Monday 12 October 2026 Export all EXTR data to Excel Powerpack

Extreme Networks, Inc.

Extreme Networks, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $1.3 billion, up 12.6% from fiscal 2025. In the quarter to June 2026, revenue grew 10.3%, EPS grew 333.3%, free cash flow fell 13.3% and total debt fell 8.02%, each against the same quarter a year earlier.

23.55 0.64 −2.65%

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Market cap: $3.2B
P/E: 73.6×
Fwd P/E: 67.1×
Dividend yield: —
F-score: 7/9
Altman Z: 2.51
Beneish M: −2.52
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 25.97

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	1	1	1	2	9	5	1	3	1	1

Insider Ownership 3.57%

Capital & Financial Ratios $m

Market Cap 3,200.00

Revenue 1,283.59

Net Income 42.12

Free Cash Flow 95.24

Net Debt (48.03)

Current Ratio 0.93

Debt/Equity 1.85

P/E ratio 73.59

Fwd P/E 67.10

P/S ratio 2.44

P/B ratio 35.29

Past 5Y EPS Growth 82.77%

This Y EPS Growth 23.12%

Next Y EPS Growth 16.49%

Next Y revenue growth 8.68%

Next 5Y EPS Growth 17.44%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 64.40%

10-year low 10-year high

P/S against its own 10 years 94.17%

10-year low 10-year high

P/B against its own 10 years 78.26%

10-year low 10-year high

EV/Sales against its own 10 years 93.84%

10-year low 10-year high

EV/FCF against its own 10 years 86.44%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	2026
Cash	235	157	232	212
Receivables	182	90	127	165
Inventory	89	141	103	70
Other	—	—	—	—
	576	467	535	550

	2023	2024	2025	2026
Payables	100	51	64	89
ST’ Debt	34	9	14	19
Other	—	—	—	—
	576	518	588	593

Compound Annual Growth %

	10y	5y	3y
Sales	9.46%	4.92%	(0.74%)
Cash Flow	15.03%	(3.15%)	(20.93%)
Earnings	0.00%	85.15%	(18.59%)
Book Value	(0.18%)	10.22%	(8.79%)

Revenue $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	310	318	317	339	1,284
’25	269	279	285	307	1,140
’24	353	296	211	257	1,117
’23	298	318	333	364	1,312
’22	268	281	286	278	1,112
’21	236	242	253	278	1,009

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	(14)	50	14	73	123
’25	19	22	30	82	152
’24	76	34	(70)	15	55
’23	50	71	48	81	249
’22	40	22	2	64	128
’21	25	38	25	57	145

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	(21)	43	8	65	95
’25	12	16	24	75	127
’24	71	29	(74)	11	37
’23	47	67	46	76	235
’22	37	19	(3)	60	113
’21	22	33	20	52	127

Fiscal quarters ending in the months shown.

EPS $

	Sep	Dec	Mar	Jun	Year
’26	—	—	—	—	—
’26	0.04	0.06	0.08	0.13	0.31
’25	(0.08)	0.06	0.03	(0.06)	(0.06)
’24	0.21	0.03	(0.50)	(0.42)	(0.65)
’23	0.09	0.13	0.17	0.19	0.58
’22	0.10	0.10	0.10	0.04	0.33
’21	(0.07)	(0.02)	0.03	0.08	0.02

