Extreme Networks (EXTR)
Builds enterprise switching, Wi-Fi, fabric, SD-WAN, and cloud network management.
$22.01
vs last close−0.10 (−0.45%)
In millions of USD, except per-share figures
| In millions | Q1 FY24Sep 2023 | Q2 FY24Dec 2023 | Q3 FY24Mar 2024 | Q4 FY24Jun 2024 | Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25Jun 2025 | Q1 FY26Sep 2025 | Q2 FY26Dec 2025 | Q3 FY26Mar 2026 | Q4 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 353 | 296 | 211 | 257 | 269 | 279 | 285 | 307 | 310 | 318 | 317 | 339 |
| Cost of revenue | 140 | 113 | 91 | 142 | 100 | 104 | 109 | 118 | 122 | 123 | 121 | 128 |
| Gross profit | 213 | 183 | 120 | 115 | 170 | 175 | 175 | 189 | 188 | 195 | 196 | 210 |
| 177 | 173 | 182 | 164 | 174 | 161 | 165 | 191 | 176 | 182 | 178 | 189 | |
| Research & development | 58 | 53 | 55 | 47 | 54 | 55 | 56 | 56 | 58 | 58 | 59 | 59 |
| 116 | 111 | 113 | 106 | 118 | 106 | 109 | 134 | 118 | 124 | 119 | 129 | |
| Selling & marketing | 92 | 85 | 88 | 81 | 81 | 80 | 80 | 86 | 89 | 89 | 89 | 97 |
| General & administrative | 24 | 25 | 25 | 25 | 37 | 26 | 30 | 47 | 29 | 35 | 30 | 32 |
| Other expenses | 3 | 10 | 15 | 11 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 1 |
| Operating income | 36 | 10 | −62 | −49 | −5 | 14 | 10 | −2 | 12 | 13 | 17 | 21 |
| −3 | −3 | −3 | −4 | −4 | −4 | −3 | −2 | −3 | −3 | −3 | −3 | |
| Interest income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 |
| Interest expense | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 4 |
| Other non-operating income | −2 | −1 | −2 | 0 | 0 | 0 | −1 | −1 | 0 | −1 | −1 | 0 |
| Income before tax | 33 | 7 | −65 | −53 | −9 | 10 | 7 | −4 | 8 | 10 | 15 | 18 |
| Income tax expense | 5 | 3 | −1 | 1 | 1 | 3 | 4 | 4 | 3 | 3 | 4 | 0 |
| Net income from continuing operations | 29 | 4 | −64 | −54 | −11 | 7 | 3 | −8 | 6 | 8 | 11 | 18 |
| Net income | 29 | 4 | −64 | −54 | −11 | 7 | 3 | −8 | 6 | 8 | 11 | 18 |
| EPS, basic | $0.22 | $0.03 | −$0.50 | −$0.42 | −$0.08 | $0.06 | $0.03 | −$0.06 | $0.04 | $0.06 | $0.08 | $0.14 |
| EPS, diluted | $0.21 | $0.03 | −$0.50 | −$0.42 | −$0.08 | $0.06 | $0.03 | −$0.06 | $0.04 | $0.06 | $0.08 | $0.13 |
| Weighted average shares, basic | 129 | 129 | 129 | 130 | 131 | 132 | 133 | 133 | 133 | 133 | 133 | 129 |
| Weighted average shares, diluted | 133 | 132 | 129 | 130 | 131 | 134 | 135 | 133 | 135 | 135 | 134 | 129 |
| EBITDA | 44 | 17 | −55 | −37 | 0 | 19 | 16 | 4 | 17 | 19 | 23 | 22 |
| Depreciation & amortization | 7 | 6 | 5 | 11 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 0 |
| EBIT | 38 | 11 | −61 | −49 | −5 | 14 | 11 | 0 | 12 | 14 | 18 | 22 |