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Side-by-side financial comparison of ESAB Corp (ESAB) and Gen Digital (GEN). Click either name above to swap in a different company.
Gen Digital is the larger business by last-quarter revenue ($1.2B vs $727.8M, roughly 1.7× ESAB Corp). Gen Digital runs the higher net margin — 15.5% vs 7.5%, a 7.9% gap on every dollar of revenue. On growth, Gen Digital posted the faster year-over-year revenue change (28.5% vs 8.5%). Over the past eight quarters, Gen Digital's revenue compounded faster (13.2% CAGR vs 2.8%).
ESAB, Elektriska Svetsnings-Aktiebolaget, is an American-Swedish industrial company.
Gen Digital Inc. is a multinational software company co-headquartered in both Tempe, Arizona (USA) and Prague, Czech Republic (EU). The company provides cybersecurity software, financial technology, and services. Gen is a Fortune 500 company and a member of the S&P 500 stock-market index. It is listed at both NASDAQ and Prague Stock Exchange. Its portfolio includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, MoneyLion and CCleaner.
ESAB vs GEN — Head-to-Head
Income Statement — Q3 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $727.8M | $1.2B |
| Net Profit | $54.8M | $192.0M |
| Gross Margin | 37.0% | 78.4% |
| Operating Margin | 14.6% | 34.9% |
| Net Margin | 7.5% | 15.5% |
| Revenue YoY | 8.5% | 28.5% |
| Net Profit YoY | 2.1% | 6.1% |
| EPS (diluted) | $0.90 | $0.31 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.2B | ||
| Q4 25 | $727.8M | $1.2B | ||
| Q3 25 | $715.6M | $1.3B | ||
| Q2 25 | $678.1M | — | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $670.8M | $986.0M | ||
| Q3 24 | $673.3M | $974.0M | ||
| Q2 24 | $707.1M | $965.0M |
| Q1 26 | — | $192.0M | ||
| Q4 25 | $54.8M | $134.0M | ||
| Q3 25 | $66.9M | $135.0M | ||
| Q2 25 | $67.4M | — | ||
| Q1 25 | — | $142.0M | ||
| Q4 24 | $53.7M | $159.0M | ||
| Q3 24 | $68.2M | $161.0M | ||
| Q2 24 | $82.9M | $181.0M |
| Q1 26 | — | 78.4% | ||
| Q4 25 | 37.0% | 78.2% | ||
| Q3 25 | 37.2% | 78.8% | ||
| Q2 25 | 37.6% | — | ||
| Q1 25 | — | 80.3% | ||
| Q4 24 | 38.5% | 80.4% | ||
| Q3 24 | 37.7% | 80.1% | ||
| Q2 24 | 38.2% | 80.3% |
| Q1 26 | — | 34.9% | ||
| Q4 25 | 14.6% | 35.9% | ||
| Q3 25 | 15.2% | 35.5% | ||
| Q2 25 | 16.2% | — | ||
| Q1 25 | — | 41.3% | ||
| Q4 24 | 16.6% | 37.9% | ||
| Q3 24 | 15.7% | 41.3% | ||
| Q2 24 | 16.9% | 43.2% |
| Q1 26 | — | 15.5% | ||
| Q4 25 | 7.5% | 11.0% | ||
| Q3 25 | 9.3% | 10.7% | ||
| Q2 25 | 9.9% | — | ||
| Q1 25 | — | 14.1% | ||
| Q4 24 | 8.0% | 16.1% | ||
| Q3 24 | 10.1% | 16.5% | ||
| Q2 24 | 11.7% | 18.8% |
| Q1 26 | — | $0.31 | ||
| Q4 25 | $0.90 | $0.21 | ||
| Q3 25 | $1.09 | $0.22 | ||
| Q2 25 | $1.10 | — | ||
| Q1 25 | — | $0.22 | ||
| Q4 24 | $0.87 | $0.26 | ||
| Q3 24 | $1.11 | $0.26 | ||
| Q2 24 | $1.35 | $0.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $218.2M | — |
| Total DebtLower is stronger | $1.3B | $8.4B |
