Extreme Networks (EXTR) Financials

$11.75 -0.10 (-0.84%)

Closing price 04:00 PM Eastern

Extended Trading

$11.66 -0.09 (-0.80%)

As of 07:22 PM Eastern

Annual Income Statements for Extreme Networks

This table shows Extreme Networks' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-57	-72	494	605	-47	-26	-127	1.94	44	78	-86
Consolidated Net Income / (Loss)	-57	-72	-36	-1.74	-47	-26	-127	1.94	44	78	-86
Net Income / (Loss) Continuing Operations	-57	-72	494	605	-47	-26	-127	1.94	44	78	-86
Total Pre-Tax Income	-53	-67	-32	2.60	-47	-26	-120	10	52	94	-77
Total Operating Income	-50	-63	-30	6.04	-38	-15	-99	34	64	108	-65
Total Gross Profit	267	280	265	938	535	551	518	585	630	755	631
Total Revenue	520	553	1,040	1,214	983	996	948	1,009	1,112	1,312	1,117
Operating Revenue	520	553	1,040	1,214	983	996	-	1,009	1,112	1,312	1,117
Total Cost of Revenue	252	273	243	276	449	445	430	424	482	558	486
Operating Cost of Revenue	252	273	774	276	449	445	-	424	482	558	486
Total Operating Expenses	318	343	295	325	573	566	617	551	566	646	696
Selling, General & Admin Expense	41	42	38	38	51	56	61	66	69	90	100
Marketing Expense	157	169	150	163	267	285	284	277	294	337	346
Research & Development Expense	77	93	79	94	184	210	210	197	191	214	212
Amortization Expense	17	18	17	8.70	8.72	6.35	8.43	6.11	3.24	2.05	2.04
Restructuring Charge	26	20	12	22	62	8.53	54	4.60	8.76	3.25	36
Total Other Income / (Expense), net	-2.89	-3.84	-2.00	-3.44	-8.44	-11	-22	-24	-12	-14	-12
Interest Expense	2.09	3.18	3.10	4.09	14	13	24	23	13	17	17
Interest & Investment Income	0.75	0.54	0.11	0.69	2.85	2.23	1.42	0.35	0.41	3.16	4.56
Other Income / (Expense), net	-1.56	-1.21	0.99	-0.05	2.64	-0.78	0.74	-1.69	0.38	0.02	0.13
Income Tax Expense	4.19	4.81	4.34	4.34	0.15	-0.02	6.35	8.25	7.92	16	8.47
Basic Earnings per Share	($0.60)	($0.72)	($0.35)	($0.02)	($0.41)	($0.22)	($1.06)	$0.02	$0.34	$0.60	($0.66)
Weighted Average Basic Shares Outstanding	95.52M	99M	103.07M	108.27M	114.22M	117.95M	119.81M	124.02M	129.44M	129.47M	129.29M
Diluted Earnings per Share	($0.60)	($0.72)	($0.35)	($0.02)	($0.41)	($0.22)	($1.06)	$0.02	$0.33	$0.58	($0.66)
Weighted Average Diluted Shares Outstanding	95.52M	99M	103.07M	108.27M	114.22M	117.95M	119.81M	127.67M	133.49M	133.65M	129.29M
Weighted Average Basic & Diluted Shares Outstanding	95.50M	99M	103.07M	108.27M	114.22M	117.95M	119.81M	129.51M	131.16M	130.04M	130.34M

This table shows Extreme Networks' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Net Income / (Loss) Attributable to Common Shareholders	13	5.41	13	18	22	25	29	3.99	-64	-11	7.38
Consolidated Net Income / (Loss)	13	5.41	13	18	22	25	29	3.99	-64	-11	7.38
Net Income / (Loss) Continuing Operations	13	5.41	13	18	22	25	29	3.99	-64	-11	7.38
Total Pre-Tax Income	15	7.62	14	21	26	33	33	7.06	-65	-9.01	9.99
Total Operating Income	17	10	17	23	30	38	36	10	-62	-4.72	13
Total Gross Profit	161	154	167	182	192	214	213	183	120	170	175
Total Revenue	286	278	298	318	333	364	353	296	211	269	279
Operating Revenue	286	-	298	-	333	-	353	296	211	269	279
Total Cost of Revenue	124	124	131	137	141	149	140	113	91	100	104
Operating Cost of Revenue	-	-	131	-	141	-	140	113	91	100	104
Total Operating Expenses	144	144	149	158	162	177	177	173	182	174	162
Selling, General & Admin Expense	18	16	19	24	22	26	24	25	25	37	26
Marketing Expense	73	81	78	81	84	94	92	85	88	81	80
Research & Development Expense	50	45	51	53	55	56	58	53	55	54	55
Amortization Expense	0.64	0.64	0.52	0.50	0.51	0.51	0.51	0.51	0.51	0.51	0.51
Restructuring Charge	3.24	1.32	0.87	0.48	1.36	0.54	2.72	9.17	14	1.28	1.04
Total Other Income / (Expense), net	-2.63	-2.84	-3.06	-2.86	-3.54	-4.75	-2.66	-3.26	-2.58	-4.30	-2.68
Interest Expense	2.79	3.04	3.83	3.88	3.95	5.73	4.32	4.27	4.18	4.42	4.18
Interest & Investment Income	0.11	0.11	0.39	0.89	0.77	1.10	1.23	1.43	1.24	0.85	0.84
Other Income / (Expense), net	0.05	0.09	0.37	0.14	-0.37	-0.12	0.43	-0.42	0.36	-0.72	0.66
Income Tax Expense	1.86	2.21	1.75	2.65	3.91	7.73	4.56	3.07	-0.62	1.49	2.60
Basic Earnings per Share	$0.10	$0.04	$0.10	$0.14	$0.17	$0.19	$0.22	$0.03	($0.50)	($0.08)	$0.06
Weighted Average Basic Shares Outstanding	129.91M	129.44M	130.29M	130.47M	128.82M	129.47M	128.78M	128.99M	129.30M	131.18M	132.38M
Diluted Earnings per Share	$0.10	$0.03	$0.09	$0.13	$0.17	$0.19	$0.21	$0.03	($0.50)	($0.08)	$0.06
Weighted Average Diluted Shares Outstanding	133.42M	133.49M	132.93M	134.45M	133.03M	133.65M	133.46M	131.51M	129.30M	131.18M	134.11M
Weighted Average Basic & Diluted Shares Outstanding	130.84M	131.16M	131.35M	129.18M	129.00M	130.04M	129.61M	-	129.95M	132.13M	132.76M

