EXTR

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Extreme Networks, Inc.

Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $21.97
52-Week Range: $13.48 – $33.73
Market Cap: $3.06B
P/E (TTM): 74.58
EPS (TTM): 0.31
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 34.25
PEG Ratio: 0.85
Return on Equity: 54.64%
Return on Assets: 3.43%
Gross Margin: 61.48%
Operating Margin: 6.44%
Profit Margin: 3.28%
Current Ratio: 0.93
Debt/Equity: 2.20
Total Debt: $194.57M
Free Cash Flow: $81.45M
Revenue Growth: 10.30%
Earnings Growth: —
Enterprise Value: $3.00B

EXTR Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$1.11B	$1.31B	$1.12B	$1.14B	$1.28B
Cost of Revenue	$482.38M	$557.73M	$486.37M	$430.94M	$494.45M
Gross Profit	$629.94M	$754.72M	$630.83M	$709.13M	$789.14M
Research & Development	$190.59M	$214.27M	$211.93M	$221.46M	$233.88M
Selling, General & Admin	$363.17M	$426.84M	$445.74M	$467.18M	$489.58M
Operating Expenses	$556.99M	$643.16M	$659.71M	$690.69M	$725.18M
Operating Income	$72.94M	$111.56M	-$28.88M	$18.44M	$63.96M
EBITDA	$105.14M	$146.37M	-$31.07M	$39.42M	$84.45M
Pretax Income	$52.19M	$94.11M	-$77.50M	$4.27M	$51.47M
Income Tax	$7.92M	$16.03M	$8.46M	$11.74M	$9.36M
Net Income	$44.27M	$78.07M	-$85.96M	-$7.47M	$42.12M
Diluted EPS	0.33	0.58	-0.65	-0.06	0.31
Diluted Shares	133.49M	133.65M	132.69M	132.33M	134.97M

EXTR Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & Equivalents	$194.52M	$234.83M	$156.70M	$231.75M	$211.76M
Receivables	$184.10M	$182.04M	$89.52M	$126.71M	$164.59M
Inventory	$49.23M	$89.02M	$141.03M	$102.58M	$69.95M
Current Assets	$489.09M	$576.16M	$466.93M	$535.30M	$549.80M
Total Assets	$1.07B	$1.14B	$1.04B	$1.15B	$1.18B
Current Liabilities	$500.18M	$575.50M	$517.59M	$587.88M	$592.67M
Long-Term Debt	$270.57M	$187.59M	$178.26M	$163.72M	$144.38M
Total Debt	$351.13M	$264.61M	$239.60M	$223.44M	$194.57M
Total Liabilities	$978.17M	$1.02B	$1.02B	$1.09B	$1.09B
Retained Earnings	-$934.07M	-$856.00M	-$941.96M	-$949.43M	-$907.31M
Shareholders' Equity	$90.34M	$116.75M	$25.28M	$65.58M	$88.59M
Working Capital	-$11.09M	$657.00K	-$50.66M	-$52.58M	-$42.88M
Net Debt	$109.40M	—	$30.89M	—	—

EXTR Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025	FY2026
Operating Cash Flow	$128.18M	$249.21M	$55.49M	$152.03M	$123.18M
Capital Expenditure	-$15.43M	-$13.80M	-$18.12M	-$24.71M	-$27.94M
Free Cash Flow	$112.74M	$235.41M	$37.37M	$127.32M	$95.24M
Depreciation & Amortisation	$40.16M	$34.88M	$29.45M	$19.22M	$19.20M
Stock-Based Compensation	$43.36M	$63.47M	$76.76M	$82.31M	$88.26M
Investing Cash Flow	-$84.95M	-$13.80M	-$18.12M	-$24.71M	-$27.94M
Financing Cash Flow	-$94.66M	-$194.78M	-$114.98M	-$52.59M	-$114.50M
Share Repurchases	-$44.97M	-$99.86M	-$49.85M	-$37.99M	-$87.00M
Net Change in Cash	-$51.44M	$40.63M	-$77.61M	$74.73M	-$19.26M

