
8x (EGHT) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
177.0M
Gross Profit
120.1M
67.81%
Operating Income
419.0K
0.24%
Net Income
-5.4M
-3.05%
Balance Sheet Metrics
Total Assets
683.2M
Total Liabilities
561.0M
Shareholders Equity
122.2M
Debt to Equity
4.59
Cash Flow Metrics
Operating Cash Flow
12.0M
Free Cash Flow
2.9M
Revenue & Profitability Trend
8x Income Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Revenue | 715.1M | 728.7M | 743.9M | 638.1M | 532.3M |
Cost of Goods Sold | 229.8M | 224.9M | 241.5M | 247.6M | 230.2M |
Gross Profit | 485.3M | 503.8M | 502.5M | 390.6M | 302.2M |
Gross Margin % | 67.9% | 69.1% | 67.5% | 61.2% | 56.8% |
Operating Expenses | |||||
Research & Development | 123.2M | 136.2M | 142.5M | 112.4M | 92.0M |
Selling, General & Administrative | 346.9M | 384.2M | 419.9M | 432.3M | 356.3M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 470.1M | 520.4M | 562.4M | 544.7M | 448.3M |
Operating Income | 15.2M | -16.6M | -59.9M | -154.1M | -146.1M |
Operating Margin % | 2.1% | -2.3% | -8.1% | -24.2% | -27.5% |
Non-Operating Items | |||||
Interest Income | 3.3M | - | - | - | - |
Interest Expense | 28.9M | 39.8M | 27.3M | 22.7M | 18.7M |
Other Non-Operating Income | -13.7M | -7.6M | 16.8M | 1.0M | 118.0K |
Pre-tax Income | -24.1M | -64.0M | -70.3M | -175.8M | -164.7M |
Income Tax | 3.1M | 3.6M | 2.8M | -387.0K | 843.0K |
Effective Tax Rate % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net Income | -27.2M | -67.6M | -73.1M | -175.4M | -165.6M |
Net Margin % | -3.8% | -9.3% | -9.8% | -27.5% | -31.1% |
Key Metrics | |||||
EBITDA | 54.1M | 34.9M | -6.2M | -105.4M | -100.9M |
EPS (Basic) | $-0.21 | $-0.56 | $-0.63 | $-1.55 | $-1.57 |
EPS (Diluted) | $-0.21 | $-0.56 | $-0.63 | $-1.55 | $-1.57 |
Basic Shares Outstanding | 129767000 | 121106000 | 115959000 | 113354000 | 105700000 |
Diluted Shares Outstanding | 129767000 | 121106000 | 115959000 | 113354000 | 105700000 |
Income Statement Trend
8x Balance Sheet From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 88.0M | 116.3M | 111.4M | 91.2M | 112.5M |
Short-term Investments | 0 | 1.0M | 26.2M | 44.8M | 40.3M |
Accounts Receivable | 50.8M | 59.8M | 63.5M | 57.4M | 51.2M |
Inventory | - | - | - | - | - |
Other Current Assets | 6.0M | 7.6M | 5.1M | 3.3M | 3.3M |
Total Current Assets | 203.9M | 247.8M | 273.1M | 275.6M | 276.5M |
Non-Current Assets | |||||
Property, Plant & Equipment | 33.5M | 35.9M | 52.4M | 63.4M | 66.7M |
Goodwill | 611.0M | 619.9M | 640.8M | 661.9M | 280.2M |
Intangible Assets | 67.9M | 86.7M | 107.1M | 128.2M | 17.1M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 58.4M | 65.7M | 84.4M | 94.5M | 93.5M |
Total Non-Current Assets | 479.3M | 508.1M | 568.7M | 634.6M | 401.9M |
Total Assets | 683.2M | 756.0M | 841.8M | 910.3M | 678.4M |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 45.8M | 48.9M | 46.8M | 49.7M | 31.2M |
