Welcome to our dedicated page for EXTREME NETWORKS SEC filings (Ticker: EXTR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Extreme Networks filings document the public-company disclosures of a Delaware networking-technology issuer traded on Nasdaq under EXTR. Recent Form 8-K reports furnish quarterly and fiscal-year financial results under Item 2.02, Reg FD guidance updates, and related operating commentary for its AI-powered cloud networking and network infrastructure business.
The company’s proxy and annual-meeting filings cover board elections, advisory executive compensation votes, auditor ratification, equity incentive plan amendments, non-employee director compensation and indemnification arrangements. These records also document governance actions such as director appointments, stockholder voting results, executive pay disclosures and share-reserve approvals tied to the company’s equity compensation framework.
EXTREME NETWORKS INC (EXTR) is the issuer for which officer Kevin Rhodes has filed a notice of proposed sales of common stock under Rule 144. The notice covers 21,825 shares of common stock held at Fidelity Brokerage Services LLC, with an aggregate market value of $486,697.50, to be sold on or about 08/21/2026 on NASDAQ. The filing indicates these shares were acquired from the issuer on 08/15/2025 through RSU awards. The issuer had 130,490,653 shares of common stock outstanding as of the filing’s reference. Over the past three months, Kevin Rhodes has already sold 35,000 shares of EXTR common stock on 06/11/2026 for total proceeds of $1,059,450.00. The notice is signed by Audrey Skillern as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Kevin Rhodes.
EXTREME NETWORKS INC (EXTR) reported multiple equity compensation events for EVP and Chief Financial Officer Kevin R. Rhodes. On 2026-08-16, he received 39,255 and 35,919 shares of common stock from performance awards after Compensation Committee certification, while shares were also withheld at $24.41 per share to cover income and payroll taxes on released awards. Around 2026-08-15, time-based RSUs covering 9,819 and 35,884 shares were converted into common stock, with related tax-withholding share dispositions, and a new time-based RSU award for 110,000 underlying shares was granted, vesting over time from the original grant date.
EXTREME NETWORKS INC (EXTR) reported insider equity activity by its Chief Legal Admin Sust Officer, Katayoun Motiey. Time-based restricted stock units converted into common stock on August 15, 2026, with shares delivered to a trust and portions withheld to cover income and payroll taxes at $24.41 per share. On August 16, 2026, additional common stock was issued to the reporting person’s trust upon certification of performance awards granted in 2024 and 2025, and a new time-based RSU award of 65,620 units was granted, scheduled to vest over time from the original grant date.
EXTREME NETWORKS INC (EXTR) reported multiple equity-related transactions by President and CEO Edward Meyercord. On 2026-08-16 he acquired 115,522 and 98,039 shares of common stock from performance awards granted in 2024 and 2025, which vested after Compensation Committee certification, and he also received time-based awards of restricted stock units. Several code F transactions on 2026-08-15 and 2026-08-16 reflect shares of common stock withheld at $24.41 per share to cover income and payroll withholding taxes upon release of awards. On 2026-08-15, multiple restricted stock unit awards were exercised or converted into an aggregate of 138,557 shares of common stock, and a new time-based RSU award of 334,290 units was granted, which vests one-third on the first anniversary of grant and one-twelfth each quarter thereafter.
Extreme Networks, Inc. focuses on AI-powered, cloud-managed enterprise networking, selling wired and wireless infrastructure, SD‑WAN, security and analytics, all centered on its ExtremeCloud IQ platform and the newer Extreme Platform ONE, made generally available in July 2025. In May 2026 it introduced Extreme Agent ONE, an AI experience expected to add coworker and operator automation modes later in 2026.
The company targets a networking total addressable market above $46 billion in 2025, projected to reach $77 billion by 2030, with particularly rapid growth forecast in AI campus networking. International customers generated 55% of fiscal 2026 revenue. Product backlog was $51.8 million at June 30, 2026 versus $72.3 million a year earlier.
