Extreme Networks (EXTR) Financials
Key financial figures for Extreme Networks (Q1 2027).
Extreme Networks Q1 FY2027 revenue rose 10% to $341.1M, above its own $334.0M-$339.0M target, and the company raised its full-year fiscal 2027 targets. Revenue was $341.1M, up 10% year over year (the seventh straight quarter of double-digit growth per the company), versus the company's own Q1 target of $334.0M to $339.0M given on August 5, 2026. Non-GAAP EPS was $0.33 against a $0.27 to $0.29 target. No sourced analyst consensus was used. Product revenue was $218.3M (about 12.5% higher, calculated from $194.0M a year earlier); subscription and support revenue was $122.8M (about 5.7% higher, calculated from $116.2M). SaaS ARR, a company-defined metric, reached $264.7M, up 22% year over year. On the outlook: For fiscal Q2 2027 (ending December 31, 2026) the company is targeting total net revenue of $345.8M to $350.8M and non-GAAP EPS of $0.32 to $0.34 (GAAP EPS $0.19 to $0.22). For full fiscal 2027 (ending June 30, 2027) it is targeting revenue of $1,402.3M to $1,412.3M (previously $1,380.0M to $1,400.0M) and non-GAAP EPS of $1.35 to $1.39 (previously $1.28 to $1.33), with non-GAAP operating margin of 17.2% to 17.6% (previously 16.7% to 17.1%). Figures are for Q1 FY2027, as Extreme Networks reported them.
- Revenue
- $341M
- Net Income
- $16M
- EPS
- $0.12
- Total Assets
- $1.3B
- Operating Cash Flow
- $45M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q1 FY2027 | $341M | $16M | $0.12 | 6.77% | $39M |
| Q4 FY2026 | $339M | $18M | $0.13 | 6.22% | $31M |
| Q3 FY2026 | $317M | $11M | $0.08 | 5.47% | $8M |
| Q2 FY2026 | $318M | $8M | $0.06 | 4.14% | $43M |
| Q1 FY2026 | $310M | $6M | $0.04 | 3.76% | -$21M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $1.3B | $42M | $0.31 | 4.93% | $95M |
| FY2025 | $1.1B | -$7M | -$0.06 | 1.62% | $127M |
| FY2024 | $1.1B | -$86M | -$0.66 | -5.84% | $37M |
Frequently asked questions
What was Extreme Networks's revenue last quarter?
Extreme Networks reported revenue of $341.1 million for Q1 FY2027, up 9.9% from the same period a year earlier.
Is Extreme Networks profitable?
Yes. Extreme Networks reported net income of $16.0 million for Q1 FY2027, a net margin of 4.68% on revenue.
How has Extreme Networks's margin trended?
Operating margin was 6.77% in Q1 FY2027, compared with 3.76% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Extreme Networks generate?
Extreme Networks generated free cash flow of $38.7 million in Q1 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Extreme Networks on SentiSense, with up to forty quarters and twenty fiscal years of history.