NASDAQ$EXTR

Extreme Networks Inc · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Extreme Networks reported Q1 2026, revenue of $215M, net loss of $5M, diluted EPS of $-0.04.

For Q1 2026, Extreme Networks reported revenue of $215M, a net loss of $5M, diluted EPS was $-0.04. Management discusses segment trends, capital allocation, and macro risks in the quarterly filing.

  • Revenue $215M.
  • Net loss $5M.
  • Diluted EPS $-0.04.
  • Extreme Networks MD&A highlights operating priorities and liquidity.
  • Segment and geographic mix shape year-over-year comparisons.

Headline financials

Total Revenue

$310M

Previous: $269M+15.2%
EPS (adj)

-$0.04

Previous: -$0.08+50.0%
SaaS ARR

$216M

Previous: $174M+24.2%
GAAP Gross Margin

60.6%

Previous: 63.0%-3.8%
Non-GAAP Gross Margin

61.3%

Previous: 63.7%-3.8%
GAAP Operating Margin

3.6%

Previous: -1.8%+300.0%
Non-GAAP Operating Margin

13.3%

Previous: 12.4%+7.3%
Net Cash

$7.8M

Previous: -$28M+127.9%
Capital Expenditures

-$6.86M

Previous: -$6.92M+0.9%
Net Income

$5.61M

Previous: -$10.5M+153.4%
Operating Income

$11.3M

Previous: -$4.72M+339.5%
Gross Profit

$188M

Previous: $170M+10.9%

Revenue & EPS history

Extreme Networks · Revenue · Quarterly

$310M

Q1 2026+15.2%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Extreme Networks · $253M total across 1 segment · Q1 2024

  • Product
    $253M+22.9%

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+0.2%

Avg return

Earnings day

-0.7%

Avg return

5 days after

+3.9%

Avg return

30 days after

61%

39 / 64 earnings

Positive

+28.2%

Q3 2026

Best reaction

-30.4%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+28.2%+33.9%+55.5%
Q2 2026+2.4%-0.9%-6.9%
Q1 2026-15.4%-11.7%-17.7%
Q3 2025+4.9%+7.8%+19.1%
Q2 2025-3.0%-6.3%-4.9%
Q1 2025+5.0%+6.9%+16.7%
Q4 2024+3.6%+2.7%+5.8%
Q3 2024+2.0%-2.1%-0.4%
Q2 2024-20.6%-25.9%-25.1%
Q1 2024-17.1%-17.6%-20.6%
Q4 2023+6.6%+9.6%-2.5%
Q3 2023+8.4%+10.8%+19.4%
Q2 2023-9.0%-9.4%-2.4%
Q1 2023+13.8%+16.4%+29.4%
Q4 2022+17.4%+16.7%+28.6%
Q3 2022-13.0%-12.1%-10.9%
Q2 2022-1.9%+1.5%-2.5%
Q1 2022+15.5%+11.5%+30.6%
Q4 2021+14.7%+13.5%+12.6%
Q3 2021+16.8%+10.3%+11.3%
Q2 2021+1.7%-3.6%-6.6%
Q1 2021-5.1%-16.3%+22.0%
Q4 2020+4.6%+1.3%-14.5%
Q3 2020-1.5%-13.9%+36.8%
Q2 2020-15.8%-19.3%-30.7%
Q1 2020-14.9%-13.6%-7.1%
Q4 2019+13.7%+10.2%-9.2%
Q3 2019-20.1%-17.0%-29.6%
Q2 2019+9.0%+7.7%+21.1%
Q1 2019+14.7%+11.6%+12.1%
Q4 2018-30.4%-29.1%-33.1%
Q3 2018-23.5%-26.7%-24.3%
Q2 2018-13.5%-21.8%-8.1%
Q1 2018+0.6%-4.7%+10.1%
Q4 2017+20.4%+23.8%+30.7%
Q3 2017+11.1%+19.7%+33.2%
Q2 2017+0.0%+0.9%+11.2%
Q1 2017+2.9%+2.4%+1.9%
Q4 2016+0.8%+4.2%+1.3%
Q3 2016+5.7%
Q2 2016-29.6%
Q1 2016+1.4%
Q4 2015+21.5%
Q3 2015-0.8%
Q2 2015+12.6%
Q1 2015+15.2%
Q4 2014-0.8%
Q3 2014-29.0%
Q2 2014-16.3%
Q1 2014+12.0%
Q4 2013-4.8%
Q3 2013-4.6%
Q2 2013+0.8%
Q1 2013+8.0%
Q4 2012+0.3%
Q3 2011-0.8%
Q3 2012+0.3%
Q2 2011+2.2%
Q2 2012+0.9%
Q1 2012+2.4%
Q1 2011+2.4%
Q4 2011+2.4%
Q4 2010-2.3%
Q3 2010+0.3%

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