Extreme Networks, Inc. (EXTR)

Nasdaq Information Technology Communications Equipment S&P SmallCap 600

$24.03

+2.98 (+14.16%)

Close of Nov 06, 2026 · end-of-day data

Source: Extreme Networks, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$607.08M	$983.14M	$995.79M	$948.02M	$1.01B	$1.11B	$1.31B	$1.12B	$1.14B	$1.28B
Cost of revenue	$276.13M	$448.62M	$444.55M	$430.18M	$424.30M	$482.38M	$557.73M	$486.37M	$430.94M	$494.45M
Gross profit	$330.96M	$534.52M	$551.24M	$517.84M	$585.12M	$629.94M	$754.72M	$630.83M	$709.13M	$789.14M
Research & development	$93.72M	$183.88M	$210.13M	$209.61M	$197.00M	$190.59M	$214.27M	$211.93M	$221.46M	$233.88M
Operating income	$6.04M	-$38.21M	-$14.73M	-$98.90M	$34.38M	$64.19M	$108.31M	-$65.20M	$16.95M	$62.70M
Interest expense	$4.09M	$13.92M	$12.60M	$23.75M	$22.86M	$12.79M	$17.39M	$16.99M	$15.93M	$13.78M
Pre-tax income	$2.60M	-$46.65M	-$25.87M	-$120.49M	$10.19M	$52.19M	$94.11M	-$77.50M	$4.27M	$51.47M
Income tax	$4.34M	$145.00K	-$21.00K	$6.35M	$8.25M	$7.92M	$16.03M	$8.46M	$11.74M	$9.36M
Net income	-$1.74M	-$46.79M	-$25.85M	-$126.84M	$1.94M	$44.27M	$78.07M	-$85.96M	-$7.47M	$42.12M
EBITDA	$16.66M	-$14.74M	$12.16M	-$70.30M	$57.34M	$84.40M	$128.20M	-$41.07M	$31.65M	$78.50M
EPS (basic)	$-0.02	$-0.41	$-0.22	$-1.06	$0.02	$0.34	$0.60	$-0.66	$-0.06	$0.32
EPS (diluted)	$-0.02	$-0.41	$-0.22	$-1.06	$0.02	$0.33	$0.58	$-0.66	$-0.06	$0.31
Diluted shares	108.27M	114.22M	117.95M	119.81M	127.67M	133.49M	133.65M	129.29M	132.33M	134.97M
Gross margin	54.5%	54.4%	55.4%	54.6%	58.0%	56.6%	57.5%	56.5%	62.2%	61.5%
Operating margin	1.0%	-3.9%	-1.5%	-10.4%	3.4%	5.8%	8.3%	-5.8%	1.5%	4.9%
Net margin	-0.3%	-4.8%	-2.6%	-13.4%	0.2%	4.0%	5.9%	-7.7%	-0.7%	3.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash & equivalents	$130.45M	$121.14M	$169.61M	$193.87M	$246.89M	$194.52M	$234.83M	$156.70M	$231.75M	$211.76M
Receivables	$93.11M	$212.42M	$174.41M	$122.73M	$156.48M	$184.10M	$182.04M	$89.52M	$126.71M	$164.59M
Inventory	$47.41M	$63.87M	$63.59M	$62.59M	$32.88M	$49.23M	$89.02M	$141.03M	$102.58M	$69.95M
Total current assets	$298.84M	$427.91M	$441.99M	$414.21M	$487.60M	$489.09M	$576.16M	$466.93M	$535.30M	$549.80M
Goodwill	$80.22M	$139.08M	$138.58M	$331.16M	$331.16M	$400.14M	$394.75M	$393.71M	$399.57M	$397.77M
Total assets	$459.70M	$770.25M	$756.87M	$979.09M	$1.01B	$1.07B	$1.14B	$1.04B	$1.15B	$1.18B
Total current liabilities	$213.21M	$359.87M	$356.03M	$397.82M	$455.70M	$500.18M	$575.50M	$517.59M	$587.88M	$592.67M
Short-term debt	$12.28M	$9.01M	$9.01M	$16.52M	$23.72M	$33.35M	$34.33M	$9.33M	$14.27M	$19.34M
Long-term debt	$80.42M	$188.75M	$169.74M	$394.58M	$315.87M	$270.57M	$187.59M	$178.26M	$163.72M	$144.38M
Total debt	$92.70M	$197.76M	$178.75M	$411.10M	$339.59M	$303.92M	$221.92M	$187.59M	$178.00M	$163.72M
Total liabilities	$334.02M	$657.52M	$640.89M	$973.69M	$955.62M	$978.17M	$1.02B	$1.02B	$1.09B	$1.09B
Shareholders' equity	$125.68M	$112.73M	$115.99M	$5.40M	$54.47M	$90.34M	$116.75M	$25.28M	$65.58M	$88.59M

