Earnings ·
Extreme Networks reported fourth quarter and fiscal year 2026 financial results on August 5, 2026
EXTRExtreme Networks Inc
Extreme Networks reported fourth quarter and fiscal year 2026 financial results on August 5, 2026. Fiscal 2026 revenue increased 12.6% to $1,283.6 million, with GAAP diluted EPS of $0.31 compared to a loss last year. The fourth quarter saw revenue rise 10.3% to $338.6 million and SaaS ARR grow 17.7% to $244.3 million. Management provided FY27 guidance targeting total net revenue between $1,380.0 million and $1,400.0 million with non-GAAP EPS of $1.28 to $1.33. The company also announced a new $500.0 million revolving credit facility entered into on July 29, 2026, which was used to repay existing debt. Extreme Networks operates in the technology industry, providing AI-powered cloud networking solutions.