Extreme Networks Inc. (EXTR) financial statements: income statement, balance sheet and cash flow
Extreme Networks Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jun 30, 2026 · FY), Extreme Networks Inc. reported revenue of $1.3B (+12.6% year on year) and net income of $42.1M (+664.1% year on year).
Income statement
Extreme Networks Inc. income statement, fiscal years
Line item
Jun 30, 2026 · FY
Jun 30, 2025 · FY
Jun 30, 2024 · FY
Jun 30, 2023 · FY
Total net revenues
$1.3B
$1.1B
$1.1B
$1.3B
Total cost of revenues
$494.5M
$430.9M
$486.4M
$557.7M
Total gross profit
$789.1M
$709.1M
$630.8M
$754.7M
Research and development
$233.9M
$221.5M
$211.9M
$214.3M
Sales and marketing
$364.3M
$327.6M
$345.8M
$336.9M
General and administrative
$125.3M
$139.6M
$99.9M
$89.9M
Restructuring and related charges
$1.3M
$1.5M
$36.3M
$2.9M
Amortization of intangible assets
$1.7M
$2.0M
$2.0M
$2.0M
Total operating expenses
$726.4M
$692.2M
$696.0M
$646.4M
Operating income (loss)
$62.7M
$16.9M
($65.2M)
$108.3M
Interest income
$4.2M
$4.3M
$4.6M
$3.2M
Interest expense
($13.8M)
($15.9M)
($17.0M)
($17.4M)
Other income (expense), net
($1.6M)
($1.1M)
$133.0K
$23.0K
Income (loss) before income taxes
$51.5M
$4.3M
($77.5M)
$94.1M
Provision for income taxes
$9.4M
$11.7M
$8.5M
$16.0M
Net income (loss)
$42.1M
($7.5M)
($86.0M)
$78.1M
Net income (loss) per share - basic
$0.32
-$0.06
-$0.66
$0.60
Net income (loss) per share - diluted
$0.31
-$0.06
-$0.66
$0.58
Shares used in per share calculation - basic
$132752000.00
$132331000.00
$129288000.00
$129473000.00
Shares used in per share calculation - diluted
$134970000.00
$132331000.00
$129288000.00
$133649000.00
Extreme Networks Inc. income statement, quarters
Line item
Mar 31, 2026 · Q3
Dec 31, 2025 · Q2
Sep 30, 2025 · Q1
Mar 31, 2025 · Q3
Total net revenues
$316.9M
$317.9M
$310.2M
$284.5M
Total cost of revenues
$121.3M
$122.8M
$122.2M
$109.1M
Total gross profit
$195.5M
$195.1M
$188.0M
$175.4M
Research and development
$59.2M
$57.5M
$57.8M
$55.7M
Sales and marketing
$89.0M
$89.4M
$88.9M
$79.8M
General and administrative
$29.6M
$34.6M
$29.2M
$29.5M
Restructuring and related charges (benefit)
$0
$167.0K
$371.0K
($441.0K)
Amortization of intangible assets
$407.0K
$407.0K
$500.0K
$507.0K
Total operating expenses
$178.2M
$182.1M
$176.7M
$165.0M
Operating income
$17.3M
$13.0M
$11.3M
$10.4M
Interest income
$983.0K
$1.1M
$1.2M
$972.0K
Interest expense
($3.2M)
($3.4M)
($3.7M)
($3.8M)
Other expense, net
($263.0K)
($360.0K)
($487.0K)
($385.0K)
Income before income taxes
$14.8M
$10.4M
$8.4M
$7.2M
Provision for income taxes
$4.2M
$2.5M
$2.7M
$3.7M
Net income
$10.6M
$7.9M
$5.6M
$3.5M
Net income per share - basic
$0.08
$0.06
$0.04
$0.03
Net income per share - diluted
$0.08
$0.06
$0.04
$0.03
Shares used in per share calculation – basic
$132931000.00
$133914000.00
$132973000.00
$132979000.00
Shares used in per share calculation – diluted
$133591000.00
$135166000.00
$135071000.00
$134590000.00
Balance sheet
Extreme Networks Inc. balance sheet, fiscal years
