EXTREME NETWORKS INCEXTREarnings & Financial Report
Extreme Networks, Inc. is an American networking company based in Morrisville, North Carolina. Extreme Networks designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security and access controls.
Revenue
$256.7M
Gross Profit
$114.6M
Operating Profit
$-48.9M
Net Profit
$-54.2M
Gross Margin
44.7%
Operating Margin
-19.1%
Net Margin
-21.1%
YoY Growth
-29.5%
EPS
$-0.40
EXTREME NETWORKS INC Q4 FY2024 Financial Summary
EXTREME NETWORKS INC reported revenue of $256.7M (down 29.5% YoY) for Q4 FY2024, with a net profit of $-54.2M (down 313.2% YoY) (-21.1% margin). Cost of goods sold was $142.0M, operating expenses totaled $163.6M.
Key Financial Metrics
| Total Revenue | $256.7M |
|---|---|
| Net Profit | $-54.2M |
| Gross Margin | 44.7% |
| Operating Margin | -19.1% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
EXTREME NETWORKS INC Q4 FY2024 revenue of $256.7M breaks down across 2 segments, led by Products at $152.7M (59.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $152.7M | 59.5% |
| Subscription And Support | $103.9M | 40.5% |
EXTREME NETWORKS INC Revenue by Segment — Quarterly Trend
EXTREME NETWORKS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Subscription And Support) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Products | $197.8M | $194.0M | $191.9M | $178.1M |
| Subscription And Support | $120.2M | $116.2M | $115.1M | $106.4M |
EXTREME NETWORKS INC Annual Revenue by Year
EXTREME NETWORKS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.1B |
| 2024 | $1.1B |
| 2023 | $1.3B |
| 2022 | $1.1B |
EXTREME NETWORKS INC Quarterly Revenue & Net Profit History
EXTREME NETWORKS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $317.9M | +13.8% | $7.9M | 2.5% |
| Q1 FY2026 | $310.2M | +15.2% | $5.6M | 1.8% |
| Q4 FY2025 | $307.0M | +19.6% | $-7.8M | -2.5% |
| Q3 FY2025 | $284.5M | +34.8% | $3.5M | 1.2% |
| Q2 FY2025 | $279.4M | -5.7% | $7.4M | 2.6% |
| Q1 FY2025 | $269.2M | -23.8% | $-10.5M | -3.9% |
| Q4 FY2024 | $256.7M | -29.5% | $-54.2M | -21.1% |
| Q3 FY2024 | $211.0M | -36.5% | $-64.4M | -30.5% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $211.0M | $256.7M | $269.2M | $279.4M | $284.5M | $307.0M | $310.2M | $317.9M |
| YoY Growth | -36.5% | -29.5% | -23.8% | -5.7% | 34.8% | 19.6% | 15.2% | 13.8% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.09B | $1.04B | $1.06B | $1.08B | $1.07B | $1.15B | $1.15B | $1.17B |
| Liabilities | $1.02B | $1.02B | $1.02B | $1.03B | $1.00B | $1.09B | N/A | N/A |
| Equity | $65.0M | $25.3M | $32.7M | $51.2M | $71.7M | $65.6M | $68.6M | $95.9M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-69.9M | $15.5M | $18.6M | $21.5M | $30.0M | $81.9M | $-14.0M | $50.1M |