Extreme Networks reported a solid QQ2 2026 (fiscal year 2026) with revenue of $317.9 million, up 14% year over year, marking the seventh consecutive quarter of growth. Management attributed the uplift to AI-powered platform advantages, large enterprise wins, and ongoing market share gains against larger incumbents. Cloud/SaaS momentum remained a key driver, with SaaS ARR reaching $227 million and a 25% year-over-year rise, as Platform One bookings exceeded target. The company also highlighted a strong exit from Q2 with a healthy balance sheet, robust cash flow generation, and a growing pipeline across geographies. Looking ahead, management raised full-year guidance and outlined Q3 expectations, while reiterating a long-term gross margin target of 64-66% and the potential cadence of large professional services deployments that may temporarily modulate margins in 2H FY2026.