Line item
Jun 30, 2026 · FY
Jun 30, 2025 · FY
Jun 30, 2024 · FY
Jun 30, 2023 · FY
Cash and cash equivalents
$211.8M
$231.7M
$156.7M
$234.8M
Accounts receivable, net
$164.6M
$126.7M
$89.5M
$182.0M
Inventories
$70.0M
$102.6M
$141.0M
$89.0M
Prepaid expenses and other current assets
$103.5M
$74.3M
$79.7M
$70.3M
Total current assets
$549.8M
$535.3M
$466.9M
$576.2M
Property and equipment, net
$58.1M
$44.4M
$43.7M
$46.4M
Operating lease right-of-use assets, net
$25.7M
$38.7M
$44.1M
$34.7M
Goodwill
$397.8M
$399.6M
$393.7M
$394.8M
Intangible assets, net
$3.1M
$6.5M
$10.6M
$16.1M
Other assets
$143.4M
$128.8M
$83.5M
$73.5M
Total assets
$1.2B
$1.2B
$1.0B
$1.1B
Accounts payable
$89.4M
$63.9M
$51.4M
$99.7M
Accrued compensation and benefits
$69.8M
$62.9M
$42.1M
$71.4M
Accrued warranty
$11.0M
$9.7M
$10.9M
$12.3M
Current portion of deferred revenue
$329.7M
$325.1M
$306.1M
$282.5M
Current portion of long-term debt, net of unamortized debt issuance costs of $659 and $729, respectively
$19.3M
$14.3M
$9.3M
$34.3M
Current portion of operating lease liabilities
$11.3M
$11.5M
$10.5M
$10.8M
Other accrued liabilities
$62.1M
$100.6M
$87.2M
$64.4M
Total current liabilities
$592.7M
$587.9M
$517.6M
$575.5M
Deferred revenue, less current portion
$323.1M
$292.4M
$268.9M
$219.0M
Long-term debt, less current portion, net of unamortized debt issuance costs of $618 and $1,276, respectively
$144.4M
$163.7M
$178.3M
$187.6M
Operating lease liabilities, less current portion
$19.5M
$34.0M
$41.5M
$31.8M
Deferred income taxes
$7.4M
$7.0M
$8.0M
$7.7M
Other long-term liabilities
$2.2M
$2.6M
$3.1M
$3.2M
Common stock, $0.001 par value, 750,000 shares authorized; 157,203 and 152,673 shares issued, respectively; 131,216 and 132,064 shares outstanding, respectively
157.0K
153.0K
149.0K
144.0K
Additional paid-in-capital
$1.4B
$1.3B
$1.2B
$1.2B
Accumulated other comprehensive loss
($16.0M)
($8.1M)
($15.5M)
($13.2M)
Accumulated deficit
($907.3M)
($949.4M)
($942.0M)
($856.0M)
Treasury stock at cost, 25,987 shares and 20,609 shares, respectively
-361.9M
-275.8M
-237.8M
-187.9M
Total stockholders’ equity
$88.6M
$65.6M
$25.3M
$116.8M
Total liabilities and stockholders’ equity
$1.2B
$1.2B
$1.0B
$1.1B
Extreme Networks Inc. balance sheet, quarters
Line item
Mar 31, 2026
Dec 31, 2025
Sep 30, 2025
Mar 31, 2025
Cash and cash equivalents
$210.1M
$219.8M
$209.0M
$185.5M
Accounts receivable, net
$162.7M
$152.4M
$145.8M
$99.5M
Inventories
$76.6M
$83.6M
$93.7M
$115.7M
Prepaid expenses and other current assets
$92.3M
$79.9M
$77.3M
$75.8M
Total current assets
$541.8M
$535.7M
$525.9M
$476.6M
Property and equipment, net
$53.5M
$50.2M
$48.1M
$39.5M
Operating lease right-of-use assets, net
$32.5M
$34.9M
$36.6M
$39.8M
Goodwill
$398.2M
$399.9M
$399.6M
$394.4M
Intangible assets, net
$3.8M
$4.7M
$5.4M
$7.3M
Other assets
$140.2M
$143.3M
$137.4M
$115.5M
Total assets
$1.2B
$1.2B
$1.2B
$1.1B
Accounts payable
$81.2M
$64.8M
$77.8M
$47.1M
Accrued compensation and benefits
$48.7M
$66.5M
