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Side-by-side financial comparison of ASSOCIATED BANC-CORP (ASB) and EXTREME NETWORKS INC (EXTR). Click either name above to swap in a different company.

ASSOCIATED BANC-CORP is the larger business by last-quarter revenue ($383.0M vs $316.9M, roughly 1.2× EXTREME NETWORKS INC). ASSOCIATED BANC-CORP runs the higher net margin — 31.2% vs 3.3%, a 27.9% gap on every dollar of revenue. Over the past eight quarters, EXTREME NETWORKS INC's revenue compounded faster (11.1% CAGR vs 9.1%).

Associated Banc-Corp is a U.S. regional bank holding company providing retail banking, commercial banking, commercial real estate lending, private banking and specialized financial services. Headquartered in Green Bay, Wisconsin, Associated is a Midwest bank with from more than 220 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas.

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.

ASB vs EXTR — Head-to-Head

Bigger by revenue
ASB
ASB
1.2× larger
ASB
$383.0M
$316.9M
EXTR
Higher net margin
ASB
ASB
27.9% more per $
ASB
31.2%
3.3%
EXTR
Faster 2-yr revenue CAGR
EXTR
EXTR
Annualised
EXTR
11.1%
9.1%
ASB

Income Statement — Q1 FY2026 vs Q4 FY2026

Metric
ASB
ASB
EXTR
EXTR
Revenue
$383.0M
$316.9M
Net Profit
$119.6M
$10.6M
Gross Margin
61.7%
Operating Margin
5.5%
Net Margin
31.2%
3.3%
Revenue YoY
11.4%
Net Profit YoY
566.6%
202.9%
EPS (diluted)
$0.70
$0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASB
ASB
EXTR
EXTR
Q2 26
$316.9M
Q1 26
$383.0M
Q4 25
$310.0M
$317.9M
Q3 25
$305.2M
$310.2M
Q2 25
$300.0M
$307.0M
Q1 25
$285.9M
$284.5M
Q4 24
$270.3M
$279.4M
Q3 24
$329.7M
$269.2M
Net Profit
ASB
ASB
EXTR
EXTR
Q2 26
$10.6M
Q1 26
$119.6M
Q4 25
$137.1M
$7.9M
Q3 25
$124.7M
$5.6M
Q2 25
$111.2M
$-7.8M
Q1 25
$101.7M
$3.5M
Q4 24
$-161.6M
$7.4M
Q3 24
$88.0M
$-10.5M
Gross Margin
ASB
ASB
EXTR
EXTR
Q2 26
61.7%
Q1 26
Q4 25
61.4%
Q3 25
60.6%
Q2 25
61.6%
Q1 25
61.7%
Q4 24
62.7%
Q3 24
63.0%
Operating Margin
ASB
ASB
EXTR
EXTR
Q2 26
5.5%
Q1 26
Q4 25
52.6%
4.1%
Q3 25
50.5%
3.6%
Q2 25
46.5%
-0.4%
Q1 25
42.3%
3.6%
Q4 24
-65.8%
4.5%
Q3 24
32.8%
-1.8%
Net Margin
ASB
ASB
EXTR
EXTR
Q2 26
3.3%
Q1 26
31.2%
Q4 25
44.2%
2.5%
Q3 25
40.9%
1.8%
Q2 25
37.1%
-2.5%
Q1 25
35.6%
1.2%
Q4 24
-59.8%
2.6%
Q3 24
26.7%
-3.9%
EPS (diluted)
ASB
ASB
EXTR
EXTR
Q2 26
$0.08
Q1 26
$0.70
Q4 25
$0.80
$0.06
Q3 25
$0.73
$0.04
Q2 25
$0.65
$-0.07
Q1 25
$0.59
$0.03
Q4 24
$-1.10
$0.06
Q3 24
$0.56
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASB
ASB
EXTR
EXTR
Cash + ST InvestmentsLiquidity on hand
$210.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$5.0B
Total Assets
$45.6B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASB
ASB
EXTR
EXTR
Q2 26
$210.1M
Q1 26
Q4 25
$219.8M
Q3 25
$209.0M
Q2 25
$231.7M
Q1 25
$185.5M
Q4 24
$170.3M
Q3 24
$159.5M
Total Debt
ASB
ASB
EXTR
EXTR
Q2 26
Q1 26
Q4 25
$1.0B
Q3 25
$594.1M
Q2 25
$593.5M
$180.0M
Q1 25
$591.4M
Q4 24
$1.4B
Q3 24
$844.3M
Stockholders' Equity
ASB
ASB
EXTR
EXTR
Q2 26
Q1 26
$5.0B
Q4 25
$5.0B
$95.9M
Q3 25
$4.9B
$68.6M
Q2 25
$4.8B
$65.6M
Q1 25
$4.7B
$71.7M
Q4 24
$4.6B
$51.2M
Q3 24
$4.4B
$32.7M
Total Assets
ASB
ASB
EXTR
EXTR
Q2 26
$1.2B
Q1 26
$45.6B
Q4 25
$45.2B
$1.2B
Q3 25
$44.5B
$1.2B
Q2 25
$44.0B
$1.2B
Q1 25
$43.3B
$1.1B
Q4 24
$43.0B
$1.1B
Q3 24
$42.2B
$1.1B
Debt / Equity
ASB
ASB
EXTR
EXTR
Q2 26
Q1 26
Q4 25
0.20×
Q3 25
0.12×
Q2 25
0.12×
2.74×
Q1 25
0.13×
Q4 24
0.31×
Q3 24
0.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASB
ASB
EXTR
EXTR
Operating Cash FlowLast quarter
$50.3M
Free Cash FlowOCF − Capex
$7.8M
FCF MarginFCF / Revenue
2.5%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
4.75×
TTM Free Cash FlowTrailing 4 quarters
$105.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASB
ASB
EXTR
EXTR
Q2 26
$50.3M
Q1 26
Q4 25
$218.1M
$50.1M
Q3 25
$158.0M
$-14.0M
Q2 25
$141.5M
$81.9M
Q1 25
$98.2M
$30.0M
Q4 24
$207.1M
$21.5M
Q3 24
$105.1M
$18.6M
Free Cash Flow
ASB
ASB
EXTR
EXTR
Q2 26
$7.8M
Q1 26
Q4 25
$43.0M
Q3 25
$-20.9M
Q2 25
$75.3M
Q1 25
$24.2M
Q4 24
$16.1M
Q3 24
$11.7M
FCF Margin
ASB
ASB
EXTR
EXTR
Q2 26
2.5%
Q1 26
Q4 25
13.5%
Q3 25
-6.7%
Q2 25
24.5%
Q1 25
8.5%
Q4 24
5.8%
Q3 24
4.3%
Capex Intensity
ASB
ASB
EXTR
EXTR
Q2 26
Q1 26
Q4 25
2.2%
Q3 25
2.2%
Q2 25
2.2%
Q1 25
2.0%
Q4 24
1.9%
Q3 24
2.6%
Cash Conversion
ASB
ASB
EXTR
EXTR
Q2 26
4.75×
Q1 26
Q4 25
1.59×
6.37×
Q3 25
1.27×
-2.49×
Q2 25
1.27×
Q1 25
0.97×
8.67×
Q4 24
2.92×
Q3 24
1.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASB
ASB

Net Interest Income$307.2M80%
Noninterest Income$75.9M20%

EXTR
EXTR

Product$199.4M63%
Subscription and support$117.5M37%

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