Extreme Networks released its financial results for the fourth quarter and fiscal year ended June 30, 2025, on August 6, 2025. Q4 revenue grew 20% year-over-year to $307.0 million, marking the company's fifth consecutive quarter of sequential growth.
SaaS Annual Recurring Revenue (ARR) increased by 24% year-over-year. For the full fiscal year 2025, total net revenue reached $1.140 billion, an increase of 2.0% year-over-year. The company reported a GAAP net loss of $7.8 million, or $0.06 per diluted share, for Q4, and a full-year GAAP net loss of $7.5 million, or $0.06 per diluted share.
Non-GAAP net income for Q4 was $33.5 million, or $0.25 per diluted share, and for the full year was $112.4 million, or $0.84 per diluted share. Free cash flow was robust, totaling $75.3 million for Q4 and $127.3 million for the full fiscal year. For Q1 fiscal year 2026, the company is targeting revenue between $292 million and $300 million, and non-GAAP EPS between $0.20 and $0.23, with full-year FY26 revenue guidance of $1.228 billion to $1.238 billion.
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