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8X8 Inc. /DE/ (EGHT) Fundamental Analysis & AI Grade 2026

EGHT Nasdaq Services-Computer Processing & Data Preparation DE CIK: 0001023731
Updated This Month • Analysis: May 23, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
78% Confidence
STRONG AGREEMENT
C
78% Conf
C
77% Conf

📊 EGHT Key Takeaways

Revenue: $735.8M
Net Margin: 0.2%
Free Cash Flow: $52.1M
Current Ratio: 1.09x
Debt/Equity: 2.19x
EPS: $0.01
AI Grade: C with 78% confidence
8X8 Inc. /DE/ (EGHT) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $735.8M, net profit margin of 0.2%, and return on equity (ROE) of 1.1%, 8X8 Inc. /DE/ demonstrates mixed fundamentals in the Technology sector. Below is our complete EGHT stock analysis for 2026.

Is 8X8 Inc. /DE/ (EGHT) a Good Investment?

Claude

8X8 generates healthy gross margins (64.6%) and positive free cash flow, but operates under severe financial stress with interest coverage of 1.0x—barely covering debt service from operating income. Razor-thin net margins (0.2%) and high leverage (2.19x D/E) paired with anemic 2.9% revenue growth leave minimal buffer for operational decline or refinancing risk.

ChatGPT

8x8 has improved to marginal profitability and generates positive free cash flow, which shows some operational stabilization. However, declining revenue, very thin operating and net margins, and heavy leverage with weak interest coverage materially limit financial flexibility. The fundamentals suggest a fragile turnaround rather than a durable high-quality growth profile.

8X8 Inc. /DE/ Key Strengths (EGHT)

Claude
  • + Gross margin of 64.6% demonstrates strong pricing power and product-market fit in core services
  • + Positive free cash flow of 52.1M enables debt service despite minimal net profitability
  • + Net income growth of 106% YoY shows recent operational improvements from low base of 0.8M
ChatGPT
  • + Positive free cash flow generation with a 7.0% FCF margin
  • + Gross margin of 65.0% indicates an attractive underlying software/services model
  • + Return to positive operating income and net income signals improved cost discipline

EGHT Stock Risks: 8X8 Inc. /DE/ Investment Risks

Claude
  • ! Interest coverage ratio of 1.0x is critical red flag—operating income barely covers interest expense with zero margin for operational decline
  • ! Operating margin of 2.6% and net margin of 0.2% reflect severe profitability weakness and operational inefficiency
  • ! High debt burden of 321.5M against 146.6M equity (2.19x D/E) with weak revenue growth (2.9%) creates acute refinancing risk if rates elevated
ChatGPT
  • ! Revenue declined 1.9% year over year, pointing to weak top-line momentum
  • ! Debt/equity of 2.25x and interest coverage of 1.1x indicate elevated balance-sheet risk
  • ! Net margin of 0.3% leaves little cushion against execution issues or macro pressure

Key Metrics to Watch

Claude
  • * Interest coverage ratio—any decline signals immediate refinancing pressure
  • * Operating margin expansion—must exceed 2.6% to build financial flexibility
  • * Revenue growth acceleration—current 2.9% insufficient to support debt load; 8%+ needed for deleveraging
ChatGPT
  • * Revenue growth and customer retention/expansion trends
  • * Interest coverage and debt reduction progress

8X8 Inc. /DE/ (EGHT) Financial Metrics & Key Ratios

Revenue
$735.8M
Net Income
$1.6M
EPS (Diluted)
$0.01
Free Cash Flow
$52.1M
Total Assets
$662.8M
Cash Position
$93.3M

💡 AI Analyst Insight

8X8 Inc. /DE/ presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

EGHT Profit Margin, ROE & Profitability Analysis

Gross Margin 64.6%
Operating Margin 2.6%
Net Margin 0.2%
ROE 1.1%
ROA 0.2%
FCF Margin 7.1%

EGHT vs Technology Sector: How 8X8 Inc. /DE/ Compares

How 8X8 Inc. /DE/ compares to Technology sector averages

Net Margin
EGHT 0.2%
vs
Sector Avg 18.0%
EGHT Sector
ROE
EGHT 1.1%
vs
Sector Avg 22.0%
EGHT Sector
Current Ratio
EGHT 1.1x
vs
Sector Avg 2.5x
EGHT Sector
Debt/Equity
EGHT 2.2x
vs
Sector Avg 0.5x
EGHT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is 8X8 Inc. /DE/ Stock Overvalued? EGHT Valuation Analysis 2026

Based on fundamental analysis, 8X8 Inc. /DE/ shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
1.1%
Sector avg: 22%
Net Profit Margin
0.2%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
2.19x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

