects of the non-GAAP adjustment to our operating results described above. We believe making these adjustments facilitates a better evaluation of our current operating performance and comparisons to past operating results. Our tax rate is subject to change for a variety of reasons, such as significant changes in the geographic earnings mix due to acquisition and divestiture activities or fundamental tax law changes in major jurisdictions where we operate.
Diluted GAAP and non-GAAP weighted-average shares outstanding: Diluted GAAP and non-GAAP weighted-average shares outstanding are generally the same, except in periods when there is a GAAP loss from continuing operations. In accordance with GAAP, we do not present dilution for GAAP in periods in which there is a loss from continuing operations. However, if there is non-GAAP net income, we present dilution for non-GAAP weighted-average shares outstanding in an amount equal to the dilution that would have been presented had there been GAAP income from continuing operations for the period.
Bookings: Bookings are defined as customer orders received that are expected to generate net revenues in the future. We present the operational metric of bookings because it reflects customers’ demand for our products and services and to assist readers in analyzing our performance in future periods.
Free cash flow: Free cash flow is defined as cash flows from operating activities less purchases of property and equipment. Free cash flow is not a measure of financial condition under GAAP and does not reflect our future contractual commitments and the total increase or decrease of our cash balance for a given period, and thus should not be considered as an alternative to cash flows from operating activities or as a measure of liquidity.
(Unlevered) Free cash flow: Free cash flow is defined as cash flows from operating activities less purchases of property and equipment. Unlevered free cash flow excludes cash interest expense payments, net of payments received through interest rate swap hedges. Free cash flow is not a measure of financial condition under GAAP and does not reflect our future contractual commitments and the total increase or decrease of our cash balance for a given period, and thus should not be considered as an alternative to cash flows from operating activities or as a measure of liquidity.
Cyber Safety Platform: Includes our security and privacy products, as well as our cyber safety comprehensive suites which deliver technology solutions and superior threat protection to help people navigate the digital world, securely, privately and confidently.
Trust-Based Solutions: Trust-Based Solutions includes our identity, reputation, and financial wellness products, which provide innovative solutions and insights that empower consumers to grow and manage their identity, reputation and finances confidently.
Direct revenue: Direct revenue reflects subscriptions sold directly through e-commerce or mobile channels, and revenue generated from financial transactions directly made through Gen properties or marketplaces.
Partner revenue: Partner revenue reflects partner-sourced and channel revenue via retailers, employee benefits, telcos, publishers, and strategic partnerships, including revenue generated from product usage or products sold through our financial marketplace.
Paid customers: We define paid customers as active users of our products and solutions, including subscribers with an active paid subscription to our products at the end of the reported period. Paid customers also includes product users with a unique account and at least one revenue-generating transaction in the relevant active period of each respective product category, whether through our first-party personal finance products, transacting through our financial marketplaces, or generating revenue through product usage. We exclude users on free trials and those who have not actively transacted in the relevant period of each respective product category. In order to properly reflect Gen’s customer cohorts that contribute to revenue given the dynamic nature of consumers and our product portfolio, our methodology is subject to change from time to time. The methodologies used to measure these metrics require judgment and we regularly review our metrics to improve their accuracy. However, our ability to recalculate our historical metrics may be impacted by data limitations or other factors that require us to apply different methodologies for such adjustments. We generally do not intend to update previously disclosed metrics for any such inaccuracies or adjustments that are deemed not material.
CONTACTS
Investor Contact
Ben Lu
Media Contact
Audra Proctor
Gen
Gen
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SOURCE Gen Digital Inc.
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Published
30 minutes agoon
October 30, 2026By
The article explains how homeowners can document hail damage, review roof coverage, and understand insurance deductibles before filing a claim.
FORT WORTH, Texas, Oct. 30, 2026 /PRNewswire/ —
KEY HIGHLIGHTS
Homeowners should check for visible hail damage from a safe location and document any signs of roof or property damage.Reviewing homeowners’ insurance can help homeowners understand roof coverage, deductibles, and how claim payments work.Replacement cost coverage and actual cash value coverage can affect how much an insurance company pays for covered roof damage.
What should homeowners know before filing a hail damage insurance claim? A HelloNation article answers this question with insights from Steven Barber, Insurance Expert of Fort Worth, Texas. The feature explains how homeowners can identify storm damage, review their insurance policies, and prepare for the claims process.
How Should Homeowners Check for Hail Damage?
