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Side-by-side financial comparison of Alphatec Holdings, Inc. (ATEC) and 8X8 INC (EGHT). Click either name above to swap in a different company.

Alphatec Holdings, Inc. is the larger business by last-quarter revenue ($212.9M vs $185.1M, roughly 1.2× 8X8 INC). 8X8 INC runs the higher net margin — 2.8% vs -10.2%, a 13.0% gap on every dollar of revenue. On growth, Alphatec Holdings, Inc. posted the faster year-over-year revenue change (20.4% vs 3.4%). 8X8 INC produced more free cash flow last quarter ($19.1M vs $7.7M). Over the past eight quarters, Alphatec Holdings, Inc.'s revenue compounded faster (24.0% CAGR vs 1.6%).

Alphatec Holdings, Inc. is a global medical technology company specializing in spinal surgery solutions. It designs, develops and markets spinal implants, surgical instruments and digital surgery platforms for orthopedic and neurosurgical procedures, serving providers across North America, Europe and core Asia-Pacific markets, addressing degeneration, deformity and trauma spinal pathologies.

8x8, Inc. is an American provider of cloud communications and customer experience software for businesses. The company offers unified communications, contact center, and communications platform as a service (CPaaS) delivered via a cloud-based architecture. 8x8 is headquartered in Campbell, California. Its common stock trades on the Nasdaq under the ticker symbol EGHT, and the company is led by Samuel Wilson.

ATEC vs EGHT — Head-to-Head

Bigger by revenue
ATEC
ATEC
1.2× larger
ATEC
$212.9M
$185.1M
EGHT
Growing faster (revenue YoY)
ATEC
ATEC
+17.0% gap
ATEC
20.4%
3.4%
EGHT
Higher net margin
EGHT
EGHT
13.0% more per $
EGHT
2.8%
-10.2%
ATEC
More free cash flow
EGHT
EGHT
$11.4M more FCF
EGHT
$19.1M
$7.7M
ATEC
Faster 2-yr revenue CAGR
ATEC
ATEC
Annualised
ATEC
24.0%
1.6%
EGHT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
ATEC
ATEC
EGHT
EGHT
Revenue
$212.9M
$185.1M
Net Profit
$-21.7M
$5.1M
Gross Margin
70.2%
63.9%
Operating Margin
-4.1%
5.2%
Net Margin
-10.2%
2.8%
Revenue YoY
20.4%
3.4%
Net Profit YoY
34.8%
68.4%
EPS (diluted)
$-0.15
$0.04

