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Extreme Networks, Inc.

EXTR

Extreme Networks is a leader in AI-powered cloud-based networking, providing simple and secure solutions that connect devices, applications, and users.

Market cap
$2.86B-2.9%
Revenue$1.3B+12.6%
Net income$42.1M+664%
Free cash flow$95.2M-25.2%
EPS (diluted)$0.31+720%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$336.8M
EPS estimate$0.28

Financials

Q4 2026

Income statement

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Revenue$338.5M+10.3%
Gross profit$210.5M+11.3%
Operating income$21.1M
Net income$18.0M+331%
EPS (diluted)$0.13+317%

Balance sheet

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Cash & equivalents$211.8M-8.6%
Total debt$194.6M-12.9%
Total equity$88.6M+35.1%
Total assets$1.2B+2.1%

Cash flow

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Operating cash flow$72.8M-11.1%
CapEx$7.6M+14.0%
Free cash flow$65.3M-13.3%

Valuation & ratios

Valuation

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Market cap$2.88B-2.9%
Enterprise value$2.86B-3.3%
P/E68.3×
P/S2.2×-0.4×

Profitability

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Gross margin61.5%-0.7pp
Operating margin4.9%+3.3pp
Net margin3.3%+2.8pp
FCF margin7.4%-3.7pp

Returns & leverage

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Return on equity54.6%+44.4pp
Debt / equity2.2×-1.2×
Current ratio0.9×0.0×

Segments

By geography

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EMEA$119.7M-8.9%
Asia Pacific$30.0M-15.2%
Other Americas$12.7M+14.8%

By product

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Subscription And Support$120.1M+4.3%

Competitors

Profile

Extreme Networks is a leader in AI-powered cloud-based networking, providing simple and secure solutions that connect devices, applications, and users. The company designs and manufactures wired, wireless, and SD-WAN infrastructure equipment integrated with advanced analytics and automation software. Its core value proposition centers on reducing operational complexity for enterprises through a unified platform that leverages generative and agentic AI for autonomous network management.

Competitive position

Extreme differentiates itself through a platform-led strategy that unifies networking, security, and AI agents into a single pane of glass. It is a leader in the transition toward autonomous network operations and Wi-Fi 7 adoption.

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

FAQ

What is Extreme Networks, Inc.'s market cap?
Extreme Networks, Inc. (EXTR) has a market capitalization of $2.9B and trades on NASDAQ.
What is Extreme Networks, Inc.'s revenue and profitability?
Extreme Networks, Inc. generated $1.3B in trailing twelve-month revenue with net income of $42.1M, representing a net margin of 3.3%. Gross margin stands at 61.5%, with free cash flow of $95.2M. The latest reported period is Q4 2026.
Who are Extreme Networks, Inc.'s competitors?
Extreme Networks, Inc.'s key competitors include Cisco Systems, Inc., Arista Networks Inc., Hewlett Packard Enterprise Company, and others. These companies compete in similar markets and product categories.
Who does Extreme Networks, Inc. partner with?
Extreme Networks, Inc.'s notable partners include Amazon Web Services, Google Cloud Platform, Microsoft Azure, and others.
Where is Extreme Networks, Inc. headquartered?
Extreme Networks, Inc. is headquartered in United States of America and employs approximately 2,849 people. It has been publicly traded since 1999.