8x8 delivers cloud-based business communications solutions that are affordable, easy to use, and incredibly advanced. We help businesses serve their customers better, work smarter and conduct business anywhere, anytime. From hosted VoIP business phone service to hosted contact centers to unified communications, our services are proven, reliable and less expensive than traditional solutions. 8x8 is ranked the #1 provider of hosted business VoIP by industry analyst firm, Frost & Sullivan.
Type
Public
HQ
San Jose, US
Founded
1987
Size (employees)
810 (est)+44%
Website
8x8.com
8x8 was founded in 1987 and is headquartered in San Jose, US

8x8 Office Locations

8x8 has offices in San Jose, Aylesbury, London, Cluj-Napoca and in 1 other locations
San Jose, US (HQ)
2125 O'Nel Dr
Sydney, AU
13 135 King St
Cluj-Napoca, RO
The Office Cluj-Napoca 77 Bulevardul 21 Decembrie 1989
London, GB
65 Fenchurch St
London, GB
21 New St
Aylesbury, GB
Oxford House, Bell Business Park,

8x8 Metrics

8x8 Financial Metrics

Revenue (2016)

$209.3 m

Revenue growth (2015-16), %

29%

Gross profit

$172.3 m

Gross profit margin (2016), %

82%

Net income (2016)

($5.1 m)

Market capitalization (21-Mar-2017)

$1.4 b

Closing share price (21-Mar-2017)

$15.3

Cash (31-Mar-2016)

$33.6 m
8x8's current market capitalization is $1.4 b.
8x8's revenue was reported to be $209.3 m in FY, 2016 which is a 28.9% increase from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

$128.6 m$162.4 m$209.3 m

Revenue growth, %

26%29%

Gross profit

$106.2 m$132.7 m$172.3 m

Gross profit Margin, %

83%82%82%

Operating expense total

$125.5 m$158.5 m$216.4 m

EBIT

$3.1 m$3.9 m($7.1 m)

EBIT margin, %

2%2%(3%)

Income tax expense

$2.8 m($847 k)

Net Income

$2.5 m$1.9 m($5.1 m)
FY, 2014FY, 2015FY, 2016

Cash

$59.2 m$53.1 m$33.6 m

Accounts Receivable

$5.5 m$6.6 m$11.1 m

Inventories

$811 k$704 k$520 k

Current Assets

$116.9 m$191.6 m$185.9 m

PP&E

$7.7 m$10.2 m$12.4 m

Goodwill

$38.5 m$36.9 m$47.4 m

Total Assets

$299.2 m$295.6 m$313.5 m

Accounts Payable

$6.8 m$7.8 m$11 m

Current Liabilities

$18.1 m$21.8 m$34.7 m

Non-Current Liabilities

$1.6 m$1.4 m$3.3 m

Total Liabilities

$19.7 m$23.2 m$38 m

Additional Paid-in Capital

$384.3 m$379 m$389.3 m

Retained Earnings

($106.7 m)($104.7 m)($109.9 m)

Total Equity

$278.2 m$272.2 m$275.3 m

Financial Leverage

1.1 x1.1 x1.1 x
FY, 2014FY, 2015FY, 2016

Net Income

$2.5 m$1.9 m($5.1 m)

Depreciation and Amortization

$4.2 m$8.6 m

Accounts Receivable

($1.6 m)$6.6 m($4.5 m)

Inventories

($276 k)$704 k$136 k

Accounts Payable

($1 m)$7.8 m$2.5 m

Cash From Operating Activities

$14.9 m($6 m)$23.6 m

Cash From Investing Activities

($136.5 m)($36.3 m)

Interest Paid

$5 k$44 k

Income Taxes Paid

$427 k$445 k

8x8 Market Value History

8x8 Median Salaries

Source: 75 public H-1B filings from 8x8

8x8 Online Presence

8x8 Company Life

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