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Extreme Networks

EXTR

Extreme Networks is a leader in AI-powered cloud networking, specializing in the design and manufacture of wired, wireless, and software-defined wide area network (SD-WAN) infrastructure.

Market cap
$3.92B+64.4%
Revenue$1.3B+14.9%
Net income$16.3M+130%
Free cash flow$105.3M+67.0%
EPS (diluted)$0.12+130%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$332.5M
EPS estimate$0.29

Financials

Q3 2026

Income statement

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Revenue$316.9M+11.4%
Gross profit$195.5M+11.5%
Operating income$17.3M+67.1%
Net income$10.6M+206%
EPS (diluted)$0.08+167%

Balance sheet

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Cash & equivalents$210.1M+13.3%
Total debt$235.7M+3.7%
Total equity$79.0M+10.1%
Total assets$1.2B+9.0%

Cash flow

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Operating cash flow$14.2M-52.6%
CapEx$6.4M+12.3%
Free cash flow$7.8M-68.0%

Valuation & ratios

Valuation

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Market cap$3.92B+64.4%
Enterprise value$3.94B+65.7%
P/E240.7×
P/S3.1×+1.0×

Profitability

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Gross margin61.3%+3.1pp
Operating margin3.3%+2.3pp
Net margin1.3%+0.7pp
FCF margin8.4%+2.6pp

Returns & leverage

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Return on equity21.6%+12.1pp
Debt / equity-0.2×
Current ratio0.9×0.0×

Segments

By geography

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EMEA$153.0M+42.8%
Asia Pacific$24.9M+39.7%
Other Americas$10.6M-25.0%

By product

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Subscription And Support$117.5M+10.4%

Competitors

Profile

Extreme Networks is a leader in AI-powered cloud networking, specializing in the design and manufacture of wired, wireless, and software-defined wide area network (SD-WAN) infrastructure. The company provides a unified technology platform that integrates networking, security, and AI-driven automation to simplify complex network management for enterprises. Its core value proposition centers on delivering end-to-end visibility and autonomous network operations from the access edge to the data center.

Competitive position

Extreme positions itself as a differentiated alternative to legacy networking giants by focusing on AI-driven autonomous management and simplified universal licensing.

GeographiesUnited States, Europe, Asia Pacific, Americas
Customer segmentsEnterprise, Mid-market, Public Sector, Service Providers
Business modelHardware, Subscription SaaS, Professional Services, Maintenance Contracts
SuppliersOriginal Design Manufacturers (ODMs), Merchant silicon vendors, Integrated circuit suppliers, Cloud infrastructure providers (AWS, GCP, Azure)
CustomersValue-added resellers, System integrators, Global distributors, Direct enterprise accounts
Listed1999
Employees2.8K
CEOEdward Meyercord
FilingsSEC EDGAR

Questions, answered.

What is Extreme Networks's market cap?
Extreme Networks (EXTR) has a market capitalization of $3.9B and trades on NASDAQ.
What is Extreme Networks's revenue and profitability?
Extreme Networks generated $1.3B in trailing twelve-month revenue with net income of $16.3M, representing a net margin of 1.3%. Gross margin stands at 61.3%, with free cash flow of $105.3M. These figures are based on the Q1 2026 filing.
Who are Extreme Networks's competitors?
Extreme Networks's key competitors include Arista Networks Inc., Cisco Systems, Inc., Fortinet, Inc., and others. These companies compete in similar markets and product categories.
Who does Extreme Networks partner with?
Extreme Networks's notable partners include Amazon Web Services, Google Cloud Platform, Microsoft Azure, and others.
Where is Extreme Networks headquartered?
Extreme Networks is headquartered in United States of America and employs approximately 2,849 people. It has been publicly traded since 1999.