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	5.05	4.81	5.37	1.43	6.73	8.49	14.63	10.50	10.10	13.48	Analyst estimates 2027–2029 Powerpack
	High	14.34	15.55	8.59	8.00	16.61	21.03	32.73	19.24	22.89	33.73
People
People	Employees	1,628	2,713	2,713	2,584	2,441	2,643	2,849	2,656	2,811	2,894
	Revenue/emp, $m	0.37	0.36	0.37	0.37	0.41	0.42	0.46	0.42	0.41	0.44
Income, $m
Income, $m	Revenue	607	983	996	948	1,009	1,112	1,312	1,117	1,140	1,284
	Gross margin, %	54.52	54.37	55.36	54.62	57.97	56.63	57.50	56.47	62.20	61.48
	EBT	3	(47)	(26)	(120)	10	52	94	(77)	4	51
	EBT margin, %	0.43	(4.74)	(2.60)	(12.71)	1.01	4.69	7.17	(6.94)	0.37	4.01
	Net income	(2)	(47)	(26)	(127)	2	44	78	(86)	(7)	42
	Depreciation	26	49	53	80	71	55	47	41	29	35
Per share, $
Per share, $	Revenue	5.61	8.61	8.44	7.91	8.14	8.59	10.14	8.64	8.62	9.67
	Earnings	(0.02)	(0.41)	(0.22)	(1.06)	0.02	0.34	0.60	(0.65)	(0.06)	0.32
	Cash flow	0.55	0.17	0.89	0.30	1.17	0.99	1.92	0.43	1.15	0.93
	Capex	(0.10)	(0.35)	(0.19)	(0.13)	(0.14)	(0.12)	(0.11)	(0.14)	(0.19)	(0.21)
	Free cash flow	0.45	(0.19)	0.70	0.17	1.03	0.87	1.82	0.29	0.96	0.72
	Book value	1.16	0.99	0.98	0.05	0.44	0.70	0.90	0.20	0.50	0.67
	Shares, m	108	114	118	120	124	129	129	129	132	133
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	558.00	26.24	42.70	0.00	0.00	101.16
	P/S	1.64	0.98	0.78	0.55	1.37	1.04	2.57	1.52	2.08	3.35
	P/B	7.94	8.52	6.70	96.33	25.41	12.78	28.89	67.14	36.22	48.51
	EV/Sales	1.58	1.06	0.79	0.78	1.46	1.14	2.56	1.55	2.04	3.31
	EV/FCF	20.07	(46.40)	9.68	37.56	11.69	11.31	14.33	47.51	18.38	45.08
Cash, $m
Cash, $m	Operating cash flow	59	19	105	36	145	128	249	55	152	123
	Capex	(10)	(40)	(23)	(15)	(17)	(15)	(14)	(18)	(25)	(28)
	Free cash flow	49	(21)	82	21	127	113	235	37	127	95
Balance, $m
Balance, $m	Working capital	86	68	86	16	32	(11)	1	(51)	(53)	(43)
	Total debt	93	198	179	411	340	304	222	188	178	164
	Net debt	(38)	77	9	217	93	109	(13)	31	(54)	(48)
	Shareholders’ equity	126	113	116	5	54	90	117	25	66	89
Returns, %
Returns, %	ROA	(0.42)	(7.61)	(3.39)	(14.61)	0.19	4.26	7.06	(7.87)	(0.68)	3.61
	ROIC	4.29	(12.61)	(7.36)	(27.76)	14.60	20.08	65.19	(72.54)	89.51	96.62
	ROE	(1.62)	(39.25)	(22.61)	(209.00)	6.47	61.14	75.40	(121.05)	(16.44)	54.64

Negative figures in brackets.

All 10 years →

Fiscal years to Jun 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VIAV Viavi Solutions Inc.	$10.8B	— (loss-making)	59.1×	+52.53% (above 0%: growing)	+250.00% (above 0%: growing)	+6,100.00% (above 0%: growing)	59.06%	13.83%	Compare
VSAT Viasat Inc.	$9.3B	— (loss-making)	— (loss-making)	−1.24% (below 0%: shrinking)	n/m	−31.14% (below 0%: shrinking)	35.70%	4.09%	Compare
AAOI Applied Optoelectronics, Inc.	$9.0B	— (loss-making)	202×	+86.42% (above 0%: growing)	n/m	−191.62% (below 0%: shrinking)	27.72%	(12.88%)	Compare
BDC Belden Inc	$4.2B	17.5×	18.8×	+11.63% (above 0%: growing)	+14.29% (above 0%: growing)	+55.69% (above 0%: growing)	39.14%	13.23%	Compare
ONDS Ondas Holdings Inc.	$4.0B	— (loss-making)	19.8×	+1,235.44% (above 0%: growing)	n/m	−1,000.26% (below 0%: shrinking)	43.13%	(194.51%)	Compare
EXTR Extreme Networks, Inc.	$3.2B	75.6×	67.1×	+10.28% (above 0%: growing)	n/m	−13.31% (below 0%: shrinking)	62.17%	6.22%
DGII Digi International Inc.	$2.8B	58.5×	48.2×	+28.98% (above 0%: growing)	+50.00% (above 0%: growing)	+41.46% (above 0%: growing)	64.85%	16.51%	Compare
VISN Vistance Networks, Inc.	$1.4B	0.2×	9.4×	−1.39% (below 0%: shrinking)	+1,671.43% (above 0%: growing)	−200.40% (below 0%: shrinking)	35.33%	(2.78%)	Compare
HLIT Harmonic Inc.	$1.2B	— (loss-making)	32.4×	+53.55% (above 0%: growing)	n/m	+54.60% (above 0%: growing)	52.37%	17.71%	Compare
Median of peers	$4.1B	17.5×	32.4×	+40.75%	+150.00%	+5.16%	41.14%	8.66%

All 47 Communication Equipment stocks →

Extreme Networks, Inc. (EXTR) key facts

Strength: Extreme Networks, Inc.’s revenue for fiscal 2026 (year ended June 2026) was $1.3 billion, up 12.6% from fiscal 2025.
Extreme Networks, Inc. (EXTR) is a Communication Equipment company in the Technology sector, listed on Nasdaq.
As of October 12, 2026, EXTR traded at $23.55, a market capitalization of $3.2 billion.
Return on equity was 54.6% and debt-to-equity 1.85.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 2.51 (grey zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.