$52.5M
$44.6M
Accrued warranty
$10.1M
$9.6M
$9.6M
$9.5M
Current portion of deferred revenue
$334.6M
$328.2M
$325.1M
$311.8M
Current portion of long-term debt, net of unamortized debt issuance costs of $679 and $729, respectively
$48.1M
$16.8M
$40.5M
$13.0M
Current portion of operating lease liabilities
$12.3M
$12.2M
$11.6M
$11.2M
Other accrued liabilities
$58.4M
$67.0M
$60.4M
$74.8M
Total current liabilities
$593.3M
$565.1M
$577.5M
$512.0M
Deferred revenue, less current portion
$312.5M
$314.7M
$307.1M
$276.9M
Long-term debt, less current portion, net of unamortized debt issuance costs of $777 and $1,276, respectively
$149.2M
$154.1M
$158.9M
$167.3M
Operating lease liabilities, less current portion
$26.2M
$29.0M
$31.4M
$35.8M
Deferred income taxes
$7.3M
$7.2M
$7.0M
$6.9M
Other long-term liabilities
$2.6M
$2.6M
$2.6M
$2.5M
Common stock, $0.001 par value, 750,000 shares authorized; 156,657 and 152,673 shares issued, respectively; 132,513 and 132,064 shares outstanding, respectively
157.0K
155.0K
155.0K
152.0K
Additional paid-in-capital
$1.4B
$1.3B
$1.3B
$1.3B
Accumulated other comprehensive loss
($15.7M)
($9.5M)
($9.6M)
($16.1M)
Accumulated deficit
($925.4M)
($935.9M)
($943.8M)
($941.6M)
Treasury stock at cost, 24,144 shares and 20,609 shares, respectively
-330.9M
-287.8M
-287.8M
-250.8M
Total stockholders’ equity
$79.0M
$95.9M
$68.6M
$71.7M
Total liabilities and stockholders’ equity
$1.2B
$1.2B
$1.2B
$1.1B
Cash flow statement
Extreme Networks Inc. cash flow statement, fiscal years
Line item
Jun 30, 2026 · FY
Jun 30, 2025 · FY
Jun 30, 2024 · FY
Jun 30, 2023 · FY
Net income (loss)
$42.1M
($7.5M)
($86.0M)
$78.1M
Depreciation
$15.8M
$14.7M
$24.1M
$19.9M
Amortization of intangible assets
$3.4M
$4.5M
$5.3M
$15.0M
Amortization of cloud computing implementation costs
$5.2M
—
—
—
Reduction in carrying amount of right-of-use asset
$10.3M
$9.9M
$11.5M
$12.2M
Provision for credit losses
$565.0K
$157.0K
$210.0K
$459.0K
Share-based compensation
$88.3M
$82.3M
$76.8M
$63.5M
Deferred income taxes
($2.1M)
($820.0K)
$80.0K
$407.0K
Provision for excess and obsolete inventory
$4.2M
$2.6M
$71.1M
—
Non-cash interest expense
$1.2M
$1.2M
$1.1M
$1.1M
Other
$2.7M
$3.5M
($2.5M)
($8.1M)
Accounts receivable, net
($38.5M)
($37.3M)
$92.3M
$1.6M
Inventories
$24.3M
$27.2M
($116.4M)
($41.8M)
Prepaid expenses and other assets
($53.6M)
($23.1M)
($21.2M)
($1.4M)
Accounts payable
$24.6M
$12.7M
($48.0M)
$14.7M
Accrued compensation and benefits
$4.0M
$18.7M
($29.1M)
$17.1M
Operating lease liabilities
($11.9M)
($11.1M)
($11.5M)
($15.2M)
Deferred revenue
$40.1M
$37.7M
$76.2M
$90.1M
Other current and long-term liabilities
($37.4M)
$16.6M
$11.6M
$1.4M
Net cash provided by operating activities
$123.2M
$152.0M
$55.5M
$249.2M
Capital expenditures for property, equipment and capitalized software development costs
($27.9M)
($24.7M)
($18.1M)
($13.8M)
Net cash used in investing activities
($27.9M)
($24.7M)
($18.1M)
($13.8M)
Borrowings under revolving facility
$55.0M
—
$30.0M
$25.0M
