8X8 (EGHT) Long-Term Investments (2019 - 2022)
8X8 recorded quarterly Long-Term Investments of $2.7 million in Q1 2022, down 61.47% quarter-over-quarter from $6.9 million in Q4 2021.
8X8's Long-Term Investments history runs 4 years deep, the most recent figure standing at $2.7 million for Q1 2022.
- In Q1 2022, Long-Term Investments changed N/A year-over-year to $2.7 million; the TTM figure through Mar 2022 stood at $2.7 million (changed N/A YoY), while the FY2022 annual figure was $2.7 million, changed N/A from the prior year.
- Long-Term Investments came in at $2.7 million for Q1 2022 at 8X8, down from $6.9 million in the prior quarter.
- In the past five years, Long-Term Investments ranged from a high of $21.7 million in Q2 2019 to a low of $2.7 million in Q1 2022.
- A 4-year average of $11.9 million and a median of $10.2 million in 2021 frame the typical range for Long-Term Investments.
- Across the five-year window, Long-Term Investments plunged 80.73% in 2020 and surged 78.78% in 2021, its largest moves.
- 8X8's Long-Term Investments stood at $20.1 million in 2019, then slumped by 80.73% to $3.9 million in 2020, then soared by 78.78% to $6.9 million in 2021, then slumped by 61.47% to $2.7 million in 2022.
- According to Business Quant data, Long-Term Investments over the past three periods registered $2.7 million, $6.9 million, and $10.2 million for Q1 2022, Q4 2021, and Q3 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Long-Term Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 7.59 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 268.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 708.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 1.74 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 | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 176.00 Mn |
| 10 | 8X8 | 301.09 Mn | 212.89 Mn | 118.22 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 2.67 Mn |
| Dec 31, 2021 | 6.93 Mn |
| Sep 30, 2021 | 10.25 Mn |
| Jun 30, 2021 | 12.71 Mn |
| Dec 31, 2020 | 3.88 Mn |
| Sep 30, 2020 | 6.18 Mn |
| Jun 30, 2020 | 9.97 Mn |
| Mar 31, 2020 | 16.08 Mn |
| Dec 31, 2019 | 20.13 Mn |
| Sep 30, 2019 | 20.45 Mn |
| Jun 30, 2019 | 21.67 Mn |