In this study, extrusion experiments were carried out on Al-Mg-Si-Cu-Mn alloys with different extrusion ratios (ERs), extrusion temperatures (ETs), and extrusion speeds (ESs). By using electron backscatter diffraction (EBSD) analysis, tensile testing, and other analytical means, the evolution of microstructure, texture, and properties of the extruded alloys was systematically investigated, and the strengthening-toughening mechanism induced by the extrusion parameters was revealed. It was found that the strength of the extruded alloy shows a tendency to first increase and then decrease with the increase of the ER and ES, and the ‘critical ER' and ‘critical ES' are 29.5 and 2.5 mm/s, respectively; the strength of the extruded alloy gradually increases with the increase of the ET. The alloy achieved excellent strength-toughness matching at the ER of 29.5, ET of 480 °C, and ES of 2.5 mm/s. The yield strength (YS), ultimate tensile strength (UTS), and elongation (EL) of the extruded alloy at this condition were ∼169.58 MPa, ∼314.36 MPa, and ∼16.57 %, respectively. This excellent strength-toughness matching is mainly related to the following aspects: 1) grain refinement provides high grain boundary strengthening effect and appropriate work hardening ability; 2) <111>//ED texture has a strong preferential orientation; 3) the variation trend of dislocation density is importantly related to <111>//ED and EXa{011}<111> textures; 4) Cube{001}<100> and Goss{011}<100> textures have a softening effect. The above findings provide new insights into the potential mechanisms of hot extrusion forming of aluminum alloys, which are of important guiding for the design and development of aluminum alloys with excellent strength-toughness combinations.