Payments on revolving facility
($55.0M)
—
($55.0M)
—
Payments on debt obligations
($15.0M)
($10.0M)
($10.0M)
($108.6M)
Repurchase of common stock including accelerated share repurchases
($87.0M)
($38.0M)
($49.9M)
($99.9M)
Payments for tax withholdings, net of proceeds from issuance of common stock
($12.5M)
($3.9M)
($30.1M)
($5.1M)
Net cash used in financing activities
($114.5M)
($52.6M)
($115.0M)
($194.8M)
Foreign currency effect on cash and cash equivalents
($728.0K)
$314.0K
($514.0K)
($325.0K)
Net increase (decrease) in cash and cash equivalents
($20.0M)
$75.0M
($78.1M)
$40.3M
Cash and cash equivalents at beginning of period
$231.7M
$156.7M
$234.8M
$194.5M
Cash and cash equivalents at end of period
$211.8M
$231.7M
$156.7M
$234.8M
Cash paid for interest
$12.4M
$14.7M
$14.7M
$13.1M
Cash paid for taxes, net
$12.5M
$4.1M
$15.6M
$12.0M
Unpaid capital expenditures
$708.0K
$1.3M
$4.1M
$2.3M
Extreme Networks Inc. cash flow statement, quarters
Line item
Mar 31, 2026 · YTD
Dec 31, 2025 · YTD
Sep 30, 2025 · Q1
Mar 31, 2025 · YTD
Net income
$24.1M
$13.5M
$5.6M
$336.0K
Depreciation
$11.6M
$7.8M
$3.8M
$11.3M
Amortization of intangible assets
$2.6M
$1.9M
$1.1M
$3.4M
Amortization of cloud computing implementation costs
$2.8M
$1.0M
—
—
Reduction in carrying amount of right-of-use asset
$7.7M
$5.1M
$2.5M
$7.4M
Provision for credit losses
$430.0K
$320.0K
$218.0K
$85.0K
Share-based compensation
$66.4M
$44.7M
$21.8M
$61.6M
Deferred income taxes
$658.0K
$414.0K
$97.0K
($879.0K)
Provision for excess and obsolete inventory
$4.6M
$1.3M
$8.0K
$1.6M
Non-cash interest expense
$907.0K
$609.0K
$306.0K
$902.0K
Other
$1.4M
$951.0K
($76.0K)
$703.0K
Accounts receivable, net
($36.4M)
($26.0M)
($19.3M)
($10.1M)
Inventories
$19.0M
$15.8M
$8.1M
$14.4M
Prepaid expenses and other assets
($38.5M)
($25.7M)
($14.0M)
($20.3M)
Accounts payable
$16.4M
$766.0K
$13.8M
($4.0M)
Accrued compensation and benefits
($15.9M)
$3.3M
($10.7M)
$1.3M
Operating lease liabilities
($8.5M)
($5.6M)
($2.9M)
($8.1M)
Deferred revenue
$33.3M
$27.9M
$16.0M
$17.7M
Other current and long-term liabilities
($42.3M)
($31.9M)
($40.3M)
($7.3M)
Net cash provided by operating activities
$50.3M
$36.1M
($14.0M)
$70.1M
Capital expenditures for property, equipment and capitalized software development costs
($20.4M)
($13.9M)
($6.9M)
($18.1M)
Net cash used in investing activities
($20.4M)
($13.9M)
($6.9M)
($18.1M)
Borrowings under revolving facility
$55.0M
$25.0M
$25.0M
—
Payments on revolving facility
($25.0M)
($25.0M)
—
—
Payments on debt obligations
($11.3M)
($7.5M)
($3.8M)
($7.5M)
Repurchase of common stock including accelerated share repurchases
($62.0M)
($12.0M)
($12.0M)
($13.0M)
Payments for tax withholdings, net of proceeds from issuance of common stock
($7.6M)
($14.5M)
($11.0M)
($1.9M)
Net cash used in financing activities
($50.8M)
($34.0M)
($1.7M)
($23.1M)
Foreign currency effect on cash and cash equivalents
($755.0K)
($174.0K)
($173.0K)
($142.0K)
Net increase (decrease) in cash and cash equivalents