EXTR Financials Extreme Networks Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated 27 d ago Overview →

Growth & profitability

Revenue has grown 4.9% per year over the past 5 years.
Net income has grown faster than revenue (85.1% vs 4.9% per year).
Operating margin has expanded, at 4.9% in the latest year.
Free cash flow has declined 5.6% per year over the past 5 years.

Financial health

The company holds more cash ($212M) than total debt ($164M).
Total debt has grown slower than revenue (-13.6% vs 4.9% per year).
Operating income covered interest expense 4.5× in the latest year, up from 1.5× 5 years ago.
Total debt is 2.6× EBITDA.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2026	$1.3B	$42M	61.5%	4.9%	47.5%	3.6%	$95M	$164M	$212M
2025	$1.1B	-$7M	62.2%	1.5%	-11.4%	-0.6%	$127M	$178M	$232M
2024	$1.1B	-$86M	56.5%	-5.8%	-340.0%	-8.2%	$37M	$188M	$157M
2023	$1.3B	$78M	57.5%	8.3%	66.9%	6.8%	$235M	$222M	$235M
2022	$1.1B	$44M	56.6%	5.8%	49.0%	4.1%	$113M	$304M	$195M
2021	$1.0B	$2M	58.0%	3.4%	3.6%	0.2%	$127M	$340M	—
2020	$948M	-$127M	54.6%	-10.4%	-2349.9%	-13.0%	$21M	$411M	—
2019	$996M	-$26M	55.4%	-1.5%	-22.3%	-3.4%	$82M	$179M	$170M
2018	$983M	-$47M	54.4%	-3.9%	-41.5%	-6.1%	-$21M	$198M	$121M
2017	$607M	-$2M	54.5%	1.0%	-1.4%	-0.4%	$49M	$93M	$130M
2016	$520M	-$36M	51.1%	-5.8%	-35.5%	-9.7%	$25M	$55M	$94M
2015	—	-$72M	—	—	-68.7%	-16.7%	$30M	$67M	$76M
2014	—	-$57M	—	—	-36.6%	-10.9%	-$49M	$122M	$73M
2013	—	$10M	—	—	5.1%	3.1%	$20M	$0	$96M
2012	—	$16M	—	—	8.8%	5.6%	$9M	—	$55M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$339M	$18M	62.2%	6.2%	20.4%	1.5%	$65M	$164M	$212M
Mar '26	$317M	$11M	61.7%	5.5%	13.4%	0.9%	$8M	$197M	$210M
Dec '25	$318M	$8M	61.4%	4.1%	8.2%	0.7%	$43M	$171M	$220M
Sep '25	$310M	$6M	60.6%	3.6%	8.2%	0.5%	-$21M	$199M	$209M
Jun '25	$307M	-$8M	61.6%	-0.4%	-11.9%	-0.7%	$75M	$178M	$232M
Mar '25	$285M	$3M	61.7%	3.6%	4.8%	0.3%	$24M	$180M	$185M
Dec '24	$279M	$7M	62.7%	4.5%	14.4%	0.7%	$16M	$183M	$170M
Sep '24	$269M	-$11M	63.0%	-1.8%	-32.1%	-1.0%	$12M	$185M	$160M
Jun '24	$257M	-$54M	44.7%	-19.1%	-214.4%	-5.2%	$11M	$188M	$157M
Mar '24	$211M	-$64M	56.8%	-29.6%	-99.2%	-5.9%	-$74M	$190M	$151M
Dec '23	$296M	$4M	61.9%	3.5%	3.7%	0.3%	$29M	$192M	$221M
Sep '23	$353M	$29M	60.3%	10.2%	26.4%	2.6%	$71M	$195M	$224M
Jun '23	$364M	$25M	58.9%	10.4%	21.8%	2.2%	$76M	$222M	$235M
Mar '23	$333M	$22M	57.7%	8.9%	21.4%	2.1%	$46M	$234M	—
Dec '22	$318M	$18M	57.1%	7.4%	21.2%	1.7%	$67M	$258M	—
Sep '22	$298M	$13M	56.0%	5.8%	11.4%	1.2%	$47M	$267M	—
Jun '22	$278M	$5M	55.4%	3.8%	6.0%	0.5%	$60M	$304M	$195M
Mar '22	$286M	$13M	56.5%	6.1%	12.9%	1.3%	-$3M	$310M	—
Dec '21	$281M	$13M	56.5%	6.4%	19.2%	1.3%	$19M	$317M	—
Sep '21	$268M	$13M	58.1%	6.9%	17.6%	1.3%	$37M	$324M	—

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 risen from 56.3× (Mar '23) to 67.8× (Sep '26).
The price-to-sales ratio has fallen from 2.2× (Mar '23) to 2.2× (Sep '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 4.9% per year, and net income grown 85.1% per year. These are computed facts, not advice.

How much debt does EXTR have?

As of FY2026, Extreme Networks Inc reported $164M of total debt against $212M of cash; operating income covered interest expense 4.5×.

What is EXTR's profit margin?

In FY2026, gross margin was 61.5%, operating margin 4.9%, and net margin 3.3%.

What is EXTR's P/E ratio?

As of Sep '26, Extreme Networks Inc traded at a price-to-earnings ratio of about 67.8× (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.