OverviewSuggest Edit

Extreme Networks is a company providing cloud-driven networking solutions for enterprise, data center, and service provider customers. It designs, develops, and manufactures wired and wireless network infrastructure equipment. The company also offers software for network management, policy, analytics, security, and access controls.

TypePublic
Founded1996
HQSan Jose, CA, US
Websiteextremenetworks.com
Employee Ratings3.6
Overall CultureA+

Latest Updates

Employees (est.) (Jun 2020)2,584(-4%)
Job Openings115
Revenue (FY, 2020)$948 M(-4%)
Share Price (Sept 2021)$9.8
Cybersecurity ratingBMore

Key People/Management at Extreme Networks

Ed Meyercord

Ed Meyercord

President, CEO & Director
Nabil Bukhari

Nabil Bukhari

Chief Technology Officer & Chief Product Officer
Remi Thomas

Remi Thomas

Chief Financial Officer
Katy Motiey

Katy Motiey

Chief Administrative and Sustainability Officer
Kimberley Basnight

Kimberley Basnight

Vice President of Talent & Head of Diversity and Inclusion
Norman J. Rice

Norman J. Rice

Chief Operating Officer
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Extreme Networks Office Locations

Extreme Networks has offices in San Jose, Herndon, Lake Mary, Morrisville and in 24 other locations
San Jose, CA, US (HQ)
6480 Vía Del Oro
Herndon, VA, US
381 Elden St #1050
Lake Mary, FL, US
1064 Greenwood Blvd, Suite 490
Morrisville, NC, US
2121 RDU Center Drive
Pleasanton, CA, US
5200 Franklin Drive, Suite 100
Salem, NH, US
9 Northeastern Blvd
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Extreme Networks Financials and Metrics

Extreme Networks Revenue

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Extreme Networks's revenue was reported to be $948.02 m in FY, 2020 which is a 4.8% decrease from the previous period.
USD

Revenue (Q3, 2021)

253.4m

Gross profit (Q3, 2021)

148.8m

Gross profit margin (Q3, 2021), %

58.7%

Net income (Q3, 2021)

3.5m

EBIT (Q3, 2021)

11.2m

Market capitalization (15-Sept-2021)

1.3b

Closing stock price (15-Sept-2021)

9.8

Cash (31-Mar-2021)

203.1m

EV

1.4b
Extreme Networks's current market capitalization is $1.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

983.1m995.8m948.0m

Revenue growth, %

62%1%(5%)

Cost of goods sold

448.6m444.6m430.2m

Gross profit

534.5m551.2m517.8m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

239.9m252.7m250.9m255.5m267.5m209.5m235.8m242.1m253.4m

Cost of goods sold

107.8m111.4m111.9m118.3m118.8m98.2m100.8m101.9m104.6m

Gross profit

132.1m141.3m138.9m137.2m148.7m111.3m135.0m140.2m148.8m

Gross profit Margin, %

55%56%55%54%56%53%57%58%59%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

121.1m169.6m193.9m

Accounts Receivable

212.4m174.4m122.7m

Prepaid Expenses

30.5m34.4m35.0m

Inventories

63.9m63.6m62.6m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(46.8m)(25.9m)(126.8m)

Depreciation and Amortization

49.1m52.9m63.8m

Inventories

17.3m278.0k20.0m

Accounts Payable

18.8m(9.8m)(26.1m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(9.1m)(1.9m)(8.8m)(37.7m)(61.3m)(105.6m)(8.8m)(11.9m)(8.4m)

Depreciation and Amortization

13.9m27.0m39.8m15.5m32.0m48.2m15.2m29.1m17.8m

Inventories

8.3m5.6m6.2m(2.1m)3.2m16.4m6.6m6.3m11.9m

Accounts Payable

(31.3m)(40.0m)(26.3m)(11.2m)(9.1m)(21.5m)10.6m4.9m7.9m
USDFY, 2018

Revenue/Employee

362.4k

Debt/Equity

1.8 x

Debt/Assets

0.3 x

Financial Leverage

6.8 x
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Extreme Networks Operating Metrics

Extreme Networks's Backlog was reported to be $31.7m in FY, 2020. Extreme Networks's Customers was reported to be 50 k in FY, 2020.
FY, 2018FY, 2019FY, 2020

Countries

303333

Backlog

$42.5 m$20.7 m$31.7 m

Customers

30 k30 k50 k

Patents (US)

620604707
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Extreme Networks Acquisitions / Subsidiaries

Company NameDateDeal Size
Aerohive NetworksJune 26, 2019$272 m
Avaya - Networking businessMarch 07, 2017$100 m
Zebra Technologies - Wireless LAN BusinessOctober 31, 2016$55 m
Enterasys NetworksSeptember 12, 2013
Soapstone NetworksAugust 10, 2009
OptranetJanuary 31, 2001$55.2 m
Aerohive Networks Australia Ltd.
Aerohive Networks Europe Ltd.
Aerohive Networks (Hangzhou) Ltd.
Aerohive Networks, Inc.
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Extreme Networks Revenue Breakdown

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Extreme Networks revenue breakdown by business segment: 31.1% from Service and 68.9% from Product

Extreme Networks revenue breakdown by geographic segment: 49.7% from Americas, 45.8% from EMEA and 4.5% from Other