Operations rely heavily on Asian original design manufacturers, exposing Extreme to supply‑chain, tariff, and geopolitical risks, as well as semiconductor constraints. The company emphasizes cloud choice, security (including Universal ZTNA), and autonomous operations as differentiators, and employed 2,894 people as of June 30, 2026.
EXTREME NETWORKS INC director Raj Khanna, through The Khanna 2002 Revocable Trust, reported an open-market sale of 15,000 shares of common stock on 2026-08-10 at a weighted average price of $24.2001 per share, with individual sale prices ranging from $24.2000 to $24.2050. Following this transaction executed under a Rule 10b5-1 trading plan dated 09/02/2025, the trust holds 195,062 shares of Extreme Networks common stock.
Extreme Networks reported fiscal 2026 revenue of $1,283.6 million, up 12.6% year-over-year, with non-GAAP diluted EPS rising to $1.06 from $0.84. GAAP diluted EPS was $0.31, compared with a GAAP loss per share of $0.06 a year earlier. SaaS ARR reached $244.3 million, up 17.7% year-over-year, highlighting growth in subscription offerings such as Extreme Platform ONE.
For Q4 2026, revenue was $338.6 million, up 10.3% year-over-year and 6.8% sequentially, with non-GAAP gross margin of 62.7% and non-GAAP operating margin of 15.7%. Full-year free cash flow was $95.3 million, down from $127.3 million, while cash and cash equivalents were $211.8 million and net cash was $46.8 million. The company entered a new $500.0 million revolving credit facility and repurchased $25.0 million of stock in Q4. Looking to fiscal 2027, Extreme targets revenue of $1,380.0–$1,400.0 million, GAAP EPS of $0.68–$0.74, and non-GAAP EPS of $1.28–$1.33, with gross margin of 62.2–62.7% and non-GAAP operating margin of 16.7–17.1%.
Extreme Networks president and CEO Edward Meyercord exercised a Non-Qualified Stock Option covering 24,573 shares of common stock at an exercise price of $6.70 per share on 2026-08-03.
On the same date he sold a total of 50,000 shares of common stock in multiple transactions at weighted average prices of $29.7848 and $29.7857 per share, pursuant to a Rule 10b5-1 Plan dated 08/28/2025.
Extreme Networks, Inc. entered into a new Credit Agreement on July 29, 2026 with lenders led by JPMorgan Chase Bank, N.A., providing a 5-year revolving loan facility of $500 million. This facility replaces the company’s June 22, 2023 credit agreement with Bank of Montreal and may be used for working capital and other general corporate purposes. On the closing date, Extreme borrowed amounts under the new facility to repay all indebtedness, accrued interest, and fees under the prior agreement and to cover transaction costs, leaving $200 million of revolving loans outstanding and $300 million of revolving commitments available.
The Revolving Facility includes an uncommitted accordion feature permitting incremental revolving commitments and/or term loans based on a formula that includes the greater of $175 million and 100.0% of Consolidated EBITDA, certain voluntary prepayments, and an additional amount subject to pro forma compliance with leverage and interest coverage covenants. Borrowings bear interest at either the Alternate Base Rate or the Adjusted Term SOFR Rate plus a margin that varies with Extreme’s consolidated total net leverage ratio, ranging from 1.25%–2.00% for SOFR loans and 0.25%–1.00% for base rate loans, plus a 0.20%–0.25% commitment fee on unused commitments.
Obligations are guaranteed by certain subsidiaries and secured by substantially all tangible and intangible assets of Extreme and the guarantors, including equity pledges over specified domestic and foreign subsidiaries. Financial covenants require a minimum consolidated interest charge coverage ratio of 3.00 to 1.00 and a maximum consolidated total net leverage ratio of 3.75 to 1.00, with a temporary step-up to 4.25 to 1.00 following a material acquisition, tested quarterly beginning with the quarter ending September 30, 2026. All commitments under the prior credit agreement were terminated, all related guarantees and liens were released, and Extreme reports no material early termination penalties.