This table details how cash moves in and out of Extreme Networks' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-23	3.04	18	36	-9.31	48	24	53	-52	40	-78
Net Cash From Operating Activities	-27	37	30	59	19	105	36	145	128	249	55
Net Cash From Continuing Operating Activities	-27	37	30	59	19	105	36	145	128	249	55
Net Income / (Loss) Continuing Operations	-57	-72	-36	-1.74	-47	-26	-127	1.94	44	78	-86
Consolidated Net Income / (Loss)	-57	-72	-36	-1.74	-47	-26	-127	1.94	44	78	-86
Depreciation Expense	11	13	11	11	23	27	29	23	20	20	24
Amortization Expense	29	36	32	16	26	26	35	32	20	15	5.31
Non-Cash Adjustments To Reconcile Net Income	35	33	20	15	27	38	67	65	64	77	158
Changes in Operating Assets and Liabilities, net	-44	27	3.88	19	-11	40	32	23	-20	60	-46
Net Cash From Investing Activities	-126	22	-5.33	-72	-132	-22	-189	-17	-85	-14	-18
Net Cash From Continuing Investing Activities	-126	22	-5.33	-72	-132	-22	-189	-17	-85	-14	-18
Purchase of Property, Plant & Equipment	-22	-7.21	-5.33	-10	-40	-23	-15	-17	-15	-14	-18
Acquisitions	-180	-0.57	0.00	-61	-98	0.00	-219	0.00	-70	0.00	0.00
Net Cash From Financing Activities	130	-52	-6.74	49	105	-34	178	-75	-95	-195	-115
Net Cash From Continuing Financing Activities	130	-52	-6.74	49	105	-34	178	-75	-95	-195	-115
Repayment of Debt	-26	-79	-26	-11	-197	-20	-47	-74	-38	-112	-65
Repurchase of Common Equity	-	-	-	-	0.00	-15	-30	0.00	-45	-100	-50
Issuance of Debt	148	24	15	48	300	0.00	255	0.00	0.00	25	30
Issuance of Common Equity	8.02	2.22	4.64	12	3.34	11	8.79	4.52	-6.54	-5.14	-30
Other Financing Activities, net	-	-	0.00	-	-1.67	-11	-8.25	-5.30	-5.02	-3.00	0.00
Effect of Exchange Rate Changes	0.84	-3.52	-0.40	0.09	-0.63	-0.23	-0.63	0.45	-0.94	-0.33	-0.51
Cash Interest Paid	1.85	2.36	2.61	3.01	8.29	8.49	20	19	9.27	13	15
Cash Income Taxes Paid	2.86	1.58	2.36	2.51	4.13	5.97	5.31	4.49	7.78	12	16

This table details how cash moves in and out of Extreme Networks' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q4 2024	Q1 2025	Q2 2025
Net Change in Cash & Equivalents	-6.98	28	3.82	4.18	0.48	32	-10	-3.03	5.69	2.85	11
Net Cash From Operating Activities	1.57	64	50	71	48	81	76	34	15	19	22
Net Cash From Continuing Operating Activities	1.57	64	50	71	48	81	76	34	15	19	22
Net Income / (Loss) Continuing Operations	13	5.41	13	18	22	25	29	3.99	-54	-11	7.38
Consolidated Net Income / (Loss)	13	5.41	13	18	22	25	29	3.99	-54	-11	7.38
Depreciation Expense	5.09	4.89	4.95	5.03	5.03	4.87	4.87	4.62	10	3.94	3.86
Amortization Expense	4.28	4.28	4.13	3.72	3.56	3.57	1.94	1.12	1.12	1.14	1.12
Non-Cash Adjustments To Reconcile Net Income	16	16	14	19	18	26	37	24	91	23	23
Changes in Operating Assets and Liabilities, net	-37	33	14	25	-0.84	21	3.62	0.09	-33	1.38	-14
Net Cash From Investing Activities	-4.48	-4.30	-3.14	-3.13	-2.36	-5.17	-4.31	-5.64	-4.49	-6.92	-5.41
Net Cash From Continuing Investing Activities	-4.48	-4.30	-3.14	-3.13	-2.36	-5.17	-4.31	-5.64	-4.49	-6.92	-5.41
Purchase of Property, Plant & Equipment	-4.48	-4.30	-3.14	-3.13	-2.36	-5.17	-4.31	-5.64	-4.49	-6.92	-5.41
Net Cash From Financing Activities	-3.82	-31	-42	-63	-46	-44	-81	-32	-5.06	-9.12	-4.87
Net Cash From Continuing Financing Activities	-3.82	-31	-42	-63	-46	-44	-81	-32	-5.06	-9.12	-4.87
Repayment of Debt	-7.13	-7.13	-37	-9.50	-25	-40	-28	-2.50	-33	-3.20	-2.50
Issuance of Common Equity	4.52	-3.33	-4.00	-3.18	5.50	-3.46	-29	-4.32	-2.56	-5.93	-2.37
Effect of Exchange Rate Changes	-	-0.41	-0.65	-	-	-0.03	-0.25	0.16	-0.25	0.30	-0.47

This table presents Extreme Networks' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	526	429	374	460	770	757	979	1,010	1,069	1,142	1,043
Total Current Assets	303	238	229	299	428	442	414	488	489	576	467
Cash & Equivalents	73	76	94	130	121	170	194	247	195	235	157
Accounts Receivable	125	93	81	93	212	174	123	156	184	182	90
Inventories, net	57	58	41	47	64	64	63	33	49	89	141
Prepaid Expenses	14	10	12	28	30	34	35	51	61	70	80
Plant, Property, & Equipment, net	47	40	30	30	79	74	59	92	50	46	44
Total Noncurrent Assets	177	151	116	131	264	241	506	431	530	519	532
Goodwill	71	71	71	80	139	139	331	331	400	395	394
Intangible Assets	87	52	20	25	77	51	68	36	33	16	11
Other Noncurrent Operating Assets	19	28	25	25	48	52	107	63	97	108	128
Total Liabilities & Shareholders' Equity	526	429	374	460	770	757	979	1,010	1,069	1,142	1,043
Total Liabilities	370	324	284	334	658	641	974	956	978	1,025	1,017
Total Current Liabilities	246	235	212	213	360	356	398	456	500	576	518
Short-Term Debt	30	11	18	12	9.01	9.01	17	24	33	34	9.33
Accounts Payable	37	40	31	32	76	66	48	60	84	100	51
Accrued Expenses	7.55	8.68	9.60	11	13	15	14	12	11	12	11
Current Deferred Revenue	107	117	100	79	131	144	190	212	238	282	306
Current Employee Benefit Liabilities	27	25	27	43	50	52	51	72	54	71	42
Other Current Liabilities	38	33	27	37	81	71	78	76	80	75	98
Total Noncurrent Liabilities	123	89	73	121	298	285	576	500	478	449	500
Long-Term Debt	92	56	37	80	189	170	395	316	271	188	178
Noncurrent Deferred Revenue	23	23	22	25	44	59	101	133	163	219	269
Noncurrent Deferred & Payable Income Tax Liabilities	1.26	2.98	4.69	6.58	6.14	1.96	2.33	3.83	7.72	7.75	7.98
Other Noncurrent Operating Liabilities	7.33	7.29	8.64	8.53	59	54	78	15	36	35	45
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	157	104	90	126	113	116	5.40	54	90	117	25
Total Preferred & Common Equity	157	104	90	126	113	116	5.40	54	90	117	25
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	157	104	90	126	113	116	5.40	54	90	117	25
Common Stock	845	865	885	909	943	987	1,035	1,079	1,116	1,174	1,221
Retained Earnings	-688	-760	-792	-781	-828	-853	-980	-978	-934	-856	-942
Treasury Stock	-	-	-	-	-	-15	-43	-43	-88	-188	-238
Accumulated Other Comprehensive Income / (Loss)	-0.44	-1.29	-2.87	-2.30	-1.70	-2.47	-6.38	-2.81	-3.06	-13	-15