The article explains that hail damage is not always easy to see from the ground. Strong hail can crack shingles, loosen roofing materials, and leave dents in gutters. Some damage may also lead to leaks weeks or months after a storm.
Homeowners should begin by checking for visible damage from a safe location. Missing shingles, broken siding, and roofing materials on the lawn may point to storm damage. The article advises homeowners to avoid climbing onto their roofs and instead contact a qualified roofer for an inspection.
Steven Barber’s insights also highlight the value of keeping clear records. Homeowners should take photos of visible damage, note the date of the storm, and save records of any repairs. These details may help support a roof insurance claim.
If water enters the home, homeowners should take reasonable steps to prevent further damage. Keeping receipts for temporary repairs may also be helpful because some homeowners insurance policies cover eligible costs to limit additional damage.
What Should Homeowners Review Before Filing an Insurance Claim?
The HelloNation article explains why reviewing homeowners insurance is an important step before filing a claim. Policy terms can affect what types of roof damage are covered and how much a homeowner may need to pay.
Most standard homeowners insurance policies provide some protection against sudden hail damage. However, coverage depends on the policy, the cause of the damage, and the roof’s condition. Normal wear and poor upkeep are generally treated differently from damage caused by a recent storm.
An insurance deductible is another important factor. This is the amount a homeowner pays toward a covered loss before the insurance company pays its share.
For example, if covered roof repairs cost $8,000 and the deductible is $2,000, the insurer may pay $6,000, depending on the policy.
The article also explains that some policies have separate wind and hail deductibles. These may be set dollar amounts or percentages of the home’s insured value. A two percent deductible on a home insured for $300,000 would equal $6,000.
Understanding these amounts can help homeowners estimate their costs before filing hail damage insurance claims.
How Does Roof Coverage Affect Insurance Payments?
The article identifies replacement cost coverage and actual cash value coverage as two important terms homeowners should understand.
Replacement cost coverage generally pays based on the cost of repairing or replacing covered damage with similar materials. Actual cash value coverage takes the roof’s age and wear into account, which may lead to a smaller payment.
The article also explains that some replacement cost policies issue payments in stages. An insurance company may send an initial payment and release the remaining eligible amount after repairs are complete.
Homeowners may need to provide receipts or final repair documents before receiving the remaining funds. The exact process depends on the insurance policy.
Knowing how roof coverage works can help homeowners prepare for repair costs and understand what to expect during a claim.
What Happens After a Homeowner Files a Roof Insurance Claim?
According to the HelloNation article, homeowners who decide to file a claim should contact their insurance company and ask about the required documents and deadlines.
The insurance company may arrange an inspection to review the damage and determine what the policy covers.
Homeowners can also request a written repair estimate from a qualified roofer. Comparing that estimate with the insurer’s findings may help identify differences in the proposed work.
The article notes that not every hail mark means a roof needs to be replaced. Homeowners should ask questions when repair recommendations or damage findings are unclear.
Keeping copies of photos, estimates, receipts, and claim messages can also make the process easier to follow. If an insurer denies part of a claim, homeowners can ask which policy terms apply and whether another review is available.
The article also encourages homeowners to be careful when hiring contractors after a major storm. Checking licenses where required, insurance, references, and written contracts can help homeowners avoid problems during repairs. Homeowners who are unsure which roofing company to hire can also contact their local insurance agent for a list of reliable roofing companies.
What Homeowners Should Know About Hail Damage and Roof Insurance Claims features insights from Steven Barber, Insurance Expert of Fort Worth, Texas, in HelloNation.
FREQUENTLY ASKED QUESTIONS
What Should Homeowners Do First After a Hailstorm?
Steven Barber’s insights in the HelloNation article explain that homeowners should check for visible damage from a safe location. Taking photos, recording the storm date, and arranging a professional roof inspection can help homeowners understand the damage before filing a claim.
Does Homeowners Insurance Cover Hail Damage to a Roof?
The article explains that most standard homeowners insurance policies cover some sudden hail damage. However, roof coverage depends on the policy terms, the cause of the damage, and the roof’s condition. Normal wear and poor upkeep may not qualify for the same protection.
How Does an Insurance Deductible Affect a Hail Damage Claim?
According to the article featuring Steven Barber, an insurance deductible is the amount a homeowner pays toward a covered loss. Some policies have separate wind and hail deductibles that may be higher than the deductible for other claims.
What Is the Difference Between Replacement Cost Coverage and Actual Cash Value Coverage?
