8x8 Inc. Files Q3 2025 10-Q

TL;DR

8x8 Q3 2025 10-Q filed. Check financials.

AI Summary

8x8 Inc. reported its Q3 2025 results for the period ending December 31, 2024. The company's filing details its financial performance and operational updates. Specific financial figures and strategic initiatives are outlined within the report.

Why It Matters

This filing provides investors and analysts with the latest financial health and operational status of 8x8 Inc., crucial for understanding its market position and future prospects.

Risk Assessment

Risk Level: medium — 10-Q filings are standard financial reports, but the specific content can reveal risks related to revenue, expenses, or market conditions.

Key Players & Entities

• 8X8 INC /DE/ (company) — Filer
• 20241231 (date) — Period of Report
• 20250205 (date) — Filing Date
• 0001023731-25-000006 (document_id) — Accession Number
• 770142404 (irs_number) — IRS Number
• DE (state) — State of Incorporation
• 0331 (fiscal_year_end) — Fiscal Year End
• 001-38312 (sec_file_number) — SEC File Number
• 25593415 (film_number) — Film Number
• 675 CREEKSIDE WAY (street) — Business Address Street 1

FAQ

Key Financial Figures

• $0.001 — ich registered COMMON STOCK, PAR VALUE $0.001 PER SHARE EGHT Nasdaq Global Select Mar

Filing Documents

• eght-20241231.htm (10-Q) — 1273KB
• a8x8_fy25q3xex311.htm (EX-31.1) — 10KB
• a8x8_fy25q3xex312.htm (EX-31.2) — 9KB
• a8x8_fy25q3xex321.htm (EX-32.1) — 4KB
• a8x8_fy25q3xex322.htm (EX-32.2) — 4KB
• eght-20241231_g1.jpg (GRAPHIC) — 726KB
• 0001023731-25-000006.txt ( ) — 9070KB
• eght-20241231.xsd (EX-101.SCH) — 44KB
• eght-20241231_cal.xml (EX-101.CAL) — 84KB
• eght-20241231_def.xml (EX-101.DEF) — 236KB
• eght-20241231_lab.xml (EX-101.LAB) — 624KB
• eght-20241231_pre.xml (EX-101.PRE) — 450KB
• eght-20241231_htm.xml (XML) — 1070KB

Forward-Looking Statements and Risk Factors

Forward-Looking Statements and Risk Factors 2

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION 3

Financial Statements (unaudited)

Item 1. Financial Statements (unaudited): 3 Condensed Consolidated Balance Sheets 3 Condensed Consolidated Statements of Operations 4 Condensed Consolidated Statements of Comprehensive Loss 4 Condensed Consolidated Statements of Stockholders' Equity 5 Condensed Consolidated Statements of Cash Flows 6 Notes to Unaudited Condensed Consolidated Financial Statements 7

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 19

Quantitative and Qualitative Disclosures About Market Risk

Item 3. Quantitative and Qualitative Disclosures About Market Risk 29

Controls and Procedures

Item 4. Controls and Procedures 29

OTHER INFORMATION

PART II. OTHER INFORMATION 30

Legal Proceedings

Item 1. Legal Proceedings 30

Risk Factors

Item 1A. Risk Factors 30

Unregistered Sales of Equity Securities and Use of Proceeds

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 30

Defaults Upon Senior Securities

Item 3. Defaults Upon Senior Securities 30

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 30

Other Information

Item 5. Other Information 30

Exhibits

Item 6. Exhibits 31 Signature 32 1 Table of Contents

Forward-Looking Statements and Risk Factors

Forward-Looking Statements and Risk Factors the impact of economic downturns on us and our customers; the impact of cost increases and general inflationary pressures, as well as supply chain shortages and disruptions, on our operating expenses; risks related to our delayed draw term loan facility and convertible senior notes due 2028, including the impact of increa

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION

Financial Statements

ITEM 1. Financial Statements 8X8, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited, in thousands, except share and per share amounts) December 31, 2024 March 31, 2024 ASSETS Current assets: Cash and cash equivalents $ 104,165 $ 116,262 Restricted cash 462 356 Short-term investments — 1,048 Accounts receivable, net 52,312 58,979 Deferred sales commission costs 32,046 35,933 Other current assets 30,105 35,258 Total current assets 219,090 247,836 Property and equipment, net 49,228 53,181 Operating lease, right-of-use assets 32,777 35,924 Intangible assets, net 71,420 86,717 Goodwill 266,217 266,574 Restricted cash, non-current — 105 Deferred sales commission costs, non-current 45,154 52,859 Other assets, non-current 14,325 12,783 Total assets $ 698,211 $ 755,979 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 53,072 $ 48,862 Accrued and other liabilities 61,601 78,102 Operating lease liabilities 11,386 11,295 Deferred revenue 33,394 34,325 Term loan, current 16,524 — Total current liabilities 175,977 172,584 Operating lease liabilities, non-current 49,842 56,647 Deferred revenue, non-current 5,960 7,810 Convertible senior notes, non-current 198,569 197,796 Term loan 149,437 211,894 Other liabilities, non-current 5,413 7,290 Total liabilities 585,198 654,021 Commitments and contingencies (Note 7 ) Stockholders' equity: Preferred stock: $ 0.001 par value, 5,000,000 shares authorized, none issued and outstanding as of December 31, 2024 and March 31, 2024 — — Common stock: $ 0.001 par value, 300,000,000 shares authorized, 131,472,684 shares and 125,193,573 shares issued and outstanding as of December 31, 2024 and March 31, 2024, respectively 131 125 Additional paid-in capital 1,008,072 973,895 Accumulated other comprehensive loss ( 12,870 ) ( 11,553 ) Accumulated deficit ( 882,320 ) ( 860,509 ) Total stockholders' equity 113,013 101,958 Total liabilities and stockholders' equity $ 698,211 $

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View this 10-Q filing on SEC EDGAR