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Extreme Networks EXTR Reduction In Carrying Amount Of Right Of Use Asset

Reduction In Carrying Amount Of Right Of Use Asset at other companies

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Other financials

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

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Market cap$4.11B+15.3%

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×

Where this comes from

Reported directly by Extreme Networks in its filing.

Tagged under the XBRL concept extr:ReductionInCarryingAmountOfRightOfUseAsset.

The official record: Extreme Networks’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Extreme Networks's reduction in carrying amount of right of use asset?
Extreme Networks (EXTR) reported reduction in carrying amount of right of use asset of $2.61M in Q1 2026.
How has Extreme Networks's reduction in carrying amount of right of use asset changed year-over-year?
Extreme Networks's reduction in carrying amount of right of use asset increased by 4.6% year-over-year, from $2.49M to $2.61M.
What is the long-term trend for Extreme Networks's reduction in carrying amount of right of use asset?
Over 4 years (2021 to 2025), Extreme Networks's reduction in carrying amount of right of use asset has grown at a -11.5% compound annual growth rate (CAGR), from $16.13M to $9.89M.
What does reduction in carrying amount of right of use asset mean?
This represents the non-cash amortization or reduction in the carrying value of right-of-use assets associated with operating leases. It reflects the systematic allocation of the lease asset cost over the lease term, impacting operating cash flow reconciliation. Investors monitor this to understand the underlying non-cash impact of lease obligations on reported profitability.