Extreme Networks reports seventh back-to-back quarter of growth

Top line increase was driven by projects across the US and EMEA

US-based vendor Extreme Networks has shared positive results for Q2 FY26, fuelled by contracts across the UK and the rest of the world.

Revenue soared 14 per cent to $317.9m (£223m), compared with $279.4m at the same time the year prior.

Adjusted EBITDA grew around 14 per cent, from $45.7m to $52.4m.

This increase was driven by project deliveries globally.

In the UK, Barnsley College and University Hospital Birmingham NHS Foundation Trust have picked the vendor’s Wi-Fi 7 in an effort to provide enhanced connectivity and bolster operations.

Introduced in 2024, Wi-Fi 7 is the technology’s latest standard and aims to deliver higher data transfer speeds, lower latency and improved network efficiency.

In Europe, Belgian healthcare system Groupe Jolimont chose to deploy Extreme Platform ONE to use AI-driven insights and automation to manage its switching and Wi-Fi environment.

The company also helped Turkey-based hospitality brand Sunis Hotels with modernising its network to enhance guest experience and support core systems, IoT, and security.

Extreme also worked with various organisations across the US and South Korea.

“Extreme is taking share from the largest players in enterprise networking, which is reflected in seven consecutive quarters of sequential revenue growth,” said Ed Meyercord, president and CEO of Extreme.

“With the ever-changing supply chain conditions, we remain confident in our ability to deliver networking solutions that our customers demand.”

Kevin Rhodes, EVP and CFO added: “Our results highlight the leverage in our business model.

“We’re executing well on our strategy, while navigating the current supply chain environment. We are raising our revenue outlook for FY26 and continue to focus on increasing profitability.”

This marks the seventh consecutive quarter of growth for the vendor.

In Q1 FY26, earnings climbed 15.2 per cent to $310.2m.

For FY25, top line increased two per cent to $1.1bn.

Moving forward, the firm predicts turnover to stand between $309.1m and $314.1 in Q3.

For the financial year ending 30 June 2026, it expects revenue to reach between £1.26bn and $1.27bn.

To drive momentum, the business will also rely on Extreme Partner First, its new partner programme designed to improve sustainability through the use of AI.