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Buy Day today: Neutral (53) Mixed market breadth · no major macro event

Extreme Networks Inc (EXTR)

Technology Communication Equipment
30.10 $
Closing price · As of: 31. Jul 2026
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Basics

Market Cap
4.0$B
Shares Outstanding
131Mio.
Float
96.7%
Beta
1.8

Performance

Perf. 1M
22.00%
Perf. 3M
109.60%
Perf. 6M
90.50%
YTD Performance (%)
88.90%
52-Week-High Distance
-4.1%

Valuation

P/E
257.2
Forward P/E
22.1
PEG
1.1
P/B
51.2
P/S
3.2
EV/EBITDA
62.9
Price/FCF
28.6

Profitability

Gross Margin
61.3%
EBIT Margin
5.5%
Net Margin
1.3%
Return on Equity
21.6%
Return on Assets
4.2%

Balance Sheet & Safety

very low
Equity Ratio
6.8%
Debt/Equity
-0.7
warning zone
Altman Z″
0.71
very solid
Piotroski
8 out of 9

Growth

Sales Growth Last Quarter
11.40%
EPS Growth Last Quarter
206.40%
Sales Growth (Year)
2.05%
Forward Sales Growth
8.59%
Forward EPS Growth
26.60%

Quality & Screener

Stage
2
Top 10%
RS Rating
92
EPS Rating
90
very solid
Piotroski
8 out of 9
Fundamental Rating
B (70 out of 100)
warning zone
Altman Z″
0.71

AI Rating

Sells AI

Extreme Networks erzielt sämtliche Umsätze aus Netzwerk-Hardware, Software-Abos und Wartungsverträgen — und die zentralen Produkte sind laut 10-K/10-Q ausdrücklich KI-Produkte: Das Unternehmen positioniert sich als „Leader in AI-powered cloud networking“, verkauft mit Extreme Platform ONE (seit Juli 2025 allgemein verfügbar) eine Plattform mit generativen, multimodalen und agentischen KI-Agenten, mit ExtremeCloud IQ eine ML/KI-gestützte Cloud-Netzwerkverwaltung und adressiert damit das Wachstumssegment „AI Networking for the Campus“. KI ist damit nachweislich Umsatzquelle, nicht nur internes Werkzeug.

View the full file — quotes, sources, reviewed filings
„Extreme is a leader in AI-powered cloud networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users."

Extreme ist ein führender Anbieter von KI-gestütztem Cloud-Networking und konzentriert sich darauf, einfache und sichere Lösungen zu liefern, die Unternehmen helfen, Herausforderungen zu meistern, und Verbindungen zwischen Geräten, Anwendungen und Nutzern ermöglichen.

10-K · 2025-08-18 · View SEC filing
„Our Extreme Platform ONE solution, announced in December 2024 and made generally available in July 2025, is a technology platform that is designed to reduce complexity for enterprises by seamlessly integrating networking, security and AI solutions into a single platform."

Unsere Lösung Extreme Platform ONE, angekündigt im Dezember 2024 und seit Juli 2025 allgemein verfügbar, ist eine Technologieplattform, die die Komplexität für Unternehmen reduzieren soll, indem sie Netzwerk-, Sicherheits- und KI-Lösungen nahtlos in einer einzigen Plattform vereint.

10-K · 2025-08-18 · View SEC filing
„And with Extreme Platform ONE, we are addressing AI Networking for the Campus, a high-growth segment forecasted to grow at a 72% CAGR over the next five years."

Und mit Extreme Platform ONE adressieren wir KI-Networking für den Campus — ein wachstumsstarkes Segment, für das in den nächsten fünf Jahren ein jährliches Wachstum von 72 % prognostiziert wird.

10-Q · 2026-04-30 · View SEC filing
„We expect Extreme Platform ONE to deliver significant productivity gains for IT teams by streamlining network design, deployment, management, and commercial operations through its generative, multimodal, and agentic AI capabilities."

Wir erwarten, dass Extreme Platform ONE IT-Teams erhebliche Produktivitätsgewinne bringt, indem es Netzwerkdesign, Bereitstellung, Verwaltung und kaufmännische Abläufe durch seine generativen, multimodalen und agentischen KI-Fähigkeiten verschlankt.

10-Q · 2026-01-29 · View SEC filing

Filings Reviewed: 10-Q 2026-04-30 · 10-Q 2026-01-29 · 10-Q 2025-10-30 · 10-Q 2025-05-01 · 10-K 2025-08-18 · 10-K 2024-08-16

Rated on July 9, 2026 · How the Rating Is Built

Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.

