8x8

Communications Technology cloud enterprise software telecommunications video conference

8x8 delivers cloud-based business communications solutions that are affordable, easy to use, and incredibly advanced. The Company's Communications Cloud replaces costly and complex legacy products with a simple, integrated solution that eliminates information silos to expose, vital, real-time intelligence. 8x8 combines unified communications, team collaboration interoperability, contact center, and analytics in a single, open and real-time platform to help companies improve productivity and overall customer experience.

Revenue(FY, 2017)

$253.4 M

Market capitalization(2017-10-17)

$1.2 B

Customers(FY, 2015)

41.6 K

Company Growth (employees)

Type

Public

San Jose, US

Founded

1987

Size (employees)

1,019 (est)

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 location

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 Financials and Metrics

8x8 Financials

8x8's revenue was reported to be $253.4 m in FY, 2017

Summary

USD

8x8's current market capitalization is $1.2 b.

Income Statement

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Revenue	128.6 m	162.4 m	209.3 m	253.4 m
Revenue growth, %		26%	29%	21%
Sales and marketing expense				139.3 m
R&D expense				27.5 m

Quarterly

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017
Revenue	37.9 m	39.6 m	41.4 m	47.9 m	50.9 m	53.2 m	60 m	63.2 m	63.7 m
Sales and marketing expense	19.2 m	19.4 m	20.6 m	23.8 m	26.7 m	27.6 m	31.7 m	33.7 m	35.7 m
R&D expense	3.4 m	3.5 m	3.9 m	5.1 m	6.4 m	6.4 m	6.7 m	6.5 m	7.1 m
General and administrative expense	3.9 m	3.9 m	4.6 m	6.1 m	5.7 m	6.9 m	6.8 m	6.7 m	7.9 m

show all

Balance Sheet

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Cash	59.2 m	53.1 m	33.6 m	41 m
Accounts Receivable	5.5 m	6.6 m	11.1 m	14.3 m
Inventories	811 k	704 k	520 k	908 k
Current Assets	116.9 m	191.6 m	185.9 m	197.4 m

Quarterly

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017
Cash	55.1 m	56 m	52.6 m	29.3 m	28.8 m	23.9 m	27.5 m	32.1 m	33.5 m
Accounts Receivable	5.9 m	7.3 m	7.2 m	8 m	10.1 m	9.9 m	11.5 m	11.7 m	13.1 m
Inventories	753 k	754 k	532 k	618 k	879 k	786 k	463 k	464 k	572 k
Current Assets	192.7 m	198.6 m	200.3 m	174.1 m	168.7 m	174.9 m	184.9 m	189.2 m	192.5 m

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Cash Flow

Annual

USD	FY, 2014	FY, 2015	FY, 2016	FY, 2017
Net Income	2.5 m	1.9 m	(5.1 m)	(4.8 m)
Depreciation and Amortization	4.2 m		8.6 m	9.8 m
Accounts Receivable	(1.6 m)	6.6 m	(4.5 m)	(4.8 m)
Inventories	(276 k)	704 k	136 k	(430 k)

Quarterly

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017
Net Income	8 k	1.3 m	444 k	(472 k)	(1.9 m)	(1.7 m)	(528 k)	27 k	(1.3 m)
Accounts Receivable	5.9 m	7.3 m	7.2 m	8 m	10.1 m	9.9 m	11.5 m	11.7 m	13.1 m
Inventories	753 k	754 k	532 k	618 k	879 k	786 k	463 k	464 k	572 k
Accounts Payable	8.2 m	8.9 m	7.3 m	9.7 m	9.9 m	9.9 m	12.6 m	14 m	12.5 m

show all

Ratios

USD	Y, 2017
Revenue/Employee	277.1 k
Financial Leverage	1.2 x

Show all financial metrics

8x8 Operating Metrics

8x8's Customers was reported to be 41.6 k in FY, 2015

	Q2, 2014	Q3, 2014	Q4, 2014	FY, 2015	Q2, 2015	Q3, 2015	Q4, 2015	FY, 2016	Q2, 2016	Q3, 2016	Q4, 2016	FY, 2017
Average Revenue per Customer	$293	$299	$305	$320	$353	$360	$369	$385	$399	$409	$414	$426
Revenue Churn	0.4%	90%	1%	0.5%	1%	0.8%	1.2%	0.4%	0.5%	0.6%	1%	0.7%
Customers	39.34 k	40.43 k	41.05 k	41.62 k
Patents (US)				104				118				131

Show all operating metrics

8x8 Market Value History

8x8 Job Categories

8x8 Median Salaries

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

Market Position of 8x8

Competitors

Polycom

Technology - Subsidiary

Traffic Overview of 8x8

8x8 Online and Social Media Presence

8x8 News and Updates

June 30, 2017

VoIP Services Market Size to Accelerate at 9.5% CAGR by 2024

According to the latest market report published by Persistence Market Research titled, “Global Market Study on VoIP Services: Increasing Hybrid Cloud Communications in Small and Large Enterprises to Drive Market Growth over the Forecast Period, 2016 - 2024,” Posted via Industry Today. Follow us on T…

Revenue (FY, 2017)	253.4 m
Revenue growth (FY, 2016 - FY, 2017), %	21%
Net income (FY, 2017)	(4.8 m)
EBIT (FY, 2017)	(6.7 m)
Market capitalization (17-Oct-2017)	1.2 b
Cash (31-Mar-2017)	41 m

8x8

Company Growth (employees)

8x8 Office Locations

8x8 Financials and Metrics

8x8 Financials

Summary

Revenue (FY, 2017)

Revenue growth (FY, 2016 - FY, 2017), %

Net income (FY, 2017)

EBIT (FY, 2017)

Market capitalization (17-Oct-2017)

Cash (31-Mar-2017)

Income Statement

Revenue

Revenue growth, %

Sales and marketing expense

R&D expense

Revenue

Sales and marketing expense

R&D expense

General and administrative expense

Balance Sheet

Cash

Accounts Receivable

Inventories

Current Assets

Cash

Accounts Receivable

Inventories

Current Assets

Cash Flow

Net Income

Depreciation and Amortization

Accounts Receivable

Inventories

Net Income

Accounts Receivable

Inventories

Accounts Payable

Ratios

Revenue/Employee

Financial Leverage

8x8 Operating Metrics

Average Revenue per Customer

Revenue Churn

Customers

Patents (US)

8x8 Market Value History

8x8 Job Categories

8x8 Median Salaries

Market Position of 8x8

Competitors

Traffic Overview of 8x8

8x8 Online and Social Media Presence

8x8 News and Updates

VoIP Services Market Size to Accelerate at 9.5% CAGR by 2024

8x8 Company Life and Culture

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