Extreme Networks, Inc. (EXTR) Balance Sheet
EXTR balance sheet, FY2026
June 30, 2026 · U.S. dollars$1.18B assets = $1.09B liabilities + $88.6M equity
Both columns are drawn to the same scale: what EXTR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
EXTR financial health
Current ratio0.93
Tight · current assets cover current liabilities 0.93×
Debt / equity2.20
High leverage · $2.20 of debt for each $1 of equity
Equity / assets7.5%
Thin equity · of assets funded by shareholders
Cash / debt108.8%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles34.0%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
EXTR balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $483.3MFY2017 | $1.18BFY2026 | +10.4%/yr | |
| Total liabilities | $376.6MFY2017 | $1.09BFY2026 | +12.5%/yr | |
| Shareholders’ equity | $106.7MFY2017 | $88.6MFY2026 | −2.0%/yr | |
| Cash & short-term investments | $130.4MFY2017 | $211.8MFY2026 | +5.5%/yr | |
| Total debt | $92.7MFY2017 | $194.6MFY2026 | +8.6%/yr | |
| Net cash (debt) | $37.7MFY2017 | $17.2MFY2026 | −$20.6M | |
| Working capital | $69.1MFY2017 | −$42.9MFY2026 | −$112.0M | |
| Book value per share | $0.99FY2017 | $0.69FY2026 | −3.9%/yr | |
| Current ratio | 1.27FY2017 | 0.93FY2026 | −0.34 | |
| Debt / equity | 0.87FY2017 | 2.20FY2026 | +1.33 | |
| Shares outstanding | 108.3MFY2017 | 128.9MFY2026 | +2.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EXTR assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
EXTR liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
EXTR debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
EXTR balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $211.8M | $231.7M | $156.7M | $234.8M | $194.5M | $246.9M | $193.9M | $169.6M | $121.1M | $130.4M |
| Cash & equivalents | $211.8M | $231.7M | $156.7M | $234.8M | $194.5M | $246.9M | $193.9M | $169.6M | $121.1M | $130.4M |
| Short-term investments | — | — | — | — | $1.3M | — | — | — | $1.5M | $0 |
| Receivables | $164.6M | $126.7M | $89.5M | $182.0M | $184.1M | $156.5M | $122.7M | $174.4M | $212.4M | $93.1M |
| Inventory | $70.0M | $102.6M | $141.0M | $89.0M | $49.2M | $32.9M | $62.6M | $63.6M | $63.9M | $45.9M |
| Other current assets | $103.5M | $74.3M | $79.7M | $70.3M | $61.2M | $51.3M | $35.0M | $34.4M | $30.5M | $55.5M |
| Total current assets | $549.8M | $535.3M | $466.9M | $576.2M | $489.1M | $487.6M | $414.2M | $442.0M | $427.9M | $325.0M |
| Property, plant & equipment (net) | $83.8M | $83.0M | $87.9M | $81.2M | $86.0M | $91.9M | $110.1M | $73.6M | $78.5M | $30.2M |
| Goodwill & intangible assets | $400.8M | $406.1M | $404.3M | $410.8M | $432.7M | $367.2M | $399.6M | $189.7M | $216.2M | $105.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $143.4M | $128.8M | $83.5M | $73.5M | $60.7M | $63.4M | $55.2M | $51.6M | $47.6M | $22.6M |
| Total assets | $1.18B | $1.15B | $1.04B | $1.14B | $1.07B | $1.01B | $979.1M | $756.9M | $770.2M | $483.3M |
| Liabilities | ||||||||||