Sales Per Quarter ($M)
2023: Q2 · 363.9 $M Q2 2023: Q3 · 353.1 $M Q3 2023: Q4 · 296.4 $M Q4 2024: Q1 · 211.0 $M Q1 2024: Q2 · 256.7 $M Q2 2024: Q3 · 269.2 $M Q3 2024: Q4 · 279.4 $M Q4 2025: Q1 · 284.5 $M Q1 2025: Q2 · 307.0 $M Q2 2025: Q3 · 310.2 $M Q3 2025: Q4 · 317.9 $M Q4 2026: Q1 · 316.9 $M Q1
Earnings Per Share Per Quarter ($)
2023: Q2 · 0.19 $ Q2 2023: Q3 · 0.21 $ Q3 2023: Q4 · 0.03 $ Q4 2024: Q1 · -0.50 $ Q1 2024: Q2 · -0.42 $ Q2 2024: Q3 · -0.08 $ Q3 2024: Q4 · 0.06 $ Q4 2025: Q1 · 0.03 $ Q1 2025: Q2 · -0.06 $ Q2 2025: Q3 · 0.04 $ Q3 2025: Q4 · 0.06 $ Q4 2026: Q1 · 0.08 $ Q1
Net Margin Per Quarter (%)
2023: Q2 · 7.0 % Q2 2023: Q3 · 8.1 % Q3 2023: Q4 · 1.3 % Q4 2024: Q1 · -30.5 % Q1 2024: Q2 · -21.1 % Q2 2024: Q3 · -3.9 % Q3 2024: Q4 · 2.6 % Q4 2025: Q1 · 1.2 % Q1 2025: Q2 · -2.5 % Q2 2025: Q3 · 1.8 % Q3 2025: Q4 · 2.5 % Q4 2026: Q1 · 3.3 % Q1
Operating Cash Flow Per Quarter ($M)
2023: Q2 · 80.7 $M Q2 2023: Q3 · 75.6 $M Q3 2023: Q4 · 34.2 $M Q4 2024: Q1 · -69.9 $M Q1 2024: Q2 · 15.5 $M Q2 2024: Q3 · 18.6 $M Q3 2024: Q4 · 21.5 $M Q4 2025: Q1 · 30.0 $M Q1 2025: Q2 · 81.9 $M Q2 2025: Q3 · -14.0 $M Q3 2025: Q4 · 50.1 $M Q4 2026: Q1 · 14.2 $M Q1
Free Cash Flow Per Quarter ($M)
2023: Q2 · 75.5 $M Q2 2023: Q3 · 71.3 $M Q3 2023: Q4 · 28.6 $M Q4 2024: Q1 · -73.5 $M Q1 2024: Q2 · 11.0 $M Q2 2024: Q3 · 11.7 $M Q3 2024: Q4 · 16.1 $M Q4 2025: Q1 · 24.2 $M Q1 2025: Q2 · 75.3 $M Q2 2025: Q3 · -20.9 $M Q3 2025: Q4 · 57.0 $M Q4 2026: Q1 · 28.1 $M Q1
Sales Growth vs. Year-Ago Quarter (%)
2023: Q2 · 30.8 % Q2 2023: Q3 · 18.6 % Q3 2023: Q4 · -6.9 % Q4 2024: Q1 · -36.5 % Q1 2024: Q2 · -29.5 % Q2 2024: Q3 · -23.8 % Q3 2024: Q4 · -5.7 % Q4 2025: Q1 · 34.8 % Q1 2025: Q2 · 19.6 % Q2 2025: Q3 · 15.2 % Q3 2025: Q4 · 13.8 % Q4 2026: Q1 · 11.4 % Q1
EPS Growth vs. Year-Ago Quarter (%)
2023: Q2 · 375.0 % Q2 2023: Q3 · 133.3 % Q3 2023: Q4 · -76.9 % Q4 2024: Q1 · -394.1 % Q1 2024: Q2 · -321.1 % Q2 2024: Q3 · -138.1 % Q3 2024: Q4 · 81.5 % Q4 2025: Q4 · 5.7 % Q4 2026: Q1 · 208.5 % Q1
Price Change in Quarter (%)
2024: Q4 · 11.4 % Q4 2025: Q1 · -21.0 % Q1 2025: Q2 · 35.7 % Q2 2025: Q3 · 15.0 % Q3 2025: Q4 · -19.4 % Q4 2026: Q1 · -9.4 % Q1

Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2023: Q2 0.19 375.00 364 30.80 7.00 81 76
2023: Q3 0.21 133.30 353 18.60 8.10 76 71
2023: Q4 0.03 -76.90 296 -6.90 1.30 34 29
2024: Q1 -0.50 -394.10 211 -36.50 -30.50 -70 -74
2024: Q2 -0.42 -321.10 257 -29.50 -21.10 16 11
2024: Q3 -0.08 -138.10 269 -23.80 -3.90 19 12
2024: Q4 0.06 81.50 279 -5.70 2.60 22 16
2025: Q1 0.03 285 34.80 1.20 30 24
2025: Q2 -0.06 307 19.60 -2.50 82 75
2025: Q3 0.04 310 15.20 1.80 -14 -21
2025: Q4 0.06 5.70 318 13.80 2.50 50 57
2026: Q1 0.08 208.50 317 11.40 3.30 14 28
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

About the Company

Extreme Networks, Inc. entwickelt, vermarktet und verkauft gemeinsam mit ihren Tochtergesellschaften Netzwerkinfrastruktur-Ausrüstung und zugehörige Software in Amerika, Europa, dem Nahen Osten, Afrika und im asiatisch-pazifischen Raum.

CEO Insider Trades (12 Mo.)selling own stock
Employees2,811
HeadquartersMorrisville, NC
Websiteextremenetworks.com
IPO Date9. Apr 1999
Next Earnings5. Aug 2026

Management

Management
Name Title Birth Year
Edward B. Meyercord III President, CEO & Executive Director 1965
Kevin Rhodes Executive VP of Finance & CFO 1969
Katayoun Motiey J.D. Chief Legal, Administrative & Sustainability Officer, Corporate Secretary and General Counsel
Syed Nabeel Anwar Bukhari President of AI Platforms, EVP & Chief Technology Officer 1977
Anisha Vaswani Chief Information & Customer Officer
Stanley Kovler Senior Vice President of Finance & Corporate Development
Monica Kumar Executive VP & Chief Marketing Officer
Kimberley Basnight Chief People Officer
Norman J. Rice III Chief Commercial Officer 1974
Gina M. Christopher Deputy General Counsel

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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