8x8 Historical Income Statement

EGHT Stock  USD 3.14  0.02  0.63%   
Historical analysis of 8x8 Common income statement accounts such as Total Revenue of 765.1 M or Gross Profit of 529 M can show how well 8x8 Common Stock performed in making a profits. Evaluating 8x8 Common income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of 8x8 Common's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining 8x8 Common Stock latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether 8x8 Common Stock is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 8x8 Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

About 8x8 Income Statement Analysis

8x8 Common Stock Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to 8x8 Common shareholders. The income statement also shows 8x8 investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

8x8 Common Income Statement Chart

At this time, 8x8 Common's Total Operating Expenses is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 3.8 M in 2024, despite the fact that Income Before Tax is likely to grow to (60.8 M).

Total Revenue

Total revenue comprises all receipts 8x8 Common Stock generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of 8x8 Common Stock. It is also known as 8x8 Common overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
Most accounts from 8x8 Common's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into 8x8 Common Stock current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 8x8 Common Stock. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At this time, 8x8 Common's Total Operating Expenses is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 3.8 M in 2024, despite the fact that Income Before Tax is likely to grow to (60.8 M).
 2021 2022 2023 2024 (projected)
Gross Profit390.6M502.5M503.8M529.0M
Total Revenue638.1M743.9M728.7M765.1M

8x8 Common income statement Correlations

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0.970.990.98-0.55-0.490.99-0.190.960.99-0.66-0.81-0.650.150.97-0.570.9-0.71-0.54-0.57-0.05-0.570.940.85-0.75
0.930.990.95-0.44-0.360.98-0.050.910.96-0.55-0.81-0.560.190.93-0.620.85-0.63-0.43-0.620.0-0.620.890.79-0.8
0.990.980.95-0.69-0.640.97-0.360.991.0-0.78-0.79-0.760.150.99-0.460.94-0.81-0.65-0.46-0.07-0.460.960.89-0.64
-0.69-0.55-0.44-0.690.99-0.550.91-0.73-0.670.980.420.94-0.1-0.71-0.11-0.770.90.81-0.110.07-0.11-0.67-0.7-0.03
-0.63-0.49-0.36-0.640.99-0.480.95-0.69-0.610.970.380.91-0.06-0.66-0.13-0.70.870.84-0.130.15-0.13-0.63-0.67-0.08
0.980.990.980.97-0.55-0.48-0.180.960.97-0.65-0.81-0.630.10.97-0.580.87-0.66-0.54-0.58-0.11-0.580.960.86-0.76
-0.35-0.19-0.05-0.360.910.95-0.18-0.42-0.330.850.140.79-0.02-0.39-0.34-0.460.740.74-0.340.14-0.34-0.35-0.43-0.36
0.990.960.910.99-0.73-0.690.96-0.420.98-0.82-0.78-0.780.080.99-0.440.92-0.81-0.71-0.44-0.15-0.440.970.92-0.6
0.990.990.961.0-0.67-0.610.97-0.330.98-0.76-0.78-0.760.180.99-0.470.94-0.8-0.61-0.47-0.03-0.470.950.87-0.65
-0.77-0.66-0.55-0.780.980.97-0.650.85-0.82-0.760.570.95-0.09-0.80.04-0.820.920.860.040.10.04-0.77-0.790.13
-0.77-0.81-0.81-0.790.420.38-0.810.14-0.78-0.780.570.54-0.06-0.810.74-0.650.550.540.740.00.74-0.76-0.750.81
-0.75-0.65-0.56-0.760.940.91-0.630.79-0.78-0.760.950.54-0.41-0.770.05-0.830.960.750.05-0.140.05-0.7-0.720.13
0.110.150.190.15-0.1-0.060.1-0.020.080.18-0.09-0.06-0.410.12-0.030.25-0.380.12-0.030.72-0.030.0-0.01-0.03
0.990.970.930.99-0.71-0.660.97-0.390.990.99-0.8-0.81-0.770.12-0.490.92-0.79-0.66-0.49-0.11-0.490.960.88-0.65
-0.44-0.57-0.62-0.46-0.11-0.13-0.58-0.34-0.44-0.470.040.740.05-0.03-0.49-0.180.090.011.00.021.0-0.4-0.290.91
0.920.90.850.94-0.77-0.70.87-0.460.920.94-0.82-0.65-0.830.250.92-0.18-0.86-0.65-0.180.04-0.180.890.87-0.42
-0.76-0.71-0.63-0.810.90.87-0.660.74-0.81-0.80.920.550.96-0.38-0.790.09-0.860.720.09-0.150.09-0.71-0.730.17
-0.66-0.54-0.43-0.650.810.84-0.540.74-0.71-0.610.860.540.750.12-0.660.01-0.650.720.010.280.01-0.73-0.780.1
-0.44-0.57-0.62-0.46-0.11-0.13-0.58-0.34-0.44-0.470.040.740.05-0.03-0.491.0-0.180.090.010.021.0-0.4-0.290.91
-0.11-0.050.0-0.070.070.15-0.110.14-0.15-0.030.10.0-0.140.72-0.110.020.04-0.150.280.020.02-0.21-0.210.06
-0.44-0.57-0.62-0.46-0.11-0.13-0.58-0.34-0.44-0.470.040.740.05-0.03-0.491.0-0.180.090.011.00.02-0.4-0.290.91
0.980.940.890.96-0.67-0.630.96-0.350.970.95-0.77-0.76-0.70.00.96-0.40.89-0.71-0.73-0.4-0.21-0.40.95-0.62
0.910.850.790.89-0.7-0.670.86-0.430.920.87-0.79-0.75-0.72-0.010.88-0.290.87-0.73-0.78-0.29-0.21-0.290.95-0.52
-0.63-0.75-0.8-0.64-0.03-0.08-0.76-0.36-0.6-0.650.130.810.13-0.03-0.650.91-0.420.170.10.910.060.91-0.62-0.52
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8x8 Common Account Relationship Matchups

