25.60
+6.53%
Close of 9 Nov 2026, in USD
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About Extreme Networks
From its filings with the US Securities and Exchange Commission
Extreme Networks is based in Morrisville, North Carolina and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker EXTR. The SEC classifies its business as computer communications equipment. In the fiscal year to 30 June 2026, it reported revenue of $1.28bn and net income of $42.1m. At that date it held total assets of $1.18bn and shareholders' equity of $88.6m.
Extreme Networks, Inc. (EXTR) (collectively referred to as “Extreme,” “Company,” and as “we,” “us” and “our”) is a leader in AI-powered cloud-based networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users. We push the boundaries of technology, leveraging artificial intelligence (“AI”), analytics, and automation in our industry-leading products and services. Tens of thousands of customers globally trust Extreme to drive value, foster innovation, and overcome extreme challenges. Extreme also designs, develops, and manufactures wired, wireless, and software-defined wide area network (“SD-WAN”) infrastructure equipment. Our Extreme Platform ONE solution, made generally available in July 2025, is a technology platform designed to reduce operational complexity for enterprises by integrating networking, security, and AI solutions into a single platform. In May 2026, we announced Extreme Agent ONE, a unified AI experience within Extreme Platform ONE that is expected to operate across Coworker and Operator modes. The Coworker mode is expected to provide proactive, context-aware assistance, and the Operator mode is expected to support autonomous execution of certain operator-defined tasks, in each case subject to customer-defined rules, schedules, and governance.
Quoted from its 10-K, filed 17 Aug 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Communications Equipment
- Listed since
- 9 Apr 1999
- Employees
- 2,894
- Website
- extremenetworks.com ↗
- Head office
- 2121 RDU CENTER DRIVE, MORRISVILLE, NC, 27560
- Incorporated in
- DE
- Classification
- Computer Communications Equipment
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. John ShoemakerIndependent Chairman of the Board$447,000
- Mr. Edward MeyercordPresident, Chief Executive Officer, Director, since 2009$13.0m
- Mr. Kevin RhodesChief Financial Officer, Executive Vice President, Treasurer$4.7m
- Ms. Katayoun MotieyExecutive Vice President, Chief Legal, Administrative and Sustainability Officer, Corporate Secretary$3.0m
- Ms. Kimberley BasnightSenior Vice President - Talent/Human Resource, Chief Diversity and Inclusion Officer
- Mr. Nabil BukhariChief Product and Technology Officer, General Manager - Subscription Business
- Ms. Anisha VaswaniChief Information and Customer Officer
- Mr. Norman RiceChief Commercial Officer$886,595
- Ms. Ingrid BurtonIndependent Director$330,000
- Mr. Charles CarinalliIndependent Director$350,000
- Ms. Kathleen HolmgrenIndependent Director$352,500
- Mr. Edward KennedyIndependent Director$347,500
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 52
- Environment
- 44
- Social
- 52
- Governance
- 62
- Women in the workforce
- 26%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Extreme Networks Inc has several strengths that contribute to its success in the market. Firstly, the company has a strong reputation for providing high-quality networking solutions, backed by innovative technology and robust infrastructure. This has allowed them to build a loyal customer base over the years. Secondly, Extreme Networks Inc enjoys a strong global presence, with a wide network of partners and distributors, allowing them to effectively reach customers in various regions around the world. This global presence gives them a competitive advantage in terms of market share and customer reach. Additionally, the company possesses a highly skilled and experienced workforce, comprising experts in the field of network technology. This expertise allows them to develop and deliver cutting-edge solutions that cater to the evolving demands of the industry. Lastly, Extreme Networks Inc maintains strong relationships with key industry players, enabling them to collaborate on joint ventures, research, and development initiatives. This helps the company stay at the forefront of technology advancements, further enhancing their competitive position.
Weaknesses
- Despite its strengths, Extreme Networks Inc also faces certain weaknesses that could hinder their growth and competitiveness. Firstly, the company has relatively lower brand recognition compared to some of its major competitors. This lack of widespread brand awareness may limit their ability to attract new customers and expand their market share. Secondly, Extreme Networks Inc heavily relies on third-party suppliers for certain components and technologies used in their products. This dependence on external suppliers poses a risk of supply chain disruptions, which could impact production and customer delivery schedules. Additionally, the company has a smaller product portfolio compared to some competitors, limiting their ability to offer a comprehensive range of solutions to customers. This may result in potential customers seeking alternatives from competitors who can provide a more extensive product lineup. Lastly, Extreme Networks Inc may face challenges in adapting to rapidly changing market trends and customer preferences. Failure to quickly innovate and address shifting industry demands could lead to a loss of competitive advantage.
Opportunities
- Extreme Networks Inc has several opportunities to capitalize on to further strengthen its market position. Firstly, the increasing demand for high-speed and reliable networking solutions presents a significant growth opportunity. Extreme Networks Inc can leverage its expertise and innovative technology to meet this demand and expand its customer base. Secondly, the rise of emerging technologies such as the Internet of Things (IoT) and cloud computing provides an opportunity for Extreme Networks Inc to develop specialized solutions tailored to these emerging markets. By investing in research and development in these areas, the company can position itself as a leader in providing networking infrastructure for IoT and cloud-based systems. Additionally, the growing adoption of software-defined networking (SDN) presents an opportunity for Extreme Networks Inc to offer solutions that enable network virtualization, enhanced flexibility, and simplified network management. By aligning their product portfolio with the SDN trend, the company can attract customers seeking advanced networking solutions. Lastly, strategic partnerships and acquisitions can provide Extreme Networks Inc with opportunities to expand its product offering, enter new markets, or gain access to new technologies or expertise. Collaborating with other industry leaders can help them tap into untapped markets and enhance their competitive position.
Threats
- Extreme Networks Inc also faces various threats that could potentially impact its business operations. Firstly, intense competition within the networking industry poses a threat to their market share. Competitors with larger market presence, greater resources, and extensive product portfolios may offer more attractive alternatives, potentially leading to customer attrition. Secondly, rapid technological advancements and industry convergence can make existing products obsolete or less competitive. Failure to keep up with emerging technologies and market trends may result in reduced demand for Extreme Networks Inc's solutions. Additionally, economic downturns or fluctuations in the global economy can adversely affect the company's financial performance. Reduced IT budgets and delayed infrastructure investments by businesses may lead to decreased demand for network solutions. Lastly, political and regulatory changes can impact Extreme Networks Inc's operations, especially when it comes to international markets. Trade barriers, import/export restrictions, and changing regulations related to data privacy and security can pose challenges to the company's global operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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