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Side-by-side financial comparison of Gen Digital (GEN) and MIDDLEBY Corp (MIDD). Click either name above to swap in a different company.

Gen Digital is the larger business by last-quarter revenue ($1.2B vs $866.4M, roughly 1.4× MIDDLEBY Corp). Gen Digital runs the higher net margin — 15.5% vs 4.3%, a 11.2% gap on every dollar of revenue. On growth, Gen Digital posted the faster year-over-year revenue change (28.5% vs -30.6%). Over the past eight quarters, Gen Digital's revenue compounded faster (13.2% CAGR vs -3.3%).

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.

The Middleby Corporation is a publicly traded American company based in Elgin, Illinois. The company manufactures commercial cooking equipment, industrial processing equipment, and residential appliances. The commercial cooking equipment side of Middleby does business with 97 out of the top 100 food service chains in the United States and internationally.

GEN vs MIDD — Head-to-Head

Bigger by revenue
GEN
GEN
1.4× larger
GEN
$1.2B
$866.4M
MIDD
Growing faster (revenue YoY)
GEN
GEN
+59.0% gap
GEN
28.5%
-30.6%
MIDD
Higher net margin
GEN
GEN
11.2% more per $
GEN
15.5%
4.3%
MIDD
Faster 2-yr revenue CAGR
GEN
GEN
Annualised
GEN
13.2%
-3.3%
MIDD

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
GEN
GEN
MIDD
MIDD
Revenue
$1.2B
$866.4M
Net Profit
$192.0M
$36.9M
Gross Margin
78.4%
38.8%
Operating Margin
34.9%
17.3%
Net Margin
15.5%
4.3%
Revenue YoY
28.5%
-30.6%
Net Profit YoY
6.1%
-67.1%
EPS (diluted)
$0.31
$0.74

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.

