Extreme Networks (EXTR) Operating Leases (2019 - 2026)
Extreme Networks (EXTR) reported Operating Leases of $26.2 million for Q1 2026, down 27.0% on a YoY basis from $35.8 million in Q1 2025, and down 9.84% quarter-over-quarter from $29.0 million in Q4 2025.
Extreme Networks (EXTR) Operating Leases (2019 - 2026) Analysis & Trends
Extreme Networks has reported Operating Leases for 8 years, with the latest figure at $26.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases fell 27.0% year-over-year to $26.2 million; the trailing twelve-month figure through Mar 2026 stood at $26.2 million (down 27.0% YoY), and the FY2025 full-year result was $34.0 million, down 18.03% from the prior year.
- Operating Leases for Q1 2026 stood at $26.2 million, down from $29.0 million in the prior quarter.
- The five-year high for Operating Leases was $43.9 million in Q4 2023, with the low at $23.9 million in Q1 2022.
- Historically, Operating Leases has averaged $34.5 million across 5 years, with a median of $33.4 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Leases tumbled 36.22% — and 2023, when it jumped 44.85%.
- Extreme Networks' Operating Leases stood at $30.3 million in 2022, then soared by 44.85% to $43.9 million in 2023, then retreated by 13.36% to $38.0 million in 2024, then declined by 23.61% to $29.0 million in 2025, then fell by 9.84% to $26.2 million in 2026.
- The last three Operating Leases figures came in at $26.2 million (Q1 2026), $29.0 million (Q4 2025), and $31.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn |
| 10 | Extreme Networks | 3.72 Bn | 3.53 Bn | 195.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.17 Mn |
| Dec 31, 2025 | 29.03 Mn |
| Sep 30, 2025 | 31.36 Mn |
| Jun 30, 2025 | 33.99 Mn |
| Mar 31, 2025 | 35.85 Mn |
| Dec 31, 2024 | 37.99 Mn |
| Sep 30, 2024 | 40.14 Mn |
| Jun 30, 2024 | 41.47 Mn |
| Mar 31, 2024 | 42.25 Mn |
| Dec 31, 2023 | 43.85 Mn |
| Sep 30, 2023 | 40.72 Mn |
| Jun 30, 2023 | 31.85 Mn |
| Mar 31, 2023 | 33.45 Mn |
| Dec 31, 2022 | 30.28 Mn |
| Sep 30, 2022 | 31.29 Mn |
| Jun 30, 2022 | 33.26 Mn |
| Mar 31, 2022 | 23.92 Mn |
| Dec 31, 2021 | 25.44 Mn |
| Sep 30, 2021 | 28.74 Mn |
| Jun 30, 2021 | 32.52 Mn |