This table presents Extreme Networks' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q3 2024	Q1 2025	Q2 2025
Total Assets	1,025	1,058	1,062	1,068	1,107	1,085	1,057	1,081
Total Current Assets	447	482	498	502	532	506	477	495
Cash & Equivalents	167	198	203	203	224	151	160	170
Accounts Receivable	163	159	152	159	132	94	97	118
Inventories, net	38	52	64	70	101	185	144	132
Prepaid Expenses	80	73	79	70	76	75	76	75
Plant, Property, & Equipment, net	49	82	78	45	46	47	34	37
Total Noncurrent Assets	529	493	486	521	528	532	545	549
Goodwill	400	400	393	395	393	394	396	392
Intangible Assets	37	29	23	20	14	12	9.76	8.22
Other Noncurrent Operating Assets	92	65	70	107	121	126	139	149
Total Liabilities & Shareholders' Equity	1,025	1,058	1,062	1,068	1,107	1,085	1,057	1,081
Total Liabilities	926	947	978	965	998	1,021	1,024	1,030
Total Current Liabilities	458	503	529	527	529	528	526	534
Short-Term Debt	31	36	36	36	9.33	9.33	10	12
Accounts Payable	69	85	86	96	80	81	66	52
Accrued Expenses	11	12	12	12	12	11	10	10
Current Deferred Revenue	222	253	261	269	293	300	305	312
Current Employee Benefit Liabilities	45	48	63	48	52	44	46	60
Other Current Liabilities	80	70	71	66	82	83	90	88
Total Noncurrent Liabilities	468	444	449	438	469	492	497	496
Long-Term Debt	280	232	223	198	185	181	174	171
Capital Lease Obligations	24	31	30	-	41	42	40	38
Noncurrent Deferred Revenue	150	171	185	196	233	259	272	277
Noncurrent Deferred & Payable Income Tax Liabilities	7.96	7.31	7.56	7.79	7.67	7.48	8.07	6.77
Other Noncurrent Operating Liabilities	6.37	3.09	3.29	37	3.16	3.15	2.66	2.46
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	99	111	85	103	108	65	33	51
Total Preferred & Common Equity	99	111	85	103	108	65	33	51
Preferred Stock	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00
Total Common Equity	99	111	85	103	108	65	33	51
Common Stock	1,108	1,125	1,140	1,160	1,165	1,205	1,234	1,253
Retained Earnings	-939	-921	-904	-881	-827	-888	-952	-945
Treasury Stock	-68	-88	-138	-163	-213	-238	-238	-238
Accumulated Other Comprehensive Income / (Loss)	-1.32	-5.17	-14	-13	-16	-15	-11	-19