8x8 Common income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization37.2M45.1M50.4M57.9M47.2M49.5M
Interest Expense11.7M18.7M21.6M4.0M39.8M41.8M
Total Revenue446.2M532.3M638.1M743.9M728.7M765.1M
Gross Profit245.0M302.2M390.6M502.5M503.8M529.0M
Other Operating Expenses606.1M678.5M792.3M810.2M745.3M782.5M
Operating Income(159.8M)(146.1M)(154.1M)(66.3M)(27.6M)(29.0M)
Ebit(159.8M)(146.0M)(153.1M)(43.1M)(24.1M)(25.3M)
Research Development77.8M92.0M112.4M146.2M136.2M143.0M
Ebitda(122.6M)(100.9M)(102.7M)14.8M23.1M24.2M
Cost Of Revenue201.2M230.2M247.6M241.5M224.9M236.2M
Total Operating Expenses404.8M448.3M544.7M568.8M520.4M546.4M
Income Before Tax(171.5M)(164.7M)(175.8M)(70.3M)(64.0M)(60.8M)
Total Other Income Expense Net(11.7M)(18.6M)(21.6M)(4.0M)(36.3M)(34.5M)
Net Income(172.4M)(165.6M)(175.4M)(73.1M)(67.6M)(64.2M)
Income Tax Expense832K843K(387K)2.8M3.6M3.8M
Selling General Administrative87.0M100.1M118.1M110.7M112.2M117.8M
Net Income Applicable To Common Shares(172.4M)(165.6M)(175.4M)(73.1M)(65.8M)(69.1M)
Selling And Marketing Expenses240.0M256.2M314.2M311.9M271.9M177.9M
Net Income From Continuing Ops(172.4M)(165.6M)(175.4M)(73.1M)(67.6M)(71.0M)
Non Operating Income Net Other(11.7M)(18.6M)(21.6M)(4.0M)(3.6M)(3.8M)
Tax Provision832K843K(387K)2.8M3.6M6.1M
Reconciled Depreciation37.2M45.1M48.6M52.3M47.2M42.5M

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