Quarterly ResultMay 19, 2026, 04:13 PM
8x8 Reports Q4 & FY2026 GAAP Profitability; Revenue Up
AI Summary
8x8, Inc. announced its financial results for the fourth quarter and fiscal year ended March 31, 2026, achieving GAAP profitability for both periods. The company reported record service revenue for the quarter and full year, with four consecutive quarters of year-over-year revenue growth. Strategic initiatives included the introduction of AI Studio and the general availability of 8x8 Engage, alongside significant debt reduction.
Key Highlights
- FY2026 GAAP net income was $1.6 million, compared to a net loss of $27.2 million in FY2025.
- FY2026 total revenue increased 3% to $735.8 million, with service revenue up 3% to $715.3 million.
- Q4 FY2026 total revenue increased 5% to $185.2 million, with service revenue up 5% to $180.2 million.
- Fiscal 2026 usage-based revenue grew over 50% YoY; Q4 usage-based revenue grew over 70% YoY.
- Total principal debt outstanding reduced to $323.9 million on March 31, 2026, from $353.9 million in FY2025.
- Q1 FY2027 service revenue guidance is $175 million to $180 million, with total revenue $180 million to $185 million.
- FY2027 service revenue guidance is $707 million to $727 million, with total revenue $727 million to $747 million.
- Cash provided by operating activities was $55.8 million for FY2026 and $14.4 million for Q4 FY2026.
Price Impact
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