8x8 Inc. | Small-cap | Technology

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income 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

Metric20252024202320222021
Revenue i715.1M728.7M743.9M638.1M532.3M
Cost of Goods Sold i229.8M224.9M241.5M247.6M230.2M
Gross Profit i485.3M503.8M502.5M390.6M302.2M
Gross Margin % i67.9%69.1%67.5%61.2%56.8%
Operating Expenses
Research & Development i123.2M136.2M142.5M112.4M92.0M
Selling, General & Administrative i346.9M384.2M419.9M432.3M356.3M
Other Operating Expenses i-----
Total Operating Expenses i470.1M520.4M562.4M544.7M448.3M
Operating Income i15.2M-16.6M-59.9M-154.1M-146.1M
Operating Margin % i2.1%-2.3%-8.1%-24.2%-27.5%
Non-Operating Items
Interest Income i3.3M----
Interest Expense i28.9M39.8M27.3M22.7M18.7M
Other Non-Operating Income-13.7M-7.6M16.8M1.0M118.0K
Pre-tax Income i-24.1M-64.0M-70.3M-175.8M-164.7M
Income Tax i3.1M3.6M2.8M-387.0K843.0K
Effective Tax Rate % i0.0%0.0%0.0%0.0%0.0%
Net Income i-27.2M-67.6M-73.1M-175.4M-165.6M
Net Margin % i-3.8%-9.3%-9.8%-27.5%-31.1%
Key Metrics
EBITDA i54.1M34.9M-6.2M-105.4M-100.9M
EPS (Basic) i$-0.21$-0.56$-0.63$-1.55$-1.57
EPS (Diluted) i$-0.21$-0.56$-0.63$-1.55$-1.57
Basic Shares Outstanding i129767000121106000115959000113354000105700000
Diluted Shares Outstanding i129767000121106000115959000113354000105700000

Income Statement Trend

8x Balance Sheet From 2021 to 2025

Metric20252024202320222021
Assets
Current Assets
Cash & Equivalents i88.0M116.3M111.4M91.2M112.5M
Short-term Investments i01.0M26.2M44.8M40.3M
Accounts Receivable i50.8M59.8M63.5M57.4M51.2M
Inventory i-----
Other Current Assets6.0M7.6M5.1M3.3M3.3M
Total Current Assets i203.9M247.8M273.1M275.6M276.5M
Non-Current Assets
Property, Plant & Equipment i33.5M35.9M52.4M63.4M66.7M
Goodwill i611.0M619.9M640.8M661.9M280.2M
Intangible Assets i67.9M86.7M107.1M128.2M17.1M
Long-term Investments-----
Other Non-Current Assets58.4M65.7M84.4M94.5M93.5M
Total Non-Current Assets i479.3M508.1M568.7M634.6M401.9M
Total Assets i683.2M756.0M841.8M910.3M678.4M
Liabilities
Current Liabilities
Accounts Payable i45.8M48.9M46.8M49.7M31.2M
Short-term Debt i22.7M11.3M74.4M15.5M13.8M
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i169.2M172.6M229.9M191.5M121.4M
Non-Current Liabilities
Long-term Debt i387.6M466.3M494.4M522.0M390.9M
Deferred Tax Liabilities i-----
Other Non-Current Liabilities3.5M7.3M7.0M3.0M2.6M
Total Non-Current Liabilities i391.7M481.4M512.0M536.4M396.5M
Total Liabilities i561.0M654.0M741.9M727.9M517.9M
Equity
Common Stock i134.0K125.0K115.0K118.0K109.0K
Retained Earnings i-887.7M-860.5M-792.9M-766.4M-591.1M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i122.2M102.0M99.9M182.4M160.5M
Key Metrics
Total Debt i410.3M477.6M568.9M537.5M404.7M
Working Capital i34.6M75.3M43.2M84.1M155.2M

Balance Sheet Composition

8x Cash Flow Statement From 2021 to 2025

Metric20252024202320222021
Operating Activities
Net Income i-27.2M-67.6M-73.1M-175.4M-165.6M
Depreciation & Amortization i39.2M47.2M52.3M48.6M45.1M
Stock-Based Compensation i39.9M61.9M89.5M133.3M107.6M
Working Capital Changes i-27.3M-27.6M-37.6M-37.4M-57.1M
Operating Cash Flow i76.4M70.1M85.7M41.4M-8.5M
Investing Activities
Capital Expenditures i-2.4M-2.6M-3.0M-4.1M-6.4M
Acquisitions i-3.2M0-1.2M-125.4M-10.4M
Investment Purchases i-771.0K-6.2M-53.3M-83.4M-52.2M
Investment Sales i1.0M31.7M74.5M73.3M61.5M
Investing Cash Flow i-5.4M22.8M16.9M-139.6M-7.5M
Financing Activities
Share Repurchases i00-60.2M-45.0M0
Dividends Paid i-----
Debt Issuance i200.0M0234.8M134.6M0
Debt Repayment i-273.0M-88.3M-217.3M-15.0K-78.0K
Financing Cash Flow i-78.8M-88.3M-42.5M89.3M-147.0K
Free Cash Flow i50.1M62.0M33.9M10.2M-49.3M
Net Change in Cash i-7.7M4.7M60.2M-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

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
eght258.4M-9.641.40-18.25%-2.96%267.27
Salesforce 239.3B39.173.9510.31%16.08%19.81
Uber Technologies 198.7B16.238.8067.49%26.68%52.23
Eplus 1.9B17.351.8711.42%5.45%12.68
Matterport 1.8B-6.734.43-55.40%-151.22%0.05
Olo 1.7B1,038.002.44-0.13%-0.28%1.80

Financial data is updated regularly. All figures are in the company's reporting currency.