8x8, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $735.8M | $715.1M | $728.7M | $743.9M | $638.1M | $532.3M | $446.2M | $352.6M |
| Cost of Revenue | $260.7M | $229.8M | $224.9M | $241.5M | $247.6M | — | — | — |
| Gross Profit | $475.0M | $485.3M | $503.8M | $502.5M | $390.6M | — | — | — |
| Gross Margin | 64.6% | 67.9% | 69.1% | 67.5% | 61.2% | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | $113.0M | $123.2M | $136.2M | $142.5M | $112.4M | $92.0M | $77.8M | $62.1M |
| SG&A Expense | $90.7M | $82.4M | $112.2M | $108.0M | $118.1M | $100.1M | $87.0M | $72.2M |
| Operating Income | $18.9M | $15.2M | $-27.6M | $-66.3M | $-154.1M | $-146.1M | $-159.8M | $-89.6M |
| Operating Margin | 2.6% | 2.1% | -3.8% | -8.9% | -24.2% | -27.5% | -35.8% | -25.4% |
| Interest Expense | $18.7M | $28.9M | $39.8M | $27.3M | — | — | — | — |
| Pretax Income | $3.5M | $-24.1M | $-64.0M | $-70.3M | $-175.8M | $-164.7M | $-171.5M | $-88.2M |
| Income Tax Expense | $1.9M | $3.1M | $3.6M | $2.8M | $-387.0K | $843.0K | $832.0K | $569.0K |
| Net Income | $1.6M | $-27.2M | $-67.6M | $-73.1M | $-175.4M | $-165.6M | $-172.4M | $-88.7M |
| Net Margin | 0.2% | -3.8% | -9.3% | -9.8% | -27.5% | -31.1% | -38.6% | -25.2% |
| EPS (Basic) | $0.01 | $-0.21 | $-0.56 | $-0.63 | $-1.55 | $-1.57 | $-1.72 | $-0.94 |
| EPS (Diluted) | $0.01 | $-0.21 | $-0.56 | $-0.63 | $-1.55 | $-1.57 | $-1.72 | $-0.94 |
| Shares Outstanding (Basic) | 137.7M | 129.8M | 121.1M | 116.0M | 113.4M | 105.7M | 100.0M | 96.3M |
| Shares Outstanding (Diluted) | 142.6M | 129.8M | 121.1M | 116.0M | 113.4M | 105.7M | 100.0M | 96.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |