8x8
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. 8x8's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 2% to $728,705,000. The net income raised on -$67,592,000 and profit margin reached -9%. Total operating expenses were $520,369,000.
Profit Margin
| 2015 | 162.41M | 1.92M | 1.19% |
|---|---|---|---|
| 2016 | 209.33M | -5.12M | -2.45% |
| 2017 | 253.38M | -4.75M | -1.87% |
| 2018 | 296.5M | -104.49M | -35.24% |
| 2019 | 352.58M | -88.73M | -25.17% |
| 2020 | 446.23M | -172.36M | -38.63% |
| 2021 | 532.34M | -165.58M | -31.1% |
| 2022 | 638.13M | -175.38M | -27.48% |
| 2023 | 743.93M | -73.14M | -9.83% |
| 2024 | 728.70M | -67.59M | -9.28% |
EGHT Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 728.70M | 743.93M | 638.13M | 532.34M | 446.23M | 352.58M | 296.5M | 253.38M | 209.33M | 162.41M |
Cost of revenue | 224.90M | 241.47M | 247.55M | 230.15M | 201.22M | 129.97M | 71.17M | 62.11M | 57.24M | 45.56M |
Gross profit | 503.8M | 502.46M | 390.57M | 302.19M | 245.00M | 222.61M | 225.32M | 191.27M | 152.09M | 116.84M |
Operating exp. | ||||||||||
Research and development | 136.21M | 146.22M | 112.38M | 92.03M | 77.79M | 62.06M | 34.79M | 27.45M | 24.04M | 15.11M |
Selling and marketing | 271.94M | 311.88M | 314.22M | 256.23M | 240.01M | 177.97M | 184.04M | 139.27M | 109.37M | 80.66M |
Total operating expenses | 520.36M | 568.75M | 544.71M | 448.34M | 404.82M | 313.60M | 257.75M | 197.94M | 159.16M | 113.96M |
Operating income | -27.60M | -66.29M | -154.14M | -146.14M | -159.81M | -90.98M | -41.89M | -6.66M | -7.07M | 3.88M |
Other income (expenses), net | -36.34M | -4.04M | -21.62M | -18.59M | -11.71M | 2.81M | -5.77M | 1.79M | 1.10M | 833K |
Income before tax | -63.95M | -70.33M | -175.77M | -164.74M | -171.53M | -88.17M | -38.20M | -4.87M | -5.96M | 4.71M |
Income tax expense | 3.64M | 2.80M | -387K | 843K | 832K | 569K | 66.29M | -126K | -847K | 2.78M |
Net income | -67.59M | -73.14M | -175.38M | -165.58M | -172.36M | -88.73M | -104.49M | -4.75M | -5.12M | 1.92M |
Earnings per share | ||||||||||
Basic EPS | -0.56 | -0.63 | -1.55 | -1.4 | -1.72 | -0.94 | -1.14 | -0.05 | -0.05 | 0.02 |
Diluted EPS | -0.56 | -0.63 | -1.55 | -1.4 | -1.72 | -0.94 | -1.14 | -0.05 | -0.05 | 0.02 |
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