EXTREME NETWORKS INC (EXTR) Reports the reporting period Financial Results
EXTREME NETWORKS INC (EXTR) announced its financial results for the period ending the reporting period.
Key Financial Highlights:
Revenue: 1478
Net Income: 42809
EPS: 1.02
Cash and equivalents: 210113
targeting: (in millions, except percentages and per share information) Low-End High-End FY'26 Guidance Total net revenue $ 1,275.0 $ 1,280.0 Gross margin 61.2 % 61.3 % Operating margin 4.8 % 5.1 % Earnings per share $ 0.30 $ 0.33 Diluted shares outstanding used in calculating GAAP EPS 133.9 133.9 FY'26 Guidance – Non-GAAP Total net revenue $ 1,275.0 $ 1,280.0 Gross margin 61.8 % 61.9 % Operating margin 14.7 % 14.9 % Earnings per share $ 1.02 $ 1.04 Diluted shares outstanding used in calculating non-GAAP EPS 133.9 133.9 The following table shows the GAAP to non-GAAP reconciliation for FY'26 guidance: FY'26 Gross Margin Operating Margin Earnings per Share GAAP 61.2% - 61.3% 4.8% - 5.1% $0.30 - $0.33 Estimated adjustments for: Share-based compensation 0.5% 7.1% - 7.2% 0.67 Amortization of product intangibles 0.1% 0.1% 0.01 Amortization of non-product intangibles — 0.1% 0.01 Other non-recurring costs — 0.3% 0.03 Litigation charges — 0.5% 0.05 System transition costs — 1.7% 0.16 Tax adjustment — — (0.22) - (0.21) Non-GAAP 61.8% - 61.9% 14.7% - 14.9% $1.02 - $1.04 The total percentage rate changes may not equal the total change in all cases due to rounding. Conference Call:Extreme will host a conference call at 8:00 a.m. Eastern (5:00 a.m. Pacific) today to review the third quarter results of fiscal 2026
anticipated in this press release, and the Company’s financial condition and results of operations could be materially adversely affected. Except as required under the U.S. federal securities laws and the rules and regulations of the Securities and Exchange Commission, Extreme disclaims any obligation to update any forward-looking statements after the date of this release, whether as a result of new information, future events, developments, changes in assumptions or otherwise. ### EXTREME NETWORKS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except per share amounts)(Unaudited) March 31, 2026
targeting: (in millions, except percentages and per share information) Low-End High-End FQ4'26 Guidance – GAAP Total net revenue $ 330.0 $ 335.0 Gross margin 61.2 % 61.6 % Operating margin 6.1 % 7.1 % Earnings per share $ 0.12 $ 0.15 Diluted shares outstanding used in calculating GAAP EPS 131.8 131.8 FQ4'26 Guidance – Non-GAAP Total net revenue $ 330.0 $ 335.0 Gross margin 61.8 % 62.2 % Operating margin 15.2 % 16.1 % Earnings per share $ 0.28 $ 0.30 Diluted shares outstanding used in calculating non-GAAP EPS 131.8 131.8 The following table shows the GAAP to non-GAAP reconciliation for Q4 FY'26 guidance: FQ4'26 Gross Margin Operating Margin Earnings per Share GAAP 61.2% - 61.6% 6.1% - 7.1% $0.12 - $0.15 Estimated adjustments for: Share-based compensation 0.5% 7.0% - 7.1% 0.18 Amortization of product intangibles 0.1% 0.1% 0.00 Amortization of non-product intangibles — 0.1% 0.00 Litigation charges — 0.9% 0.02 System transition costs — 0.9% 0.02 Tax adjustment — — (0.07) - (0.06) Non-GAAP 61.8% - 62.2% 15.2% - 16.1% $0.28 - $0.30 The total percentage rate changes may not equal the total change in all cases due to rounding. For the full year fiscal 2026
📋 EXTREME NETWORKS INC (EXTR) - Financial Results
Filing Date: 2026-04-29
Accepted: 2026-04-29 07:14:06
Event Type: Financial Results
Event Details:
📊 Key Financial Metrics (Year-over-Year Comparison):
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Structured Data: