Extreme Networks (EXTR) Q4 2026 Earnings Call Transcript

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DATE

Wednesday, Aug. 5, 2026 astatine 8:00 a.m. ET

CALL PARTICIPANTS

• Senior Vice President, Finance and Corporate Development - Stan Kovler

• President and Chief Executive Officer - Edward Meyercord

• Executive Vice President and Chief Financial Officer - Kevin Rhodes

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Full Conference Call Transcript

Operator: Hello, everyone. Thank you for joining us, and invited to Extreme Networks' Fourth Quarter Fiscal Year 2026 Financial Results Conference Call. [Operator Instructions] I volition present manus the league implicit to Stan Kovler, Senior Vice President, Finance and Corporate Development. Please spell ahead.

Stan Kovler: Thank you, Jay. Good morning, and invited to Extreme Networks' 4th fourth and fiscal twelvemonth 2026 net league call. I'm Stan Kovler, Senior Vice President of Finance and Corporate Development. With maine contiguous are Extreme Networks' President and CEO, Ed Meyercord; and Executive Vice President and CFO, Kevin Rhodes. We conscionable distributed a property merchandise and filed an 8-K detailing Extreme Networks' fiscal results for the 4th fourth and afloat fiscal twelvemonth 2026. A transcript of the property release, which includes our GAAP to non-GAAP reconciliations successful our net presumption is disposable successful the IR conception astatine extremenetworks.com.

Today's telephone and Q&A whitethorn see definite forward-looking statements based connected existent expectations astir Extreme's aboriginal fiscal and operational results, maturation expectations, caller merchandise introductions, proviso concatenation dynamics and absorption strategies. All fiscal disclosures made connected this telephone volition beryllium connected a non-GAAP basis, unless stated otherwise. We caution you not to enactment undue reliance connected these forward-looking statements arsenic they impact risks and uncertainties that could origin existent results to disagree materially from those anticipated by these statements. These risks are described successful our hazard factors successful our 10-K and 10-Q filings. Any forward-looking statements made connected this telephone bespeak our investigation arsenic of today, and we person nary plans to update them, but arsenic required by law.

Following our prepared remarks, we volition instrumentality questions. And present I volition crook the telephone implicit to Extreme's President and CEO, Ed Meyercord.

Edward Meyercord: Thank you, Stan, and convey you each for joining america this morning. In fiscal '26, we delivered 13% year-over-year gross maturation and 26% EPS growth, highlighting competitory spot and the operating leverage successful our model. During the year, we took stock and accelerated our determination upmarket by winning much blase networking projects with larger customers. And Q4 was our sixth consecutive 4th of double-digit growth. Our show was driven by the convergence of 3 factors: First, our highly differentiated portfolio, including Platform ONE, endeavor Fabric, Wi-Fi 7 and the industry's archetypal Multi-Beam Wireless solution. Our innovation is driving competitory wins and opening doors to caller customers.