This table displays calculated financial ratios and metrics derived from Extreme Networks' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	73.56%	6.43%	88.03%	16.78%	-19.03%	1.29%	-4.80%	6.48%	10.19%	17.99%	-14.88%
EBITDA Growth	-175.94%	-24.45%	191.65%	128.70%	-58.27%	177.08%	-191.91%	356.27%	19.01%	36.74%	-124.87%
EBIT Growth	-603.72%	-23.97%	54.76%	120.64%	-693.54%	56.40%	-532.94%	133.30%	97.53%	67.78%	-160.06%
NOPAT Growth	-480.23%	-25.41%	52.33%	80.70%	-559.17%	61.46%	-571.59%	109.44%	733.21%	65.05%	-150.79%
Net Income Growth	-692.47%	-25.01%	49.24%	95.20%	-2,583.03%	44.75%	-390.64%	101.53%	2,186.73%	76.35%	-210.11%
EPS Growth	-700.00%	-20.00%	51.39%	94.29%	-1,950.00%	46.34%	-381.82%	101.89%	1,550.00%	75.76%	-213.79%
Operating Cash Flow Growth	-183.27%	239.41%	-18.86%	95.23%	-67.88%	451.09%	-65.81%	302.78%	-11.32%	94.43%	-77.74%
Free Cash Flow Firm Growth	-744.49%	114.91%	-32.01%	-279.78%	-213.83%	142.06%	-409.26%	129.68%	-30.53%	440.32%	-98.91%
Invested Capital Growth	1,146.84%	-44.96%	-46.09%	71.91%	115.34%	-33.92%	77.92%	-19.29%	11.17%	-48.01%	-45.90%
Revenue Q/Q Growth	17.09%	-0.97%	93.02%	12.52%	-55.22%	23.02%	92.57%	6.61%	0.01%	6.99%	0.00%
EBITDA Q/Q Growth	-82.98%	-3.42%	96.69%	80.50%	-33.77%	-25.13%	4.66%	47.46%	-9.32%	22.72%	0.00%
EBIT Q/Q Growth	-48.18%	0.05%	23.33%	143.26%	-101.52%	-170.99%	-0.87%	1,779.76%	-9.67%	33.58%	0.00%
NOPAT Q/Q Growth	-48.39%	-0.02%	22.05%	60.24%	-99.24%	-149.93%	-0.92%	152.15%	-10.62%	31.24%	0.00%
Net Income Q/Q Growth	-51.23%	0.79%	19.56%	91.99%	-67.38%	-79.16%	-3.39%	106.54%	-9.99%	34.48%	0.00%
EPS Q/Q Growth	-46.34%	2.70%	18.60%	90.48%	-70.83%	-69.23%	0.00%	0.00%	-13.16%	38.10%	0.00%
Operating Cash Flow Q/Q Growth	-398.66%	0.23%	33.35%	6.98%	40.10%	4.66%	-31.65%	50.06%	5.85%	7.12%	-54.03%
Free Cash Flow Firm Q/Q Growth	-6.56%	14.88%	8.07%	-173.44%	6.05%	57.89%	-7.55%	-22.01%	212.91%	-7.72%	0.00%
Invested Capital Q/Q Growth	-5.20%	-12.70%	-15.74%	34.39%	0.49%	-16.67%	-5.90%	2.25%	-25.21%	-22.65%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	51.45%	50.59%	25.53%	77.26%	54.37%	55.36%	54.62%	57.97%	56.63%	57.50%	56.47%
EBITDA Margin	-2.38%	-2.79%	1.36%	2.66%	1.37%	3.75%	-3.62%	8.72%	9.42%	10.91%	-3.19%
Operating Margin	-9.67%	-11.39%	-2.89%	0.50%	-3.89%	-1.48%	-10.43%	3.41%	5.77%	8.25%	-5.84%
EBIT Margin	-9.97%	-11.61%	-2.79%	0.49%	-3.62%	-1.56%	-10.35%	3.24%	5.81%	8.25%	-5.82%
Profit (Net Income) Margin	-11.03%	-12.96%	-3.50%	-0.14%	-4.76%	-2.60%	-13.38%	0.19%	3.98%	5.95%	-7.69%
Tax Burden Percent	107.89%	107.19%	113.54%	-67.18%	100.31%	99.92%	105.27%	19.01%	84.82%	82.96%	110.92%
Interest Burden Percent	102.58%	104.11%	110.28%	43.32%	131.14%	166.83%	122.75%	31.16%	80.83%	86.86%	119.10%
Effective Tax Rate	0.00%	0.00%	0.00%	167.18%	0.00%	0.00%	0.00%	80.99%	15.18%	17.04%	0.00%
Return on Invested Capital (ROIC)	-45.10%	-33.00%	-28.79%	-5.84%	-19.29%	-6.56%	-39.81%	3.25%	28.70%	59.20%	-57.05%
ROIC Less NNEP Spread (ROIC-NNEP)	-21.78%	-903.23%	34.61%	-11.86%	-122.43%	-42.81%	-90.72%	0.56%	20.03%	34.77%	-505.50%
Return on Net Nonoperating Assets (RNNOA)	11.96%	-21.91%	-8.62%	4.22%	-19.96%	-16.05%	-169.18%	3.22%	32.44%	16.20%	-64.00%
Return on Equity (ROE)	-33.14%	-54.91%	-37.40%	-1.62%	-39.25%	-22.61%	-209.00%	6.47%	61.14%	75.40%	-121.05%
Cash Return on Invested Capital (CROIC)	-129.95%	25.00%	31.11%	-58.73%	-92.45%	34.29%	-95.89%	24.60%	18.12%	122.38%	2.53%
Operating Return on Assets (OROA)	-12.36%	-13.44%	-7.23%	1.44%	-5.78%	-2.03%	-11.31%	3.29%	6.21%	9.80%	-5.96%
Return on Assets (ROA)	-13.68%	-15.00%	-9.06%	-0.42%	-7.61%	-3.39%	-14.61%	0.19%	4.26%	7.06%	-7.87%
Return on Common Equity (ROCE)	-33.14%	-54.91%	-37.40%	-1.62%	-39.25%	-22.61%	-209.00%	6.47%	61.14%	75.40%	-121.05%
Return on Equity Simple (ROE_SIMPLE)	-36.57%	-68.73%	-40.32%	-1.39%	-41.51%	-22.29%	-2,349.85%	3.55%	49.00%	66.87%	-340.02%
Net Operating Profit after Tax (NOPAT)	-35	-44	-21	-4.06	-27	-10	-69	6.53	54	90	-46
NOPAT Margin	-6.77%	-7.97%	-2.02%	-0.33%	-2.72%	-1.04%	-7.30%	0.65%	4.89%	6.85%	-4.09%
Net Nonoperating Expense Percent (NNEP)	-23.32%	870.23%	-63.40%	6.03%	103.14%	36.25%	50.90%	2.69%	8.67%	24.43%	448.45%
Cost of Revenue to Revenue	48.55%	49.41%	23.42%	22.74%	45.63%	44.64%	45.38%	42.03%	43.37%	42.50%	43.53%
SG&A Expenses to Revenue	7.86%	7.61%	3.62%	3.12%	5.19%	5.59%	6.43%	6.56%	6.18%	6.85%	8.95%
R&D to Revenue	14.85%	16.90%	7.57%	7.72%	18.70%	21.10%	22.11%	19.52%	17.13%	16.33%	18.97%
Operating Expenses to Revenue	61.12%	61.98%	28.42%	26.76%	58.25%	56.84%	65.06%	54.56%	50.86%	49.25%	62.30%
Earnings before Interest and Taxes (EBIT)	-52	-64	-29	5.99	-36	-16	-98	33	65	108	-65
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-12	-15	14	32	13	37	-34	88	105	143	-36
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.73	2.58	3.94	8.08	8.18	6.62	96.65	25.83	12.92	28.78	69.13
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	50.47	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.82	0.49	0.34	0.84	0.94	0.77	0.55	1.39	1.05	2.56	1.56
Price to Earnings (P/E)	0.00	0.00	0.72	1.68	0.00	0.00	0.00	726.67	26.36	43.04	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	139.17%	59.60%	0.00%	0.00%	0.00%	0.14%	3.79%	2.32%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.58	2.74	6.18	11.12	5.28	6.21	3.32	8.53	6.39	32.24	31.66
Enterprise Value to Revenue (EV/Rev)	0.85	0.47	0.30	0.81	1.02	0.78	0.78	1.52	1.15	2.55	1.59
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	22.38	30.26	74.09	20.81	0.00	17.41	12.19	23.37	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	163.19	0.00	0.00	0.00	46.87	19.77	30.90	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	234.46	23.45	37.25	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	6.94	10.41	16.50	52.47	7.41	20.59	10.60	9.96	13.43	32.06
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	7.78	13.92	0.00	0.00	14.42	0.00	30.96	37.13	18.02	877.24
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.78	0.64	0.61	0.74	1.75	1.54	76.16	6.83	3.36	1.90	7.42
Long-Term Debt to Equity	0.59	0.53	0.42	0.64	1.67	1.46	73.10	6.40	2.99	1.61	7.05
