8x8 Gross Profit from 2010 to 2024

EGHT Stock

USD 3.04 0.09 3.05%

8x8 Common Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit 8x8 Common Stock makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1997-06-30

Previous Quarter

121 M

Current Value

123.2 M

Quarterly Volatility

39 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check 8x8 Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 8x8 Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.5 M, Interest Expense of 41.8 M or Total Revenue of 765.1 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0 or PTB Ratio of 4.97. 8x8 financial statements analysis is a perfect complement when working with 8x8 Common Valuation or Volatility modules.

Check out the analysis of 8x8 Common Correlation against competitors.

Latest 8x8 Common's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of 8x8 Common Stock over the last few years. Gross profit is a required income statement account that reflects total revenue of 8x8 Common Stock minus its cost of goods sold. It is profit before 8x8 Common operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. 8x8 Common's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 8x8 Common's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 390.57 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

8x8 Gross Profit Regression Statistics

	Arithmetic Mean	241,079,600
	Geometric Mean	171,273,235
	Coefficient Of Variation	70.91
	Mean Deviation	136,873,387
	Median	222,614,000
	Standard Deviation	170,948,687
	Sample Variance	29223.5T
	Range	516.5M
	R-Value	0.97
	Mean Square Error	1719.6T
	R-Squared	0.95
	Slope	37,166,293
	Total Sum of Squares	409128.3T

