Question · Q2 2026
Ryan Koons sought clarification on the drivers behind cloud ARR growth, specifically identifying strengths in subscription sales and areas needing improvement. He also inquired about the factors contributing to strong EMEA sales, including any impact from forthcoming EU regulatory requirements on data sovereignty.
Answer
President and CEO Ed Meyercord and EVP and CFO Kevin Rhodes attributed cloud ARR strength to Platform One's success, which significantly exceeded internal booking targets, and its simple licensing model. They noted the Agentic AI's efficiency benefits for customers. For EMEA, Meyercord highlighted Extreme's unique ability to deliver data sovereign solutions, positioning it for future tailwinds from returning government spending. Rhodes added that a new EMEA sales leader is optimistic about regional opportunities.
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