EXTREME NETWORKS INC
For the period ended Jun 30, 2025. Filed Aug 18, 2025.
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FY2025 · Filed Aug 18, 2025
EXTR$25.60+6.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per share amounts)
| Year Ended | |||
|---|---|---|---|
| June 30,2025 | June 30,2024 | June 30, 2023 | |
| Net revenues: | |||
| Product | $704,462 | $699,257 | $932,454 |
| Subscription and support | 435,605 | 417,946 | 380,000 |
| Total net revenues | 1,140,067 | 1,117,203 | 1,312,454 |
| Cost of revenues: | |||
| Product | 300,831 | 365,759 | 426,295 |
| Subscription and support | 130,109 | 120,613 | 131,439 |
| Total cost of revenues | 430,940 | 486,372 | 557,734 |
| Gross profit: | |||
| Product | 403,631 | 333,498 | 506,159 |
| Subscription and support | 305,496 | 297,333 | 248,561 |
| Total gross profit | 709,127 | 630,831 | 754,720 |
| Operating expenses: | |||
| Research and development | 221,459 | 211,931 | 214,270 |
| Sales and marketing | 327,563 | 345,802 | 336,906 |
| General and administrative | 139,621 | 99,938 | 89,934 |
| Acquisition and integration costs | — | — | 390 |
| Restructuring and related charges | 1,492 | 36,321 | 2,860 |
| Amortization of intangible assets | 2,043 | 2,041 | 2,047 |
| Total operating expenses | 692,178 | 696,033 | 646,407 |
| Operating income (loss) | 16,949 | (65,202) | 108,313 |
| Interest income | 4,313 | 4,556 | 3,155 |
| Interest expense | (15,928) | (16,986) | (17,385) |
| Other income (expense), net | (1,061) | 133 | 23 |
| Income (loss) before income taxes | 4,273 | (77,499) | 94,106 |
| Provision for income taxes | 11,740 | 8,465 | 16,032 |
| Net income (loss) | $(7,467) | $(85,964) | $78,074 |
| Basic and diluted income (loss) per share: | |||
| Net income (loss) per share – basic | $(0.06) | $(0.66) | $0.60 |
| Net income (loss) per share – diluted | $(0.06) | $(0.66) | $0.58 |
| Shares used in per share calculation – basic | 132,331 | 129,288 | 129,473 |
| Shares used in per share calculation – diluted | 132,331 | 129,288 | 133,649 |
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