| Accounts payable | $89.4M | $63.9M | $51.4M | $99.7M | $84.3M | $60.1M | $48.4M | $65.7M | $75.7M | $31.6M |
| Short-term debt | $30.7M | $25.7M | $30.4M | $56.0M | $61.3M | $61.2M | $54.9M | $9.0M | $9.0M | $12.3M |
| Deferred revenue | $329.7M | $325.1M | $306.1M | $282.5M | $238.3M | $212.4M | $190.2M | $144.2M | $130.9M | $122.6M |
| Total current liabilities | $592.7M | $587.9M | $517.6M | $575.5M | $500.2M | $455.7M | $397.8M | $356.0M | $359.9M | $255.8M |
| Long-term debt | $144.4M | $163.7M | $178.3M | $187.6M | $270.6M | $315.9M | $394.6M | $169.7M | $188.7M | $80.4M |
| Lease obligations | $30.8M | $45.4M | $52.0M | $42.7M | $47.2M | $51.3M | $69.4M | — | — | — |
| Other long-term liabilities | $352.2M | $336.0M | $321.5M | $261.9M | $207.4M | $184.1M | $181.3M | $115.1M | $108.9M | $40.4M |
| Total liabilities | $1.09B | $1.09B | $1.02B | $1.02B | $978.2M | $955.6M | $973.7M | $640.9M | $657.5M | $376.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $157,000 | $153,000 | $149,000 | $144,000 | $140,000 | $133,000 | $127,000 | $122,000 | $116,000 | $111,000 |
| Retained earnings (deficit) | −$907.3M | −$949.4M | −$942.0M | −$856.0M | −$934.1M | −$978.3M | −$980.3M | −$853.4M | −$828.1M | −$800.3M |
| Treasury stock | — | — | — | −$187.9M | −$88.1M | −$43.1M | — | −$15.0M | $0 | $0 |
| Accumulated other comprehensive income | −$16.0M | −$8.1M | −$15.5M | −$13.2M | −$3.1M | −$2.8M | −$6.4M | −$2.5M | −$1.7M | −$2.3M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $88.6M | $65.6M | $25.3M | $116.8M | $90.3M | $54.5M | $5.4M | $116.0M | $112.7M | $106.7M |
| Key figures | ||||||||||
| Total debt | $194.6M | $223.4M | $250.2M | $275.5M | $365.1M | $409.6M | $499.7M | $178.8M | $197.8M | $92.7M |
| Net cash (debt) | $17.2M | $8.3M | −$93.5M | −$40.6M | −$170.6M | −$162.7M | −$305.9M | −$9.1M | −$76.6M | $37.7M |
| Working capital | −$42.9M | −$52.6M | −$50.7M | $657,000 | −$11.1M | $31.9M | $16.4M | $86.0M | $68.0M | $69.1M |
| Tangible book value | −$312.2M | −$340.5M | −$379.0M | −$294.1M | −$342.3M | −$312.7M | −$394.2M | −$73.7M | −$103.4M | $1.2M |
| Book value per share | $0.69 | $0.50 | $0.20 | $0.87 | $0.68 | $0.43 | $0.05 | $0.98 | $0.99 | $0.99 |
| Shares outstanding | 128.9M | 132.3M | 129.3M | 133.6M | 133.5M | 127.7M | 119.8M | 118.0M | 114.2M | 108.3M |
| Current ratio | 0.93 | 0.91 | 0.90 | 1.00 | 0.98 | 1.07 | 1.04 | 1.24 | 1.19 | 1.27 |
| Quick ratio | 0.64 | 0.61 | 0.48 | 0.72 | 0.76 | 0.89 | 0.80 | 0.97 | 0.93 | 0.87 |
| Debt / equity | 2.20 | 3.41 | 9.89 | 2.36 | 4.04 | 7.52 | 92.58 | 1.54 | 1.75 | 0.87 |
| Equity / assets | 7.5% | 5.7% | 2.4% | 10.2% | 8.5% | 5.4% | 0.6% | 15.3% | 14.6% | 22.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $211.8M | $210.1M | $219.8M | $209.0M | $231.7M | $185.5M | $170.3M | $159.5M | $156.7M | $151.0M | $221.4M | $224.4M |
| Cash & equivalents | $211.8M | $210.1M | $219.8M | $209.0M | $231.7M | $185.5M | $170.3M | $159.5M | $156.7M | $151.0M | $221.4M | $224.4M |