The HelloNation article explains that replacement cost coverage generally pays based on the cost of repairing or replacing covered damage with similar materials. Actual cash value coverage considers the roof’s age and wear, which may reduce the claim payment.
How Can Homeowners Find a Reliable Roofing Contractor After a Hailstorm?
Steven Barber’s featured insights encourage homeowners to check a roofing contractor’s license where required, insurance, references, and written contract before agreeing to repairs. Homeowners can also contact their local insurance agent for a list of reliable roofing companies if they need help deciding whom to hire.
About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.
View original content to download multimedia:https://www.prnewswire.com/news-releases/insurance-expert-steven-barber-explains-hail-damage-insurance-claims-for-homeowners-in-hellonation-302925268.html
SOURCE HelloNation
Technology
A+ Federal Credit Union Celebrates Award-Winning Banking With $250 New Member Offer
Published
30 minutes agoon
October 30, 2026By
Austin’s #1 Credit Union invites the community to experience nationally recognized digital banking and discover what it means to live an A+ life
AUSTIN, Texas, Oct. 30, 2026 /PRNewswire/ — A+ Federal Credit Union (A+FCU) is celebrating a year of recognition by saying thank you to the community that made it possible and inviting more people to experience award-winning banking with a special opportunity to earn up to $250 when they become a new member.
For the fourth consecutive year, A+FCU was voted the #1 Credit Union in the 2026 Best of ATX Awards, an honor determined by votes from the local community.
The local recognition comes alongside national honors for A+FCU’s digital banking experience. Global Finance’s 2026 World’s Best Consumer Digital Banking Awards named A+FCU Best Consumer Digital Bank in the United States, while the A+ Mobile App was named Best Mobile Banking App in the United States and North America for the second consecutive year.
Together, the honors recognize both sides of the A+FCU experience: a credit union deeply connected to the communities it serves and one delivering innovative, convenient digital banking that helps members manage their money wherever life takes them.
“Being voted Austin’s Best Credit Union for four years in a row is especially meaningful because that recognition comes from the community we serve. Combined with national recognition for our digital banking experience, it’s a powerful reflection of our team’s commitment to helping members live their A+ lives,” said Eric R. Kase, President/CEO of A+ Federal Credit Union. “We’re grateful to our members for their continued trust, and we invite even more of those in Central Texas and across the state to experience the A+ difference.”
As a special thank you and invitation to the community, new members can currently earn up to $250 when they join A+FCU and open qualifying accounts. There are a variety of ways to qualify for an A+FCU membership. New members can earn $50 for opening a new membership with a free Cash-Back Checking Account, plus another $200 after qualifying payroll direct deposits totaling $800 or more. The promotion requires use of promo code 2026OFFER250 and is subject to additional terms and eligibility requirements.
And the benefits are designed to continue beyond the initial offer. The A+FCU Cash-Back Checking Account offers unlimited cash back on purchases made with an A+FCU debit card, with no monthly fees and cash back paid monthly.
Members also have access to A+FCU’s nationally recognized digital banking experience. The free A+ Mobile App includes biometric login and enhanced security features, real-time transaction alerts, card controls and budgeting tools, mobile check deposit, person-to-person money transfers, access to free monthly credit score updates, streamlined direct deposit setup, and live chat support.
“For more than 77 years, we’ve grown alongside the communities we serve,” Kase added. “As we look ahead, we’ll continue finding new ways to make banking easier, more convenient, and more rewarding while staying true to the personal service and community commitment that have always defined A+FCU.”
To learn more about A+FCU membership and limited-time $250 new member joining offer, visit aplusfcu.org/rewards.
About A+ Federal Credit Union
A+ Federal Credit Union was founded in 1949 by 50 Austin, Texas teachers. Over seventy-seven years later, A+FCU is an award-winning institution with more than 191,000 members throughout the community, $2.52 billion in assets, over 520 employees, and 22 branches. A+FCU supports members with a full range of financial products including home, auto, and business loans, checking and savings accounts, as well as digital banking solutions for banking on the go. Learn more at aplusfcu.org.
