EXTR · Extreme Networks Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.14B | $1.12B | $1.31B | $1.11B | $1.01B | $948.02M |
| Cost of Revenue | $430.94M | $486.37M | $557.73M | $482.38M | $424.30M | $430.18M |
| Gross Profit | $709.13M | $630.83M | $754.72M | $629.94M | $585.12M | $517.84M |
| R&D | $221.46M | $211.93M | $214.27M | $190.59M | $197.00M | $209.61M |
| SG&A | $139.62M | $99.94M | $89.93M | $68.70M | $66.20M | $60.99M |
| Total Operating Expenses | $692.18M | $696.03M | $646.41M | $565.75M | $550.75M | $616.74M |
| D&A | $14.70M | $24.13M | $19.89M | $20.21M | $22.96M | $28.60M |
| Operating Income | $16.95M | ($65.20M) | $108.31M | $64.19M | $34.38M | ($98.90M) |
| Interest Expense | $15.93M | $16.99M | $17.39M | $12.79M | $22.86M | $23.75M |
| Income Tax | $11.74M | $8.46M | $16.03M | $7.92M | $8.25M | $6.35M |
| Net Income | ($7.47M) | ($85.96M) | $78.07M | $44.27M | $1.94M | ($126.84M) |
| EPS - Basic | ($0.06) | ($0.66) | $0.60 | $0.34 | ($1.06) | - |
| EPS - Diluted | ($0.06) | ($0.66) | $0.58 | $0.33 | ($1.06) | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $231.75M | $156.70M | $194.52M | $194.52M | $246.89M | $193.87M |
| Accounts Receivable | $126.71M | $89.52M | $182.04M | $184.10M | $156.48M | $122.73M |
| Inventory | $102.58M | $141.03M | $89.02M | $49.23M | $32.88M | $62.59M |
| Accounts Payable | $63.94M | $51.42M | $99.72M | $84.34M | $60.14M | $48.44M |
| Current Assets | $535.30M | $466.93M | $576.16M | $489.09M | $487.60M | $414.21M |
| Total Assets | $1.15B | $1.04B | $1.14B | $1.07B | $1.01B | $979.09M |
| Current Liabilities | $587.88M | $517.59M | $575.50M | $500.18M | $455.70M | $397.82M |
| Long-term Debt | $163.72M | $178.26M | $187.59M | $270.57M | $315.87M | $394.58M |
| Total Liabilities | - | - | - | - | - | - |
| Stockholders' Equity | $65.58M | $25.28M | $116.75M | $90.34M | $54.47M | $5.40M |
| Retained Earnings | ($949.43M) | ($941.96M) | ($856.00M) | ($934.07M) | ($978.34M) | ($980.28M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $152.03M | $55.49M | $249.21M | $128.18M | $144.53M | $35.88M |
| Investing Cash Flow | ($24.71M) | ($18.12M) | ($13.80M) | ($84.95M) | ($17.18M) | ($189.48M) |
| Financing Cash Flow | ($52.59M) | ($114.98M) | ($194.78M) | ($94.66M) | ($74.78M) | $178.49M |
| CapEx | $24.71M | $18.12M | $13.80M | $15.43M | $17.18M | $15.27M |
| Free Cash Flow | $127.32M | $37.37M | $235.41M | $112.74M | $127.36M | $20.62M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 62.2% | 56.5% | 57.5% | 56.6% | 58.0% | 54.6% |
| Operating margin | 1.5% | -5.8% | 8.3% | 5.8% | 3.4% | -10.4% |
| EBITDA margin | 2.8% | -3.7% | 9.8% | 7.6% | 5.7% | -7.4% |
| Net margin | -0.7% | -7.7% | 5.9% | 4.0% | 0.2% | -13.4% |
| Free cash flow margin | 11.2% | 3.3% | 17.9% | 10.1% | 12.6% | 2.2% |
| FCF / Net income | -17.05 | -0.43 | 3.02 | 2.55 | 65.78 | -0.16 |