8X8 Inc. /DE/ Balance Sheet: EGHT Debt, Cash & Liquidity

Current Ratio
1.09x
Quick Ratio
1.08x
Debt/Equity
2.19x
Debt/Assets
77.9%
Interest Coverage
1.01x
Long-term Debt
$321.5M

EGHT Revenue & Earnings Growth: 5-Year Financial Trend

EGHT 5-year financial data: Year 2022: Revenue $638.1M, Net Income -$172.4M, EPS $-1.72. Year 2023: Revenue $743.9M, Net Income -$165.6M, EPS $-1.57. Year 2024: Revenue $743.9M, Net Income -$175.4M, EPS $-1.55. Year 2025: Revenue $743.9M, Net Income -$73.1M, EPS $-0.63. Year 2026: Revenue $735.8M, Net Income -$67.6M, EPS $-0.56.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: 8X8 Inc. /DE/'s revenue has grown significantly by 15% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.56 indicates the company is currently unprofitable.

EGHT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
7.1%
Free cash flow / Revenue

EGHT Quarterly Earnings & Performance

Quarterly financial performance data for 8X8 Inc. /DE/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $178.9M $767.0K $0.01
Q2 2026 $181.0M $767.0K $0.01
Q1 2026 $178.1M -$4.3M $-0.03
Q3 2025 $178.9M $3.0M $0.02
Q2 2025 $181.0M -$7.5M $-0.06
Q1 2025 $178.1M -$10.3M $-0.08
Q3 2024 $181.0M -$7.5M $-0.17
Q2 2024 $185.0M -$7.5M $-0.06

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

8X8 Inc. /DE/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$55.8M
Cash generated from operations
Stock Buybacks
$1.8M
Shares repurchased (TTM)
Capital Expenditures
$3.7M
Investment in assets
Dividends
None
No dividend program

EGHT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for 8X8 Inc. /DE/ (CIK: 0001023731)

📋 Recent SEC Filings

Date Form Document Action
Jun 9, 2026 4 xslF345X06/wk-form4_1781038123.xml View →
Jun 9, 2026 4 xslF345X06/wk-form4_1781038091.xml View →
Jun 9, 2026 4 xslF345X06/wk-form4_1781038061.xml View →
Jun 9, 2026 4 xslF345X06/wk-form4_1781038033.xml View →
Jun 9, 2026 4 xslF345X06/wk-form4_1781038003.xml View →

Frequently Asked Questions about EGHT

What is the AI rating for EGHT?

8X8 Inc. /DE/ (EGHT) has a Combined AI Grade of C from Claude (C) and ChatGPT (C) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are EGHT's key strengths?

Claude: Gross margin of 64.6% demonstrates strong pricing power and product-market fit in core services. Positive free cash flow of 52.1M enables debt service despite minimal net profitability. ChatGPT: Positive free cash flow generation with a 7.0% FCF margin. Gross margin of 65.0% indicates an attractive underlying software/services model.

What are the risks of investing in EGHT?

Claude: Interest coverage ratio of 1.0x is critical red flag—operating income barely covers interest expense with zero margin for operational decline. Operating margin of 2.6% and net margin of 0.2% reflect severe profitability weakness and operational inefficiency. ChatGPT: Revenue declined 1.9% year over year, pointing to weak top-line momentum. Debt/equity of 2.25x and interest coverage of 1.1x indicate elevated balance-sheet risk.

What is EGHT's revenue and growth?

8X8 Inc. /DE/ reported revenue of $735.8M.

Does EGHT pay dividends?

8X8 Inc. /DE/ does not currently pay dividends.

Where can I find EGHT SEC filings?

Official SEC filings for 8X8 Inc. /DE/ (CIK: 0001023731) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is EGHT's EPS?

8X8 Inc. /DE/ has a diluted EPS of $0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is EGHT's fundamental grade?

Based on our AI fundamental analysis in June 2026, 8X8 Inc. /DE/ has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is EGHT stock overvalued or undervalued?

Valuation metrics for EGHT: ROE of 1.1% (sector avg: 22%), net margin of 0.2% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is EGHT's AI grade for 2026?

Our dual AI analysis gives 8X8 Inc. /DE/ a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is EGHT's free cash flow?

8X8 Inc. /DE/'s operating cash flow is $55.8M, with capital expenditures of $3.7M. FCF margin is 7.1%.

How does EGHT compare to other Technology stocks?

Vs Technology sector averages: Net margin 0.2% (avg: 18%), ROE 1.1% (avg: 22%), current ratio 1.09 (avg: 2.5).

Is 8X8 Inc. /DE/ carrying too much debt?

EGHT has a debt-to-equity ratio of 2.19x, which is above the Technology sector average of 0.5x. However, the current ratio of 1.09 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 23, 2026 | Data as of: 2026-03-31 | Powered by Claude AI