8X8 Inc. /DE/ (EGHT) intrinsic value & 10-year financials
8X8 Inc. /DE/ (EGHT) has a Graham intrinsic value of $0.29 per share. At $1.94 on Oct 17, 2026, the stock trades 569% above that value. Over the last 10 fiscal years revenue grew 12.6% a year to $735.8M, with an average return on invested capital of -21.2%.
- Graham intrinsic value
- $0.29
- Share price (Oct 17, 2026)
- $1.94
- Price vs Graham value
- 569% above
- Market cap
- $276.7M
- Revenue (FY2026)
- $735.8M
- Revenue growth (10-yr CAGR)
- 12.6%
- ROIC (10-yr avg)
- -21.2%
- Free cash flow (FY2026)
- $52.1M
EGHT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $735.8M | $1.6M | $0.01 | $52.1M | 2.6% | 2.2% |
| FY2025 | $715.1M | -$27.2M | -$0.21 | $61.2M | 2.1% | 3.4% |
| FY2024 | $728.7M | -$67.6M | -$0.56 | $76.3M | -3.8% | -10.9% |
| FY2023 | $743.9M | -$73.1M | -$0.63 | $45.8M | -8.9% | -19.9% |
| FY2022 | $638.1M | -$175.4M | -$1.55 | $30.5M | -24.2% | -29.2% |
| FY2021 | $532.3M | -$165.6M | -$1.57 | -$20.5M | -27.5% | -33.4% |
| FY2020 | $446.2M | -$172.4M | -$1.72 | -$129.7M | -35.8% | -51.0% |
| FY2019 | $352.6M | -$88.7M | — | -$24.0M | -25.8% | -48.4% |
| FY2018 | $296.5M | -$104.5M | -$1.14 | $12.9M | -14.1% | -22.4% |
| FY2017 | $253.4M | -$4.8M | -$0.05 | $19.6M | -2.6% | -2.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
8X8 INC /DE/ is a consistent compounder, expanding top-line revenue at 12.6% annually over the past decade.
8X8 INC /DE/ has historically struggled to out-earn its cost of capital, averaging just -23.3% ROIC.
8X8 INC /DE/ has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, 8X8 INC /DE/ is modeled at 12.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.29 per share.