8x8 Gross Profit History

	2024	529 M
	2023	503.8 M
	2022	502.5 M
	2021	390.6 M
	2020	302.2 M
	2019	245 M
	2018	222.6 M

Other Fundumenentals of 8x8 Common Stock

Gross Profit Margin

8x8 Common Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Current Deferred Revenue	Short Term Investments	Common Stock	Long Term Debt	Good Will	Intangible Assets	Property Plant Equipment	Short Term Debt	Net Tangible Assets	Capital Surpluse	Short Long Term Debt	Net Invested Capital	Net Working Capital	Long Term Debt Total	Capital Stock
Total Assets		-0.07	0.9	-0.93	0.96	0.95	0.96	0.81	0.86	-0.19	0.76	0.95	0.91	0.81	0.81	0.67	-0.76	0.92	0.84	0.95	-0.14	0.83	0.85
Total Stockholder Equity	-0.07		-0.44	0.36	-0.19	-0.3	-0.34	0.3	-0.43	0.83	0.36	-0.36	-0.35	-0.31	-0.12	-0.3	0.63	-0.18	-0.22	-0.29	0.34	-0.41	-0.44
Net Debt	0.9	-0.44		-0.96	0.88	0.96	0.96	0.5	0.95	-0.45	0.55	0.95	0.96	0.88	0.76	0.72	-0.94	0.89	0.75	0.91	-0.45	0.92	0.93
Retained Earnings	-0.93	0.36	-0.96		-0.94	-0.99	-0.97	-0.61	-0.97	0.41	-0.64	-0.97	-0.98	-0.88	-0.74	-0.7	0.92	-0.92	-0.83	-0.92	0.34	-0.93	-0.97
Accounts Payable	0.96	-0.19	0.88	-0.94		0.95	0.96	0.78	0.87	-0.24	0.68	0.95	0.91	0.81	0.75	0.64	-0.8	0.89	0.93	0.94	-0.13	0.83	0.87
Net Receivables	0.95	-0.3	0.96	-0.99	0.95		0.98	0.67	0.95	-0.33	0.65	0.97	0.96	0.84	0.79	0.7	-0.88	0.92	0.86	0.93	-0.3	0.89	0.94
Total Liab	0.96	-0.34	0.96	-0.97	0.96	0.98		0.68	0.93	-0.41	0.62	1.0	0.95	0.85	0.8	0.71	-0.89	0.91	0.85	0.98	-0.22	0.89	0.92
Total Current Assets	0.81	0.3	0.5	-0.61	0.78	0.67	0.68		0.49	0.2	0.72	0.69	0.54	0.43	0.66	0.45	-0.32	0.68	0.77	0.75	0.37	0.45	0.47
Current Deferred Revenue	0.86	-0.43	0.95	-0.97	0.87	0.95	0.93	0.49		-0.43	0.53	0.93	0.98	0.93	0.66	0.72	-0.95	0.88	0.73	0.87	-0.45	0.93	0.98
Short Term Investments	-0.19	0.83	-0.45	0.41	-0.24	-0.33	-0.41	0.2	-0.43		0.18	-0.44	-0.39	-0.32	-0.2	-0.21	0.61	-0.21	-0.23	-0.39	0.18	-0.42	-0.47
Common Stock	0.76	0.36	0.55	-0.64	0.68	0.65	0.62	0.72	0.53	0.18		0.6	0.59	0.54	0.61	0.51	-0.39	0.79	0.6	0.62	-0.11	0.63	0.52
Long Term Debt	0.95	-0.36	0.95	-0.97	0.95	0.97	1.0	0.69	0.93	-0.44	0.6		0.94	0.84	0.79	0.69	-0.88	0.9	0.85	0.98	-0.17	0.88	0.92
Good Will	0.91	-0.35	0.96	-0.98	0.91	0.96	0.95	0.54	0.98	-0.39	0.59	0.94		0.94	0.65	0.71	-0.94	0.89	0.75	0.89	-0.45	0.94	0.97
Intangible Assets	0.81	-0.31	0.88	-0.88	0.81	0.84	0.85	0.43	0.93	-0.32	0.54	0.84	0.94		0.52	0.75	-0.9	0.82	0.61	0.81	-0.51	0.9	0.89
Property Plant Equipment	0.81	-0.12	0.76	-0.74	0.75	0.79	0.8	0.66	0.66	-0.2	0.61	0.79	0.65	0.52		0.39	-0.56	0.76	0.76	0.81	0.01	0.61	0.65
Short Term Debt	0.67	-0.3	0.72	-0.7	0.64	0.7	0.71	0.45	0.72	-0.21	0.51	0.69	0.71	0.75	0.39		-0.72	0.72	0.52	0.71	-0.38	0.74	0.61
Net Tangible Assets	-0.76	0.63	-0.94	0.92	-0.8	-0.88	-0.89	-0.32	-0.95	0.61	-0.39	-0.88	-0.94	-0.9	-0.56	-0.72		-0.79	-0.67	-0.83	0.51	-0.92	-0.94
Capital Surpluse	0.92	-0.18	0.89	-0.92	0.89	0.92	0.91	0.68	0.88	-0.21	0.79	0.9	0.89	0.82	0.76	0.72	-0.79		0.78	0.89	-0.29	0.94	0.87
Short Long Term Debt	0.84	-0.22	0.75	-0.83	0.93	0.86	0.85	0.77	0.73	-0.23	0.6	0.85	0.75	0.61	0.76	0.52	-0.67	0.78		0.85	0.06	0.68	0.73
Net Invested Capital	0.95	-0.29	0.91	-0.92	0.94	0.93	0.98	0.75	0.87	-0.39	0.62	0.98	0.89	0.81	0.81	0.71	-0.83	0.89	0.85		-0.07	0.84	0.84
Net Working Capital	-0.14	0.34	-0.45	0.34	-0.13	-0.3	-0.22	0.37	-0.45	0.18	-0.11	-0.17	-0.45	-0.51	0.01	-0.38	0.51	-0.29	0.06	-0.07		-0.49	-0.44
Long Term Debt Total	0.83	-0.41	0.92	-0.93	0.83	0.89	0.89	0.45	0.93	-0.42	0.63	0.88	0.94	0.9	0.61	0.74	-0.92	0.94	0.68	0.84	-0.49		0.94
Capital Stock	0.85	-0.44	0.93	-0.97	0.87	0.94	0.92	0.47	0.98	-0.47	0.52	0.92	0.97	0.89	0.65	0.61	-0.94	0.87	0.73	0.84	-0.44	0.94

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About 8x8 Common Financial Statements

8x8 Common shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although 8x8 Common investors may analyze each financial statement separately, they are all interrelated. The changes in 8x8 Common's assets and liabilities, for example, are also reflected in the revenues and expenses on on 8x8 Common's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	503.8 M	529 M
Gross Profit Margin	0.69	0.49

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