Filing Flows › Extreme Networks (EXTR) › Q4 FY25
Extreme Networks (EXTR) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Aug 18, 2025
Extreme Networks (EXTR) reported revenue of $307M for the fourth quarter fiscal 2025 (Q4 FY25), +20% from a year earlier and +8% from the quarter before. Operating margin was -0.4%, net loss $7.8M (2.5% of revenue).
Extreme Networks, Q4 FY25: revenue $307M (+20% year over year), operating margin -0.4%, net loss $7.8M, operating cash flow $81.9M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $307M | +8% | +20% |
| Operating profit | −$1.4M | -113% | — |
| Net earnings | −$7.8M | -326% | — |
| Operating cash flow | $81.9M | +173% | +429% |
| Free cash flow | $75.3M | +210% | +584% |
What changed
Revenue was $307.0M in Q4 FY25, up 20% year over year and up 8% from the previous quarter. Product was the largest line at 62% of revenue.
Gross margin was 61.6%, up 16.9 points from a year earlier. Operating costs exceeded revenue by $1.4M, an operating margin of -0.4%. Operating expenses grew 16% against revenue growth of 20%. The fastest-growing cost line was General & admin (+86%). The quarter ended with a net loss of $7.8M, after a profit of $3.5M the previous quarter.
Operating cash flow was $81.9M (up 429% year over year). Non-cash charges added back $4.0M of depreciation and amortization and $20.7M of share-based compensation. Working capital and other items added $65.0M. Capital expenditures of $6.6M left free cash flow of $75.3M.
Questions
What was Extreme Networks' revenue in the fourth quarter fiscal 2025?
Extreme Networks (EXTR) reported revenue of $307M for the fourth quarter fiscal 2025 (Q4 FY25), +20% from a year earlier and +8% from the quarter before.
Was Extreme Networks profitable in the fourth quarter fiscal 2025?
Operating loss was $1.4M (-0.4% of revenue) and net loss $7.8M.
Source: Extreme Networks 10-K on SEC EDGAR.