Extreme Networks Q1 FY2026 Earnings Exceed Estimates with $310.2M Revenue and $0.22 Non-GAAP EPS

Extreme Networks Inc (EXTR) reported Q1 FY2026 revenue of $310.2 million, up 15.2% YoY and surpassing estimates. Non-GAAP EPS was $0.22, exceeding quarterly estimates. The company's AI-powered cloud networking solutions drove growth, with SaaS ARR increasing 24% YoY. However, challenges such as sustaining growth and managing expenses remain.