Cash flow

fiscal years · USD

Fiscal year	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Operating cash flow	$59.28M	$19.04M	$104.94M	$35.88M	$144.53M	$128.18M	$249.21M	$55.49M	$152.03M	$123.18M
Capital expenditures	$10.43M	$40.41M	$22.73M	$15.27M	$17.18M	$15.43M	$13.80M	$18.12M	$24.71M	$27.94M
Free cash flow	$48.86M	-$21.37M	$82.22M	$20.62M	$127.36M	$112.74M	$235.41M	$37.37M	$127.32M	$95.24M
Investing cash flow	-$71.75M	-$132.47M	-$21.81M	-$189.48M	-$17.18M	-$84.95M	-$13.80M	-$18.12M	-$24.71M	-$27.94M
Financing cash flow	$48.71M	$104.75M	-$34.44M	$178.49M	-$74.78M	-$94.66M	-$194.78M	-$114.98M	-$52.59M	-$114.50M
Share buybacks	—	—	$15.00M	$30.00M	—	$44.97M	$99.86M	$49.85M	$37.99M	$87.00M
Stock-based compensation	$12.63M	$27.63M	$32.90M	$37.84M	$39.05M	$43.36M	$63.47M	$76.76M	$82.31M	$88.26M
Depreciation & amortization	$10.62M	$23.47M	$26.89M	$28.60M	$22.96M	$20.21M	$19.89M	$24.13M	$14.70M	$15.81M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$296.38M	$211.04M	$256.65M	$269.20M	$279.36M	$284.50M	$307.00M	$310.25M	$317.93M	$316.87M	$338.55M	$341.09M
Cost of revenue	$113.01M	$91.14M	$142.03M	$99.70M	$104.23M	$109.10M	$117.92M	$122.22M	$122.84M	$121.33M	$128.06M	$129.16M
Gross profit	$183.37M	$119.90M	$114.62M	$169.51M	$175.12M	$175.41M	$189.09M	$188.03M	$195.08M	$195.54M	$210.49M	$211.94M
Research & development	$52.83M	$54.52M	$46.56M	$54.45M	$54.88M	$55.66M	$56.47M	$57.75M	$57.52M	$59.18M	$59.42M	$57.82M
Operating income	$10.32M	-$62.47M	-$48.95M	-$4.72M	$12.66M	$10.38M	-$1.38M	$11.29M	$12.99M	$17.34M	$21.07M	$23.09M
Interest expense	$4.27M	$4.18M	$4.22M	$4.42M	$4.18M	$3.80M	$3.53M	$3.65M	$3.36M	$3.25M	$3.52M	$5.21M
Pre-tax income	$7.06M	-$65.05M	-$52.75M	-$9.01M	$9.99M	$7.17M	-$3.87M	$8.35M	$10.40M	$14.81M	$17.91M	$18.45M
Income tax	$3.07M	-$623.00K	$1.46M	$1.49M	$2.60M	$3.71M	$3.94M	$2.74M	$2.53M	$4.22M	-$135.00K	$2.47M
Net income	$3.99M	-$64.42M	-$54.20M	-$10.50M	$7.38M	$3.46M	-$7.80M	$5.61M	$7.88M	$10.59M	$18.04M	$15.98M
EBITDA	$14.94M	-$58.13M	-$38.63M	-$776.00K	$16.53M	$13.83M	$2.07M	$15.09M	$16.99M	$21.15M	$25.28M	$27.23M
EPS (basic)	$0.03	$-0.50	$-0.41	$-0.08	$0.06	$0.03	$-0.06	$0.04	$0.06	$0.08	$0.14	$0.12
EPS (diluted)	$0.03	$-0.50	$-0.41	$-0.08	$0.06	$0.03	$-0.06	$0.04	$0.06	$0.08	$0.13	$0.12
Diluted shares	131.51M	129.30M	267.00K	131.18M	134.11M	134.59M	-1.44M	135.07M	135.17M	133.59M	53.00K	134.68M
Gross margin	61.9%	56.8%	44.7%	63.0%	62.7%	61.7%	61.6%	60.6%	61.4%	61.7%	62.2%	62.1%
Operating margin	3.5%	-29.6%	-19.1%	-1.8%	4.5%	3.6%	-0.4%	3.6%	4.1%	5.5%	6.2%	6.8%
Net margin	1.3%	-30.5%	-21.1%	-3.9%	2.6%	1.2%	-2.5%	1.8%	2.5%	3.3%	5.3%	4.7%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$221.40M	$151.01M	$156.70M	$159.55M	$170.32M	$185.48M	$231.75M	$209.00M	$219.79M	$210.11M	$211.76M	$244.52M
Receivables	$112.05M	$94.44M	$89.52M	$97.21M	$117.58M	$99.55M	$126.71M	$145.80M	$152.43M	$162.71M	$164.59M	$167.65M
Inventory	$152.52M	$185.36M	$141.03M	$143.56M	$132.28M	$115.74M	$102.58M	$93.73M	$83.59M	$76.63M	$69.95M	$100.03M
Total current assets	$558.24M	$505.98M	$466.93M	$476.77M	$495.29M	$476.60M	$535.30M	$525.86M	$535.73M	$541.80M	$549.80M	$670.93M
Goodwill	$395.61M	$394.18M	$393.71M	$396.35M	$391.98M	$394.38M	$399.57M	$399.63M	$399.85M	$398.21M	$397.77M	$397.42M
Total assets	$1.14B	$1.09B	$1.04B	$1.06B	$1.08B	$1.07B	$1.15B	$1.15B	$1.17B	$1.17B	$1.18B	$1.30B
Total current liabilities	$548.97M	$528.30M	$517.59M	$526.41M	$534.22M	$511.96M	$587.88M	$577.49M	$565.14M	$593.26M	$592.67M	$658.77M
Short-term debt	$9.32M	$9.33M	$9.33M	$10.49M	$11.75M	$13.01M	$14.27M	$40.54M	$16.80M	$48.07M	$19.34M	$0
Long-term debt	$182.93M	$180.60M	$178.26M	$174.43M	$170.87M	$167.29M	$163.72M	$158.90M	$154.06M	$149.22M	$144.38M	$200.00M
Total debt	$192.26M	$189.92M	$187.59M	$184.92M	$182.61M	$180.30M	$178.00M	$199.43M	$170.87M	$197.29M	$163.72M	$200.00M
Total liabilities	$1.03B	$1.02B	$1.02B	$1.02B	$1.03B	$1.00B	$1.09B	$1.08B	$1.07B	$1.09B	$1.09B	$1.21B
Shareholders' equity	$108.18M	$64.96M	$25.28M	$32.72M	$51.21M	$71.70M	$65.58M	$68.56M	$95.91M	$78.97M	$88.59M	$87.98M

