Company Analysis

Extreme Networks, Inc. (EXTR)

Nasdaq: EXTR · Computer Communications Equipment · Morrisville, NC · filing with the SEC since 1999
Grade5.9
◀ Past 5.1● Present 6.6▶ Future 5.6

The grade of Extreme Networks, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.9/10
◀ Past5.130% of the headline
● Present6.640% of the headline
▶ Future5.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
3.7/10

Has it survived what it has been through?

3 warning events since 2017; the latest 2026-08-26.

weight 33% of this tense · 37th percentile among 15 sector filers · read for itself

From the record

Extreme Networks, Inc.'s filings since 2017 show 3 warning events: an auditor change (8-K item 4.01, 3 times, the latest 2026-08-26) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.7/10

What has it actually done, year after year?

+8.7% a year over 10 filed years; profitable in 4 of 10.

weight 45% of this tense · 57th percentile among 15 sector filers · read for its customers

From the record

Extreme Networks, Inc.'s 10 filed years say what it did: revenue went from $607 million in fiscal 2017 to $1.3 billion in fiscal 2026, up 8.7% a year; it rose in 7 of 9 years; the deepest fall was 15% from fiscal 2023 to fiscal 2024; net income was positive in 4 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.7%top 46% of its family
  • the share of years revenue rosetop 33% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak14.9%top 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.1/10

How has it treated the people who own it?

Share count grew 0.3% a year. 53% of cash flow returned. Insiders: 34 sales, 0 purchases.

weight 22% of this tense · 61st percentile among 9 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-30, Extreme Networks, Inc.'s diluted share count grew about 0.3% a year, and dividends and buybacks returned about 53% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 34 sales (30 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-06 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 39% of its family
  • cash returned against operating cash flowtop 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.6/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.8/10

Is it financially healthy right now?

ROE 48%: 48¢ of profit per shareholder dollar. Leverage 92%: owes 92¢ per asset dollar.

weight 45% of this tense · 68th percentile among 15 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, Extreme Networks, Inc. earned about 48 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 67 cents per dollar of everything the company owns. Leverage: it owed about 92 cents per dollar of assets, and net share issuance: its share count grew 2.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 17% of its family
  • return on equitytop 4% of its family
  • gross profit against assetstop 3% of its family
  • the share count against the year beforetop 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.2/10

How strong is its position in its industry?

top 48% of 15 in its family; net margin 3.3%.

weight 33% of this tense · 52nd percentile among 15 sector filers · read for its customers

From the record

Extreme Networks, Inc.'s standing among 15 graded names in its industry family: revenue of $1.3 billion in fiscal 2026 ranks in the top 23% by size; a net margin of 3.3% ranks in the top 50%; revenue growth of -0.7% a year over the last 3 filed years ranks in the bottom 30% (its annual reports).

What it rests on

  • revenue against the family$1.28Btop 23% of its family
  • net margin3.3%top 50% of its family
  • three-year revenue growth-0.7%bottom 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.6/10

What are the people in charge doing?

top 14% of 8 in its family for leadership; chief executive since 2015.

weight 22% of this tense · 86th percentile among 8 sector filers · read for its shareholders

From the record

Extreme Networks, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Meyercord, Edward (PRESIDENT AND CEO, as filed), filing under that title since 2015-05-12, 11.5 years (top 31% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 11.4 years (top 6%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge2 in three years among 10 peopletop 6% of its family
  • the median years the people in charge have filed11.4 yearstop 6% of its family
  • the chief executive's years on the record11.5 yearstop 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 15 in its family for room to expand.

weight 45% of this tense · 47th percentile among 15 sector filers · read for itself

From the record

Extreme Networks, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $212 million against debt of $144 million leaves 5.7% of its assets as net cash, bottom 30% of its family; cash from operations less capital spending is 7.4% of revenue (bottom 43%); a gross margin of 61.5% (top 50%); research spending of 18.2% of revenue (top 35%) (its annual report).

What it rests on

  • cash less debt against assets5.7%bottom 30% of its family
  • cash from operations less capital spending against revenue7.4%bottom 43% of its family
  • gross margin61.5%top 50% of its family
  • research spending against revenue18.2%top 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.6/10

What could actually drive growth from here?

top 44% of 14 in its family for growth drivers.

weight 33% of this tense · 56th percentile among 14 sector filers · read for its customers

From the record

Extreme Networks, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew -0.7% a year over the last three filed years against 8.7% over all 10, slowing (bottom 25% of its family); the newest year grew 12.6% (top 37%); research spending grew 3% a year (top 46%); capital spending grew 26.5% a year (top 18%) (its annual reports). Extreme Networks, Inc. reported 2 product lines in fiscal 2026: Product at $810 million (63%), Subscription and Support at $474 million (37%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-9.4 points a yearbottom 25% of its family
  • the newest year's revenue growth12.6%top 37% of its family
  • three-year growth of research spending3.0%top 46% of its family
  • three-year growth of capital spending26.5%top 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.2/10

Did its newest year beat what its own record pointed to?

top 28% of 15 in its family for expectations against reality.

weight 22% of this tense · 72nd percentile among 15 sector filers · read for its shareholders

From the record

Extreme Networks, Inc.'s newest year against its own record: revenue of $1.3 billion in fiscal 2026 came in 20.8% above the $1.1 billion its prior three years' pace pointed to (top 30% of its family); net income of $42 million against a prior three-year average of $5 million (top 3%); a net margin of 3.3% against -0.8% before (top 50%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace20.8%top 30% of its family
  • net income against the prior three years' averagefive times its prior average or moretop 3% of its family
  • net margin against its prior average+4.1 pointstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton EXTR · research, not advice