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
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 |
| 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 |