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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 us-gaap:ResearchAndDevelopmentExpense.

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 R&D?
Extreme Networks (EXTR) reported R&D of $59.18M in Q1 2026.
How has Extreme Networks's R&D changed year-over-year?
Extreme Networks's R&D increased by 6.3% year-over-year, from $55.66M to $59.18M.
What is the long-term trend for Extreme Networks's R&D?
Over 4 years (2021 to 2025), Extreme Networks's R&D has grown at a 3.0% compound annual growth rate (CAGR), from $197M to $221.46M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.