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Side-by-side financial comparison of EXTREME NETWORKS INC (EXTR) and Liberty Broadband Corp (LBRDA). Click either name above to swap in a different company.

EXTREME NETWORKS INC is the larger business by last-quarter revenue ($316.9M vs $261.0M, roughly 1.2× Liberty Broadband Corp). Liberty Broadband Corp runs the higher net margin — 146.7% vs 3.3%, a 143.4% gap on every dollar of revenue. On growth, EXTREME NETWORKS INC posted the faster year-over-year revenue change (11.4% vs 6.1%). Liberty Broadband Corp produced more free cash flow last quarter ($37.0M vs $7.8M). Over the past eight quarters, EXTREME NETWORKS INC's revenue compounded faster (11.1% CAGR vs 4.3%).

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.

Liberty Global Ltd. is a British-Dutch-American multinational telecommunications company domiciled in Bermuda, with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Holdings Limited (UK), Liberty Global B.V. (Netherlands) and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).

EXTR vs LBRDA — Head-to-Head

Bigger by revenue
EXTR
EXTR
1.2× larger
EXTR
$316.9M
$261.0M
LBRDA
Growing faster (revenue YoY)
EXTR
EXTR
+5.3% gap
EXTR
11.4%
6.1%
LBRDA
Higher net margin
LBRDA
LBRDA
143.4% more per $
LBRDA
146.7%
3.3%
EXTR
More free cash flow
LBRDA
LBRDA
$29.2M more FCF
LBRDA
$37.0M
$7.8M
EXTR
Faster 2-yr revenue CAGR
EXTR
EXTR
Annualised
EXTR
11.1%
4.3%
LBRDA

Income Statement — Q4 FY2026 vs Q2 FY2025

Metric
EXTR
EXTR
LBRDA
LBRDA
Revenue
$316.9M
$261.0M
Net Profit
$10.6M
$383.0M
Gross Margin
61.7%
Operating Margin
5.5%
15.7%
Net Margin
3.3%
146.7%
Revenue YoY
11.4%
6.1%
Net Profit YoY
202.9%
96.4%
EPS (diluted)
$0.08
$2.68

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
LBRDA
LBRDA
Q2 26
$316.9M
Q4 25
$317.9M
Q3 25
$310.2M
Q2 25
$307.0M
$261.0M
Q1 25
$284.5M
$266.0M
Q4 24
$279.4M
$263.0M
Q3 24
$269.2M
$262.0M
Q2 24
$256.7M
$246.0M
Net Profit
EXTR
EXTR
LBRDA
LBRDA
Q2 26
$10.6M
Q4 25
$7.9M
Q3 25
$5.6M
Q2 25
$-7.8M
$383.0M
Q1 25
$3.5M
$268.0M
Q4 24
$7.4M
$291.0M
Q3 24
$-10.5M
$142.0M
Q2 24
$-54.2M
$195.0M
Gross Margin
EXTR
EXTR
LBRDA
LBRDA
Q2 26
61.7%
Q4 25
61.4%
Q3 25
60.6%
Q2 25
61.6%
Q1 25
61.7%
Q4 24
62.7%
Q3 24
63.0%
Q2 24
44.7%
Operating Margin
EXTR
EXTR
LBRDA
LBRDA
Q2 26
5.5%
Q4 25
4.1%
Q3 25
3.6%
Q2 25
-0.4%
15.7%
Q1 25
3.6%
16.2%
Q4 24
4.5%
4.9%
Q3 24
-1.8%
11.5%
Q2 24
-19.1%
8.5%
Net Margin
EXTR
EXTR
LBRDA
LBRDA
Q2 26
3.3%
Q4 25
2.5%
Q3 25
1.8%
Q2 25
-2.5%
146.7%
Q1 25
1.2%
100.8%
Q4 24
2.6%
110.6%
Q3 24
-3.9%
54.2%
Q2 24
-21.1%
79.3%
EPS (diluted)
EXTR
EXTR
LBRDA
LBRDA
Q2 26
$0.08
Q4 25
$0.06
Q3 25
$0.04
Q2 25
$-0.07
$2.68
Q1 25
$0.03
$1.87
Q4 24
$0.06
$2.04
Q3 24
$-0.08
$0.99
Q2 24
$-0.40
$1.36

