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Extreme Networks

(NASDAQ) EXTR

Current Price$30.44
Market Cap$3.89BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1999)+7%
5 Year+183%
1 Year+75%
1 Month-6%
Extreme Networks last closing stock price
MetricPriceDate
Last closeUSD 29.762026-07-16
Extreme Networks stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-9.46%USD 32.872026-07-09
1 month-5.55%USD 31.512026-06-16
3 month+65.43%USD 17.992026-04-17
Year to date+78.74%USD 16.652025-12-31
1 year+74.55%USD 17.052025-07-16
3 year+8.26%USD 27.492023-07-17
5 year+182.62%USD 10.532021-07-16
Since inception+7.49%USD 27.691999-04-09

Extreme Networks Financials at a Glance

Market Cap

$3.89BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$1.25B

Net Income (TTM)

$16.27M

EPS (TTM)

$0.12

P/E Ratio

247.38

Dividend

$0.00

Beta (Volatility)

1.44 (Average)

Price

$30.44

Volume

737,940.453

Open

$29.17

Previous Close

$29.76

Daily Range

$28.79 - $30.70

52-Week Range

$13.48 - $33.73

Estimated Earnings Date

Aug 5, 2026

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About Extreme Networks

Extreme helps organizations build and manage digital networks.

Their technology lets hospitals and schools stay connected.

They use software to make computer networks easier.

Networking Hardware and Software

  • Networking Hardware: Physical equipment like switches and routers that connect computers and devices together in offices and data centers.
  • Wireless Access Points: Devices that create Wi-Fi signals so users can connect to the internet without using cables.
  • Cloud Management Software: Artificial intelligence tools that help IT teams monitor and control their network from any location.
  • Support and Subscriptions: Ongoing technical assistance and software updates that customers pay for on a regular schedule.

Recent Strategic Steps

  • Released Extreme Platform ONE in July 2025 to combine networking and security tools into one system.
  • Authorized a $200 million plan in July 2025 to buy back the company's own stock over three years.
  • Completed a reorganization plan in December 2025 to focus the workforce on high-growth industry segments.
  • Entered a $50 million agreement in January 2026 to speed up the repurchase of company shares.

What Makes Extreme Different

Extreme uses artificial intelligence and machine learning to help IT teams automate complex network management tasks. The company reaches global customers through a network of distributors, resellers, and a dedicated field sales team.

A Look at the Numbers

  • Total revenue reached $316.9 million in Q3 2026, up 11.4% year-over-year.
  • Operating income rose to $17.3 million in Q3 2026, a 74.5% increase from the previous year.
  • Net income grew to $10.6 million in Q3 2026, up 206.2% from $3.5 million in Q3 2025.
  • Free cash flow hit $28.1 million in Q3 2026, up 16% from the same period last year.

Bottom Line

Extreme has shifted its focus from basic hardware to software-driven networking and cloud-based management services. This strategy helps the company meet the growing demand for automated and secure digital connections.

AI Generated • May 23, 2026

Industry

Communications Equipment

Employees

2,811

CEO

Edward B. Meyercord, III, MBA

Headquarters

Morrisville, NC 27560, US

EXTR Financials

Key Financial Metrics (TTM)

Gross Margin

61.32%

Operating Margin

3.23%

Net Income Margin

1.30%

Return on Equity

21.07%

Return on Capital

6.38%

Return on Assets

1.39%

Earnings Yield

0.40%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$3.89BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

130.78M

Volume

737.94K

Avg. Volume

2.60M

Financials (TTM)

Gross Profit

$767.74M

Operating Income

$40.41M

EBITDA

$62.33M

Operating Cash Flow

$132.27M

Capital Expenditure

$7.28M

Free Cash Flow

$139.55M

Cash & ST Invst.

$210.11M

Total Debt

$235.74M

Extreme Networks Performance Analysis

Extreme Networks annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-06-30USD 1,112,321,000N/A
20232023-06-30USD 1,312,454,00018.0%
20242024-06-30USD 1,117,203,000-14.9%
20252025-06-30USD 1,140,067,0002.0%
Extreme Networks sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-06-307.9%
Q12025-09-301.1%
Q22025-12-312.5%
Q32026-03-31-0.3%
Extreme Networks annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-06-30USD 0.33N/A
20232023-06-30USD 0.5876.2%
20242024-06-30USD -0.66N/A
20252025-06-30USD -0.06-91.5%
Extreme Networks sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42025-06-30-328.8%
Q12025-09-30170.6%
Q22025-12-3140.5%
Q32026-03-3136.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q3 2026YOY CHG

Revenue

$316.87M

+11.4%

Gross Profit

$195.54M

+11.5%

Gross Margin

61.71%

N/A

Market Cap

$3.89BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.38M

N/A

Employees

2,811

N/A

Net Income

$10.59M

+206.2%

EBITDA

$22.63M

+45.7%

Quarterly Fundamentals

Name
Q3 2026YOY CHG

Total Cash

$210.11M

+13.3%

Total Debt

$235.74M

+3.7%

Accounts Receivable

$162.71M

+63.5%

Inventory

$76.63M

-33.8%

Long Term Debt

$175.39M

-13.7%

Short Term Debt

$60.35M

+149.6%

Return on Assets

1.39%

N/A

Return on Invested Capital

7.01%

N/A

Free Cash Flow

$28.12M

+16.0%

Operating Cash Flow

$14.19M

-52.6%

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Questions About EXTR

What is the current price of Extreme Networks?

Extreme Networks is trading at $30.69 per share.

What is the 52-week range for Extreme Networks?

Over the past 52 weeks, Extreme Networks has traded between $13.48 and $33.73.

How much debt does Extreme Networks have?

As of the most recent reporting period, Extreme Networks reported total debt of $235.74M.

How much cash does Extreme Networks have on hand?

Extreme Networks reported $210.11M in cash and cash equivalents in its most recent financial results.

What is Extreme Networks’s dividend yield?

Extreme Networks does not currently have a dividend yield.

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