Extreme Networks Inc (EXTR)
Operating profit margin
| Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | -65,202 | 108,313 | 64,188 | 34,376 | -98,899 |
| Revenue | US$ in thousands | 1,117,690 | 1,295,900 | 1,103,890 | 986,853 | 925,480 |
| Operating profit margin | -5.83% | 8.36% | 5.81% | 3.48% | -10.69% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $-65,202K ÷ $1,117,690K
= -5.83%
Extreme Networks Inc's operating profit margin has fluctuated over the past five years. In Jun 2020, the company reported a negative operating profit margin of -10.69%, indicating that its operating expenses exceeded its operating income, resulting in a loss.
However, in the following years, there was an improvement in the operating profit margin. By Jun 2023, the operating profit margin had increased to 8.36%, reflecting a more efficient management of operating expenses relative to the generated revenue.
In the most recent financial year ending in Jun 2024, the operating profit margin dropped to -5.83%, indicating a decline in operating efficiency and potentially higher operating expenses compared to previous years.
Overall, Extreme Networks Inc needs to focus on controlling operating expenses and increasing operating income to improve its operating profit margin and enhance overall profitability.
Peer comparison
Jun 30, 2024