8X8 (EGHT) Current Taxes (2011 - 2023)
8X8's (EGHT) quarterly Current Taxes came in at $37.8 million in Q4 2023, up 21.56% year-on-year from $31.1 million in Q4 2022, and up 5.37% quarter-over-quarter from $35.9 million in Q3 2023.
8X8 (EGHT) Current Taxes (2011 - 2023) Analysis & Trends
8X8 has disclosed Current Taxes across 11 years of filings, most recently posting $37.8 million for Q4 2023.
- Current Taxes for Q4 2023 came in at $37.8 million, up 21.56% year-over-year; the trailing twelve-month figure through Dec 2023 was $37.8 million (up 21.56% YoY), and the FY2023 annual result was $29.6 million, down 9.22% from the prior year.
- Current Taxes came in at $37.8 million for Q4 2023 at 8X8, up from $35.9 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $37.8 million in Q4 2023 to a low of $9.2 million in Q2 2020.
- The 5-year median for Current Taxes is $14.1 million (2019), against an average of $20.4 million.
- Across the five-year window, Current Taxes dropped 26.05% in 2020 and soared 181.46% in 2022, its largest moves.
- 8X8's Current Taxes stood at $11.7 million in 2019, then gained by 22.53% to $14.3 million in 2020, then grew by 0.54% to $14.4 million in 2021, then surged by 116.19% to $31.1 million in 2022, then grew by 21.56% to $37.8 million in 2023.
- The last three Current Taxes figures came in at $37.8 million (Q4 2023), $35.9 million (Q3 2023), and $34.1 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 1.50 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | - |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | - |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | - |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | - |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | - |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 372.20 Mn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 38.00 Mn |
| 10 | 8X8 | 248.40 Mn | 160.20 Mn | 118.22 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 37.78 Mn |
| Sep 30, 2023 | 35.85 Mn |
| Jun 30, 2023 | 34.10 Mn |
| Mar 31, 2023 | 29.57 Mn |
| Dec 31, 2022 | 31.08 Mn |
| Sep 30, 2022 | 31.58 Mn |
| Jun 30, 2022 | 31.86 Mn |
| Mar 31, 2022 | 32.57 Mn |
| Dec 31, 2021 | 14.38 Mn |
| Sep 30, 2021 | 12.07 Mn |
| Jun 30, 2021 | 11.32 Mn |
| Mar 31, 2021 | 12.13 Mn |
| Dec 31, 2020 | 14.30 Mn |
| Sep 30, 2020 | 11.57 Mn |
| Jun 30, 2020 | 9.22 Mn |
| Mar 31, 2020 | 10.25 Mn |
| Dec 31, 2019 | 11.67 Mn |
| Sep 30, 2019 | 12.18 Mn |
| Jun 30, 2019 | 11.60 Mn |
| Mar 31, 2019 | 13.86 Mn |