8X8 INC /DE/ EGHT
8x8, Inc. ("8x8") is a global provider of integrated customer experience and business communications solutions, purpose-built to unify customer and employee engagement across the enterprise. Our Platform for CX™ combines contact center, business communications, and application programmable interfaces, or APIs, for communications into a single, secure, AI-powered system that delivers seamless, data-driven interactions. Designed for agility and scale, our platform helps businesses eliminate silos, improve operational efficiency, and turn every conversation into actionable intelligence. By aligning technology with measurable outcomes, we empower organizations to transform how they connect, serve, and grow from first interactions to lasting relationships.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $735.8M | $715.1M | $728.7M | $743.9M | $638.1M | $532.3M | $446.2M | $352.6M | $296.5M | $253.4M |
| Cost of revenue | $260.7M | $229.8M | $224.9M | $241.5M | $247.6M | — | — | — | $50.7M | $42.4M |
| Gross profit | $475.0M | $485.3M | $503.8M | $502.5M | $390.6M | — | — | — | $245.8M | $211.0M |
| R&D | $113.0M | $123.2M | $136.2M | $142.5M | $112.4M | $92.0M | $77.8M | $62.1M | $36.4M | $29.0M |
| SG&A | $90.7M | $82.4M | $112.2M | $108.0M | $118.1M | $100.1M | $87.0M | $72.2M | $51.9M | $41.9M |
| Total operating expenses | $456.1M | $470.1M | $531.4M | $568.8M | $544.7M | $678.5M | $606.1M | $442.2M | $338.4M | $260.1M |
| Operating income | $18.9M | $15.2M | -$27.6M | -$66.3M | -$154.1M | -$146.1M | -$159.8M | -$89.6M | -$41.9M | -$6.7M |
| Interest expense | $17.8M | $28.9M | $39.8M | $27.3M | — | — | — | — | — | — |
| Pre-tax income | $3.5M | -$24.1M | -$64.0M | -$70.3M | -$175.8M | -$164.7M | -$171.5M | -$88.2M | -$38.2M | -$4.9M |
| Income tax | $1.9M | $3.1M | $3.6M | $2.8M | $387.0K | $843.0K | $832.0K | $569.0K | $66.3M | $126.0K |
| Net income | $1.6M | -$27.2M | -$67.6M | -$73.1M | -$175.4M | -$165.6M | -$172.4M | -$88.7M | -$104.5M | -$4.8M |
| EPS, basic | 0.01 | -0.21 | -0.56 | -0.63 | -1.55 | -1.57 | -1.72 | — | -1.14 | -0.05 |
| EPS, diluted | 0.01 | -0.21 | -0.56 | -0.63 | -1.55 | -1.57 | -1.72 | -0.94 | -1.14 | -0.05 |
| Shares, diluted (wtd. avg.) | $142.6M | $129.8M | $121.1M | $116.0M | $113.4M | $105.7M | $100.0M | — | $92.0M | $90.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $93.3M | $88.0M | $116.3M | $112.7M | $100.7M | $121.2M | $156.4M | $284.7M | $39.8M | $41.0M |
| Short-term investments | — | $0 | $1.0M | $26.2M | $44.8M | $40.3M | $33.5M | $69.9M | $120.6M | $134.0M |
| Receivables | $57.0M | $49.7M | $59.0M | $62.3M | $57.4M | $51.1M | $37.8M | $20.2M | $16.3M | $14.3M |
| Inventory | — | — | — | — | — | — | — | — | — | $908.0K |
| Total current assets | $209.8M | $203.9M | $247.8M | $273.1M | $275.6M | $276.5M | $277.2M | $397.4M | $178.6M | $197.4M |
| Property, plant and equipment | $45.8M | $47.9M | $53.2M | $57.9M | $79.0M | $93.1M | $94.4M | $52.8M | $35.7M | $24.1M |
| Goodwill | $276.4M | $271.5M | $266.6M | $266.9M | $266.9M | $131.5M | $128.3M | $39.7M | $40.1M | $46.1M |
| Other intangibles | $57.6M | $67.9M | $86.7M | $107.1M | $128.2M | $17.1M | $24.0M | $11.7M | $12.0M | $17.0M |
| Total assets | $662.8M | $683.2M | $756.0M | $841.8M | $910.3M | $678.4M | $700.6M | $546.4M | $277.2M | $333.9M |
| Accounts payable | $36.7M | $45.8M | $48.9M | $46.8M | $49.7M | $31.2M | $40.3M | $32.3M | $23.9M | $18.6M |
| Short-term debt | $39.2M | $11.6M | $0 | — | — | — | — | — | — | — |
| Total current liabilities | $192.9M | $169.2M | $172.6M | $229.9M | $191.5M | $121.4M | $123.4M | $74.7M | $56.3M | $43.3M |
| Long-term debt | $282.3M | $338.4M | $409.7M | — | $447.5M | $308.4M | $291.5M | $216.0M | $0 | — |
| Total liabilities | $516.2M | $561.0M | $654.0M | $741.9M | $727.9M | $517.9M | $509.9M | $297.0M | $58.4M | $45.3M |
| Retained earnings | -$886.1M | -$887.7M | -$860.5M | -$792.9M | -$766.4M | -$591.1M | -$422.7M | -$250.3M | -$201.5M | -$114.6M |
| Total equity | $146.6M | $122.2M | $102.0M | $99.9M | $182.4M | $160.5M | $190.7M | $249.4M | $218.8M | $288.6M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $55.8M | $63.6M | $79.0M | $48.8M | $34.7M | -$14.1M | -$93.9M | -$14.9M | $22.0M | $28.5M |
| Depreciation and amortisation | $18.1M | $20.1M | $26.8M | $36.8M | $42.1M | $39.0M | $28.4M | $18.5M | $10.7M | $6.1M |
| Stock-based compensation | $20.4M | $39.9M | $61.9M | $89.5M | $133.3M | $107.6M | $70.9M | $44.5M | $29.2M | $21.5M |
| Capital expenditure | $3.7M | $2.4M | $2.6M | $3.0M | $4.1M | $6.4M | $35.8M | $9.1M | $9.2M | $8.9M |
| Investing cash flow | -$20.7M | -$16.4M | $8.5M | $6.0M | -$160.0M | -$36.3M | -$106.3M | $10.9M | -$7.3M | -$22.2M |
| Financing cash flow | -$30.4M | -$75.1M | -$83.4M | -$37.8M | $105.4M | $13.2M | $72.1M | $249.2M | -$16.4M | $1.6M |
| Buybacks | $1.8M | $0 | $0 | $60.2M | $45.0M | $0 | $0 | $7.8M | $22.4M | $3.0M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001023731-26-000089.
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