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Side-by-side financial comparison of Ecovyst Inc. (ECVT) and EXTREME NETWORKS INC (EXTR). Click either name above to swap in a different company.

EXTREME NETWORKS INC is the larger business by last-quarter revenue ($316.9M vs $199.4M, roughly 1.6× Ecovyst Inc.). On growth, Ecovyst Inc. posted the faster year-over-year revenue change (34.0% vs 11.4%). Ecovyst Inc. produced more free cash flow last quarter ($22.9M vs $7.8M). Over the past eight quarters, Ecovyst Inc.'s revenue compounded faster (18.7% CAGR vs 11.1%).

Ecovyst Inc. is a global sustainable specialty materials provider that develops and manufactures high-performance catalysts and functional additives. Its offerings serve key segments including industrial manufacturing, consumer goods, and environmental protection, helping clients improve operational efficiency and lower carbon emissions across North America, Europe, and Asia-Pacific markets.

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.

ECVT vs EXTR — Head-to-Head

Bigger by revenue
EXTR
EXTR
1.6× larger
EXTR
$316.9M
$199.4M
ECVT
Growing faster (revenue YoY)
ECVT
ECVT
+22.6% gap
ECVT
34.0%
11.4%
EXTR
More free cash flow
ECVT
ECVT
$15.1M more FCF
ECVT
$22.9M
$7.8M
EXTR
Faster 2-yr revenue CAGR
ECVT
ECVT
Annualised
ECVT
18.7%
11.1%
EXTR

Income Statement — Q4 FY2025 vs Q4 FY2026

Metric
ECVT
ECVT
EXTR
EXTR
Revenue
$199.4M
$316.9M
Net Profit
$10.6M
Gross Margin
23.4%
61.7%
Operating Margin
10.9%
5.5%
Net Margin
3.3%
Revenue YoY
34.0%
11.4%
Net Profit YoY
202.9%
EPS (diluted)
$0.06
$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
ECVT
ECVT
EXTR
EXTR
Q2 26
$316.9M
Q4 25
$199.4M
$317.9M
Q3 25
$204.9M
$310.2M
Q2 25
$176.1M
$307.0M
Q1 25
$143.1M
$284.5M
Q4 24
$148.9M
$279.4M
Q3 24
$153.9M
$269.2M
Q2 24
$154.0M
$256.7M
Net Profit
ECVT
ECVT
EXTR
EXTR
Q2 26
$10.6M
Q4 25
$7.9M
Q3 25
$-79.3M
$5.6M
Q2 25
$6.0M
$-7.8M
Q1 25
$-3.6M
$3.5M
Q4 24
$7.4M
Q3 24
$14.3M
$-10.5M
Q2 24
$8.3M
$-54.2M
Gross Margin
ECVT
ECVT
EXTR
EXTR
Q2 26
61.7%
Q4 25
23.4%
61.4%
Q3 25
25.4%
60.6%
Q2 25
22.8%
61.6%
Q1 25
13.3%
61.7%
Q4 24
28.9%
62.7%
Q3 24
29.3%
63.0%
Q2 24
27.3%
44.7%
Operating Margin
ECVT
ECVT
EXTR
EXTR
Q2 26
5.5%
Q4 25
10.9%
4.1%
Q3 25
13.8%
3.6%
Q2 25
9.0%
-0.4%
Q1 25
-0.7%
3.6%
Q4 24
15.1%
4.5%
Q3 24
17.9%
-1.8%
Q2 24
14.1%
-19.1%
Net Margin
ECVT
ECVT
EXTR
EXTR
Q2 26
3.3%
Q4 25
2.5%
Q3 25
-38.7%
1.8%
Q2 25
3.4%
-2.5%
Q1 25
-2.5%
1.2%
Q4 24
2.6%
Q3 24
9.3%
-3.9%
Q2 24
5.4%
-21.1%
EPS (diluted)
ECVT
ECVT
EXTR
EXTR
Q2 26
$0.08
Q4 25
$0.06
$0.06
Q3 25
$-0.69
$0.04
Q2 25
$0.05
$-0.07
Q1 25
$-0.03
$0.03
Q4 24
$-0.26
$0.06
Q3 24
$0.12
$-0.08
Q2 24
$0.07
$-0.40