Financial Leverage	-0.55	0.02	-0.25	-0.36	0.16	0.38	1.86	5.72	1.62	0.47	0.13
Leverage Ratio	2.42	3.66	4.13	3.86	5.16	6.68	14.30	33.23	14.35	10.67	15.38
Compound Leverage Factor	2.49	3.81	4.55	1.67	6.77	11.14	17.55	10.35	11.60	9.27	18.32
Debt to Total Capital	43.68%	39.08%	37.91%	42.45%	63.69%	60.65%	98.70%	87.23%	77.09%	65.53%	88.12%
Short-Term Debt to Total Capital	10.67%	6.65%	12.13%	5.62%	2.90%	3.06%	3.97%	5.56%	8.46%	10.14%	4.38%
Long-Term Debt to Total Capital	33.02%	32.44%	25.78%	36.83%	60.79%	57.59%	94.74%	81.67%	68.63%	55.39%	83.74%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	56.32%	60.92%	62.09%	57.55%	36.31%	39.35%	1.30%	12.77%	22.91%	34.47%	11.88%
Debt to EBITDA	-9.81	-4.34	3.90	2.87	14.66	4.78	-11.97	4.23	2.90	1.55	-5.27
Net Debt to EBITDA	-1.27	0.61	-2.76	-1.17	5.68	0.24	-6.33	1.42	1.04	-0.09	-0.87
Long-Term Debt to EBITDA	-7.42	-3.60	2.65	2.49	14.00	4.54	-11.49	3.96	2.58	1.31	-5.00
Debt to NOPAT	-3.46	-1.52	-2.62	-22.85	-7.39	-17.34	-5.94	56.95	5.58	2.47	-4.11
Net Debt to NOPAT	-0.45	0.21	1.86	9.30	-2.86	-0.89	-3.14	19.16	2.01	-0.14	-0.68
Long-Term Debt to NOPAT	-2.61	-1.26	-1.78	-19.82	-7.06	-16.47	-5.70	53.32	4.97	2.09	-3.91
Altman Z-Score	-0.34	-1.18	0.37	2.35	0.57	0.53	-0.42	0.67	0.72	2.38	0.57
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.23	1.01	1.08	1.40	1.19	1.24	1.04	1.07	0.98	1.00	0.90
Quick Ratio	0.94	0.72	0.83	1.05	0.93	0.97	0.80	0.89	0.76	0.72	0.48
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-224	33	23	-41	-128	54	-167	49	34	186	2.03
Operating Cash Flow to CapEx	-119.98%	519.40%	570.04%	568.66%	47.12%	461.70%	235.03%	841.49%	830.54%	1,805.88%	306.20%
Free Cash Flow to Firm to Interest Expense	-107.45	10.52	7.33	-9.99	-9.21	4.28	-7.02	2.17	2.69	10.68	0.12
Operating Cash Flow to Interest Expense	-12.87	11.78	9.80	14.51	1.37	8.33	1.51	6.32	10.02	14.33	3.27
Operating Cash Flow Less CapEx to Interest Expense	-23.60	9.51	8.08	11.96	-1.53	6.53	0.87	5.57	8.82	13.54	2.20
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.24	1.16	2.59	2.91	1.60	1.30	1.09	1.01	1.07	1.19	1.02
Accounts Receivable Turnover	6.03	5.09	11.94	13.91	6.44	5.15	6.38	7.23	6.53	7.17	8.23
Inventory Turnover	6.88	4.75	4.92	6.25	8.06	6.98	6.82	8.89	11.75	8.07	4.23
Fixed Asset Turnover	14.80	12.80	29.94	40.59	18.08	13.10	14.32	13.39	15.72	27.34	24.77
Accounts Payable Turnover	7.82	7.06	6.87	8.86	8.36	6.29	7.54	7.82	6.68	6.06	6.44
Days Sales Outstanding (DSO)	60.52	71.75	30.57	26.23	56.72	70.90	57.20	50.48	55.88	50.91	44.36
Days Inventory Outstanding (DIO)	53.02	76.90	74.21	58.43	45.27	52.32	53.53	41.07	31.07	45.24	86.32
Days Payable Outstanding (DPO)	46.65	51.73	53.11	41.17	43.64	58.05	48.42	46.70	54.66	60.23	56.71
Cash Conversion Cycle (CCC)	66.90	96.92	51.68	43.48	58.34	65.17	62.31	44.84	32.28	35.92	73.97
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	172	95	51	88	189	125	223	180	200	104	56
Invested Capital Turnover	6.66	4.14	14.24	17.46	7.09	6.33	5.45	5.02	5.86	8.65	13.96
Increase / (Decrease) in Invested Capital	189	-78	-44	37	101	-64	97	-43	20	-96	-48
Enterprise Value (EV)	444	260	316	978	999	777	739	1,532	1,276	3,347	1,779
Market Capitalization	428	269	355	1,016	923	768	522	1,407	1,167	3,360	1,748
Book Value per Share	$1.62	$1.04	$0.86	$1.14	$0.97	$0.98	$0.04	$0.43	$0.69	$0.91	$0.19
Tangible Book Value per Share	($0.02)	($0.19)	$0.00	$0.18	($0.89)	($0.62)	($3.28)	($2.48)	($2.62)	($2.28)	($2.92)
Total Capital	278	171	145	218	310	295	416	427	394	339	213
Total Debt	122	67	55	93	198	179	411	372	304	222	188
Total Long-Term Debt	92	56	37	80	189	170	395	348	271	188	178
Net Debt	16	-9.35	-39	-38	77	9.14	217	125	109	-13	31
Capital Expenditures (CapEx)	22	7.21	5.33	10	40	23	15	17	15	14	18
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-20	-62	-59	-33	-44	-75	-161	-191	-172	-200	-198
Debt-free Net Working Capital (DFNWC)	86	14	35	98	77	95	33	56	22	35	-41
Net Working Capital (NWC)	57	2.56	17	86	68	86	16	32	-11	0.66	-51
Net Nonoperating Expense (NNE)	22	28	15	-2.31	20	16	58	4.60	10	12	40
Net Nonoperating Obligations (NNO)	16	-9.35	-39	-38	77	9.14	217	125	109	-13	31
Total Depreciation and Amortization (D&A)	39	49	43	26	49	53	64	55	40	35	29
Debt-free, Cash-free Net Working Capital to Revenue	-3.78%	-11.26%	-5.68%	-2.68%	-4.48%	-7.50%	-16.98%	-18.95%	-15.49%	-15.23%	-17.73%
Debt-free Net Working Capital to Revenue	16.60%	2.52%	3.37%	8.06%	7.84%	9.54%	3.47%	5.51%	2.00%	2.67%	-3.70%
Net Working Capital to Revenue	10.88%	0.46%	1.68%	7.05%	6.92%	8.63%	1.73%	3.16%	-1.00%	0.05%	-4.53%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.60)	($0.72)	($0.31)	($0.08)	($0.41)	($0.22)	($1.06)	$0.02	$0.34	$0.60	($0.66)
Adjusted Weighted Average Basic Shares Outstanding	95.52M	99M	103.07M	108.27M	114.22M	117.95M	122.54M	124.02M	129.44M	129.47M	129.29M
Adjusted Diluted Earnings per Share	($0.60)	($0.72)	($0.31)	($0.08)	($0.41)	($0.22)	($1.06)	$0.02	$0.33	$0.58	($0.66)
Adjusted Weighted Average Diluted Shares Outstanding	95.52M	99M	103.07M	108.27M	114.22M	117.95M	122.54M	127.67M	133.49M	133.65M	129.29M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	($1.06)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	97.39M	101.31M	106.39M	113.06M	118.32M	120.78M	119.81M	129.51M	131.16M	130.04M	130.34M
Normalized Net Operating Profit after Tax (NOPAT)	-17	-30	-13	20	17	-4.33	-31	27	62	93	-20
Normalized NOPAT Margin	-3.23%	-5.44%	-1.20%	1.62%	1.70%	-0.44%	-3.31%	2.70%	5.56%	7.05%	-1.81%
Pre Tax Income Margin	-10.22%	-12.09%	-3.08%	0.21%	-4.74%	-2.60%	-12.71%	1.01%	4.69%	7.17%	-6.94%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-24.84	-20.21	-9.37	1.47	-2.55	-1.23	-4.13	1.43	5.05	6.23	-3.83
NOPAT to Interest Expense	-16.86	-13.88	-6.79	-0.99	-1.92	-0.82	-2.91	0.29	4.26	5.17	-2.69
EBIT Less CapEx to Interest Expense	-35.57	-22.48	-11.09	-1.08	-5.46	-3.04	-4.78	0.68	3.84	5.44	-4.90
NOPAT Less CapEx to Interest Expense	-27.59	-16.15	-8.50	-3.54	-4.82	-2.62	-3.56	-0.47	3.05	4.38	-3.75
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	-58.02%	-23.65%	0.00%	101.59%	127.90%	-58.00%

