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

EXTREME NETWORKS INC is the larger business by last-quarter revenue ($316.9M vs $193.5M, roughly 1.6× MARCUS CORP). On growth, EXTREME NETWORKS INC posted the faster year-over-year revenue change (11.4% vs 2.8%). MARCUS CORP produced more free cash flow last quarter ($26.4M vs $7.8M). Over the past eight quarters, MARCUS CORP's revenue compounded faster (18.2% CAGR vs 11.1%).

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.

Marcus & Millichap, Inc. is an American company that provides real estate brokerage, mortgage brokerage, research, and advisory services in the U.S. and Canada in the field of commercial property. It popularized the practice of listing properties exclusively with one brokerage firm. The company has over 1,800 employees in more than 80 offices across the U.S. and Canada.

EXTR vs MCS — Head-to-Head

Bigger by revenue
EXTR
EXTR
1.6× larger
EXTR
$316.9M
$193.5M
MCS
Growing faster (revenue YoY)
EXTR
EXTR
+8.6% gap
EXTR
11.4%
2.8%
MCS
More free cash flow
MCS
MCS
$18.6M more FCF
MCS
$26.4M
$7.8M
EXTR
Faster 2-yr revenue CAGR
MCS
MCS
Annualised
MCS
18.2%
11.1%
EXTR

