Extreme Networks, Inc. (EXTR) (collectively referred to as “Extreme,” “Company,” and as “we,” “us” and “our”) is a leader in AI-powered cloud networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users. We push the boundaries of technology, leveraging the powers of artificial intelligence (“AI”), analytics, and automation and have industry leading support services. Tens of thousands of customers globally trust Extreme to drive value, foster innovation, and overcome extreme challenges. Extreme also designs, develops, and manufactures wired, wireless, and software-defined wide area network (“SD-WAN”) infrastructure equipment.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.2B | 1.1B | 1.1B | 1.3B | 1.1B | 1.0B |
| Net Income | 9.1M | -7.5M | -86M | 78M | 44M | 1.9M |
| EPS | $0.07 | $-0.06 | $-0.66 | $0.58 | $0.33 | $0.02 |
| Free Cash Flow | 122M | 127M | 37M | 235M | 113M | 127M |
| ROIC | 29.4% | -250.3% | -33.9% | 66.5% | 33.7% | 11.7% |
| Gross Margin | 61.3% | 62.2% | 56.5% | 57.5% | 56.6% | 58.0% |
| Debt/Equity | 1.78 | 2.71 | 7.42 | 1.90 | 3.36 | 6.23 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 33M | 17M | -65M | 108M | 64M | 34M |
| Operating Margin | 2.7% | 1.5% | -5.8% | 8.3% | 5.8% | 3.4% |
| ROE | 9.5% | -16.4% | -121.0% | 75.4% | 61.1% | 6.5% |
| Shares Outstanding | 134M | 124M | 130M | 135M | 134M | 97M |
EXTREME NETWORKS INC passes 4 of 9 quality checks, suggesting mixed fundamentals.
EXTREME NETWORKS INC trades at 292.2x trailing earnings, compared to its 15-year median P/E of 35.0x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 19.3x vs a median of 13.9x. The company's 5-year average ROIC is 19.5% with a gross margin of 58.2%. Total shareholder yield (buybacks) is 2.1%. At current prices, the estimated annualized return to fair value is +15.8%.
EXTREME NETWORKS INC (EXTR) has a current P/E ratio of 292.2, compared to its historical median P/E of 35.0. The stock is currently considered Expensive based on its historical valuation range.
EXTREME NETWORKS INC (EXTR) has a 5-year average return on invested capital (ROIC) of 19.5%. This indicates strong capital allocation and a potential competitive advantage.
EXTREME NETWORKS INC (EXTR) has a market capitalization of $2.4B. It is classified as a mid-cap stock.
EXTREME NETWORKS INC (EXTR) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 2.13%.
Based on historical P/E analysis, EXTREME NETWORKS INC (EXTR) appears expensive. The current P/E of 292.2 is 735% above its historical median of 35.0. The estimated fair value CAGR (P/E method) is 5.9%.
EXTREME NETWORKS INC (EXTR) operates in the Computer Communications Equipment industry, within the Technology sector.
EXTREME NETWORKS INC (EXTR) reported annual revenue of $1.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
EXTREME NETWORKS INC (EXTR) has a net profit margin of -0.7%. The company is currently unprofitable.
EXTREME NETWORKS INC (EXTR) generated $127 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
EXTREME NETWORKS INC (EXTR) has a debt-to-equity ratio of 2.71. This indicates higher leverage, which may increase financial risk.
EXTREME NETWORKS INC (EXTR) reported earnings per share (EPS) of $-0.06 in its most recent fiscal year.
EXTREME NETWORKS INC (EXTR) has a return on equity (ROE) of -16.4%. A negative ROE may indicate losses or negative equity.
EXTREME NETWORKS INC (EXTR) has a 5-year average gross margin of 58.2%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 16 years of financial data for EXTREME NETWORKS INC (EXTR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
EXTREME NETWORKS INC (EXTR) has a book value per share of $0.53, based on its most recent annual SEC filing.