Balance Sheet & Financial Strength

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

Metric
ECVT
ECVT
EXTR
EXTR
Cash + ST InvestmentsLiquidity on hand
$197.2M
$210.1M
Total DebtLower is stronger
$392.6M
Stockholders' EquityBook value
$603.4M
Total Assets
$1.3B
$1.2B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECVT
ECVT
EXTR
EXTR
Q2 26
$210.1M
Q4 25
$197.2M
$219.8M
Q3 25
$82.0M
$209.0M
Q2 25
$69.6M
$231.7M
Q1 25
$127.5M
$185.5M
Q4 24
$131.4M
$170.3M
Q3 24
$123.5M
$159.5M
Q2 24
$83.3M
$156.7M
Total Debt
ECVT
ECVT
EXTR
EXTR
Q2 26
Q4 25
$392.6M
Q3 25
$854.8M
Q2 25
$856.6M
$180.0M
Q1 25
$859.0M
Q4 24
$860.8M
Q3 24
$862.7M
Q2 24
$862.4M
$190.0M
Stockholders' Equity
ECVT
ECVT
EXTR
EXTR
Q2 26
Q4 25
$603.4M
$95.9M
Q3 25
$607.9M
$68.6M
Q2 25
$692.4M
$65.6M
Q1 25
$698.7M
$71.7M
Q4 24
$700.5M
$51.2M
Q3 24
$729.4M
$32.7M
Q2 24
$717.3M
$25.3M
Total Assets
ECVT
ECVT
EXTR
EXTR
Q2 26
$1.2B
Q4 25
$1.3B
$1.2B
Q3 25
$1.7B
$1.2B
Q2 25
$1.8B
$1.2B
Q1 25
$1.8B
$1.1B
Q4 24
$1.8B
$1.1B
Q3 24
$1.8B
$1.1B
Q2 24
$1.8B
$1.0B
Debt / Equity
ECVT
ECVT
EXTR
EXTR
Q2 26
Q4 25
0.65×
Q3 25
1.41×
Q2 25
1.24×
2.74×
Q1 25
1.23×
Q4 24
1.23×
Q3 24
1.18×
Q2 24
1.20×
7.52×

Cash Flow & Capital Efficiency

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

Metric
ECVT
ECVT
EXTR
EXTR
Operating Cash FlowLast quarter
$41.8M
$50.3M
Free Cash FlowOCF − Capex
$22.9M
$7.8M
FCF MarginFCF / Revenue
11.5%
2.5%
Capex IntensityCapex / Revenue
9.4%
Cash ConversionOCF / Net Profit
4.75×
TTM Free Cash FlowTrailing 4 quarters
$69.9M
$105.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECVT
ECVT
EXTR
EXTR
Q2 26
$50.3M
Q4 25
$41.8M
$50.1M
Q3 25
$55.3M
$-14.0M
Q2 25
$33.0M
$81.9M
Q1 25
$10.3M
$30.0M
Q4 24
$43.5M
$21.5M
Q3 24
$59.9M
$18.6M
Q2 24
$10.0M
$15.5M
Free Cash Flow
ECVT
ECVT
EXTR
EXTR
Q2 26
$7.8M
Q4 25
$22.9M
$43.0M
Q3 25
$53.2M
$-20.9M
Q2 25
$7.8M
$75.3M
Q1 25
$-14.0M
$24.2M
Q4 24
$30.9M
$16.1M
Q3 24
$53.6M
$11.7M
Q2 24
$-9.3M
$11.0M
FCF Margin
ECVT
ECVT
EXTR
EXTR
Q2 26
2.5%
Q4 25
11.5%
13.5%
Q3 25
26.0%
-6.7%
Q2 25
4.4%
24.5%
Q1 25
-9.8%
8.5%
Q4 24
20.7%
5.8%
Q3 24
34.9%
4.3%
Q2 24
-6.1%
4.3%
Capex Intensity
ECVT
ECVT
EXTR
EXTR
Q2 26
Q4 25
9.4%
2.2%
Q3 25
1.0%
2.2%
Q2 25
14.4%
2.2%
Q1 25
16.9%
2.0%
Q4 24
8.5%
1.9%
Q3 24
4.1%
2.6%
Q2 24
12.5%
1.7%
Cash Conversion
ECVT
ECVT
EXTR
EXTR
Q2 26
4.75×
Q4 25
6.37×
Q3 25
-2.49×
Q2 25
5.52×
Q1 25
8.67×
Q4 24
2.92×
Q3 24
4.21×
Q2 24
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ECVT
ECVT

Industrial Mining Automotive$101.3M51%
Regeneration And Treatment Services$90.0M45%
Other$8.1M4%

EXTR
EXTR

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

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