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
DateValue
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