Revenue
GEN
GEN
MIDD
MIDD
Q1 26
$1.2B
Q4 25
$1.2B
$866.4M
Q3 25
$1.3B
$982.1M
Q2 25
$977.9M
Q1 25
$1.0B
$906.6M
Q4 24
$986.0M
$1.0B
Q3 24
$974.0M
$942.8M
Q2 24
$965.0M
$991.5M
Net Profit
GEN
GEN
MIDD
MIDD
Q1 26
$192.0M
Q4 25
$134.0M
$36.9M
Q3 25
$135.0M
$-513.0M
Q2 25
$106.0M
Q1 25
$142.0M
$92.4M
Q4 24
$159.0M
$112.3M
Q3 24
$161.0M
$114.2M
Q2 24
$181.0M
$115.4M
Gross Margin
GEN
GEN
MIDD
MIDD
Q1 26
78.4%
Q4 25
78.2%
38.8%
Q3 25
78.8%
36.8%
Q2 25
38.0%
Q1 25
80.3%
38.2%
Q4 24
80.4%
38.4%
Q3 24
80.1%
37.7%
Q2 24
80.3%
38.3%
Operating Margin
GEN
GEN
MIDD
MIDD
Q1 26
34.9%
Q4 25
35.9%
17.3%
Q3 25
35.5%
-56.4%
Q2 25
15.9%
Q1 25
41.3%
15.5%
Q4 24
37.9%
16.8%
Q3 24
41.3%
18.4%
Q2 24
43.2%
17.7%
Net Margin
GEN
GEN
MIDD
MIDD
Q1 26
15.5%
Q4 25
11.0%
4.3%
Q3 25
10.7%
-52.2%
Q2 25
10.8%
Q1 25
14.1%
10.2%
Q4 24
16.1%
11.1%
Q3 24
16.5%
12.1%
Q2 24
18.8%
11.6%
EPS (diluted)
GEN
GEN
MIDD
MIDD
Q1 26
$0.31
Q4 25
$0.21
$0.74
Q3 25
$0.22
$-10.15
Q2 25
$1.99
Q1 25
$0.22
$1.69
Q4 24
$0.26
$2.07
Q3 24
$0.26
$2.11
Q2 24
$0.29
$2.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GEN
GEN
MIDD
MIDD
Cash + ST InvestmentsLiquidity on hand
$222.2M
Total DebtLower is stronger
$8.4B
$2.2B
Stockholders' EquityBook value
$2.3B
$2.8B
Total Assets
$15.8B
$6.3B
Debt / EquityLower = less leverage
3.61×
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GEN
GEN
MIDD
MIDD
Q1 26
Q4 25
$222.2M
Q3 25
$175.1M
Q2 25
$511.5M
Q1 25
$1.0B
$745.1M
Q4 24
$883.0M
$689.5M
Q3 24
$737.0M
$606.0M
Q2 24
$644.0M
$459.5M
Total Debt
GEN
GEN
MIDD
MIDD
Q1 26
$8.4B
Q4 25
$8.7B
$2.2B
Q3 25
$8.9B
Q2 25
Q1 25
$8.3B
Q4 24
$8.5B
$2.4B
Q3 24
$8.5B
Q2 24
$8.5B
Stockholders' Equity
GEN
GEN
MIDD
MIDD
Q1 26
$2.3B
Q4 25
$2.5B
$2.8B
Q3 25
$2.4B
$2.9B
Q2 25
$3.6B
Q1 25
$2.3B
$3.7B
Q4 24
$2.2B
$3.6B
Q3 24
$2.1B
$3.6B
Q2 24
$2.0B
$3.4B
Total Assets
GEN
GEN
MIDD
MIDD
Q1 26
$15.8B
Q4 25
$16.1B
$6.3B
Q3 25
$16.4B
$6.4B
Q2 25
$7.3B
Q1 25
$15.5B
$7.4B
Q4 24
$15.4B
$7.3B
Q3 24
$15.5B
$7.2B
Q2 24
$15.4B
$7.0B
Debt / Equity
GEN
GEN
MIDD
MIDD
Q1 26
3.61×
Q4 25
3.54×
0.78×
Q3 25
3.75×
Q2 25
Q1 25
3.64×
Q4 24
3.94×
0.66×
Q3 24
4.06×
Q2 24
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
GEN
GEN
MIDD
MIDD
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$165.5M
FCF MarginFCF / Revenue
19.1%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$530.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GEN
GEN
MIDD
MIDD
Q1 26
Q4 25
$541.0M
Q3 25
$409.0M
$176.3M
Q2 25
$122.0M
Q1 25
$473.0M
$141.1M
Q4 24
$326.0M
$239.7M
Q3 24
$158.0M
$156.7M
Q2 24
$264.0M
$149.5M
Free Cash Flow
GEN
GEN
MIDD
MIDD
Q1 26
Q4 25
$535.0M
$165.5M
Q3 25
$405.0M
$156.1M
Q2 25
$101.1M
Q1 25
$470.0M
$107.4M
Q4 24
$318.0M
$226.6M
Q3 24
$156.0M
$145.2M
Q2 24
$262.0M
$138.6M
FCF Margin
GEN
GEN
MIDD
MIDD
Q1 26
Q4 25
43.9%
19.1%
Q3 25
32.2%
15.9%
Q2 25
10.3%
Q1 25
46.5%
11.8%
Q4 24
32.3%
22.3%
Q3 24
16.0%
15.4%
Q2 24
27.2%
14.0%
Capex Intensity
GEN
GEN
MIDD
MIDD
Q1 26
Q4 25
0.5%
1.5%
Q3 25
0.3%
2.1%
Q2 25
2.1%
Q1 25
0.3%
3.7%
Q4 24
0.8%
1.3%
Q3 24
0.2%
1.2%
Q2 24
0.2%
1.1%
Cash Conversion
GEN
GEN
MIDD
MIDD
Q1 26
Q4 25
4.04×
Q3 25
3.03×
Q2 25
1.15×
Q1 25
3.33×
1.53×
Q4 24
2.05×
2.13×
Q3 24
0.98×
1.37×
Q2 24
1.46×
1.30×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GEN
GEN

Cyber Safety Platform$819.0M66%
Trust Based Solutions$421.0M34%
Net Interest Income On Notes Receivable$4.0M0%

MIDD
MIDD

Segment breakdown not available.

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