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

EXTREME NETWORKS INC is the larger business by last-quarter revenue ($316.9M vs $295.0M, roughly 1.1× HANCOCK WHITNEY CORP). HANCOCK WHITNEY CORP runs the higher net margin — 16.1% vs 3.3%, a 12.7% gap on every dollar of revenue. On growth, EXTREME NETWORKS INC posted the faster year-over-year revenue change (11.4% vs -19.7%). Over the past eight quarters, EXTREME NETWORKS INC's revenue compounded faster (11.1% CAGR vs -9.4%).

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.

Hancock Whitney Corp. is an American bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and the Louisiana Ragin' Cajuns, being the exclusive provider of credit cards for the LSU Tigers, as well as debit cards for both athletic brands.

EXTR vs HWC — Head-to-Head

Bigger by revenue
EXTR
EXTR
1.1× larger
EXTR
$316.9M
$295.0M
HWC
Growing faster (revenue YoY)
EXTR
EXTR
+31.1% gap
EXTR
11.4%
-19.7%
HWC
Higher net margin
HWC
HWC
12.7% more per $
HWC
16.1%
3.3%
EXTR
Faster 2-yr revenue CAGR
EXTR
EXTR
Annualised
EXTR
11.1%
-9.4%
HWC

Income Statement — Q4 FY2026 vs Q1 FY2026

Metric
EXTR
EXTR
HWC
HWC
Revenue
$316.9M
$295.0M
Net Profit
$10.6M
$47.4M
Gross Margin
61.7%
Operating Margin
5.5%
Net Margin
3.3%
16.1%
Revenue YoY
11.4%
-19.7%
Net Profit YoY
202.9%
-60.3%
EPS (diluted)
$0.08
$0.57

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
EXTR
EXTR
HWC
HWC
Q2 26
$316.9M
Q1 26
$295.0M
Q4 25
$317.9M
$389.3M
Q3 25
$310.2M
$385.7M
Q2 25
$307.0M
$375.5M
Q1 25
$284.5M
$364.7M
Q4 24
$279.4M
$364.8M
Q3 24
$269.2M
$367.7M
Net Profit
EXTR
EXTR
HWC
HWC
Q2 26
$10.6M
Q1 26
$47.4M
Q4 25
$7.9M
Q3 25
$5.6M
$127.5M
Q2 25
$-7.8M
Q1 25
$3.5M
Q4 24
$7.4M
Q3 24
$-10.5M
$115.6M
Gross Margin
EXTR
EXTR
HWC
HWC
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
EXTR
EXTR
HWC
HWC
Q2 26
5.5%
Q1 26
Q4 25
4.1%
40.7%
Q3 25
3.6%
41.6%
Q2 25
-0.4%
38.5%
Q1 25
3.6%
40.9%
Q4 24
4.5%
41.3%
Q3 24
-1.8%
39.5%
Net Margin
EXTR
EXTR
HWC
HWC
Q2 26
3.3%
Q1 26
16.1%
Q4 25
2.5%
Q3 25
1.8%
33.0%
Q2 25
-2.5%
Q1 25
1.2%
Q4 24
2.6%
Q3 24
-3.9%
31.4%
EPS (diluted)
EXTR
EXTR
HWC
HWC
Q2 26
$0.08
Q1 26
$0.57
Q4 25
$0.06
$1.48
Q3 25
$0.04
$1.49
Q2 25
$-0.07
$1.32
Q1 25
$0.03
$1.38
Q4 24
$0.06
$1.40
Q3 24
$-0.08
$1.33

Balance Sheet & Financial Strength

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

Metric
EXTR
EXTR
HWC
HWC
Cash + ST InvestmentsLiquidity on hand
$210.1M
$223.7M
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
Total Assets
$1.2B
$35.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXTR
EXTR
HWC
HWC
Q2 26
$210.1M
Q1 26
$223.7M
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
EXTR
EXTR
HWC
HWC
Q2 26
Q1 26
$1.6B
Q4 25
$199.4M
Q3 25
$210.7M
Q2 25
$180.0M
$210.6M
Q1 25
$210.6M
Q4 24
$210.5M
Q3 24
$236.4M
Stockholders' Equity
EXTR
EXTR
HWC
HWC
Q2 26
Q1 26
Q4 25
$95.9M
$4.5B
Q3 25
$68.6M
$4.5B
Q2 25
$65.6M
$4.4B
Q1 25
$71.7M
$4.3B
Q4 24
$51.2M
$4.1B
Q3 24
$32.7M
$4.2B
Total Assets
EXTR
EXTR
HWC
HWC
Q2 26
$1.2B
Q1 26
$35.5B
Q4 25
$1.2B
$35.5B
Q3 25
$1.2B
$35.8B
Q2 25
$1.2B
$35.2B
Q1 25
$1.1B
$34.8B
Q4 24
$1.1B
$35.1B
Q3 24
$1.1B
$35.2B
Debt / Equity
EXTR
EXTR
HWC
HWC
Q2 26
Q1 26
Q4 25
0.04×
Q3 25
0.05×
Q2 25
2.74×
0.05×
Q1 25
0.05×
Q4 24
0.05×
Q3 24
0.06×

Cash Flow & Capital Efficiency

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

Metric
EXTR
EXTR
HWC
HWC
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
EXTR
EXTR
HWC
HWC
Q2 26
$50.3M
Q1 26
Q4 25
$50.1M
$541.8M
Q3 25
$-14.0M
$158.8M
Q2 25
$81.9M
$125.8M
Q1 25
$30.0M
$104.2M
Q4 24
$21.5M
$625.7M
Q3 24
$18.6M
$162.5M
Free Cash Flow
EXTR
EXTR
HWC
HWC
Q2 26
$7.8M
Q1 26
Q4 25
$43.0M
$523.1M
Q3 25
$-20.9M
$155.0M
Q2 25
$75.3M
$122.0M
Q1 25
$24.2M
$100.2M
Q4 24
$16.1M
$615.5M
Q3 24
$11.7M
$158.6M
FCF Margin
EXTR
EXTR
HWC
HWC
Q2 26
2.5%
Q1 26
Q4 25
13.5%
134.4%
Q3 25
-6.7%
40.2%
Q2 25
24.5%
32.5%
Q1 25
8.5%
27.5%
Q4 24
5.8%
168.7%
Q3 24
4.3%
43.1%
Capex Intensity
EXTR
EXTR
HWC
HWC
Q2 26
Q1 26
Q4 25
2.2%
4.8%
Q3 25
2.2%
1.0%
Q2 25
2.2%
1.0%
Q1 25
2.0%
1.1%
Q4 24
1.9%
2.8%
Q3 24
2.6%
1.1%
Cash Conversion
EXTR
EXTR
HWC
HWC
Q2 26
4.75×
Q1 26
Q4 25
6.37×
Q3 25
-2.49×
1.25×
Q2 25
Q1 25
8.67×
Q4 24
2.92×
Q3 24
1.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXTR
EXTR

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

HWC
HWC

Segment breakdown not available.

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