← EXTREME NETWORKS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $528.4m | $598.1m | $983.1m | $995.8m | $948.0m | $1.0b | $1.1b | $1.3b | $1.1b | $1.1b | |
| Cost of Revenue | $257.6m | $273.6m | $448.6m | $444.6m | $430.2m | $424.3m | $482.4m | $557.7m | $486.4m | $430.9m | |
| Gross Profit | $270.8m | $324.5m | $534.5m | $551.2m | $517.8m | $585.1m | $629.9m | $754.7m | $630.8m | $709.1m | |
| Operating Expenses | $296.3m | $325.2m | $572.7m | $566.0m | $616.7m | $550.7m | $565.8m | $646.4m | $696.0m | $692.2m | |
| Operating Income (Loss) | ($25.6m) | ($733k) | ($38.2m) | ($14.7m) | ($98.9m) | $34.4m | $64.2m | $108.3m | ($65.2m) | $16.9m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $17.0m | $8.7m | $8.7m | $6.3m | $8.4m | $6.1m | $3.2m | $2.0m | $2.0m | $2.0m | |
| Foreign Currency Transaction Gain (Loss), Realized | $1.3m | ($700k) | — | — | — | ($2.2m) | $1.7m | $800k | $600k | ($1.8m) | |
| Gain (Loss) on Investments | — | — | — | ($508k) | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($31.7m) | ($11.0m) | ($55.2m) | $22.3m | ($143.7m) | ($4.2m) | ($1.2m) | ($2.2m) | ($72.7m) | ($38.6m) | |
| Interest Income, Other | $113k | $689k | $2.8m | $2.2m | $1.4m | $352k | $412k | $3.2m | $4.6m | $4.3m | |
| Realized Investment Gains (Losses) | — | — | $4.0m | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($27.5m) | ($4.2m) | ($46.6m) | ($25.9m) | ($120.5m) | $10.2m | $52.2m | $94.1m | ($77.5m) | $4.3m | |
| Net Income (Loss) Attributable to Parent | ($31.9m) | ($8.5m) | ($46.8m) | ($25.9m) | ($126.8m) | $1.9m | $44.3m | $78.1m | ($86.0m) | ($7.5m) | |
| Earnings Per Share, Basic | ($0.31) | ($0.08) | ($0.41) | ($0.22) | — | $0.02 | $0.34 | $0.60 | ($0.66) | ($0.06) | |
| Earnings Per Share, Diluted | ($0.31) | ($0.08) | ($0.41) | ($0.22) | — | $0.02 | $0.33 | $0.58 | ($0.66) | ($0.06) | |
| Weighted Average Number of Shares Outstanding, Basic | 103.1m | 108.3m | 114.2m | 118.0m | — | 124.0m | 129.4m | 129.5m | 129.3m | 132.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 103.1m | 108.3m | 114.2m | 118.0m | — | 127.7m | 133.5m | 133.6m | 129.3m | 132.3m | |
| Research and Development Expense | $78.7m | $93.7m | $183.9m | $210.1m | $209.6m | $197.0m | $190.6m | $214.3m | $211.9m | $221.5m | |
| Selling and Marketing Expense | $150.8m | $162.9m | $267.1m | $285.3m | $283.6m | $276.8m | $294.5m | $336.9m | $345.8m | $327.6m | |
| General and Administrative Expense | $37.7m | $37.9m | $51.0m | $55.6m | $61.0m | $66.2m | $68.7m | $89.9m | $99.9m | $139.6m | |
| Other Nonoperating Income (Expense) | $987k | ($47k) | $2.6m | ($783k) | $737k | ($1.7m) | $383k | $23k | $133k | ($1.1m) | |
| Business Combination, Acquisition Related Costs | $1.1m | $13.1m | $53.9m | $3.4m | $32.1m | $2.0m | $7.0m | $390k | $0 | $0 | |
| Current Income Tax Expense (Benefit) | $2.6m | $2.3m | $4.8m | $5.8m | $4.8m | $6.5m | $7.5m | $15.9m | $8.4m | $12.9m | |
| Interest Expense | $3.1m | $4.1m | $13.9m | $12.6m | $23.8m | $22.9m | $12.8m | $17.4m | $17.0m | $15.9m | |
| Income Tax Expense (Benefit) | $4.3m | $4.3m | $145k | ($21k) | $6.4m | $8.2m | $7.9m | $16.0m | $8.5m | $11.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.