Quarterly ResultAug 4, 2026, 04:15 PM
8x8 Q1 FY2027 Revenue $190.2M (+5%); Non-GAAP Net Income $13.6M
AI Summary
8x8, Inc. reported a strong start to fiscal year 2027, with total revenue increasing 5% year-over-year to $190.2 million for the first quarter ended June 30, 2026. The company achieved its fifth consecutive quarter of year-over-year revenue growth, exceeding guidance for revenue, non-GAAP operating margin, and operating cash flow. Non-GAAP net income rose to $13.6 million, and cash provided by operating activities increased significantly to $17.0 million. The company highlighted accelerating adoption of its AI solutions and multi-product platform, alongside positive financial outlooks for both the second quarter and full fiscal year 2027.
Key Highlights
- Total revenue increased 5% year-over-year to $190.2 million.
- Non-GAAP net income was $13.6 million, up from $10.7 million year-over-year.
- Cash provided by operating activities grew to $17.0 million from $11.9 million.
- Usage-based revenue grew over 60% year-over-year.
- Customers using three or more paid products increased 18% year-over-year.
- Q2 FY2027 total revenue guidance set at $185 million to $190 million.
- FY2027 total revenue guidance set at $745 million to $765 million.
Price Impact
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