8X8 (EGHT) Change in Taxes (2009 - 2017)
8X8's Change in Taxes came in at -$311,000 for fiscal Q3 2017 (quarter ended Dec 31, 2016), compared with $946,000 a year earlier.
8X8 (EGHT) Change in Taxes (2009 - 2017) Analysis & Trends
Over the trailing twelve months to Dec 31, 2016, 8X8 reported Change in Taxes of $434,000, down 75.4% year-over-year; for FY2016 (ended Mar 31, 2016), it came in at $2.29 million, up 367.8% from FY2015.
- Going back by fiscal year, Change in Taxes was $490,000 in FY2015 (+77.5%), $276,000 in FY2014, -$440,000 in FY2013 and $356,000 in FY2012.
- The fiscal Q3 2017 figure represents the lowest quarterly Change in Taxes since fiscal Q2 2011.
- Year-over-year, Change in Taxes increased in three of the last five quarters, with growth averaging 115.7%.
- The fastest year-over-year change in Change in Taxes over five years came in fiscal Q2 2015 (growth of 365.4%), and the weakest in fiscal Q2 2017 (a decline of 87.5%).
- Business Quant data shows EGHT's Change in Taxes at $50,000 (Q2 2017), $240,000 (Q1 2017) and $455,000 (Q4 2016) in the three fiscal quarters before Q3 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 92.55 Bn | 67.80 Bn | 6.00 Bn | 56.00 Mn |
| 2 | Autodesk | 54.36 Bn | 42.40 Bn | 1.87 Bn | 6.00 Mn |
| 3 | Atlassian | 37.46 Bn | 32.39 Bn | 1.51 Bn | - |
| 4 | Twilio | 33.16 Bn | 22.79 Bn | 760.53 Mn | - |
| 5 | Zoom Communications | 26.58 Bn | -4.16 Bn | 985.50 Mn | - |
| 6 | Figma | 9.91 Bn | 3.23 Bn | 314.44 Mn | - |
| 7 | Dropbox | 7.02 Bn | 2.44 Bn | 513.70 Mn | - |
| 8 | RingCentral | 6.19 Bn | 5.72 Bn | 494.30 Mn | - |
| 9 | Open Text | 5.93 Bn | 1.47 Bn | 905.53 Mn | -48.44 Mn |
| 10 | 8X8 | 316.52 Mn | -55.93 Mn | 114.56 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2017 | 268,000.00 |
| Dec 31, 2016 | -311,000.00 |
| Sep 30, 2016 | 50,000.00 |
| Jun 30, 2016 | 240,000.00 |
| Mar 31, 2016 | 455,000.00 |
| Dec 31, 2015 | 946,000.00 |
| Sep 30, 2015 | 399,000.00 |
| Jun 30, 2015 | 492,000.00 |
| Mar 31, 2015 | -71,000.00 |
| Dec 31, 2014 | 312,000.00 |
| Sep 30, 2014 | 121,000.00 |
| Jun 30, 2014 | 128,000.00 |
| Mar 31, 2014 | 214,000.00 |
| Dec 31, 2013 | 228,000.00 |
| Sep 30, 2013 | 26,000.00 |
| Jun 30, 2013 | -192,000.00 |
| Mar 31, 2013 | 55,000.00 |
| Dec 31, 2012 | -290,000.00 |
| Sep 30, 2012 | -93,000.00 |
| Jun 30, 2012 | -112,000.00 |
8X8 Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=EGHT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "EGHT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=EGHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();