NYSE$EGHT

8x8 Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Reported solid results with service revenue, total revenue, and non-GAAP operating margin all within guidance ranges.

8x8, Inc. reported its Q1 fiscal year 2025 financial results, with a total revenue of $178.1 million and service revenue of $172.8 million. The company saw a GAAP operating loss of $1.4 million and a GAAP net loss of $10.3 million. Non-GAAP operating profit was $20.1 million, and non-GAAP net income was $10.4 million. Adjusted EBITDA was $25.8 million.

  • Total revenue reached $178.1 million, slightly down from $183.3 million in Q1 2024.
  • Service revenue stood at $172.8 million, compared to $175.2 million in the same quarter last year.
  • GAAP operating loss remained consistent at $1.4 million year-over-year.
  • Non-GAAP operating profit was $20.1 million, a decrease from $26.4 million in Q1 2024.

Headline financials

Total Revenue

$178M

Previous: $183M-2.8%
EPS

-$0.08

Previous: $0.13-161.5%
Non-GAAP Operating Margin

11.3%

No prior period
Capital Expenditures

-$382K

Previous: -$186K-105.4%
Free Cash Flow

-$10.7M

Previous: -$15.5M+31.2%
Net Income

-$10.3M

Previous: -$15.3M+32.9%
Operating Income

-$1.37M

Previous: -$1.41M+2.6%
Gross Profit

$121M

Previous: $129M-6.0%
Cash & Equivalents

$131M

Previous: $122M+7.0%
Total Assets

$756M

Previous: $828M-8.8%
R&D Expense

$32.1M

No prior period
Stock-Based Comp

$12.8M

Previous: $18.2M-29.6%

Revenue & EPS history

8x8 · Revenue · Quarterly

$178M

Q1 2025-2.8%vs Q1 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

8x8 · $185M total across 2 segments · Q2 2024

  • Service Revenue
    $178M
  • Other Revenue
    $7.22M

Forward guidance

For Q2 2025, 8x8 anticipates service revenue between $170 million and $174 million, total revenue between $175 million and $181 million, and a non-GAAP operating margin of approximately 10% to 11%. For the full fiscal year 2025, the company projects service revenue between $685 million and $707 million, total revenue between $710 million and $732 million, and a non-GAAP operating margin of 10% to 11%.

Tailwinds

  • Service revenue is projected to be in the range of $170 million to $174 million for Q2 2025.
  • Total revenue is expected to be in the range of $175 million to $181 million for Q2 2025.
  • Non-GAAP operating margin is anticipated to be approximately 10% to 11% for Q2 2025.
  • Service revenue is projected to be in the range of $685 million to $707 million for fiscal year 2025.
  • Total revenue is expected to be in the range of $710 million to $732 million for fiscal year 2025.

Headwinds

  • The company's expectations are subject to various cautionary factors.
  • Projections are made on a non-GAAP basis.
  • Increased emphasis on profitability and cash flow generation may not be successful.
  • Reduction in total costs as a percentage of revenue may negatively impact revenue and business in ways not anticipated.
  • The company does not reconcile its forward-looking estimates of non-GAAP operating margin to the corresponding GAAP measure due to the significant variability and difficulty in making accurate forecasts.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.6%

Avg return

Earnings day

+0.6%

Avg return

5 days after

+2.5%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+38.7%

Q3 2026

Best reaction

-29.0%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+4.8%+6.6%+47.0%
Q3 2026+38.7%+62.0%+51.8%
Q2 2026+25.3%+11.3%+14.7%
Q1 2026-7.4%-8.4%+8.4%
Q4 2025+0.0%-11.7%+2.2%
Q3 2025-5.3%+0.7%-19.0%
Q2 2025+25.0%+35.5%+41.8%
Q1 2025-24.5%-30.8%-30.4%
Q4 2024+10.7%+18.8%+11.1%
Q3 2024-16.6%-23.9%-20.8%
Q2 2024+31.1%+26.1%+36.6%
Q1 2024-29.0%-24.5%-42.6%
Q4 2023-3.7%-3.4%+20.4%
Q3 2023+35.5%+26.8%+19.1%
Q2 2023+20.1%+22.1%+25.0%
Q1 2023+5.7%+0.0%-2.6%
Q4 2022-2.9%+2.9%-16.0%
Q3 2022-9.1%-6.4%-24.1%
Q2 2022-5.7%-3.3%-21.2%
Q1 2022-0.9%-1.6%-2.0%
Q4 2021-13.0%-15.4%-15.9%
Q3 2021-3.3%-4.8%-6.2%
Q2 2021+9.4%+4.1%+22.1%
Q1 2021-7.0%-4.0%-0.3%
Q4 2020-24.4%-22.8%-28.6%
Q3 2020+7.8%+3.4%-9.5%
Q2 2020-0.5%-0.6%+5.7%
Q1 2020-6.0%-7.8%-4.8%
Q4 2019-4.5%+0.8%+5.1%
Q3 2019-9.3%-8.0%+1.2%
Q2 2019-0.7%+7.5%+13.2%
Q1 2019-5.5%-9.1%+3.4%
Q4 2018-14.3%-16.6%-9.5%
Q3 2018+13.4%+14.4%+18.5%
Q2 2018+5.2%+6.8%+12.8%
Q1 2018-11.5%-9.8%-8.7%
Q4 2017+3.1%+3.8%+15.3%
Q3 2017-1.8%-4.2%-2.1%
Q2 2017-6.2%-7.5%-1.3%
Q1 2017-0.8%-4.1%-10.9%
Q4 2016+6.1%
Q3 2016+13.4%
Q2 2016+9.5%
Q1 2016+4.4%
Q4 2015-0.1%
Q3 2015-6.1%
Q2 2015+12.2%
Q1 2015-4.6%
Q4 2014-7.0%
Q3 2014-2.3%
Q2 2014-2.6%
Q1 2014+9.3%
Q4 2013+5.3%
Q3 2013-8.4%
Q2 2013+3.8%
Q1 2013+14.2%
Q4 2010-0.5%
Q3 2011+1.4%
Q3 2012+1.4%
Q2 2012+0.3%
Q1 2011-7.5%
Q4 2011-7.5%
Q2 2011-7.5%
Q1 2012-7.5%

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