EXTR Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$284.50M	$307.00M	$310.25M	$317.93M	$316.87M	$338.55M
Cost of Revenue	$109.10M	$117.92M	$122.22M	$122.84M	$121.33M	$128.06M
Gross Profit	$175.41M	$189.09M	$188.03M	$195.08M	$195.54M	$210.49M
Research & Development	$55.66M	$56.47M	$57.75M	$57.52M	$59.18M	$59.42M
Selling, General & Admin	$109.31M	$133.86M	$118.11M	$123.99M	$118.61M	$128.87M
Operating Expenses	$165.47M	$190.84M	$176.36M	$181.92M	$178.20M	$188.69M
Operating Income	$9.94M	-$1.75M	$11.67M	$13.16M	$17.34M	$21.80M
EBITDA	$15.53M	$4.26M	$16.91M	$18.52M	$22.63M	$26.39M
Pretax Income	$7.17M	-$3.87M	$8.35M	$10.40M	$14.81M	$17.91M
Income Tax	$3.71M	$3.94M	$2.74M	$2.53M	$4.22M	-$135.00K
Net Income	$3.46M	-$7.80M	$5.61M	$7.88M	$10.59M	$18.04M
Diluted EPS	0.03	-0.06	0.04	0.06	0.08	0.13
Diluted Shares	134.59M	132.81M	135.07M	135.17M	133.59M	133.67M

EXTR Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$185.48M	$231.75M	$209.00M	$219.79M	$210.11M	$211.76M
Receivables	$99.55M	$126.71M	$145.80M	$152.43M	$162.71M	$164.59M
Inventory	$115.74M	$102.58M	$93.73M	$83.59M	$76.63M	$69.95M
Current Assets	$476.60M	$535.30M	$525.86M	$535.73M	$541.80M	$549.80M
Total Assets	$1.07B	$1.15B	$1.15B	$1.17B	$1.17B	$1.18B
Current Liabilities	$511.96M	$587.88M	$577.49M	$565.14M	$593.26M	$592.67M
Long-Term Debt	$167.29M	$163.72M	$158.90M	$154.06M	$149.22M	$144.38M
Total Debt	$227.31M	$223.44M	$242.39M	$212.12M	$235.74M	$194.57M
Total Liabilities	$1.00B	$1.09B	$1.08B	$1.07B	$1.09B	$1.09B
Retained Earnings	-$941.63M	-$949.43M	-$943.82M	-$935.94M	-$925.35M	-$907.31M
Shareholders' Equity	$71.70M	$65.58M	$68.56M	$95.91M	$78.97M	$88.59M
Working Capital	-$35.36M	-$52.58M	-$51.62M	-$29.41M	-$51.46M	-$42.88M

EXTR Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$29.97M	$81.94M	-$14.00M	$50.14M	$14.19M	$72.85M
Capital Expenditure	-$5.74M	-$6.65M	-$6.86M	-$7.07M	-$6.44M	-$7.58M
Free Cash Flow	$24.23M	$75.29M	-$20.85M	$43.07M	$7.75M	$65.27M
Depreciation & Amortisation	$4.56M	$4.60M	$4.91M	$4.75M	$4.57M	$4.97M
Stock-Based Compensation	$20.35M	$20.74M	$21.78M	$22.90M	$21.77M	$21.81M
Investing Cash Flow	-$5.74M	-$6.65M	-$6.86M	-$7.07M	-$6.44M	-$7.58M
Financing Cash Flow	-$9.11M	-$29.48M	-$1.72M	-$32.28M	-$16.85M	-$63.65M
Share Repurchases	-$13.00M	-$24.99M	-$12.00M	$0.00	-$50.00M	-$25.00M
Net Change in Cash	$15.13M	$45.81M	-$22.57M	$10.79M	-$9.10M	$1.62M

Market Snapshot

About

Extreme Networks, Inc. provides software-driven networking solutions for enterprise and data center environments. The company offers end-to-end networking infrastructure including wired and wireless networking equipment, network management software, security solutions, and analytics platforms powered by artificial intelligence and machine learning. Extreme Networks serves customers across industries including education, healthcare, hospitality, manufacturing, and retail. The company has built its portfolio through organic development and strategic acquisitions, positioning itself as a provider of comprehensive networking solutions for cloud-enabled enterprises.