Extreme Networks Achieves Fourth Consecutive Quarter of Sequential Revenue Growth in Q3 Fiscal Year 2025

EXTR
September 19, 2025
Extreme Networks released its financial results for the third quarter ended March 31, 2025, on April 30, 2025, reporting total net revenues of $284.5 million. This marks the company's fourth consecutive quarter of sequential revenue growth, driven by strong execution and market recovery. Product revenues surged by 67.3% year-over-year to $178.1 million, while subscription and support revenues increased by 1.8% year-over-year to $106.4 million. The company reported GAAP net income of $3.5 million, or $0.03 per diluted share, a significant improvement from a net loss in the prior year period. Non-GAAP net income was $28.0 million, or $0.21 per diluted share. SaaS Annual Recurring Revenue (ARR) reached $184 million, up 13.4% year-over-year. Extreme Networks also raised and narrowed its full fiscal year 2025 revenue guidance to a range of $1.128 billion to $1.138 billion, and provided Q4 FY25 guidance targeting revenue between $295 million and $305 million, with non-GAAP EPS between $0.21 and $0.25. The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.