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

EXTREME NETWORKS INC is the larger business by last-quarter revenue ($316.9M vs $212.2M, roughly 1.5× LiveRamp Holdings, Inc.). LiveRamp Holdings, Inc. runs the higher net margin — 18.8% vs 3.3%, a 15.4% gap on every dollar of revenue. On growth, EXTREME NETWORKS INC posted the faster year-over-year revenue change (11.4% vs 8.6%). Over the past eight quarters, LiveRamp Holdings, Inc.'s revenue compounded faster (11.1% 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.

LiveRamp Holdings, Inc., is an American SaaS company that offers a data connectivity platform whose services include data onboarding, the transfer of offline data online for marketing purposes.

EXTR vs RAMP — Head-to-Head

Bigger by revenue
EXTR
EXTR
1.5× larger
EXTR
$316.9M
$212.2M
RAMP
Growing faster (revenue YoY)
EXTR
EXTR
+2.8% gap
EXTR
11.4%
8.6%
RAMP
Higher net margin
RAMP
RAMP
15.4% more per $
RAMP
18.8%
3.3%
EXTR
Faster 2-yr revenue CAGR
RAMP
RAMP
Annualised
RAMP
11.1%
11.1%
EXTR

Income Statement — Q4 FY2026 vs Q3 FY2026

Metric
EXTR
EXTR
RAMP
RAMP
Revenue
$316.9M
$212.2M
Net Profit
$10.6M
$39.9M
Gross Margin
61.7%
71.9%
Operating Margin
5.5%
18.6%
Net Margin
3.3%
18.8%
Revenue YoY
11.4%
8.6%
Net Profit YoY
202.9%
255.7%
EPS (diluted)
$0.08
$0.62

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
RAMP
RAMP
Q2 26
$316.9M
Q4 25
$317.9M
$212.2M
Q3 25
$310.2M
$199.8M
Q2 25
$307.0M
$194.8M
Q1 25
$284.5M
$188.7M
Q4 24
$279.4M
$195.4M
Q3 24
$269.2M
$185.5M
Q2 24
$256.7M
$176.0M
Net Profit
EXTR
EXTR
RAMP
RAMP
Q2 26
$10.6M
Q4 25
$7.9M
$39.9M
Q3 25
$5.6M
$27.4M
Q2 25
$-7.8M
$7.7M
Q1 25
$3.5M
$-6.3M
Q4 24
$7.4M
$11.2M
Q3 24
$-10.5M
$1.7M
Q2 24
$-54.2M
$-7.5M
Gross Margin
EXTR
EXTR
RAMP
RAMP
Q2 26
61.7%
Q4 25
61.4%
71.9%
Q3 25
60.6%
70.2%
Q2 25
61.6%
70.1%
Q1 25
61.7%
69.3%
Q4 24
62.7%
71.9%
Q3 24
63.0%
72.4%
Q2 24
44.7%
70.6%
Operating Margin
EXTR
EXTR
RAMP
RAMP
Q2 26
5.5%
Q4 25
4.1%
18.6%
Q3 25
3.6%
10.7%
Q2 25
-0.4%
3.7%
Q1 25
3.6%
-6.1%
Q4 24
4.5%
7.5%
Q3 24
-1.8%
4.0%
Q2 24
-19.1%
-3.0%
Net Margin
EXTR
EXTR
RAMP
RAMP
Q2 26
3.3%
Q4 25
2.5%
18.8%
Q3 25
1.8%
13.7%
Q2 25
-2.5%
4.0%
Q1 25
1.2%
-3.3%
Q4 24
2.6%
5.7%
Q3 24
-3.9%
0.9%
Q2 24
-21.1%
-4.3%
EPS (diluted)
EXTR
EXTR
RAMP
RAMP
Q2 26
$0.08
Q4 25
$0.06
$0.62
Q3 25
$0.04
$0.42
Q2 25
$-0.07
$0.12
Q1 25
$0.03
$-0.10
Q4 24
$0.06
$0.17
Q3 24
$-0.08
$0.03
Q2 24
$-0.40
$-0.11

