EXTR · Extreme Networks Inc
$21.45
+0.38 (+1.80%)
At close · Sep 30
Return incl. dividend (before tax)
Market Cap
$2.81B
Shares
130.49M
Volume · Sep 30
1.99M
Avg daily vol (3M)
1.63M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$21.45
Open$21.24
Day$21.14–21.69
52W close$13.74–33.71
Avg vol 30d1.4M
Short int7.7M · 5.9% float · 6.3d
Short vol32%
Last earningsAug 5, 2026
DataJan 2020–Sep 2026
Filing10-K · Aug 17
Up next
Next earnings call
Nov 4, 2026
Est · unconfirmed
· in 5 wks
filed Aug 17, 2026
call held Aug 5, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$1.28B
Trailing 12 months
Net income (TTM)
$42.12M
Trailing 12 months
Revenue growth YoY
+10.3%
Year over year
Operating margin
4.9%
Trailing 12 months
P / E (TTM)
68.0
Trailing earnings · reciprocal yield 1.5%
FCF yield
3.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-0.7%
Year over year · fewer shares
Price change (1Y)
+3.3%
Trailing year
Short interest
5.9%
Latest settlement · 6.3 days to cover
AI Brief
Q4 FY26 earnings call · Aug 5, 2026
Q4 FY26
TL;DR. Extreme Networks delivered FY26 revenue up 13% to $1.28B with non-GAAP EPS up 26% to $1.06, beat Q4 with $338.6M revenue, 62.7% gross margin and $0.32 EPS, and guided FY27 to $1.38–$1.40B revenue and $1.28–$1.33 non-GAAP EPS. The company also secured supply into FY28, secured a $500M revolving credit facility, and raised large-customer wins to 187 ordering over $1M.
Bullish
- + Q4 revenue beat guidance and consensus at $338.6M, up 10% year-over-year
- + Q4 non-GAAP gross margin of 62.7% beat guidance and the prior-year 62.3%
- + FY27 guidance calls for revenue growth to $1.38–$1.40B with operating margin expanding to 16.7–17.1% and non-GAAP EPS of $1.28–$1.33
- + Move up market accelerated with 187 customers ordering over $1M, average deal size up by a third
- + Strengthened balance sheet with new $500M revolving credit facility
Bearish
- − SaaS ARR growth decelerated to 17.7% year-over-year, below the prior-year 24% comparable
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Mentioned in fund letters
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Bullish
Fundamentals
Excellent
Quant / Vol
High
Market backdrop
VIX 16.3 · calm
Equity put/call 0.53
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+1%
above
Price vs 50-day avg
−11%
below
RSI (14)
40
neutral
MACD trend
Positive
52-week position
39%
mid-range
Momentum
relative strength
1-month return
−2%
trailing
6-month return
+21%
trailing
YTD return
+29%
this year
Relative strength
+9%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $24 › 200d $21 — 50d above 200d
Institutional flow
Accumulating
+14% holders QoQ · +77 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
5.92% of float · ▼ -4.8% MoM · 6.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
344 holders — near 3-yr high, broad support
Squeeze score
46
elevated · 0–100
Fundamentals
Revenue growth
+13%
Y/Y
Gross margin
61%
contracting
EPS growth
+617%
Y/Y
Free cash flow
$95.2M
Valuation
P/E 69.4
rich
Buyback
$113.0M
remaining
Balance sheet
$48.0M
net cash
Quant / Vol
risk profile
Volatility
56%
annualized · 1-yr
Max drawdown
−38%
past year
ATR
3.5%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 5, 2026
Earnings per share
· FY'27
Initiated
$0.68 – $0.74
prior FY $0.31
midpoint +129.0% Y/Y
Earnings per share
· FY'27
Initiated
$1.28 – $1.33
Guided vs delivered
· last 5 settled
Revenue
Q2
guided $265M – $280M
$280.93M
Beat +3.1%
Revenue
Q4
guided $260M – $270M
$1.01B
Beat +280.9%
GAAP earnings per share
Q4
guided $0.02 – $0.07
$0.02
In line
Q2 revenue
Q2
guided $235M – $245M
$242.13M
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+1%
Bullish
Price vs 50-day avg
−11%
Bearish
RSI (14)
40
Neutral
MACD trend
Positive
Bullish
52-week position
39%
Neutral
Market signals — smart money & positioning
Bullish · 3 of 6
Trend (MA cross)
No cross
50d $24 › 200d $21 — 50d above 200d
Institutional flow
Accumulating
+14% holders QoQ · +77 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Falling
5.92% of float · ▼ -4.8% MoM · 6.3 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
344 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $14
Now $21 · 39%
Range high $34
vs 200-day avg +1%
vs 50-day avg -11%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Performance awards earned | 1.08M | Fiscal Year 2026 filing | — |
| Performance awards granted | 780K | Fiscal Year 2026 filing | — |
| SaaS ARR | $244.3M | fiscal 2026 filing | — |
| Support revenues from maintenance contracts | $235.3M | fiscal 2026 filing | — |
| Trade accounts receivable sold | 20M | fiscal year 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Communication Equipment — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
EXTR
this stock
Extreme Networks Inc
|
$2.81B | +28.8% | +12.6% | 69.4 | 5.9% |
|
CSCO
Cisco Systems, Inc.
|
$427.06B | +39.7% | +2.8% | 32.5 | 1.5% |
|
LITE
Lumentum Holdings Inc.
|
$84.47B | +163.5% | +24.6% | — | 7.3% |
|
HPE
Hewlett Packard Enterprise Co
|
$83.55B | +166.0% | +13.8% | 32.4 | 4.2% |
|
MSI
Motorola Solutions, Inc.
|
$75.61B | +16.3% | +5.7% | 36.0 | 1.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| EXTR | -2.6% | -1.5% | +21.5% | -4.6% | +28.8% |
| SPY | -0.7% | +0.1% | +12.2% | -0.6% | +11.8% |
| vs SPY | -2.0% | -1.6% | +9.3% | -4.0% | +17.0% |
Capital returns
Buyback program
· as of Jun 30, 2026
Authorized
$200.00M
Spent (derived)
$87.00M
Remaining
$113.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.