Extreme Networks Inc income statement
In fiscal 2026, Extreme Networks Inc reported revenue of $1.28bn, up 12.6% on the year before, operating income of $62.7m (a 4.9% margin) and net income of $42.1m, or $0.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jun 2010 | 2011Jul 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 309 | 334 | 323 | 299 | 520 | 553 | 520 | 607 | 983 | 996 | 948 | 1,009 | 1,112 | 1,312 | 1,117 | 1,140 | 1,284 | 1,314 |
| Cost of revenue | 133 | 154 | 143 | 137 | 252 | 273 | 254 | 276 | 449 | 445 | 430 | 424 | 482 | 558 | 486 | 431 | 494 | 501 |
| Gross profit | 176 | 180 | 180 | 163 | 267 | 280 | 265 | 331 | 535 | 551 | 518 | 585 | 630 | 755 | 631 | 709 | 789 | 813 |
| Research and development | 49 | 49 | 46 | 41 | 77 | 93 | 79 | 94 | 184 | 210 | 210 | 197 | 191 | 214 | 212 | 221 | 234 | 234 |
| Selling and marketing | 97 | 103 | 90 | 87 | 157 | 169 | 150 | 163 | 267 | 285 | 284 | 277 | 294 | 337 | 346 | 328 | 364 | 367 |
| General and administrative | 27 | 25 | 29 | 27 | 41 | 42 | 38 | 38 | 51 | 56 | 61 | 66 | 69 | 90 | 100 | 140 | 125 | 128 |
| Operating income | −1 | 3 | 14 | 11 | −50 | −63 | −30 | 6 | −38 | −15 | −99 | 34 | 64 | 108 | −65 | 17 | 63 | 74 |
| Interest expense | 0 | 0 | 0 | 0 | 2 | 3 | 3 | 4 | 14 | 13 | 24 | 23 | 13 | 17 | 17 | 16 | 14 | 15 |
| Provision for credit losses | — | — | 0 | 0 | 0 | 1 | 1 | 0 | 2 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | — |
| Income before tax | −0 | 4 | 17 | 11 | −53 | −67 | −32 | 3 | −47 | −26 | −120 | 10 | 52 | 94 | −77 | 4 | 51 | 62 |
| Income tax | −0 | 1 | 1 | 2 | 4 | 5 | 4 | 4 | 0 | −0 | 6 | 8 | 8 | 16 | 8 | 12 | 9 | 9 |
| Net income | 0 | 3 | 16 | 10 | −57 | −72 | −36 | −2 | −47 | −26 | −127 | 2 | 44 | 78 | −86 | −7 | 42 | 52 |
| Diluted EPS | $0.00 | $0.03 | $0.17 | $0.10 | −$0.60 | −$0.72 | −$0.35 | −$0.02 | −$0.41 | −$0.22 | −$1.06 | $0.02 | $0.33 | $0.58 | −$0.66 | −$0.06 | $0.31 | $0.39 |
| Diluted shares (average) | 89m | 93m | 94m | 95m | 96m | 99m | 103m | 108m | 114m | 118m | 120m | 128m | 133m | 134m | 129m | 132m | 135m | 135m |
| EBITDA | −7 | 10 | 19 | 15 | −40 | −50 | −19 | 17 | −15 | 12 | −70 | 57 | 84 | 128 | −41 | 32 | 79 | 91 |
| Quarter | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 | 2027 Q1Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 279 | 285 | 307 | 310 | 318 | 317 | 339 | 341 |
| Cost of revenue | 104 | 109 | 118 | 122 | 123 | 121 | 128 | 129 |
| Gross profit | 175 | 175 | 189 | 188 | 195 | 196 | 210 | 212 |
| Research and development | 55 | 56 | 56 | 58 | 58 | 59 | 59 | 58 |
| Selling and marketing | 80 | 80 | 86 | 89 | 89 | 89 | 97 | 92 |
| General and administrative | 26 | 30 | 47 | 29 | 35 | 30 | 32 | 32 |
| Operating income | 13 | 10 | −1 | 11 | 13 | 17 | 21 | 23 |
| Interest expense | 4 | 4 | 4 | 4 | 3 | 3 | 4 | 5 |
| Income before tax | 10 | 7 | −4 | 8 | 10 | 15 | 18 | 18 |
| Income tax | 3 | 4 | 4 | 3 | 3 | 4 | −0 | 2 |
| Net income | 7 | 3 | −8 | 6 | 8 | 11 | 18 | 16 |
| Diluted EPS | $0.06 | $0.03 | −$0.06 | $0.04 | $0.06 | $0.08 | $0.13 | $0.12 |
| EBITDA | 17 | 14 | 2 | 15 | 17 | 21 | 25 | 27 |
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