What is Extreme Networks's share buybacks?

Extreme Networks (EXTR) reported share buybacks of $50M in Q1 2026.

What does share buybacks mean?

Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

Extreme Networks EXTR Share Buybacks

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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 / equity3×-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:PaymentsForRepurchaseOfCommonStock.

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 share buybacks?: Extreme Networks (EXTR) reported share buybacks of $50M in Q1 2026.
What does share buybacks mean?: Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.