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
EXTR
EXTR
MCS
MCS
Revenue
$316.9M
$193.5M
Net Profit
$10.6M
Gross Margin
61.7%
Operating Margin
5.5%
0.9%
Net Margin
3.3%
Revenue YoY
11.4%
2.8%
Net Profit YoY
202.9%
EPS (diluted)
$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
EXTR
EXTR
MCS
MCS
Q2 26
$316.9M
Q4 25
$317.9M
$193.5M
Q3 25
$310.2M
$210.2M
Q2 25
$307.0M
$206.0M
Q1 25
$284.5M
$148.8M
Q4 24
$279.4M
$188.3M
Q3 24
$269.2M
$232.7M
Q2 24
$256.7M
$176.0M
Net Profit
EXTR
EXTR
MCS
MCS
Q2 26
$10.6M
Q4 25
$7.9M
Q3 25
$5.6M
$16.2M
Q2 25
$-7.8M
$7.3M
Q1 25
$3.5M
$-16.8M
Q4 24
$7.4M
$986.0K
Q3 24
$-10.5M
$23.3M
Q2 24
$-54.2M
$-20.2M
Gross Margin
EXTR
EXTR
MCS
MCS
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
MCS
MCS
Q2 26
5.5%
Q4 25
4.1%
0.9%
Q3 25
3.6%
10.8%
Q2 25
-0.4%
6.3%
Q1 25
3.6%
-13.7%
Q4 24
4.5%
-1.2%
Q3 24
-1.8%
14.1%
Q2 24
-19.1%
1.3%
Net Margin
EXTR
EXTR
MCS
MCS
Q2 26
3.3%
Q4 25
2.5%
Q3 25
1.8%
7.7%
Q2 25
-2.5%
3.6%
Q1 25
1.2%
-11.3%
Q4 24
2.6%
0.5%
Q3 24
-3.9%
10.0%
Q2 24
-21.1%
-11.5%
EPS (diluted)
EXTR
EXTR
MCS
MCS
Q2 26
$0.08
Q4 25
$0.06
Q3 25
$0.04
Q2 25
$-0.07
Q1 25
$0.03
Q4 24
$0.06
Q3 24
$-0.08
Q2 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
EXTR
EXTR
MCS
MCS
Cash + ST InvestmentsLiquidity on hand
$210.1M
$23.4M
Total DebtLower is stronger
$159.0M
Stockholders' EquityBook value
$457.4M
Total Assets
$1.2B
$1.0B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXTR
EXTR
MCS
MCS
Q2 26
$210.1M
Q4 25
$219.8M
$23.4M
Q3 25
$209.0M
$7.4M
Q2 25
$231.7M
$14.9M
Q1 25
$185.5M
$11.9M
Q4 24
$170.3M
$40.8M
Q3 24
$159.5M
$28.4M
Q2 24
$156.7M
$32.8M
Total Debt
EXTR
EXTR
MCS
MCS
Q2 26
Q4 25
$159.0M
Q3 25
$162.0M
Q2 25
$180.0M
$179.9M
Q1 25
$198.9M
Q4 24
$159.1M
Q3 24
$173.1M
Q2 24
$190.0M
$175.7M
Stockholders' Equity
EXTR
EXTR
MCS
MCS
Q2 26
Q4 25
$95.9M
$457.4M
Q3 25
$68.6M
$454.3M
Q2 25
$65.6M
$448.4M
Q1 25
$71.7M
$441.8M
Q4 24
$51.2M
$464.9M
Q3 24
$32.7M
$462.3M
Q2 24
$25.3M
$449.4M
Total Assets
EXTR
EXTR
MCS
MCS
Q2 26
$1.2B
Q4 25
$1.2B
$1.0B
Q3 25
$1.2B
$1.0B
Q2 25
$1.2B
$1.0B
Q1 25
$1.1B
$1.0B
Q4 24
$1.1B
$1.0B
Q3 24
$1.1B
$1.0B
Q2 24
$1.0B
$1.1B
Debt / Equity
EXTR
EXTR
MCS
MCS
Q2 26
Q4 25
0.35×
Q3 25
0.36×
Q2 25
2.74×
0.40×
Q1 25
0.45×
Q4 24
0.34×
Q3 24
0.37×
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
MCS
MCS
Operating Cash FlowLast quarter
$50.3M
$48.8M
Free Cash FlowOCF − Capex
$7.8M
$26.4M
FCF MarginFCF / Revenue
2.5%
13.6%
Capex IntensityCapex / Revenue
11.6%
Cash ConversionOCF / Net Profit
4.75×
TTM Free Cash FlowTrailing 4 quarters
$105.3M
$989.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXTR
EXTR
MCS
MCS
Q2 26
$50.3M
Q4 25
$50.1M
$48.8M
Q3 25
$-14.0M
$39.1M
Q2 25
$81.9M
$31.6M
Q1 25
$30.0M
$-35.3M
Q4 24
$21.5M
$52.6M
Q3 24
$18.6M
$30.5M
Q2 24
$15.5M
$36.0M
Free Cash Flow
EXTR
EXTR
MCS
MCS
Q2 26
$7.8M
Q4 25
$43.0M
$26.4M
Q3 25
$-20.9M
$18.2M
Q2 25
$75.3M
$14.7M
Q1 25
$24.2M
$-58.3M
Q4 24
$16.1M
$27.1M
Q3 24
$11.7M
$12.0M
Q2 24
$11.0M
$16.1M
FCF Margin
EXTR
EXTR
MCS
MCS
Q2 26
2.5%
Q4 25
13.5%
13.6%
Q3 25
-6.7%
8.7%
Q2 25
24.5%
7.1%
Q1 25
8.5%
-39.2%
Q4 24
5.8%
14.4%
Q3 24
4.3%
5.2%
Q2 24
4.3%
9.2%
Capex Intensity
EXTR
EXTR
MCS
MCS
Q2 26
Q4 25
2.2%
11.6%
Q3 25
2.2%
9.9%
Q2 25
2.2%
8.2%
Q1 25
2.0%
15.5%
Q4 24
1.9%
13.5%
Q3 24
2.6%
7.9%
Q2 24
1.7%
11.3%
Cash Conversion
EXTR
EXTR
MCS
MCS
Q2 26
4.75×
Q4 25
6.37×
Q3 25
-2.49×
2.41×
Q2 25
4.32×
Q1 25
8.67×
Q4 24
2.92×
53.31×
Q3 24
1.31×
Q2 24

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%

MCS
MCS

Theatres$123.1M64%
Concessions$51.0M26%
Food And Beverage$21.2M11%

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