Growth Metrics

8X8 (EGHT) Current Taxes (2011 - 2023)

8X8 recorded quarterly Current Taxes of $37.8 million in Q4 2023, up 5.37% quarter-over-quarter from $35.9 million in Q3 2023, and up 21.56% year-over-year from $31.1 million in Q4 2022.

8X8's Current Taxes history runs 11 years deep, the most recent figure standing at $37.8 million for Q4 2023.

  • In Q4 2023, Current Taxes rose 21.56% year-over-year to $37.8 million; the TTM figure through Dec 2023 stood at $37.8 million (up 21.56% YoY), while the FY2023 annual figure 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.
  • A 5-year average of $20.4 million and a median of $14.1 million in 2019 frame the typical range for Current Taxes.
  • Across the five-year window, Current Taxes declined 26.05% in 2020 and jumped 181.46% in 2022, its largest moves.
  • 8X8's Current Taxes stood at $11.7 million in 2019, then advanced by 22.53% to $14.3 million in 2020, then increased by 0.54% to $14.4 million in 2021, then soared by 116.19% to $31.1 million in 2022, then increased by 21.56% to $37.8 million in 2023.
  • According to Business Quant data, Current Taxes over the past three periods registered $37.8 million, $35.9 million, and $34.1 million for Q4 2023, Q3 2023, and Q2 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 1.50 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn -
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 506.00 Mn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 372.20 Mn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -
10 8X8 301.09 Mn 212.89 Mn 118.22 Mn -

Historic Data

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DateValue
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
Dec 31, 2018 14.47 Mn
Mar 31, 2018 6.37 Mn
Mar 31, 2016 5.20 Mn
Mar 31, 2015 2.80 Mn
Mar 31, 2013 1.91 Mn
Dec 31, 2012 1.97 Mn
Sep 30, 2012 1.68 Mn
Jun 30, 2012 1.58 Mn
Mar 31, 2012 1.47 Mn
Dec 31, 2011 1.43 Mn
Sep 30, 2011 1.70 Mn
Jun 30, 2011 1.95 Mn
Mar 31, 2011 1.83 Mn