Extreme Networks EXTR Ratios & Valuation
| Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 61.3%+3.1pp | 61.3%+4.3pp | 61.6%+4.8pp | 62.2%+5.7pp | 58.2%-1.4pp | |
| Operating margin | 3.3%+6.1pp | 2.8%+13.0pp | 2.9%+13.1pp | 1.6%+7.4pp | -2.8%-4.6pp | |
| Net margin | 1.3%+6.2pp | 0.7%+12.7pp | 0.7%+12.8pp | -0.7%+7.0pp | -4.9%-4.4pp | |
| EBITDA margin | 4.7%+5.3pp | 4.2%+12.0pp | 4.3%+12.1pp | 3.1%+6.6pp | -0.6%-4.1pp | |
| Free cash flow margin | 8.4%+2.6pp | 10%— | 8%— | 11.2%— | 5.8%— | |
| Returns | ||||||
| Return on equity | 21.6%+100pp | 12.4%+165pp | 17.1%+194pp | -16.4%+105pp | -78.8%-71.3pp | |
| Return on assets | 1.5%+6.4pp | 0.8%+11.8pp | 0.8%+12.4pp | -0.7%+7.2pp | -5%-4.4pp | |
| Return on invested capital | 38.2%+60.9pp | 34.5%+119pp | 32.5%+121pp | 22.1%+73.3pp | -22.7%-29.2pp | |
| Efficiency | ||||||
| Asset turnover | 1.1×+0.1× | 1.1×+0.2× | 1.1×+0.1× | 1×0.0× | 1×-0.1× | |
| Inventory turnover | 5×+2.0× | 4.4×+1.3× | 3.8×+0.2× | 3.5×-0.7× | 3×-0.8× | |
| Liquidity | ||||||
| Current ratio | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | 0.9×0.0× | |
| Quick ratio | 0.8×+0.1× | 0.8×+0.1× | 0.7×+0.1× | 0.7×+0.1× | 0.7×+0.1× | |
| Cash ratio | 0.4×0.0× | 0.4×+0.1× | 0.4×+0.1× | 0.4×+0.1× | 0.4×+0.1× | |
| Leverage | ||||||
| Debt-to-equity | 3×-0.2× | 2.2×-2.3× | 3.5×-3.7× | 3.4×-6.1× | 3.2×-0.6× | |
| Debt-to-assets | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 0.4×— | -0.1×— | 0.7×— | -0.2×— | —— | |
| Interest coverage | 3×+4.9× | 2.4×+8.5× | 2.3×+8.5× | 1.2×+5.0× | -1.8×-3.0× | |
| Per Share | ||||||
| Book value per share | $0.59+10.9% | $0.71+85.9% | $0.51+104% | $0.50+154% | $0.53+6.1% | |
| Valuation | ||||||
| Market capitalization | $2.02B+15.3% | $2.23B+0.7% | $2.76B+39.1% | $2.36B+34.9% | $1.76B+18.2% | |
| Enterprise value | $2.05B+14.0% | $2.22B-2.4% | $2.79B+35.5% | $2.35B+28.4% | $1.8B+14.0% | |
| Price / earnings | 124.4×— | 243.5×— | 319.1×— | —— | —— | |
| Price / sales | 1.6×0.0× | 1.8×-0.4× | 2.3×+0.4× | 2.1×+0.5× | 1.6×+0.4× | |
| Price / book | 25.6×+1.1× | 23.2×-20.0× | 40.3×-20.4× | 36×-33.2× | 24.5×+1.6× | |
| EV / EBITDA | 35.1×— | 43.3×— | 54.8×— | 67×— | —— | |
| EV / sales | 1.6×0.0× | 1.8×-0.4× | 2.4×+0.4× | 2.1×+0.4× | 1.7×+0.4× | |
| Free cash flow yield | 5.2%+1.6pp | 5.5%— | 3.4%— | 5.4%— | 3.6%— | |
| Earnings yield | 0.8%+3.9pp | 0.4%+5.9pp | 0.3%+6.6pp | -0.3%+4.6pp | -3.1%-2.6pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Extreme Networks's profit margins?
- Extreme Networks (EXTR) runs a 61.3% gross margin and a 3.3% operating margin, with a 1.3% net margin.
- Where do Extreme Networks's ratios come from?
- Every ratio is computed from Extreme Networks's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
