STOCK TITAN

Extreme Networks 8-K Filings

EXTR NASDAQ

Every 8-K that Extreme Networks (EXTR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow EXTR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EXTR filings page.

Rhea-AI Summary

EXTREME NETWORKS, INC. (EXTR) reported that its Audit Committee dismissed Grant Thornton LLP as independent registered public accounting firm effective August 21, 2026, and appointed Deloitte & Touche LLP for the fiscal year ending June 30, 2027 and related interim periods.

Grant Thornton’s audit reports for the fiscal years ended June 30, 2026 and June 30, 2025 contained no adverse opinion, disclaimer of opinion, or qualification related to uncertainty, audit scope, or accounting principles. The company states there were no “disagreements” and no “reportable events” with Grant Thornton under Regulation S-K Item 304 during those periods or through August 21, 2026.

The company also states that, during the same time frame, neither it nor anyone acting on its behalf consulted Deloitte on accounting principles, potential audit opinions, or any matters that would have constituted a disagreement or reportable event.

Rhea-AI Summary

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%.

Rhea-AI Summary

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.

Rhea-AI Summary

Extreme Networks reported fiscal Q3 2026 revenue of $316.9 million, up 11% year-over-year, with eight consecutive quarters of sequential product revenue growth. SaaS annual recurring revenue reached $236.4 million, rising 28.6% year-over-year as customers adopted Extreme Platform ONE and other subscription offerings.

GAAP diluted EPS improved to $0.08 from $0.03 a year ago, while non-GAAP diluted EPS was $0.26, up from $0.21. GAAP gross margin held at 61.7% and non-GAAP gross margin at 62.3%. The company ended Q3 with $210.1 million in cash and net cash of $11.3 million, after repurchasing $50 million of shares. For Q4 2026, Extreme targets revenue of $330–$335 million and non-GAAP EPS of $0.28–$0.30, and for full fiscal 2026 it targets revenue of $1.275–$1.280 billion and non-GAAP EPS of $1.02–$1.04.

Rhea-AI Summary

Extreme Networks, Inc. filed a current report to note that it has released a press release with certain financial results for the quarter ended December 31, 2025. The press release is furnished as Exhibit 99.1, meaning it is provided for information but not treated as formally filed under key securities law sections.

The company clarifies that the results in Item 2.02 and Exhibit 99.1 are not automatically incorporated into other SEC filings unless specifically referenced. The report is signed on behalf of Extreme Networks by Kevin Rhodes, Executive Vice President and Chief Financial Officer, who is also the principal accounting officer.

Rhea-AI Summary

Extreme Networks, Inc. appointed Ron Pasek to its Board of Directors, effective January 5, 2026. This expands the company’s board with a new non-employee director who will receive the same standard cash and equity compensation as other outside directors.

Mr. Pasek will receive a pro rata portion of the $110,000 annual board retainer and, if he serves on committees, a pro rata portion of annual fees of $12,500 for the Audit Committee, $10,000 for the Compensation Committee, or $5,000 for the Nominating and Corporate Governance Committee. Upon appointment, he received a restricted stock unit award for 11,075 shares under the 2013 Equity Incentive Plan, vesting at the earlier of the next annual stockholder meeting or November 12, 2026, and accelerating upon certain changes in control or ownership. He also entered into the company’s standard director indemnification agreement.

Rhea-AI Summary

Extreme Networks (EXTR) reported results of its November 12, 2025 annual meeting. Shareholders elected seven directors for one-year terms. There were 133,652,565 shares entitled to vote and 117,132,707 shares were voted in person or by proxy.

Advisory pay was approved with 97,922,278 votes for, 5,714,907 against, and 566,205 abstaining. Grant Thornton LLP was ratified as auditor with 116,578,376 votes for, 60,129 against, and 494,202 abstaining. Shareholders approved an amendment and restatement of the 2013 Equity Incentive Plan to add 6,800,000 shares reserved for issuance, with 88,997,473 votes for, 14,651,251 against, and 554,666 abstaining. Broker non-votes were 12,929,317 across applicable items.

Rhea-AI Summary

Extreme Networks (EXTR) furnished a Reg FD 8-K stating it issued a press release with financial guidance for the full fiscal year 2026, which ends June 30, 2026. The announcement coincided with the Company’s Investor Day on November 10, 2025, and the release is provided as Exhibit 99.1.

The Company notes the information under Item 7.01, including Exhibit 99.1, is furnished, not filed, and will not be incorporated by reference into other SEC filings except if expressly referenced.

Rhea-AI Summary

Extreme Networks (EXTR) furnished a Form 8-K announcing it issued a press release with certain financial results for the quarter ended September 30, 2025. The press release is included as Exhibit 99.1.

The company states the information under Item 2.02, including Exhibit 99.1, is furnished, not filed under the Exchange Act and is not incorporated by reference into other SEC filings except as specifically referenced. EXTR’s common stock trades on the NASDAQ Global Select Market.