| R&D / Revenue | 19.4% | 19.0% | 16.3% | 17.1% | 19.5% | 22.1% |
| SG&A / Revenue | 12.2% | 8.9% | 6.9% | 6.2% | 6.6% | 6.4% |
| Effective tax rate | 274.7% | - | 17.0% | 15.2% | 81.0% | - |
| Return on assets | -0.6% | -8.2% | 6.8% | 4.1% | 0.2% | -13.0% |
| Return on equity | -11.4% | -340.0% | 66.9% | 49.0% | 3.6% | -2349.9% |
| Return on invested capital | 3.7% | -25.3% | 29.5% | 15.1% | 4.6% | -19.5% |
| Liquidity | ||||||
| Current ratio | 0.91 | 0.90 | 1.00 | 0.98 | 1.07 | 1.04 |
| Quick ratio | 0.74 | 0.63 | 0.85 | 0.88 | 1.00 | 0.88 |
| Cash ratio | 0.39 | 0.30 | 0.34 | 0.39 | 0.54 | 0.49 |
| Leverage | ||||||
| Debt / Equity | 2.50 | 7.05 | 1.61 | 2.99 | 5.80 | 73.10 |
| Debt / Assets | 0.14 | 0.17 | 0.16 | 0.25 | 0.31 | 0.40 |
| Debt / EBITDA | 5.17 | - | 1.46 | 3.21 | 5.51 | - |
| Interest coverage | 1.1x | -3.8x | 6.2x | 5.0x | 1.5x | -4.2x |
| Equity multiplier | 17.58 | 41.24 | 9.78 | 11.83 | 18.54 | 181.38 |
| Liabilities / Assets | - | - | - | - | - | - |
| Efficiency | ||||||
| Asset turnover | 0.99 | 1.07 | 1.15 | 1.04 | 1.00 | 0.97 |
| Inventory turnover | 4.20 | 3.45 | 6.26 | 9.80 | 12.90 | 6.87 |
| Days sales outstanding | 41d | 29d | 51d | 60d | 57d | 47d |
| Days inventory outstanding | 87d | 106d | 58d | 37d | 28d | 53d |
| Days payable outstanding | 54d | 39d | 65d | 64d | 52d | 41d |
| Cash conversion cycle | 73d | 96d | 44d | 34d | 33d | 59d |
| Valuation | ||||||
| P / E | - | - | 44.9x | 27.0x | - | - |
| P / B | 36.2x | 68.8x | 29.8x | 13.2x | 24.5x | - |
| P / S | 2.1x | 1.6x | 2.7x | 1.1x | 1.3x | - |
| EV / EBITDA | 72.9x | - | 27.1x | 15.0x | 24.5x | - |
| Growth | ||||||
| Revenue growth (YoY) | 2.0% | -14.9% | 18.0% | 10.2% | 6.5% | -4.8% |
| Revenue CAGR (3y) | 0.8% | 3.4% | 11.5% | 3.8% | 24.8% | 16.6% |
| Revenue CAGR (5y) | 3.8% | 2.3% | 20.3% | 13.2% | 13.8% | 11.4% |
| Gross profit growth (YoY) | 12.4% | -16.4% | 19.8% | 7.7% | 13.0% | -6.1% |
| Operating income growth (YoY) | - | - | 68.7% | 86.7% | - | -571.6% |
| Net income growth (YoY) | 91.3% | - | 76.4% | 2186.7% | - | -390.6% |
| EPS growth (YoY) | 90.9% | - | 75.8% | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 240.7% | -84.1% | 108.8% | -11.5% | 517.8% | -74.9% |
| FCF CAGR (5y) | 43.9% | -14.6% | - | 18.2% | 38.4% | -7.4% |
| Book value growth (YoY) | 159.4% | -78.3% | 29.2% | 65.9% | 909.0% | -95.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Product / service
$1.14B totalProduct$704.46M · 61.8%
Subscription And Support$435.61M · 38.2%
Geographic
$1.74B totalAmericas$596.71M · 34.4%
US$547.66M · 31.5%
EMEA$451.65M · 26.0%
Asia Pacific$91.71M · 5.3%
Other Americas$49.05M · 2.8%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Computer Communications Equipment
Comparing EXTREME NETWORKS INC against the 5 most active filers in the same SIC group.