Short-term Debt | 22.7M | 11.3M | 74.4M | 15.5M | 13.8M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | 169.2M | 172.6M | 229.9M | 191.5M | 121.4M |
Non-Current Liabilities | |||||
Long-term Debt | 387.6M | 466.3M | 494.4M | 522.0M | 390.9M |
Deferred Tax Liabilities | - | - | - | - | - |
Other Non-Current Liabilities | 3.5M | 7.3M | 7.0M | 3.0M | 2.6M |
Total Non-Current Liabilities | 391.7M | 481.4M | 512.0M | 536.4M | 396.5M |
Total Liabilities | 561.0M | 654.0M | 741.9M | 727.9M | 517.9M |
Equity | |||||
Common Stock | 134.0K | 125.0K | 115.0K | 118.0K | 109.0K |
Retained Earnings | -887.7M | -860.5M | -792.9M | -766.4M | -591.1M |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 122.2M | 102.0M | 99.9M | 182.4M | 160.5M |
Key Metrics | |||||
Total Debt | 410.3M | 477.6M | 568.9M | 537.5M | 404.7M |
Working Capital | 34.6M | 75.3M | 43.2M | 84.1M | 155.2M |
Balance Sheet Composition
8x Cash Flow Statement From 2021 to 2025
Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | -27.2M | -67.6M | -73.1M | -175.4M | -165.6M |
Depreciation & Amortization | 39.2M | 47.2M | 52.3M | 48.6M | 45.1M |
Stock-Based Compensation | 39.9M | 61.9M | 89.5M | 133.3M | 107.6M |
Working Capital Changes | -27.3M | -27.6M | -37.6M | -37.4M | -57.1M |
Operating Cash Flow | 76.4M | 70.1M | 85.7M | 41.4M | -8.5M |
Investing Activities | |||||
Capital Expenditures | -2.4M | -2.6M | -3.0M | -4.1M | -6.4M |
Acquisitions | -3.2M | 0 | -1.2M | -125.4M | -10.4M |
Investment Purchases | -771.0K | -6.2M | -53.3M | -83.4M | -52.2M |
Investment Sales | 1.0M | 31.7M | 74.5M | 73.3M | 61.5M |
Investing Cash Flow | -5.4M | 22.8M | 16.9M | -139.6M | -7.5M |
Financing Activities | |||||
Share Repurchases | 0 | 0 | -60.2M | -45.0M | 0 |
Dividends Paid | - | - | - | - | - |
Debt Issuance | 200.0M | 0 | 234.8M | 134.6M | 0 |
Debt Repayment | -273.0M | -88.3M | -217.3M | -15.0K | -78.0K |
Financing Cash Flow | -78.8M | -88.3M | -42.5M | 89.3M | -147.0K |
Free Cash Flow | 50.1M | 62.0M | 33.9M | 10.2M | -49.3M |
Net Change in Cash | -7.7M | 4.7M | 60.2M | -8.8M | -16.2M |
Cash Flow Trend
8x Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-9.64
Forward P/E
4.41
Price to Book
1.40
Price to Sales
0.36
PEG Ratio
0.15
Profitability Ratios
Profit Margin
-2.96%
Operating Margin
-24.52%
Return on Equity
-18.25%
Return on Assets
1.49%
Financial Health
Current Ratio
1.18
Debt to Equity
267.27
Beta
1.85
Per Share Data
EPS (TTM)
$-0.16
Book Value per Share
$1.36
Revenue per Share
$5.44
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
eght | 258.4M | -9.64 | 1.40 | -18.25% | -2.96% | 267.27 |
Salesforce | 239.3B | 39.17 | 3.95 | 10.31% | 16.08% | 19.81 |
Uber Technologies | 198.7B | 16.23 | 8.80 | 67.49% | 26.68% | 52.23 |
Eplus | 1.9B | 17.35 | 1.87 | 11.42% | 5.45% | 12.68 |
Matterport | 1.8B | -6.73 | 4.43 | -55.40% | -151.22% | 0.05 |
Olo | 1.7B | 1,038.00 | 2.44 | -0.13% | -0.28% | 1.80 |
Financial data is updated regularly. All figures are in the company's reporting currency.