15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 3.8% per year over the past 5 years.
Operating margin has expanded, at 1.5% in the latest year.
Free cash flow has grown 43.9% per year over the past 5 years.
Financial health
The company holds more cash ($232M) than total debt ($178M).
Total debt has grown slower than revenue (-15.4% vs 3.8% per year).
Operating income covered interest expense 1.1× in the latest year, up from -4.2× 5 years ago.
Total debt is 11× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$1.1B
-$7M
62.2%
1.5%
$127M
$178M
$232M
2024
$1.1B
-$86M
56.5%
-5.8%
$37M
$188M
$157M
2023
$1.3B
$78M
57.5%
8.3%
$235M
$222M
$235M
2022
$1.1B
$44M
56.6%
5.8%
$113M
$304M
$195M
2021
$1.0B
$2M
58.0%
3.4%
$127M
$340M
—
2020
$948M
-$127M
54.6%
-10.4%
$21M
$411M
—
2019
$996M
-$26M
55.4%
-1.5%
$82M
$179M
$170M
2018
$983M
-$47M
54.4%
-3.9%
-$21M
$198M
$121M
2017
$607M
-$2M
54.5%
1.0%
$49M
$93M
$130M
2016
$520M
-$36M
51.1%
-5.8%
$25M
$55M
$94M
2015
—
-$72M
—
—
$30M
$67M
$76M
2014
—
-$57M
—
—
-$49M
$122M
$73M
2013
—
$10M
—
—
$20M
$0
$96M
2012
—
$16M
—
—
$9M
—
$55M
2011
—
$3M
—
—
$11M
—
$50M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$317M
$11M
61.7%
5.5%
$8M
$197M
$210M
Dec '25
$318M
$8M
61.4%
4.1%
$43M
$171M
$220M
Sep '25
$310M
$6M
60.6%
3.6%
-$21M
$199M
$209M
Jun '25
$307M
-$8M
61.6%
-0.4%
$75M
$178M
$232M
Mar '25
$285M
$3M
61.7%
3.6%
$24M
$180M
$185M
Dec '24
$279M
$7M
62.7%
4.5%
$16M
$183M
$170M
Sep '24
$269M
-$11M
63.0%
-1.8%
$12M
$185M
$160M
Jun '24
$257M
-$54M
44.7%
-19.1%
$11M
$188M
$157M
Mar '24
$211M
-$64M
56.8%
-29.6%
-$74M
$190M
$151M
Dec '23
$296M
$4M
61.9%
3.5%
$29M
$192M
$221M
Sep '23
$353M
$29M
60.3%
10.2%
$71M
$195M
$224M
Jun '23
$364M
$25M
58.9%
10.4%
$76M
$222M
$235M
Mar '23
$333M
$22M
57.7%
8.9%
$46M
$234M
—
Dec '22
$318M
$18M
57.1%
7.4%
$67M
$258M
—
Sep '22
$298M
$13M
56.0%
5.8%
$47M
$267M
—
Jun '22
$278M
$5M
55.4%
3.8%
$60M
$304M
$195M
Mar '22
$286M
$13M
56.5%
6.1%
-$3M
$310M
—
Dec '21
$281M
$13M
56.5%
6.4%
$19M
$317M
—
Sep '21
$268M
$13M
58.1%
6.9%
$37M
$324M
—
Jun '21
$278M
$10M
57.9%
6.3%
$52M
$340M
—
Valuation over time
How the market has priced EXTR against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 56.4× (Mar '23) to 22.5× (Jun '24).
The price-to-sales ratio has risen from 2.2× (Mar '23) to 3.6× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is EXTR growing its revenue and profit?
Over the past 5 years, Extreme Networks Inc's revenue has grown 3.8% per year. These are computed facts, not advice.
How much debt does EXTR have?
As of FY2025, Extreme Networks Inc reported $178M of total debt against $232M of cash; operating income covered interest expense 1.1×.
What is EXTR's profit margin?
In FY2025, gross margin was 62.2%, operating margin 1.5%, and net margin -0.7%.
What is EXTR's P/E ratio?
As of Jun '26, Extreme Networks Inc traded at a price-to-earnings ratio of about 22.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.