earnings
confidence high
sentiment positive
materiality 0.85
Extreme Networks Q1 FY26: Revenue $310M (+15% YoY), GAAP EPS $0.04, Non-GAAP $0.22, SaaS ARR $216M
EXTREME NETWORKS INC
2026-Q1 EPS reported
$0.04
revenue$310,245,000
- Revenue $310.2M up 15.2% YoY; SaaS ARR $216.2M up 24.2% YoY.
- GAAP diluted EPS $0.04 vs -$0.08 YoY; Non-GAAP diluted EPS $0.22 vs $0.17 YoY.
- GAAP gross margin 60.6%; Non-GAAP gross margin 61.3%; GAAP operating margin 3.6%.
- Full-year revenue growth guidance re-accelerated to ~10% at midpoint; expects higher earnings and cash flow.
- Repurchased $12M in shares (~0.6M shares) during Q1; cash $209M, net cash $7.8M.