8X8 (EGHT) Amortization of Deferred Charges (2019 - 2024)
8X8's (EGHT) quarterly Amortization of Deferred Charges came in at $36.8 million in Q1 2024, up 4.92% year-over-year from $35.1 million in Q2 2023, and up 3079.26% quarter-over-quarter from $1.2 million in Q4 2023.
Analysis
8X8 (EGHT) Amortization of Deferred Charges (2019 - 2024) Analysis & Trends
8X8 has disclosed Amortization of Deferred Charges across 6 years of filings, most recently posting $36.8 million for Q1 2024.
- In Q1 2024, Amortization of Deferred Charges rose 4.92% year-over-year to $36.8 million; the TTM figure through Mar 2024 stood at $39.8 million (up 5.73% YoY), while the FY2025 annual figure was $38.0 million, down 5.49% from the prior year.
- Amortization of Deferred Charges came in at $36.8 million for Q1 2024 at 8X8, up from $1.2 million in the prior quarter.
- In the past five years, Amortization of Deferred Charges ranged from a high of $36.8 million in Q1 2024 to a low of $58000.0 in Q3 2020.
- Average Amortization of Deferred Charges over 5 years is $6.5 million, with a median of $4.1 million recorded in 2020.
- Year-over-year, Amortization of Deferred Charges jumped 8247.46% in 2021 and tumbled 85.82% in 2022.
- Over 5 years, Amortization of Deferred Charges stood at $59000.0 in 2020, then jumped by 8247.46% to $4.9 million in 2021, then slumped by 76.93% to $1.1 million in 2022, then increased by 1.85% to $1.2 million in 2023, then jumped by 3079.26% to $36.8 million in 2024.
- Per Business Quant data, the three most recent Amortization of Deferred Charges figures were $36.8 million in Q1 2024, $1.2 million in Q4 2023, and $768000.0 in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 36.78 Mn |
| Dec 31, 2023 | 1.16 Mn |
| Sep 30, 2023 | 768,000.00 |
| Jun 30, 2023 | 1.11 Mn |
| Mar 31, 2023 | 35.06 Mn |
| Dec 31, 2022 | 1.14 Mn |
| Sep 30, 2022 | 633,000.00 |
| Jun 30, 2022 | 831,000.00 |
| Mar 31, 2022 | 6.62 Mn |
| Dec 31, 2021 | 4.93 Mn |
| Sep 30, 2021 | 4.46 Mn |
| Jun 30, 2021 | 4.39 Mn |
| Mar 31, 2021 | 4.32 Mn |
| Dec 31, 2020 | 59,000.00 |
| Sep 30, 2020 | 58,000.00 |
| Jun 30, 2020 | 4.13 Mn |
| Mar 31, 2020 | 4.06 Mn |
| Dec 31, 2019 | 40,000.00 |
| Sep 30, 2019 | 27,000.00 |
| Jun 30, 2019 | 3.17 Mn |