Extreme Networks Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Extreme Networks Online and Social Media Presence

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Extreme Networks Company Culture

  • Overall Culture

    A+

    87/100

  • CEO Rating

    A+

    91/100

  • Compensation

    A+

    87/100

  • Diversity

    A+

    89/100

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Extreme Networks News and Updates

Extreme Networks launches CoPilot AIOps platform to deliver the always-on network

Extreme Networks Inc. today announced a new vision and a new AIOps product called CoPilot to support it. The vision, unveiled at the company’s digital user conference Extreme Connect, is something called the “Infinite Enterprise” where connectivity needs to be delivered to any point in the globe at…

Extreme Networks Expands CoPilot's AI-Driven Capabilities to Empower Taxed Network Administrators

SAN JOSE, Calif., May 26, 2021 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced a public beta of ExtremeCloud™ IQ CoPilot, a subscription level available within the ExtremeCloud IQ platform. CoPilot is designed to deliver...

Revealing The Value Of Real Time Data Inside Networks For Business - With Wes Durrow, CMO, Extreme Networks

In 2021, Wes was recognized by OnCon Icon Awards as a Top 10 Marketer.

Worldwide Wi-Fi Industry (2020 to 2026) - Major Players Include Cisco, Ericsson and Extreme Networks Among Others

Dublin, March 24, 2021 (GLOBE NEWSWIRE) -- The "Global Wi-Fi Market by Component (Hardware, Solution, Services), Density (High-density Wi-Fi and Enterprise-class Wi-Fi), Location Type (Indoor, Outdoor), Organization Size, Vertical (Education, Retail, e-Commerce), and Region - Forecast to 2026" rep…

Extreme Networks adds MLB to its roster of sports leagues

Networking provider Extreme Networks Inc. today announced it’s now the official WiFi solutions provider for Major League Baseball. Beginning with the 2021 season, 16 MLB ballparks will use Extreme WiFi 6 and WiFi analytics to improve the fan and media experience, with more installations scheduled t…

Major League Baseball Selects Extreme Networks As Official Wi-Fi Solutions Provider

SAN JOSE, Calif., Feb. 17, 2021 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced it is the Official Wi-Fi Solutions Provider of Major League Baseball (MLB). Beginning with the 2021 MLB season, Extreme will deliver in-stadium Wi-Fi...
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Extreme Networks Blogs

The Lost Manuscript of Wi-Fi has Been Found!

This is the book everyone has been waiting for! I am proud to announce the release of my latest technical suspense novel: Wi-Fi 6 & 6E for Dummies This eBook is now available as a free download courtesy of Extreme Networks. Some of the topics covered in this free bestseller include: An overview …

Extreme has closed acquisition of Infovista’s Ipanema SD-WAN business

We are excited to announce the closing of our acquisition of Ipanema, the cloud-native enterprise SD-WAN business unit of Infovista.  This deal brings a talented team and a rich technology platform that accelerates our  strategy to deliver new cloud-driven software services to support our enterprise…

Esperanza: A Celebration of Hispanic Heritage and Hope

For the first time in my career, I’m working for a company that is celebrating Hispanic Heritage Month and could not be more excited. Extreme Networks truly cares about its employees and has fostered an amazing culture where everyone feels valued and included. Many companies today talk about Diversi…

The Three Tenets of the Infinite Enterprise

So, I work with a bunch of visionaries at the Office of the Chief Technology Officer (CTO) at Extreme Networks. We call this group OCTO for short. While my life over the last 20 years has revolved around all things Wi-Fi, I also get to work with a group of brilliant people at OCTO. My […] The post T…

Extreme Networks Named “Wi-Fi At Work” Award Winner

Today we expect connectivity everywhere we go, and the experience we have with our Wi-Fi network can make or break our relationship with the network owner. Whether it’s a student, guest, customer, patient, or employee experience – good Wi-Fi is table stakes. If you don’t have it, you won’t even have…

The Off-Road Trail to 6 GHz AP Discovery

Author, David Coleman, provides a brief preview of the blog in his own words in the audio clip below. This is the fifth in a series of continuing blogs about Wi-Fi 6E and the new spectrum bonanza in the 6 GHz frequency band. And this is the second of two blogs where I discuss how […] The post The Of…
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Extreme Networks Frequently Asked Questions

  • When was Extreme Networks founded?

    Extreme Networks was founded in 1996.

  • Who are Extreme Networks key executives?

    Extreme Networks's key executives are Ed Meyercord, Nabil Bukhari and Remi Thomas.

  • How many employees does Extreme Networks have?

    Extreme Networks has 2,584 employees.

  • What is Extreme Networks revenue?

    Latest Extreme Networks annual revenue is $948 m.

  • What is Extreme Networks revenue per employee?

    Latest Extreme Networks revenue per employee is $366.9 k.

  • Who are Extreme Networks competitors?

    Competitors of Extreme Networks include Juniper Networks, Cisco and Arista Networks.

  • Where is Extreme Networks headquarters?

    Extreme Networks headquarters is located at 6480 Vía Del Oro, San Jose.

  • Where are Extreme Networks offices?

    Extreme Networks has offices in San Jose, Herndon, Lake Mary, Morrisville and in 24 other locations.

  • How many offices does Extreme Networks have?

    Extreme Networks has 33 offices.