This table displays calculated financial ratios and metrics derived from Extreme Networks' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.67%	0.04%	11.21%	13.32%	16.46%	30.81%	18.63%	-6.90%	-36.53%	-23.77%	-5.74%
EBITDA Growth	8.64%	-35.31%	-10.89%	14.80%	41.44%	134.53%	60.68%	-51.63%	-262.91%	-100.84%	17.06%
EBIT Growth	52.04%	-39.60%	-4.14%	30.04%	68.25%	258.32%	104.49%	-58.02%	-312.58%	-114.97%	34.66%
NOPAT Growth	130.74%	-46.78%	-3.27%	28.30%	66.23%	291.24%	102.76%	-71.45%	-273.95%	-110.66%	60.60%
Net Income Growth	269.35%	-47.61%	-0.87%	34.41%	72.57%	370.00%	127.86%	-77.76%	-391.11%	-136.63%	85.11%
EPS Growth	233.33%	-62.50%	-10.00%	30.00%	70.00%	533.33%	133.33%	-76.92%	-394.12%	-138.10%	100.00%
Operating Cash Flow Growth	-93.64%	12.42%	23.55%	217.63%	2,963.06%	25.84%	52.08%	-51.52%	0.00%	-75.43%	-37.09%
Free Cash Flow Firm Growth	-213.09%	-122.20%	-41.45%	508.86%	307.19%	1,089.03%	1,289.80%	181.89%	-135.20%	-85.46%	-152.16%
Invested Capital Growth	52.00%	11.17%	3.16%	-19.83%	-49.73%	-48.01%	-43.42%	0.00%	8.84%	-17.70%	0.00%
Revenue Q/Q Growth	1.63%	-2.56%	7.01%	6.94%	4.45%	9.44%	-2.96%	-16.07%	0.00%	0.00%	3.77%
EBITDA Q/Q Growth	-5.06%	-26.27%	36.21%	20.40%	16.96%	22.26%	-6.68%	-63.76%	0.00%	0.00%	5,170.36%
EBIT Q/Q Growth	-4.20%	-39.28%	68.50%	32.67%	23.94%	29.32%	-3.84%	-72.76%	0.00%	0.00%	345.05%
NOPAT Q/Q Growth	-4.99%	-50.87%	105.58%	33.69%	23.10%	15.63%	6.54%	-81.18%	0.00%	0.00%	383.55%
Net Income Q/Q Growth	-3.88%	-57.81%	132.62%	42.48%	23.42%	14.89%	12.78%	-86.09%	0.00%	0.00%	170.28%
EPS Q/Q Growth	0.00%	-70.00%	200.00%	44.44%	30.77%	11.76%	10.53%	-85.71%	0.00%	0.00%	175.00%
Operating Cash Flow Q/Q Growth	-92.92%	3,976.41%	-22.44%	41.96%	-31.76%	67.48%	-6.27%	-54.74%	0.00%	19.99%	15.86%
Free Cash Flow Firm Q/Q Growth	-397.45%	83.43%	169.80%	610.51%	152.08%	-20.89%	-1.91%	44.11%	0.00%	0.00%	-617.07%
Invested Capital Q/Q Growth	25.36%	-25.21%	5.61%	-19.03%	-21.40%	-22.65%	14.94%	-100.00%	0.00%	0.00%	3.32%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	56.52%	55.43%	56.00%	57.06%	57.72%	58.92%	60.30%	61.87%	56.82%	62.97%	62.69%
EBITDA Margin	9.36%	7.09%	9.02%	10.15%	11.37%	12.70%	12.22%	5.28%	-29.19%	-0.13%	6.55%
Operating Margin	6.06%	3.76%	5.84%	7.36%	8.90%	10.41%	10.17%	3.48%	-29.60%	-1.75%	4.53%
EBIT Margin	6.08%	3.79%	5.97%	7.40%	8.79%	10.38%	10.29%	3.34%	-29.43%	-2.02%	4.77%
Profit (Net Income) Margin	4.49%	1.94%	4.23%	5.63%	6.66%	6.99%	8.12%	1.35%	-30.53%	-3.90%	2.64%
Tax Burden Percent	87.36%	71.04%	87.80%	87.14%	84.98%	76.70%	86.27%	56.51%	99.04%	116.53%	73.92%
Interest Burden Percent	84.54%	72.22%	80.67%	87.29%	89.14%	87.75%	91.49%	71.31%	104.73%	165.76%	74.94%
Effective Tax Rate	12.64%	28.96%	12.20%	12.86%	15.02%	23.30%	13.73%	43.49%	0.00%	0.00%	26.08%
Return on Invested Capital (ROIC)	26.61%	15.66%	28.22%	39.43%	46.22%	69.07%	72.64%	0.00%	0.00%	-11.65%	67.12%
ROIC Less NNEP Spread (ROIC-NNEP)	25.12%	13.94%	25.90%	37.26%	43.19%	61.52%	68.51%	0.00%	0.00%	-30.51%	59.24%
Return on Net Nonoperating Assets (RNNOA)	57.64%	22.58%	32.93%	55.52%	42.43%	28.66%	34.78%	0.00%	0.00%	-16.50%	58.17%
Return on Equity (ROE)	84.24%	38.24%	61.14%	94.94%	88.65%	97.73%	107.42%	0.00%	0.00%	-28.15%	125.29%
Cash Return on Invested Capital (CROIC)	-13.75%	18.12%	22.86%	52.47%	100.31%	122.38%	119.45%	0.00%	0.00%	-48.67%	-342.72%
Operating Return on Assets (OROA)	6.84%	4.06%	6.60%	8.42%	10.30%	12.33%	13.00%	0.00%	0.00%	-1.93%	4.48%
Return on Assets (ROA)	5.05%	2.08%	4.67%	6.40%	7.80%	8.30%	10.26%	0.00%	0.00%	-3.73%	2.48%
Return on Common Equity (ROCE)	84.24%	38.24%	61.14%	94.94%	88.65%	97.73%	107.42%	0.00%	0.00%	-28.15%	125.29%
Return on Equity Simple (ROE_SIMPLE)	49.55%	0.00%	39.93%	57.65%	56.26%	0.00%	86.80%	0.00%	0.00%	-382.46%	-237.76%
Net Operating Profit after Tax (NOPAT)	15	7.43	15	20	25	29	31	5.83	-44	-3.30	9.36
NOPAT Margin	5.30%	2.67%	5.13%	6.41%	7.56%	7.99%	8.77%	1.97%	-20.72%	-1.23%	3.35%
Net Nonoperating Expense Percent (NNEP)	1.49%	1.72%	2.31%	2.17%	3.02%	7.55%	4.13%	0.00%	36.88%	18.86%	7.88%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	3.44%
Cost of Revenue to Revenue	43.48%	44.57%	44.00%	42.94%	42.28%	41.08%	39.70%	38.13%	43.18%	37.03%	37.31%
SG&A Expenses to Revenue	6.20%	5.79%	6.23%	7.57%	6.52%	7.04%	6.76%	8.56%	11.95%	13.60%	9.33%
R&D to Revenue	17.38%	16.22%	17.13%	16.53%	16.49%	15.34%	16.43%	17.83%	25.83%	20.23%	19.65%
Operating Expenses to Revenue	50.45%	51.67%	50.16%	49.70%	48.83%	48.51%	50.13%	58.39%	86.42%	64.72%	58.15%
Earnings before Interest and Taxes (EBIT)	17	11	18	24	29	38	36	9.90	-62	-5.44	13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	27	20	27	32	38	46	43	16	-62	-0.36	18
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	15.89	12.92	15.50	28.44	23.94	28.78	29.02	0.00	23.02	59.87	43.20
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.42	1.05	1.50	2.04	2.01	2.56	2.30	1.70	0.00	1.90	2.18
Price to Earnings (P/E)	32.08	26.36	38.82	49.33	42.54	43.04	33.43	28.50	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.12%	3.79%	2.58%	2.03%	2.35%	2.32%	2.99%	3.51%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	6.54	6.39	8.60	14.58	18.63	32.24	26.47	0.00	10.79	20.61	22.29
Enterprise Value to Revenue (EV/Rev)	1.57	1.15	1.59	2.11	2.04	2.55	2.31	0.00	0.00	1.96	2.23
Enterprise Value to EBITDA (EV/EBITDA)	15.11	12.19	17.89	23.59	21.43	23.37	19.81	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	24.42	19.77	28.44	35.97	30.84	30.90	24.89	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	28.66	23.45	33.64	42.61	36.53	37.25	29.90	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	14.41	9.96	13.18	13.39	10.75	13.43	11.48	0.00	13.07	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	37.13	38.22	24.74	12.42	18.02	16.01	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	3.37	3.36	2.70	3.41	2.27	1.90	2.17	0.00	3.57	6.88	4.31
Long-Term Debt to Equity	3.06	2.99	2.38	2.99	1.92	1.61	2.08	0.00	3.43	6.56	4.08
Financial Leverage	2.29	1.62	1.27	1.49	0.98	0.47	0.51	0.00	0.67	0.54	0.98