| Stockholders' EquityBook value | $2.1B | $2.3B |
| Total Assets | $4.9B | $15.8B |
| Debt / EquityLower = less leverage | 0.63× | 3.61× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $218.2M | — | ||
| Q3 25 | $258.2M | — | ||
| Q2 25 | $291.3M | — | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $249.4M | $883.0M | ||
| Q3 24 | $253.7M | $737.0M | ||
| Q2 24 | $228.5M | $644.0M |
| Q1 26 | — | $8.4B | ||
| Q4 25 | $1.3B | $8.7B | ||
| Q3 25 | $1.1B | $8.9B | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | — | $8.3B | ||
| Q4 24 | $1.1B | $8.5B | ||
| Q3 24 | $1.1B | $8.5B | ||
| Q2 24 | $1.1B | $8.5B |
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.1B | $2.5B | ||
| Q3 25 | $2.1B | $2.4B | ||
| Q2 25 | $1.9B | — | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $1.8B | $2.1B | ||
| Q2 24 | $1.7B | $2.0B |
| Q1 26 | — | $15.8B | ||
| Q4 25 | $4.9B | $16.1B | ||
| Q3 25 | $4.4B | $16.4B | ||
| Q2 25 | $4.2B | — | ||
| Q1 25 | — | $15.5B | ||
| Q4 24 | $4.0B | $15.4B | ||
| Q3 24 | $4.1B | $15.5B | ||
| Q2 24 | $4.0B | $15.4B |
| Q1 26 | — | 3.61× | ||
| Q4 25 | 0.63× | 3.54× | ||
| Q3 25 | 0.51× | 3.75× | ||
| Q2 25 | 0.55× | — | ||
| Q1 25 | — | 3.64× | ||
| Q4 24 | 0.60× | 3.94× | ||
| Q3 24 | 0.59× | 4.06× | ||
| Q2 24 | 0.63× | 4.33× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $81.5M | — |
| Free Cash FlowOCF − Capex | $70.3M | — |
| FCF MarginFCF / Revenue | 9.7% | — |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | 1.49× | — |
| TTM Free Cash FlowTrailing 4 quarters | $238.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $81.5M | $541.0M | ||
| Q3 25 | $46.6M | $409.0M | ||
| Q2 25 | $35.4M | — | ||
| Q1 25 | — | $473.0M | ||
| Q4 24 | $126.9M | $326.0M | ||
| Q3 24 | $101.0M | $158.0M | ||
| Q2 24 | $83.0M | $264.0M |
| Q1 26 | — | — | ||
| Q4 25 | $70.3M | $535.0M | ||
| Q3 25 | $37.4M | $405.0M | ||
| Q2 25 | $28.1M | — | ||
| Q1 25 | — | $470.0M | ||
| Q4 24 | $102.2M | $318.0M | ||
| Q3 24 | $90.4M | $156.0M | ||
| Q2 24 | $74.0M | $262.0M |
| Q1 26 | — | — | ||
| Q4 25 | 9.7% | 43.9% | ||
| Q3 25 | 5.2% | 32.2% | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | — | 46.5% | ||
| Q4 24 | 15.2% | 32.3% | ||
| Q3 24 | 13.4% | 16.0% | ||
| Q2 24 | 10.5% | 27.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 0.5% | ||
| Q3 25 | 1.3% | 0.3% | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | 3.7% | 0.8% | ||
| Q3 24 | 1.6% | 0.2% | ||
| Q2 24 | 1.3% | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | 4.04× | ||
| Q3 25 | 0.70× | 3.03× | ||
| Q2 25 | 0.53× | — | ||
| Q1 25 | — | 3.33× | ||
| Q4 24 | 2.36× | 2.05× | ||
| Q3 24 | 1.48× | 0.98× | ||
| Q2 24 | 1.00× | 1.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESAB
| Consumable Products | $477.9M | 66% |
| Equipment Products | $249.9M | 34% |
GEN
| Cyber Safety Platform | $819.0M | 66% |
| Trust Based Solutions | $421.0M | 34% |
| Net Interest Income On Notes Receivable | $4.0M | 0% |
