Extreme Networks (EXTR) Reports Fiscal Q2 2026 Results, Here’s What You Need to Know

Company Performance - Extreme Networks, Inc. reported a 14% year-over-year increase in quarterly revenue, reaching $317.9 million for fiscal Q2 2026 [1] - The non-GAAP EPS for the quarter was $0.26, surpassing the $0.21 EPS from the previous year [1] - The company achieved its seventh consecutive quarter of sequential growth [2] Revenue Breakdown - Product revenue increased by 25.5% year-over-year, while Subscription and Support revenue grew by 13% [2] - The SaaS ARR (Annual Recurring Revenue) reached $226.8 million [2] Future Outlook - For fiscal Q3 2026, Extreme Networks expects revenue to be in the range of $309.1 million to $314.1 million [3] - Gross margins are anticipated to be between 60.4% and 60.8% [3] Company Overview - Extreme Networks operates as a developer, marketer, and seller of network infrastructure equipment and related software [4] - The company provides products such as ExtremeCloud IQ, ExtremeCloud IQ-Site Engine, and ExtremeCloud IQ Essentials, serving mid-market and enterprise customers as well as service providers across various industries [4]