8X8 (EGHT) Other Accumulated Expenses (2011 - 2023)
8X8's Other Accumulated Expenses came in at $14.88 million for fiscal Q3 2024 (quarter ended Dec 31, 2023), down 9.9% from $16.52 million a year earlier but up 5.9% from the prior quarter.
8X8 (EGHT) Other Accumulated Expenses (2011 - 2023) Analysis & Trends
At the end of FY2023 (ended Mar 31, 2023), 8X8's Other Accumulated Expenses was $14.56 million, down 37.2% from FY2022.
- Other Accumulated Expenses carries a five-year compound annual growth rate of 19.3% (FY2018 to FY2023).
- Going back by fiscal year, Other Accumulated Expenses was $23.17 million in FY2022 (+60.3%), $14.46 million in FY2021 (-61.2%), $37.28 million in FY2020 (+449.0%) and $6.79 million in FY2019 (+12.7%).
- The five-year range for quarterly Other Accumulated Expenses is $6.79 million (fiscal Q4 2019) to $37.28 million (fiscal Q4 2020).
- Year-over-year, Other Accumulated Expenses has declined for five consecutive quarters, with growth averaging 7.3% over the last eight quarters.
- The fastest year-over-year change in Other Accumulated Expenses over five years came in fiscal Q4 2020 (growth of 449.0%), and the weakest in fiscal Q4 2021 (a decline of 61.2%).
- Business Quant data shows EGHT's Other Accumulated Expenses at $14.05 million (Q2 2024), $18.35 million (Q1 2024) and $14.56 million (Q4 2023) in the three fiscal quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 92.94 Bn | 68.19 Bn | 6.00 Bn |
| 2 | Atlassian | 48.88 Bn | 42.16 Bn | 1.53 Bn |
| 3 | Twilio | 45.24 Bn | 35.23 Bn | 725.87 Mn |
| 4 | Autodesk | 44.31 Bn | 32.34 Bn | 1.87 Bn |
| 5 | Zoom Communications | 27.15 Bn | -3.64 Bn | 985.50 Mn |
| 6 | Figma | 11.33 Bn | 4.84 Bn | 309.61 Mn |
| 7 | Dropbox | 7.45 Bn | 3.08 Bn | 506.50 Mn |
| 8 | Nice | 6.88 Bn | 5.35 Bn | 995.81 Mn |
| 9 | RingCentral | 6.55 Bn | 6.05 Bn | 472.31 Mn |
| 10 | 8X8 | 317.59 Mn | -19.73 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 14.88 Mn |
| Sep 30, 2023 | 14.05 Mn |
| Jun 30, 2023 | 18.35 Mn |
| Mar 31, 2023 | 14.56 Mn |
| Dec 31, 2022 | 16.52 Mn |
| Sep 30, 2022 | 17.13 Mn |
| Jun 30, 2022 | 18.77 Mn |
| Mar 31, 2022 | 23.17 Mn |
| Dec 31, 2021 | 16.54 Mn |
| Sep 30, 2021 | 13.05 Mn |
| Jun 30, 2021 | 14.00 Mn |
| Mar 31, 2021 | 14.46 Mn |
| Dec 31, 2020 | 20.42 Mn |
| Sep 30, 2020 | 21.91 Mn |
| Jun 30, 2020 | 26.87 Mn |
| Mar 31, 2020 | 37.28 Mn |
| Dec 31, 2019 | 23.70 Mn |
| Sep 30, 2019 | 19.33 Mn |
| Jun 30, 2019 | 11.27 Mn |
| Mar 31, 2019 | 6.79 Mn |
8X8 Other Accumulated Expenses 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=other-accumulated-expenses&ticker=EGHT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "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=other-accumulated-expenses&ticker=EGHT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();