two Q2 2026 Earnings Recap

EXTR Q2 2026 January 28, 2026

Get alerts when EXTR reports next quarter

Extreme Networks continues its strong momentum with a seventh consecutive quarter of revenue growth, reporting $318 million in revenue for Q2 FY2026, a 14% year-over-year increase driven by robust demand for its AI-powered solutions.

Earnings Per Share Beat

$0.26 vs $0.24 est.

+8.3% surprise

Revenue Beat

317925000 vs 312319200 est.

+1.8% surprise

Market Reaction

1-Day +2.18%

5-Day -0.82%

30-Day -4.49%

See EXTR alongside your other holdings

Add to your portfolio — free

Key Takeaways

Revenue growth outpaced expectations, with significant competitive wins across multiple sectors and a strong demand for AI-enhanced products.
Cloud subscription ARR increased by 25% year-over-year, reflecting accelerated adoption of the Extreme Platform One.
The company achieved record subscription bookings and closed 34 deals exceeding $1 million, including strategic partnerships with major enterprises such as Baylor University and Kroger.
New partner program "Extreme Partner First" aims to enhance profitability and simplify operations for partners, driving a tripling of billings year-over-year within managed service providers (MSPs).
Continued innovation in network solutions and strategic customer selections positions Extreme Networks for long-term growth and an expanded market reach.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit EXTR on AllInvestView.

Next Q3 2026