Extreme Networks develops AI-powered cloud networking products for enterprise, campus, venue, healthcare, education and public-sector environments. The company’s updates commonly cover Extreme Platform ONE, AI automation, analytics, network security, wired and wireless infrastructure, SD-WAN capabilities, and Wi-Fi 7 access points managed through its cloud platform.
News for EXTR also includes customer deployments in high-density venues and campuses, platform enhancements, third-party device management, autonomous networking features such as Extreme Agent ONE, quarterly financial results, SaaS annual recurring revenue trends, supply-chain actions, guidance updates and investor conference participation.
Extreme Networks (EXTR) announced executive participation in six investor conferences scheduled from November 12 through December 9, 2026. Stan Kovler, Kevin Rhodes and Ed Meyercord will conduct investor meetings. Rhodes will also participate in a fireside chat at the UBS Global Technology and AI Conference on December 2 at 12:15 p.m. MT. Fireside-chat webcasts will be archived on the investor relations website for at least 30 days.
Extreme Networks (EXTR) reported fiscal first-quarter revenue of $341.1 million, marking its seventh consecutive quarter of double-digit year-over-year growth. For the quarter ended September 30, 2026, revenue rose 10%, while software subscription annual recurring revenue reached $264.7 million, up 22%. GAAP diluted earnings per share increased to $0.12 from $0.04, and GAAP net income reached $16.0 million versus $5.6 million.
GAAP gross margin improved to 62.1% from 60.6%, and operating margin reached 6.8% versus 3.6%. Free cash flow turned positive at $38.6 million, compared with negative $20.9 million. Cash totaled $244.5 million, against $200.0 million of gross debt. Extreme targets second-quarter revenue of $345.8 million–$350.8 million and GAAP earnings per share of $0.19–$0.22. Its fiscal 2027 targets include revenue of $1,402.3 million–$1,412.3 million and GAAP earnings per share of $0.77–$0.83.
Extreme Networks (NASDAQ: EXTR) previewed its roadmap for on-premises enterprise AI, with Exchange zones planned for the first half of 2027. The company plans to let customers run AI applications locally using a compute platform or qualifying customer-owned server alongside spare capacity on network equipment. Models would run locally by default, with cloud processing permitted only under customer policy and logged when used.
Extreme Networks (EXTR) announced early usage results for Agent ONE Coworker, including an estimated 1,000 customer troubleshooting hours saved during its first month.
The company reported engagement roughly 10x that of its first-generation conversational AI agent. In the first month of general availability, 41% of Extreme Platform ONE customers used Agent ONE for daily tasks, 98% of critical nudges received a response, and 58% of support cases opened through Coworker included all evidence needed to begin resolution.
Extreme expects Operator mode, designed to respond to events and run scheduled tasks within defined governance boundaries, to become available in the first half of CY27.
Extreme Networks (EXTR) plans to release its first fiscal quarter 2027 financial results before market open on October 28, 2026. The quarter ended September 30, 2026. An earnings conference call and webcast will follow at 8:00 a.m. ET, with webcast access through the company's investor website.
Extreme Networks (EXTR) launched the general availability of Extreme Agent ONE Coworker, an agentic AI networking assistant now included for all Extreme Platform ONE subscribers worldwide. The company said the AI agent uses each customer’s real-time and historical network context to provide proactive recommendations, enabling IT teams to resolve issues up to 15x faster and shift from reactive troubleshooting to proactive planning.
Agent ONE Coworker introduces multiple embedded AI skills, including “Nudge” for proactive anomaly surfacing, “Talk to RRM” for wireless optimization, a “canvas” dashboard/report generator, and enhanced “talk to knowledge,” “talk to data,” and “talk to support” capabilities that aim to cut onboarding time for new staff by up to 50%.
Extreme Networks (Nasdaq: EXTR) announced its investor conference schedule for August and September 2026, featuring appearances by President and CEO Ed Meyercord and EVP/CFO Kevin Rhodes at events hosted by KeyBanc, Oppenheimer, Rosenblatt, Jefferies, Citi, B. Riley and Piper Sandler.
Presentations and fireside chats will be held across in-person and virtual venues from August 10 to September 15, 2026. A live webcast of each fireside chat will be available under Events & Presentations on the Investor Relations section of the Extreme Networks website and archived for at least 30 days.
Extreme Networks (Nasdaq: EXTR) reported fiscal Q4 2026 revenue of $338.6 million, up 10.3% year-over-year and 6.8% sequentially, with SaaS ARR of $244.3 million, up 17.7% year-over-year. Q4 GAAP diluted EPS was $0.13 versus a loss of $0.06 a year ago; non-GAAP diluted EPS was $0.32, up from $0.25.
For fiscal 2026, revenue reached $1.28 billion, up 12.6% year-over-year, with non-GAAP operating margin of 14.8% and non-GAAP EPS of $1.06. The company ended Q4 with $211.8 million in cash and $46.8 million net cash, repurchased $25 million of stock, and entered a new $500 million revolving credit facility. For Q1 2027, Extreme targets revenue of $334–$339 million and non-GAAP EPS of $0.27–$0.29.
Extreme Networks (Nasdaq: EXTR) will release its fourth quarter and fiscal year 2026 financial results, for the period ended June 30, 2026, before market open on Wednesday, August 5, 2026.
An earnings conference call and webcast will follow at 8:00 a.m. ET.
Extreme Networks (NASDAQ: EXTR) launched Bond's Extreme Journey, a 10,000-mile solo cycling expedition by world-record holder Bond Almand to all 30 NFL stadiums, aligning with America's 250th birthday. Supported by the NFL and Oakley, the initiative highlights community connections, technology, and active lifestyles.