| Receivables | $164.6M | $162.7M | $152.4M | $145.8M | $126.7M | $99.5M | $117.6M | $97.2M | $89.5M | $94.4M | $112.0M | $131.5M |
| Inventory | $70.0M | $76.6M | $83.6M | $93.7M | $102.6M | $115.7M | $132.3M | $143.6M | $141.0M | $185.4M | $152.5M | $100.8M |
| Other current assets | $103.5M | $92.3M | $79.9M | $77.3M | $74.3M | $75.8M | $75.1M | $76.5M | $79.7M | $75.2M | $72.3M | $75.7M |
| Total current assets | $549.8M | $541.8M | $535.7M | $525.9M | $535.3M | $476.6M | $495.3M | $476.8M | $466.9M | $506.0M | $558.2M | $532.5M |
| Property, plant & equipment (net) | $83.8M | $86.1M | $85.2M | $84.6M | $83.0M | $79.3M | $78.3M | $78.0M | $87.9M | $91.5M | $94.7M | $90.3M |
| Goodwill & intangible assets | $400.8M | $402.1M | $404.5M | $405.1M | $406.1M | $401.7M | $400.2M | $406.1M | $404.3M | $406.0M | $408.7M | $406.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $143.4M | $140.2M | $143.3M | $137.4M | $128.8M | $115.5M | $107.1M | $95.7M | $83.5M | $82.0M | $81.0M | $77.0M |
| Total assets | $1.18B | $1.17B | $1.17B | $1.15B | $1.15B | $1.07B | $1.08B | $1.06B | $1.04B | $1.09B | $1.14B | $1.11B |
| Liabilities | ||||||||||||
| Accounts payable | $89.4M | $81.2M | $64.8M | $77.8M | $63.9M | $47.1M | $52.4M | $65.8M | $51.4M | $81.5M | $87.8M | $80.0M |
| Short-term debt | $30.7M | $60.3M | $29.0M | $52.1M | $25.7M | $24.2M | $22.7M | $21.5M | $30.4M | $29.3M | $30.7M | $30.9M |
| Deferred revenue | $329.7M | $334.6M | $328.2M | $325.1M | $325.1M | $311.8M | $312.1M | $304.8M | $306.1M | $299.6M | $300.4M | $292.9M |
| Total current liabilities | $592.7M | $593.3M | $565.1M | $577.5M | $587.9M | $512.0M | $534.2M | $526.4M | $517.6M | $528.3M | $549.0M | $528.7M |
| Long-term debt | $144.4M | $149.2M | $154.1M | $158.9M | $163.7M | $167.3M | $170.9M | $174.4M | $178.3M | $180.6M | $182.9M | $185.3M |
| Lease obligations | $30.8M | $38.4M | $41.3M | $43.0M | $45.4M | $47.0M | $49.0M | $51.2M | $52.0M | $52.2M | $54.5M | $51.5M |
| Other long-term liabilities | $352.2M | $348.6M | $353.5M | $348.0M | $336.0M | $322.1M | $324.6M | $323.0M | $321.5M | $311.6M | $302.6M | $284.1M |
| Total liabilities | $1.09B | $1.09B | $1.07B | $1.08B | $1.09B | $1.00B | $1.03B | $1.02B | $1.02B | $1.02B | $1.03B | $998.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $157,000 | $157,000 | $155,000 | $155,000 | $153,000 | $152,000 | $151,000 | $150,000 | $149,000 | $148,000 | $147,000 | $146,000 |
| Retained earnings (deficit) | −$907.3M | −$925.4M | −$935.9M | −$943.8M | −$949.4M | −$941.6M | −$945.1M | −$952.5M | −$942.0M | −$887.8M | −$823.3M | −$827.3M |
| Accumulated other comprehensive income | −$16.0M | −$15.7M | −$9.5M | −$9.6M | −$8.1M | −$16.1M | −$19.4M | −$11.4M | −$15.5M | −$14.5M | −$12.1M | −$16.1M |
| Total shareholders' equity | $88.6M | $79.0M | $95.9M | $68.6M | $65.6M | $71.7M | $51.2M | $32.7M | $25.3M | $65.0M | $108.2M | $108.5M |
