Extreme Networks (EXTR) vs F5 (FFIV)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
F5 (FFIV) has outperformed Extreme Networks (EXTR) over the past year, gaining 41.1% versus a gain of 22.7%. Over five years, EXTR leads with a +141.9% price change compared with +128.4% for FFIV. F5 is the larger company by market cap ($26.14 billion vs $3.20 billion), about 8.2 times the size, while Extreme Networks is growing revenue faster (+12.6% vs +9.7%).
On valuation, Extreme Networks trades at a lower forward P/E (15.9x vs 25.5x for F5). F5 converts more of its revenue into profit, with a net margin of 22.4% versus 3.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EXTR | FFIV |
|---|---|---|
| Share price | $24.18 | $461.66 |
| Market cap | $3.20B | $26.14B |
| 1-day change | -1.71% | -1.07% |
| YTD return | +47.75% | +82.81% |
| 1-year return | +22.69% | +41.08% |
| 5-year return | +141.89% | +128.38% |
| P/E ratio (TTM) | 78.00 | 36.79 |
| Forward P/E | 15.90 | 25.54 |
| EPS (TTM) | $0.31 | $12.55 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.28B | $3.09B |
| Revenue growth (YoY) | +12.59% | +9.66% |
| Net income (latest FY) | $42.12M | $692.38M |
| Gross margin | 61.48% | 81.41% |
| Operating margin | 4.88% | 24.80% |
| Net margin | 3.28% | 22.42% |
| 52-week high | $33.73 | $472.25 |
| 52-week low | $13.48 | $223.76 |
| Distance from 52-week high | -28.31% | -2.24% |
| Analyst consensus | none | none |
| Avg. price target upside | +38.54% | -5.54% |
| Average volume | 1.64M | 584.23K |
| Shares outstanding | 132.17M | 56.63M |
| Employees | 2,894 | 6,512 |
| Sector | Telecommunications | Telecommunications |
| Industry | Computer Communications Equipment | Computer Communications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- F5 is about 8.2 times larger than Extreme Networks by market value ($26.14B vs $3.20B).
- FFIV has outperformed EXTR by 18.4 percentage points over the past year.
- Extreme Networks trades at a higher earnings multiple (78.0x vs 36.8x trailing P/E).
- F5 is more profitable, keeping 22.4 cents of every revenue dollar as net income versus 3.3 cents for Extreme Networks.
About Extreme Networks
EXTR stock →Extreme Networks, Inc., together with its subsidiaries, develops, markets, and sells network infrastructure equipment and related software in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It offers ExtremeCloud IQ, a machine learning/AI powered, wired and wireless cloud network management solution that offers visibility and control over users, devices, and applications; ExtremeCloud IQ-Site Engine which extends cloud management to non-cloud native and multi-vendor devices; ExtremeCloud IQ Essentials provides wireless intrusion prevention system, location services, and guest management services; and ExtremeCloud SD-WAN, a software-defined wide area networks solution offered as an all-inclusive subscription, which includes hardware, the cloud-based SD-WAN service, support and maintenance, and customer success support.
Telecommunications · Computer Communications Equipment · 2,894 employees
About F5
FFIV stock →F5, Inc. provides multicloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region.
Telecommunications · Computer Communications Equipment · 6,512 employees
EXTR vs FFIV FAQ
Which is bigger, Extreme Networks or F5?
F5 (FFIV) is larger, with a market capitalization of $26.14B compared with $3.20B for Extreme Networks (EXTR).
Which stock has performed better over the past year, EXTR or FFIV?
FFIV returned +41.08% over the past 12 months, compared with +22.69% for EXTR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EXTR or FFIV?
FFIV has the lower trailing P/E at 36.8, versus 78.0 for EXTR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Extreme Networks and F5 in the same industry?
Yes. Both are classified in the Computer Communications Equipment industry within the Telecommunications sector.