Balance Sheet & Financial Strength

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

Metric
EXTR
EXTR
RAMP
RAMP
Cash + ST InvestmentsLiquidity on hand
$210.1M
$403.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$962.3M
Total Assets
$1.2B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXTR
EXTR
RAMP
RAMP
Q2 26
$210.1M
Q4 25
$219.8M
$403.4M
Q3 25
$209.0M
$376.9M
Q2 25
$231.7M
$371.1M
Q1 25
$185.5M
$420.8M
Q4 24
$170.3M
$384.3M
Q3 24
$159.5M
$348.4M
Q2 24
$156.7M
$342.7M
Total Debt
EXTR
EXTR
RAMP
RAMP
Q2 26
Q4 25
Q3 25
Q2 25
$180.0M
Q1 25
Q4 24
Q3 24
Q2 24
$190.0M
Stockholders' Equity
EXTR
EXTR
RAMP
RAMP
Q2 26
Q4 25
$95.9M
$962.3M
Q3 25
$68.6M
$943.8M
Q2 25
$65.6M
$947.8M
Q1 25
$71.7M
$948.9M
Q4 24
$51.2M
$957.7M
Q3 24
$32.7M
$932.1M
Q2 24
$25.3M
$951.9M
Total Assets
EXTR
EXTR
RAMP
RAMP
Q2 26
$1.2B
Q4 25
$1.2B
$1.3B
Q3 25
$1.2B
$1.2B
Q2 25
$1.2B
$1.2B
Q1 25
$1.1B
$1.3B
Q4 24
$1.1B
$1.3B
Q3 24
$1.1B
$1.2B
Q2 24
$1.0B
$1.2B
Debt / Equity
EXTR
EXTR
RAMP
RAMP
Q2 26
Q4 25
Q3 25
Q2 25
2.74×
Q1 25
Q4 24
Q3 24
Q2 24
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
EXTR
EXTR
RAMP
RAMP
Operating Cash FlowLast quarter
$50.3M
Free Cash FlowOCF − Capex
$7.8M
FCF MarginFCF / Revenue
2.5%
Capex IntensityCapex / Revenue
0.1%
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
RAMP
RAMP
Q2 26
$50.3M
Q4 25
$50.1M
Q3 25
$-14.0M
$57.4M
Q2 25
$81.9M
$-15.8M
Q1 25
$30.0M
Q4 24
$21.5M
$45.1M
Q3 24
$18.6M
$55.6M
Q2 24
$15.5M
$-9.3M
Free Cash Flow
EXTR
EXTR
RAMP
RAMP
Q2 26
$7.8M
Q4 25
$43.0M
Q3 25
$-20.9M
$56.8M
Q2 25
$75.3M
$-16.2M
Q1 25
$24.2M
Q4 24
$16.1M
$44.8M
Q3 24
$11.7M
$55.4M
Q2 24
$11.0M
$-9.6M
FCF Margin
EXTR
EXTR
RAMP
RAMP
Q2 26
2.5%
Q4 25
13.5%
Q3 25
-6.7%
28.4%
Q2 25
24.5%
-8.3%
Q1 25
8.5%
Q4 24
5.8%
22.9%
Q3 24
4.3%
29.8%
Q2 24
4.3%
-5.4%
Capex Intensity
EXTR
EXTR
RAMP
RAMP
Q2 26
Q4 25
2.2%
0.1%
Q3 25
2.2%
0.3%
Q2 25
2.2%
0.2%
Q1 25
2.0%
0.2%
Q4 24
1.9%
0.1%
Q3 24
2.6%
0.1%
Q2 24
1.7%
0.1%
Cash Conversion
EXTR
EXTR
RAMP
RAMP
Q2 26
4.75×
Q4 25
6.37×
Q3 25
-2.49×
2.09×
Q2 25
-2.04×
Q1 25
8.67×
Q4 24
2.92×
4.02×
Q3 24
32.10×
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%

RAMP
RAMP

Segment breakdown not available.

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