8X8 (EGHT) Current Taxes (2011 - 2023)
8X8 (EGHT) recorded Current Taxes of $37.78 million in fiscal Q3 2024 (quarter ended Dec 31, 2023), up 21.6% from $31.08 million a year earlier and up 5.4% from the prior quarter.
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Analysis
8X8 (EGHT) Current Taxes (2011 - 2023) Analysis & Trends
At the end of FY2023 (ended Mar 31, 2023), 8X8 reported Current Taxes of $29.57 million, down 9.2% from FY2022.
- Annual Current Taxes has a five-year compound annual growth rate of 36.0% (FY2018 to FY2023).
- Across earlier fiscal years, Current Taxes came in at $32.57 million in FY2022 (+168.6%), $12.13 million in FY2021 (+18.3%), $10.25 million in FY2020 (-26.0%) and $13.86 million in FY2019 (+117.7%).
- The fiscal Q3 2024 figure is the highest quarterly Current Taxes in data going back to fiscal Q4 2011.
- On a year-over-year basis, Current Taxes has increased for three consecutive quarters, with growth averaging 82.6% over the last eight quarters.
- Peak year-over-year performance for Current Taxes in the last five years was growth of 181.5% in fiscal Q1 2023, against a decline of 26.0% in fiscal Q4 2020 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $35.85 million (Q2 2024), $34.1 million (Q1 2024) and $29.57 million (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 100.89 Bn | 76.14 Bn | 6.00 Bn | 63.00 Mn |
| 2 | Atlassian | 58.64 Bn | 51.92 Bn | 1.53 Bn | - |
| 3 | Autodesk | 51.48 Bn | 39.51 Bn | 1.87 Bn | 63.00 Mn |
| 4 | Twilio | 40.78 Bn | 30.85 Bn | 725.87 Mn | - |
| 5 | Zoom Communications | 29.13 Bn | -1.65 Bn | 985.50 Mn | - |
| 6 | Figma | 12.17 Bn | 5.67 Bn | 309.61 Mn | - |
| 7 | Dropbox | 8.25 Bn | 3.88 Bn | 506.50 Mn | - |
| 8 | Nice | 7.17 Bn | 5.64 Bn | 995.81 Mn | - |
| 9 | RingCentral | 6.96 Bn | 6.46 Bn | 472.31 Mn | - |
| 10 | 8X8 | 289.36 Mn | -47.96 Mn | - | - |
Historic Data
Download Data
Historic 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 |
API Access
8X8 Current 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=current-taxes&ticker=EGHT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-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=current-taxes&ticker=EGHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();