8X8 (EGHT) Current Taxes (2011 - 2023)
8X8 (EGHT) reported Current Taxes of $37.8 million for Q4 2023, up 21.56% on a YoY basis from $31.1 million in Q4 2022, and up 5.37% sequentially from $35.9 million in Q3 2023.
8X8 (EGHT) Current Taxes (2011 - 2023) Analysis & Trends
8X8 (EGHT) has 11 years of Current Taxes data on file, last reported at $37.8 million in Q4 2023.
- For the quarter ending Q4 2023, Current Taxes rose 21.56% year-over-year to $37.8 million; the trailing twelve-month figure through Dec 2023 stood at $37.8 million (up 21.56% YoY), and the FY2023 full-year result was $29.6 million, down 9.22% from the prior year.
- Current Taxes advanced to $37.8 million in Q4 2023, 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 dropped 26.05% in 2020 and soared 181.46% in 2022, its largest moves.
- Tracing EGHT's Current Taxes over 5 years: stood at $11.7 million in 2019, then rose by 22.53% to $14.3 million in 2020, then climbed by 0.54% to $14.4 million in 2021, then jumped by 116.19% to $31.1 million in 2022, then climbed by 21.56% to $37.8 million in 2023.
- Business Quant data shows EGHT's Current Taxes at $37.8 million in Q4 2023, $35.9 million in Q3 2023, and $34.1 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 1.50 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | 70.96 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | - |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | - |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | - |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | - |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 372.20 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | - |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | - |
| 10 | 8X8 | 224.83 Mn | 136.63 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 |