View original content to download multimedia:https://www.prnewswire.com/news-releases/a-federal-credit-union-celebrates-award-winning-banking-with-250-new-member-offer-302925269.html
SOURCE A+ Federal Credit Union
Technology
From Fairways to Futures: Swings for STEM Raises $100,000
Published
30 minutes agoon
October 30, 2026By
Third Annual Event Brings Together Chemical Industry Leaders, Policymakers, Academic Partners and Students to Strengthen Tomorrow’s Workforce
WASHINGTON, Oct. 30, 2026 /PRNewswire/ — The Alliance for Chemical Distribution (ACD) and American Chemistry Council (ACC) joined forces Monday for the third annual Swings for STEM golf tournament, raising $100,000 to support the next generation of scientists, engineers, and innovators. The event brought together stakeholders from industry, government and academia for a day of friendly competition and fundraising benefiting the Future of STEM Scholars Initiative (FOSSI) and Creating Exciting Futures in STEM (CEFinSTEM) , two organizations that seek to inspire, support, and expand access to STEM education.
“The future of our industry depends on the next generation of scientists, engineers, and innovators, and we have a responsibility to help them succeed,” said Eric R. Byer, President and CEO of ACD. “Swings for STEM is about more than raising money. It’s about opening doors, building relationships, and giving talented young people the opportunity to see what’s possible in the chemical distribution industry. We’re incredibly grateful to our sponsors, donors, and participants for helping us invest in the next generation of STEM leaders.”
“Chemistry is at the heart of American innovation, and maintaining that leadership starts with investing in the next generation,” added Chris Jahn, President and CEO of the American Chemistry Council. “When we launched FOSSI, our goal was to create new pathways into STEM careers and strengthen the chemical industry’s talent pipeline. Today, more than 900 scholarships have been funded through that effort. Swings for STEM reflects that same vision, bringing industry and policy partners together to raise nearly $300,000 over the past three years.”
The event also featured a dedicated student program for FOSSI scholars, combining a golf clinic, leadership development workshop, and networking opportunities.
FOSSI Scholar Brandon Simmons was one of nearly 20 scholarship recipients who attended the event, sharing, “My experience at Swings for STEM was truly rewarding. I enjoyed learning new techniques and connecting with fellow FOSSI scholars from different schools. The event was a great opportunity to build relationships, share experiences, and grow alongside other scholars. I’m grateful to FOSSI for creating opportunities like this that foster both personal growth and a strong sense of community.”
To learn more about FOSSI visit www.FutureofSTEMScholars.org. Scholarship applications are open until January 8th, 2027. Eligible students can apply here.
To learn more about CEFinSTEM, visit www.cefinstem.org.
ACC and ACD extend their gratitude to the sponsors who made this event possible:
The American Cleaning InstituteThe American Coatings AssociationAmerican Fuel & Petrochemical ManufacturersThe American Cleaning InstituteAstro ChemicalsCGCNChevron Phillips Chemical LPDowEastman Chemical CompanyThe Fertilizer InstituteHighland Advocacy GroupHolland & KnightThe Household & Commercial Products Association Mehlman ConsultingOGRPLASTICS Industry AssociationRussell Reynolds AssociatesSociety of Chemical Manufacturers & Affiliates (SOCMA)SolsticeSquared CommunicationsTargeted VictoryThompson Hine LLPTunnlThe Vinyl InstituteWashington Examiner
Alliance for Chemical Distribution
The Alliance for Chemical Distribution (ACD) partners with our more than 400 chemical distribution industry members to provide the education, connection, standards, and advocacy they need to responsibly move the essential products our world depends on. As leaders in the $27B+ chemical distribution industry, ACD member companies commit to the highest standardsin quality, safety, sustainability, and performance through ACD Responsible Distribution™. For more information, visit www.acd-chem.com.
American Chemistry Council
The American Chemistry Council’s mission is to advocate for the people, policy, and products of chemistry that make the United States the global leader in innovation and manufacturing. To achieve this, we: Champion science-based policy solutions across all levels of government; Drive continuous performance improvement to protect employees and communities through Responsible Care®; Foster the development of sustainability practices throughout ACC member companies; and communicate authentically with communities about challenges and solutions for a safer, healthier and more sustainable way of life. Our vision is a world made better by chemistry, where people live happier, healthier, and more prosperous lives, safely and sustainably—for generations to come.
View original content to download multimedia:https://www.prnewswire.com/news-releases/from-fairways-to-futures-swings-for-stem-raises-100-000–302925278.html
SOURCE American Chemistry Council
Insurance Expert Steven Barber Explains Hail Damage Insurance Claims for Homeowners in HelloNation
A+ Federal Credit Union Celebrates Award-Winning Banking With $250 New Member Offer
From Fairways to Futures: Swings for STEM Raises $100,000
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