Extreme Networks (EXTR) Operating Leases (2019 - 2026)
Extreme Networks (EXTR) posted Operating Leases of $26.2 million for Q1 2026, down 9.84% on a QoQ basis from $29.0 million in Q4 2025, and down 27.0% year-over-year from $35.8 million in Q1 2025.
Extreme Networks (EXTR) Operating Leases (2019 - 2026) Analysis & Trends
Extreme Networks' Operating Leases history runs 8 years deep, the most recent figure standing at $26.2 million for Q1 2026.
- Quarterly Operating Leases fell 27.0% year-over-year to $26.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $26.2 million (down 27.0% YoY) and the FY2025 annual result came in at $34.0 million, down 18.03% from the prior year.
- Operating Leases was $26.2 million for Q1 2026 at Extreme Networks, down from $29.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $43.9 million in Q4 2023 and bottomed at $23.9 million in Q1 2022.
- A 5-year average of $34.5 million and a median of $33.4 million in 2023 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases slumped 36.22% — and 2023, when it jumped 44.85%.
- Extreme Networks' Operating Leases stood at $30.3 million in 2022, then surged by 44.85% to $43.9 million in 2023, then slipped by 13.36% to $38.0 million in 2024, then retreated by 23.61% to $29.0 million in 2025, then decreased by 9.84% to $26.2 million in 2026.
- Business Quant data shows EXTR's Operating Leases at $26.2 million in Q1 2026, $29.0 million in Q4 2025, and $31.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn |
| 10 | Extreme Networks | 3.97 Bn | 3.96 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 |