| Key figures | ||||||||||||
| Total debt | $194.6M | $235.7M | $212.1M | $242.4M | $223.4M | $227.3M | $231.6M | $236.1M | $250.2M | $252.1M | $257.5M | $256.9M |
| Net cash (debt) | $17.2M | −$25.6M | $7.7M | −$33.4M | $8.3M | −$41.8M | −$61.3M | −$76.6M | −$93.5M | −$101.1M | −$36.1M | −$32.4M |
| Working capital | −$42.9M | −$51.5M | −$29.4M | −$51.6M | −$52.6M | −$35.4M | −$38.9M | −$49.6M | −$50.7M | −$22.3M | $9.3M | $3.7M |
| Tangible book value | −$312.2M | −$323.1M | −$308.6M | −$336.5M | −$340.5M | −$330.0M | −$349.0M | −$373.4M | −$379.0M | −$341.0M | −$300.5M | −$298.3M |
| Book value per share | $0.69 | $0.59 | $0.71 | $0.51 | $0.49 | $0.53 | $0.38 | $0.25 | $0.19 | $0.50 | $0.82 | $0.81 |
| Shares outstanding | 128.9M | 133.6M | 135.4M | 135.1M | 132.8M | 134.6M | 134.1M | 131.2M | 130.1M | 129.3M | 131.5M | 133.5M |
| Current ratio | 0.93 | 0.91 | 0.95 | 0.91 | 0.91 | 0.93 | 0.93 | 0.91 | 0.90 | 0.96 | 1.02 | 1.01 |
| Quick ratio | 0.64 | 0.63 | 0.66 | 0.61 | 0.61 | 0.56 | 0.54 | 0.49 | 0.48 | 0.46 | 0.61 | 0.67 |
| Debt / equity | 2.20 | 2.99 | 2.21 | 3.54 | 3.41 | 3.17 | 4.52 | 7.22 | 9.89 | 3.88 | 2.38 | 2.37 |
| Equity / assets | 7.5% | 6.7% | 8.2% | 5.9% | 5.7% | 6.7% | 4.7% | 3.1% | 2.4% | 6.0% | 9.5% | 9.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed August 17, 2026); data from EODHD.
EXTR financial position
At the end of fiscal 2026 (June 30, 2026), Extreme Networks had total assets of $1.2 billion (up 2.1% from a year earlier), total liabilities of $1.1 billion and shareholders' equity of $88.6 million. It held $211.8 million in cash and short-term investments against $194.6 million of debt, a net cash position of $17.2 million. Its current ratio was 0.93.
Related: EXTR income statement, EXTR cash flow statement, EXTR key metrics. See the EXTR stock overview for the latest quote and news.
EXTR balance sheet FAQ
What are Extreme Networks's total assets?
Extreme Networks reported total assets of $1.2 billion at the end of fiscal 2026 (June 30, 2026), compared with $1.2 billion a year earlier.
How much debt does Extreme Networks have?
Extreme Networks had $194.6 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 2.20.
How much cash does Extreme Networks have?
Extreme Networks held $211.8 million in cash and short-term investments at the end of fiscal 2026; with $194.6 million of debt that is net cash of $17.2 million.
What is Extreme Networks's book value?
Extreme Networks's shareholders' equity (book value) was $88.6 million at the end of fiscal 2026, or $0.69 per share.
What is Extreme Networks's current ratio?
Extreme Networks had current assets of $549.8 million and current liabilities of $592.7 million, a current ratio of 0.93 (current liabilities exceed current assets).
How much goodwill does Extreme Networks have?
Extreme Networks carried $400.8 million of goodwill and intangible assets, 34.0% of total assets, at the end of fiscal 2026.