EXTREME NETWORKS INC

For the period ended Jun 30, 2025. Filed Aug 18, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Aug 18, 2025

EXTR$25.60+6.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(In thousands, except per share amounts)

	June 30,2025	June 30,2024
ASSETS
Current assets:
Cash and cash equivalents	$231,745	$156,699
Accounts receivable, net	126,708	89,518
Inventories	102,578	141,032
Prepaid expenses and other current assets	74,265	79,677
Total current assets	535,296	466,926
Property and equipment, net	44,366	43,744
Operating lease right-of-use assets, net	38,655	44,145
Goodwill	399,574	393,709
Intangible assets, net	6,541	10,613
Other assets	128,786	83,457
Total assets	$1,153,218	$1,042,594
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$63,939	$51,423
Accrued compensation and benefits	62,895	42,064
Accrued warranty	9,684	10,942
Current portion of deferred revenue	325,078	306,114
Current portion of long-term debt, net of unamortized debt issuance costs of $729 and $674, respectively	14,271	9,326
Current portion of operating lease liabilities	11,456	10,547
Other accrued liabilities	100,552	87,172
Total current liabilities	587,875	517,588
Deferred revenue, less current portion	292,415	268,909
Long-term debt, less current portion, net of unamortized debt issuance costs of $1,276 and $1,735, respectively	163,724	178,265
Operating lease liabilities, less current portion	33,991	41,466
Deferred income taxes	7,033	7,978
Other long-term liabilities	2,596	3,106
Commitments and contingencies (Note 9)
Stockholders’ equity:
Convertible preferred stock, $0.001 par value, issuable in series, 2,000 shares authorized; none issued	—	—
Common stock, $0.001 par value, 750,000 shares authorized; 152,673 and 148,503 shares issued, respectively; 132,064 and 130,284 shares outstanding, respectively	153	149
Additional paid-in-capital	1,298,791	1,220,379
Accumulated other comprehensive loss	(8,137)	(15,483)
Accumulated deficit	(949,429)	(941,962)
Treasury stock at cost, 20,609 and 18,219 shares, respectively	(275,794)	(237,801)
Total stockholders’ equity	65,584	25,282
Total liabilities and stockholders’ equity	$1,153,218	$1,042,594

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.