Leverage Ratio	14.72	14.35	11.30	13.46	10.34	10.67	9.88	0.00	12.81	15.32	21.11
Compound Leverage Factor	12.45	10.37	9.11	11.75	9.22	9.36	9.04	0.00	13.42	25.39	15.82
Debt to Total Capital	77.11%	77.09%	72.98%	77.35%	69.40%	65.53%	68.44%	0.00%	78.14%	87.31%	81.16%
Short-Term Debt to Total Capital	7.14%	8.46%	8.74%	9.59%	10.64%	10.14%	2.71%	0.00%	3.14%	4.07%	4.32%
Long-Term Debt to Total Capital	69.97%	68.63%	64.24%	67.75%	58.77%	55.39%	65.73%	0.00%	75.00%	83.24%	76.84%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	22.89%	22.91%	27.02%	22.65%	30.60%	34.47%	31.56%	0.00%	21.86%	12.69%	18.84%
Debt to EBITDA	2.90	2.90	2.94	2.73	2.01	1.55	1.48	0.00	0.00	-2.84	-2.89
Net Debt to EBITDA	1.45	1.04	0.99	0.82	0.27	-0.09	0.07	0.00	0.00	-0.83	-0.66
Long-Term Debt to EBITDA	2.63	2.58	2.59	2.39	1.70	1.31	1.42	0.00	0.00	-2.71	-2.73
Debt to NOPAT	5.49	5.58	5.54	4.94	3.42	2.47	2.23	0.00	0.00	-3.04	-3.05
Net Debt to NOPAT	2.75	2.01	1.86	1.48	0.45	-0.14	0.10	0.00	0.00	-0.88	-0.69
Long-Term Debt to NOPAT	4.98	4.97	4.87	4.33	2.89	2.09	2.14	0.00	0.00	-2.90	-2.88
Altman Z-Score	0.87	0.55	0.98	1.43	1.59	2.18	2.19	0.00	0.00	0.79	1.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.98	0.98	0.96	0.94	0.95	1.00	1.01	0.00	0.96	0.91	0.93
Quick Ratio	0.72	0.76	0.71	0.67	0.69	0.72	0.67	0.00	0.46	0.49	0.54
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-76	-13	8.82	63	158	125	123	177	-56	18	-92
Operating Cash Flow to CapEx	35.14%	1,490.17%	1,584.39%	2,254.25%	2,039.02%	1,562.00%	1,753.25%	606.81%	0.00%	268.72%	398.10%
Free Cash Flow to Firm to Interest Expense	-27.29	-4.16	2.31	16.13	40.03	21.81	28.39	41.38	-13.30	4.03	-22.05
Operating Cash Flow to Interest Expense	0.56	21.10	13.00	18.18	12.21	14.09	17.52	8.02	0.00	4.20	5.15
Operating Cash Flow Less CapEx to Interest Expense	-1.04	19.68	12.18	17.37	11.61	13.18	16.52	6.70	0.00	2.64	3.86
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.12	1.07	1.11	1.14	1.17	1.19	1.26	0.00	0.00	0.96	0.94
Accounts Receivable Turnover	7.58	6.53	7.92	8.27	7.63	7.17	9.43	0.00	0.00	9.04	8.64
Inventory Turnover	11.64	11.75	11.91	10.22	9.85	8.07	7.43	0.00	0.00	3.65	3.30
Fixed Asset Turnover	21.09	15.72	16.91	18.07	25.94	27.34	21.28	0.00	0.00	25.60	27.66
Accounts Payable Turnover	7.57	6.68	6.76	7.11	6.47	6.06	6.88	0.00	0.00	6.12	8.35
Days Sales Outstanding (DSO)	48.16	55.88	46.07	44.14	47.84	50.91	38.72	0.00	0.00	40.40	42.23
Days Inventory Outstanding (DIO)	31.35	31.07	30.66	35.71	37.05	45.24	49.12	0.00	0.00	100.03	110.46
Days Payable Outstanding (DPO)	48.25	54.66	53.97	51.37	56.39	60.23	53.06	0.00	0.00	59.67	43.73
Cash Conversion Cycle (CCC)	31.27	32.28	22.75	28.48	28.50	35.92	34.78	0.00	0.00	80.76	108.96
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	267	200	211	171	134	104	119	0.00	146	98	101
Invested Capital Turnover	5.02	5.86	5.50	6.15	6.11	8.65	8.28	0.00	0.00	9.50	20.03
Increase / (Decrease) in Invested Capital	91	20	6.46	-42	-133	-96	-92	-171	12	-21	101
Enterprise Value (EV)	1,746	1,276	1,815	2,491	2,501	3,347	3,159	0.00	1,577	2,024	2,262
Market Capitalization	1,578	1,167	1,714	2,405	2,470	3,360	3,148	2,286	1,496	1,959	2,212
Book Value per Share	$0.77	$0.69	$0.84	$0.64	$0.80	$0.91	$0.83	$0.00	$0.50	$0.25	$0.39
Tangible Book Value per Share	($2.61)	($2.62)	($2.43)	($2.53)	($2.41)	($2.28)	($2.29)	$0.00	($2.64)	($2.86)	($2.64)
Total Capital	434	394	409	373	337	339	344	0.00	297	258	272
Total Debt	334	304	299	289	234	222	235	0.00	232	225	221
Total Long-Term Debt	303	271	263	253	198	188	226	0.00	223	215	209
Net Debt	168	109	100	86	31	-13	11	0.00	81	66	50
Capital Expenditures (CapEx)	4.48	4.30	3.14	3.13	2.36	5.17	4.31	5.64	0.00	6.92	5.41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-147	-172	-183	-198	-192	-200	-211	0.00	-164	-199	-198
Debt-free Net Working Capital (DFNWC)	20	22	15	4.38	11	35	13	0.00	-13	-39	-27
Net Working Capital (NWC)	-11	-11	-21	-31	-25	0.66	3.74	0.00	-22	-50	-39
Net Nonoperating Expense (NNE)	2.30	2.02	2.69	2.49	3.01	3.64	2.29	1.84	21	7.20	1.98
Net Nonoperating Obligations (NNO)	168	109	100	86	31	-13	11	0.00	81	66	50
Total Depreciation and Amortization (D&A)	9.37	9.17	9.08	8.75	8.59	8.45	6.81	5.74	0.51	5.08	4.98
Debt-free, Cash-free Net Working Capital to Revenue	-13.18%	-15.49%	-16.04%	-16.80%	-15.64%	-15.23%	-15.45%	0.00%	0.00%	-19.23%	-19.43%
Debt-free Net Working Capital to Revenue	1.80%	2.00%	1.33%	0.37%	0.90%	2.67%	0.96%	0.00%	0.00%	-3.79%	-2.68%
Net Working Capital to Revenue	-0.98%	-1.00%	-1.80%	-2.66%	-2.02%	0.05%	0.27%	0.00%	0.00%	-4.80%	-3.83%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.10	$0.04	$0.10	$0.14	$0.17	$0.19	$0.22	$0.00	($0.50)	($0.08)	$0.06
Adjusted Weighted Average Basic Shares Outstanding	129.91M	129.44M	130.29M	130.47M	128.82M	129.47M	128.78M	0.00	129.30M	131.18M	132.38M
Adjusted Diluted Earnings per Share	$0.10	$0.03	$0.09	$0.13	$0.17	$0.19	$0.21	$0.00	($0.50)	($0.08)	$0.06
Adjusted Weighted Average Diluted Shares Outstanding	133.42M	133.49M	132.93M	134.45M	133.03M	133.65M	133.46M	0.00	129.30M	131.18M	134.11M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	130.84M	131.16M	131.35M	129.18M	129.00M	130.04M	129.61M	0.00	129.95M	132.13M	132.76M
Normalized Net Operating Profit after Tax (NOPAT)	18	8.37	16	21	26	29	33	11	-34	-2.41	10
Normalized NOPAT Margin	6.29%	3.01%	5.39%	6.54%	7.91%	8.10%	9.43%	3.72%	-15.94%	-0.89%	3.63%
Pre Tax Income Margin	5.14%	2.74%	4.81%	6.46%	7.83%	9.11%	9.41%	2.38%	-30.82%	-3.35%	3.57%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	6.22	3.47	4.64	6.07	7.40	6.59	8.41	2.32	-14.86	-1.23	3.19
NOPAT to Interest Expense	5.41	2.44	3.99	5.26	6.37	5.07	7.17	1.37	-10.46	-0.75	2.24
EBIT Less CapEx to Interest Expense	4.61	2.05	3.82	5.26	6.81	5.69	7.41	1.00	0.00	-2.79	1.89
NOPAT Less CapEx to Interest Expense	3.81	1.03	3.17	4.45	5.77	4.17	6.17	0.04	0.00	-2.31	0.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	50.77%	101.59%	0.00%	143.18%	163.30%	127.90%	132.48%	124.54%	0.00%	-19.95%	0.00%