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$34.23M	-$69.87M	$15.49M	$18.59M	$21.53M	$29.97M	$81.94M	-$14.00M	$50.14M	$14.19M	$72.85M	$45.42M
Capital expenditures	$5.64M	$3.68M	$4.49M	$6.92M	$5.40M	$5.70M	$6.65M	$6.86M	$7.10M	$6.40M	$7.58M	$6.76M
Free cash flow	$28.59M	-$73.55M	$11.00M	$11.67M	$16.13M	$24.27M	$75.29M	-$20.85M	$43.04M	$7.79M	$65.27M	$38.66M
Investing cash flow	-$5.64M	-$3.68M	-$4.49M	-$6.92M	-$5.41M	-$5.74M	-$6.65M	-$6.86M	-$7.07M	-$6.44M	-$7.58M	-$6.76M
Financing cash flow	-$31.78M	$3.32M	-$5.06M	-$9.12M	-$4.87M	-$9.11M	-$29.48M	-$1.72M	-$32.28M	-$16.85M	-$63.65M	-$5.80M
Share buybacks	$24.97M	$0	$0	—	—	—	$24.99M	$12.00M	$0	$50.00M	$25.00M	$25.00M
Stock-based compensation	$20.96M	$17.83M	$18.05M	$19.77M	$21.45M	$20.35M	$20.74M	$21.78M	$22.90M	$21.77M	$21.81M	$21.46M
Depreciation & amortization	$4.62M	$4.34M	$10.31M	$3.94M	$3.86M	$3.46M	$3.44M	$3.80M	$3.99M	$3.81M	$4.21M	$4.14M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.