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATEC
ATEC
EGHT
EGHT
Q4 25
$212.9M
$185.1M
Q3 25
$196.5M
$184.1M
Q2 25
$185.5M
$181.4M
Q1 25
$169.2M
$177.0M
Q4 24
$176.8M
$178.9M
Q3 24
$150.7M
$181.0M
Q2 24
$145.6M
$178.1M
Q1 24
$138.5M
$179.4M
Net Profit
ATEC
ATEC
EGHT
EGHT
Q4 25
$-21.7M
$5.1M
Q3 25
$-28.6M
$767.0K
Q2 25
$-41.1M
$-4.3M
Q1 25
$-51.9M
$-5.4M
Q4 24
$-33.3M
$3.0M
Q3 24
$-39.6M
$-14.5M
Q2 24
$-40.7M
$-10.3M
Q1 24
$-48.5M
$-23.6M
Gross Margin
ATEC
ATEC
EGHT
EGHT
Q4 25
70.2%
63.9%
Q3 25
69.9%
64.8%
Q2 25
69.6%
66.4%
Q1 25
68.6%
67.8%
Q4 24
68.8%
67.7%
Q3 24
68.2%
68.1%
Q2 24
70.5%
67.9%
Q1 24
70.3%
68.2%
Operating Margin
ATEC
ATEC
EGHT
EGHT
Q4 25
-4.1%
5.2%
Q3 25
-8.1%
2.9%
Q2 25
-7.1%
0.3%
Q1 25
-26.2%
0.2%
Q4 24
-13.5%
5.0%
Q3 24
-22.4%
4.0%
Q2 24
-24.3%
-0.8%
Q1 24
-31.3%
-7.9%
Net Margin
ATEC
ATEC
EGHT
EGHT
Q4 25
-10.2%
2.8%
Q3 25
-14.5%
0.4%
Q2 25
-22.2%
-2.4%
Q1 25
-30.7%
-3.1%
Q4 24
-18.9%
1.7%
Q3 24
-26.3%
-8.0%
Q2 24
-27.9%
-5.8%
Q1 24
-35.0%
-13.1%
EPS (diluted)
ATEC
ATEC
EGHT
EGHT
Q4 25
$-0.15
$0.04
Q3 25
$-0.19
$0.01
Q2 25
$-0.27
$-0.03
Q1 25
$-0.35
$-0.04
Q4 24
$-0.22
$0.02
Q3 24
$-0.28
$-0.11
Q2 24
$-0.29
$-0.08
Q1 24
$-0.34
$-0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATEC
ATEC
EGHT
EGHT
Cash + ST InvestmentsLiquidity on hand
$160.8M
$86.9M
Total DebtLower is stronger
$565.9M
$321.2M
Stockholders' EquityBook value
$12.4M
$142.9M
Total Assets
$791.2M
$661.5M
Debt / EquityLower = less leverage
45.54×
2.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATEC
ATEC
EGHT
EGHT
Q4 25
$160.8M
$86.9M
Q3 25
$155.7M
$75.9M
Q2 25
$157.1M
$81.3M
Q1 25
$153.2M
$88.0M
Q4 24
$138.8M
$104.2M
Q3 24
$81.0M
$117.4M
Q2 24
$99.8M
$130.8M
Q1 24
$144.1M
$117.3M
Total Debt
ATEC
ATEC
EGHT
EGHT
Q4 25
$565.9M
$321.2M
Q3 25
$559.7M
$325.8M
Q2 25
$553.9M
$335.4M
Q1 25
$548.4M
$350.0M
Q4 24
$576.2M
$364.5M
Q3 24
$527.7M
$396.9M
Q2 24
$519.2M
Q1 24
$514.4M
$409.7M
Stockholders' Equity
ATEC
ATEC
EGHT
EGHT
Q4 25
$12.4M
$142.9M
Q3 25
$11.5M
$133.2M
Q2 25
$23.8M
$128.2M
Q1 25
$-85.9M
$122.2M
Q4 24
$-14.2M
$113.0M
Q3 24
$-1.4M
$109.8M
Q2 24
$17.1M
$104.6M
Q1 24
$37.6M
$102.0M
Total Assets
ATEC
ATEC
EGHT
EGHT
Q4 25
$791.2M
$661.5M
Q3 25
$787.2M
$670.8M
Q2 25
$790.3M
$684.3M
Q1 25
$785.5M
$683.2M
Q4 24
$775.7M
$698.2M
Q3 24
$745.9M
$740.1M
Q2 24
$768.6M
$755.7M
Q1 24
$774.6M
$756.0M
Debt / Equity
ATEC
ATEC
EGHT
EGHT
Q4 25
45.54×
2.25×
Q3 25
48.64×
2.45×
Q2 25
23.30×
2.62×
Q1 25
2.86×
Q4 24
3.23×
Q3 24
3.61×
Q2 24
30.34×
Q1 24
13.70×
4.02×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATEC
ATEC
EGHT
EGHT
Operating Cash FlowLast quarter
$20.7M
$20.7M
Free Cash FlowOCF − Capex
$7.7M
$19.1M
FCF MarginFCF / Revenue
3.6%
10.3%
Capex IntensityCapex / Revenue
6.1%
0.9%
Cash ConversionOCF / Net Profit
4.07×
TTM Free Cash FlowTrailing 4 quarters
$2.8M
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATEC
ATEC
EGHT
EGHT
Q4 25
$20.7M
$20.7M
Q3 25
$14.0M
$8.8M
Q2 25
$15.5M
$11.9M
Q1 25
$-5.0M
$5.9M
Q4 24
$10.5M
$27.2M
Q3 24
$-5.3M
$12.3M
Q2 24
$-11.4M
$18.1M
Q1 24
$-38.4M
$12.7M
Free Cash Flow
ATEC
ATEC
EGHT
EGHT
Q4 25
$7.7M
$19.1M
Q3 25
$4.8M
$7.7M
Q2 25
$5.2M
$11.5M
Q1 25
$-15.0M
$5.5M
Q4 24
$8.5M
$26.8M
Q3 24
$-21.2M
$11.1M
Q2 24
$-45.5M
$17.8M
Q1 24
$-69.8M
$12.3M
FCF Margin
ATEC
ATEC
EGHT
EGHT
Q4 25
3.6%
10.3%
Q3 25
2.4%
4.2%
Q2 25
2.8%
6.3%
Q1 25
-8.9%
3.1%
Q4 24
4.8%
15.0%
Q3 24
-14.1%
6.1%
Q2 24
-31.3%
10.0%
Q1 24
-50.4%
6.9%
Capex Intensity
ATEC
ATEC
EGHT
EGHT
Q4 25
6.1%
0.9%
Q3 25
4.7%
0.6%
Q2 25
5.6%
0.2%
Q1 25
5.9%
0.2%
Q4 24
1.1%
0.3%
Q3 24
10.5%
0.7%
Q2 24
23.4%
0.2%
Q1 24
22.6%
0.2%
Cash Conversion
ATEC
ATEC
EGHT
EGHT
Q4 25
4.07×
Q3 25
11.52×
Q2 25
Q1 25
Q4 24
9.01×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATEC
ATEC

Segment breakdown not available.

EGHT
EGHT

Services$179.7M97%
Other$5.4M3%

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