8X8 (EGHT) Current Taxes (2011 - 2023)
8X8 (EGHT) posted Current Taxes of $37.8 million for Q4 2023, up 5.37% sequentially from $35.9 million in Q3 2023, and up 21.56% YoY from $31.1 million in Q4 2022.
8X8 (EGHT) Current Taxes (2011 - 2023) Analysis & Trends
8X8 has reported Current Taxes for 11 years, with the latest figure at $37.8 million in Q4 2023.
- Quarterly Current Taxes rose 21.56% year-over-year to $37.8 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $37.8 million (up 21.56% YoY) and the FY2023 annual result came in at $29.6 million, down 9.22% from the prior year.
- Current Taxes advanced to $37.8 million in Q4 2023 per EGHT's latest filing, from $35.9 million in the prior quarter.
- Over five years, Current Taxes peaked at $37.8 million in Q4 2023 and troughed at $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.
- The sharpest annual moves came in 2020 and 2022: Current Taxes fell 26.05% in 2020, then surged 181.46% in 2022.
- Over 5 years, Current Taxes stood at $11.7 million in 2019, then climbed by 22.53% to $14.3 million in 2020, then rose by 0.54% to $14.4 million in 2021, then jumped by 116.19% to $31.1 million in 2022, then rose 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 1.58 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | - |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | - |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | - |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 110.30 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 38.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | - |
| 10 | 8X8 | 289.73 Mn | 194.77 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 |