EXTREME NETWORKS INC
For the period ended Jun 30, 2026. Filed Aug 17, 2026.
View on SEC.govAbout 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.
FY2026 · Filed Aug 17, 2026
EXTR$25.48-0.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEM ENTS OF CASH FLOWS
| Year Ended | |||
|---|---|---|---|
| June 30, 2026 | June 30, 2025 | June 30, 2024 | |
| Cash flows from operating activities: | |||
| Net income (loss) | $42,119 | $(7,467) | $(85,964) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Depreciation | 15,809 | 14,704 | 24,134 |
| Amortization of intangible assets | 3,390 | 4,514 | 5,313 |
| Amortization of cloud computing implementation costs | 5,212 | — | — |
| Reduction in carrying amount of right-of-use asset | 10,325 | 9,887 | 11,455 |
| Provision for credit losses | 565 | 157 | 210 |
| Share-based compensation | 88,261 | 82,314 | 76,763 |
| Deferred income taxes | (2,074) | (820) | 80 |
| Provision for excess and obsolete inventory | 4,160 | 2,618 | 71,068 |
| Non-cash interest expense | 1,206 | 1,214 | 1,060 |
| Other | 2,659 | 3,532 | (2,496) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable, net | (38,450) | (37,347) | 92,316 |
| Inventories | 24,313 | 27,181 | (116,434) |
| Prepaid expenses and other assets | (53,648) | (23,118) | (21,212) |
| Accounts payable | 24,607 | 12,709 | (48,012) |
| Accrued compensation and benefits | 3,962 | 18,685 | (29,136) |
| Operating lease liabilities | (11,929) | (11,056) | (11,528) |
| Deferred revenue | 40,094 | 37,722 | 76,240 |
| Other current and long-term liabilities | (37,399) | 16,602 | 11,629 |
| Net cash provided by operating activities | 123,182 | 152,031 | 55,486 |
| Cash flows from investing activities: | |||
| Capital expenditures for property, equipment and capitalized software development costs | (27,941) | (24,713) | (18,121) |
| Net cash used in investing activities | (27,941) | (24,713) | (18,121) |
| Cash flows from financing activities: | |||
| Borrowings under revolving facility | 55,000 | — | 30,000 |
| Payments on revolving facility | (55,000) | — | (55,000) |
| Payments on debt obligations | (15,000) | (10,000) | (10,000) |
| Payments on debt financing costs | — | (695) | — |
| Repurchase of common stock including accelerated share repurchases | (87,000) | (37,993) | (49,855) |
| Payments for tax withholdings, net of proceeds from issuance of common stock | (12,500) | (3,898) | (30,123) |
| Net cash used in financing activities | (114,500) | (52,586) | (114,978) |
| Foreign currency effect on cash and cash equivalents | (728) | 314 | (514) |
| Net increase (decrease) in cash and cash equivalents | (19,987) | 75,046 | (78,127) |
| Cash and cash equivalents at beginning of period | 231,745 | 156,699 | 234,826 |
| Cash and cash equivalents at end of period | $211,758 | $231,745 | $156,699 |
| Supplemental disclosure of cash flow information: | |||
| Cash paid for interest | $12,405 | $14,747 | $14,691 |
| Cash paid for taxes, net | $12,530 | $4,067 | $15,613 |
| Non-cash investing activities: | |||
| Unpaid capital expenditures | $708 | $1,326 | $4,084 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.