Balance Sheet & Financial Strength

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

Metric
EXTR
EXTR
LBRDA
LBRDA
Cash + ST InvestmentsLiquidity on hand
$210.1M
$180.0M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$10.4B
Total Assets
$1.2B
$16.6B
Debt / EquityLower = less leverage
0.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXTR
EXTR
LBRDA
LBRDA
Q2 26
$210.1M
Q4 25
$219.8M
Q3 25
$209.0M
Q2 25
$231.7M
$180.0M
Q1 25
$185.5M
$226.0M
Q4 24
$170.3M
$163.0M
Q3 24
$159.5M
$168.0M
Q2 24
$156.7M
$73.0M
Total Debt
EXTR
EXTR
LBRDA
LBRDA
Q2 26
Q4 25
Q3 25
Q2 25
$180.0M
$3.1B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$3.7B
Q2 24
$190.0M
$3.6B
Stockholders' Equity
EXTR
EXTR
LBRDA
LBRDA
Q2 26
Q4 25
$95.9M
Q3 25
$68.6M
Q2 25
$65.6M
$10.4B
Q1 25
$71.7M
$10.1B
Q4 24
$51.2M
$9.8B
Q3 24
$32.7M
$9.5B
Q2 24
$25.3M
$9.3B
Total Assets
EXTR
EXTR
LBRDA
LBRDA
Q2 26
$1.2B
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
$16.6B
Q1 25
$1.1B
$17.0B
Q4 24
$1.1B
$16.7B
Q3 24
$1.1B
$16.3B
Q2 24
$1.0B
$16.0B
Debt / Equity
EXTR
EXTR
LBRDA
LBRDA
Q2 26
Q4 25
Q3 25
Q2 25
2.74×
0.30×
Q1 25
0.38×
Q4 24
0.38×
Q3 24
0.39×
Q2 24
7.52×
0.39×

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
LBRDA
LBRDA
Operating Cash FlowLast quarter
$50.3M
$91.0M
Free Cash FlowOCF − Capex
$7.8M
$37.0M
FCF MarginFCF / Revenue
2.5%
14.2%
Capex IntensityCapex / Revenue
20.7%
Cash ConversionOCF / Net Profit
4.75×
0.24×
TTM Free Cash FlowTrailing 4 quarters
$105.3M
$-49.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXTR
EXTR
LBRDA
LBRDA
Q2 26
$50.3M
Q4 25
$50.1M
Q3 25
$-14.0M
Q2 25
$81.9M
$91.0M
Q1 25
$30.0M
$78.0M
Q4 24
$21.5M
$1.0M
Q3 24
$18.6M
$24.0M
Q2 24
$15.5M
$27.0M
Free Cash Flow
EXTR
EXTR
LBRDA
LBRDA
Q2 26
$7.8M
Q4 25
$43.0M
Q3 25
$-20.9M
Q2 25
$75.3M
$37.0M
Q1 25
$24.2M
$13.0M
Q4 24
$16.1M
$-63.0M
Q3 24
$11.7M
$-36.0M
Q2 24
$11.0M
$-35.0M
FCF Margin
EXTR
EXTR
LBRDA
LBRDA
Q2 26
2.5%
Q4 25
13.5%
Q3 25
-6.7%
Q2 25
24.5%
14.2%
Q1 25
8.5%
4.9%
Q4 24
5.8%
-24.0%
Q3 24
4.3%
-13.7%
Q2 24
4.3%
-14.2%
Capex Intensity
EXTR
EXTR
LBRDA
LBRDA
Q2 26
Q4 25
2.2%
Q3 25
2.2%
Q2 25
2.2%
20.7%
Q1 25
2.0%
24.4%
Q4 24
1.9%
24.3%
Q3 24
2.6%
22.9%
Q2 24
1.7%
25.2%
Cash Conversion
EXTR
EXTR
LBRDA
LBRDA
Q2 26
4.75×
Q4 25
6.37×
Q3 25
-2.49×
Q2 25
0.24×
Q1 25
8.67×
0.29×
Q4 24
2.92×
0.00×
Q3 24
0.17×
Q2 24
0.14×

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%

LBRDA
LBRDA

Segment breakdown not available.

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