Frequently Asked Questions About Extreme Networks' Financials

When does Extreme Networks's financial year end?

According to the most recent income statement we have on file, Extreme Networks' fiscal year ends in June. Their fiscal year 2024 ended on June 30, 2024.

How has Extreme Networks' net income changed over the last 10 years?

Extreme Networks' net income appears to be on a downward trend, with a most recent value of -$85.96 million in 2024, rising from -$57.31 million in 2014. The previous period was $78.07 million in 2023.

What is Extreme Networks's operating income?

Extreme Networks's total operating income in 2024 was -$65.20 million, based on the following breakdown:

Total Gross Profit: $630.83 million
Total Operating Expenses: $696.03 million

How has Extreme Networks revenue changed over the last 10 years?

Over the last 10 years, Extreme Networks' total revenue changed from $519.55 million in 2014 to $1.12 billion in 2024, a change of 115.0%.

How much debt does Extreme Networks have?

Extreme Networks' total liabilities were at $1.02 billion at the end of 2024, a 0.7% decrease from 2023, and a 175.2% increase since 2014.

How much cash does Extreme Networks have?

In the past 10 years, Extreme Networks' cash and equivalents has ranged from $73.19 million in 2014 to $246.89 million in 2021, and is currently $156.70 million as of their latest financial filing in 2024.

How has Extreme Networks' book value per share changed over the last 10 years?

Over the last 10 years, Extreme Networks' book value per share changed from 1.62 in 2014 to 0.19 in 2024, a change of -88.0%.

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This page (NASDAQ:EXTR) was last updated on 4/15/2025 by MarketBeat.com Staff

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Extreme Networks (EXTR) Financials

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