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

HCI Group, Inc. is the larger business by last-quarter revenue ($246.2M vs $185.1M, roughly 1.3× 8X8 INC). HCI Group, Inc. runs the higher net margin — 39.7% vs 2.8%, a 36.9% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs 3.4%). HCI Group, Inc. produced more free cash flow last quarter ($440.8M vs $19.1M). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (9.2% CAGR vs 1.6%).

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.

HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.

EGHT vs HCI — Head-to-Head

Bigger by revenue
HCI
HCI
1.3× larger
HCI
$246.2M
$185.1M
EGHT
Growing faster (revenue YoY)
HCI
HCI
+48.7% gap
HCI
52.1%
3.4%
EGHT
Higher net margin
HCI
HCI
36.9% more per $
HCI
39.7%
2.8%
EGHT
More free cash flow
HCI
HCI
$421.7M more FCF
HCI
$440.8M
$19.1M
EGHT
Faster 2-yr revenue CAGR
HCI
HCI
Annualised
HCI
9.2%
1.6%
EGHT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
EGHT
EGHT
HCI
HCI
Revenue
$185.1M
$246.2M
Net Profit
$5.1M
$97.7M
Gross Margin
63.9%
Operating Margin
5.2%
58.5%
Net Margin
2.8%
39.7%
Revenue YoY
3.4%
52.1%
Net Profit YoY
68.4%
3679.2%
EPS (diluted)
$0.04
$7.29

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
EGHT
EGHT
HCI
HCI
Q4 25
$185.1M
$246.2M
Q3 25
$184.1M
$216.3M
Q2 25
$181.4M
$221.9M
Q1 25
$177.0M
$216.4M
Q4 24
$178.9M
$161.9M
Q3 24
$181.0M
$175.3M
Q2 24
$178.1M
$206.2M
Q1 24
$179.4M
$206.6M
Net Profit
EGHT
EGHT
HCI
HCI
Q4 25
$5.1M
$97.7M
Q3 25
$767.0K
$65.5M
Q2 25
$-4.3M
$66.2M
Q1 25
$-5.4M
$69.7M
Q4 24
$3.0M
$2.6M
Q3 24
$-14.5M
$5.7M
Q2 24
$-10.3M
$54.1M
Q1 24
$-23.6M
$47.6M
Gross Margin
EGHT
EGHT
HCI
HCI
Q4 25
63.9%
Q3 25
64.8%
Q2 25
66.4%
Q1 25
67.8%
Q4 24
67.7%
Q3 24
68.1%
Q2 24
67.9%
Q1 24
68.2%
Operating Margin
EGHT
EGHT
HCI
HCI
Q4 25
5.2%
58.5%
Q3 25
2.9%
41.9%
Q2 25
0.3%
42.5%
Q1 25
0.2%
46.4%
Q4 24
5.0%
3.6%
Q3 24
4.0%
8.0%
Q2 24
-0.8%
36.9%
Q1 24
-7.9%
37.5%
Net Margin
EGHT
EGHT
HCI
HCI
Q4 25
2.8%
39.7%
Q3 25
0.4%
30.3%
Q2 25
-2.4%
29.8%
Q1 25
-3.1%
32.2%
Q4 24
1.7%
1.6%
Q3 24
-8.0%
3.2%
Q2 24
-5.8%
26.2%
Q1 24
-13.1%
23.0%
EPS (diluted)
EGHT
EGHT
HCI
HCI
Q4 25
$0.04
$7.29
Q3 25
$0.01
$4.90
Q2 25
$-0.03
$5.18
Q1 25
$-0.04
$5.35
Q4 24
$0.02
$0.32
Q3 24
$-0.11
$0.52
Q2 24
$-0.08
$4.24
Q1 24
$-0.20
$3.81

Balance Sheet & Financial Strength

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

Metric
EGHT
EGHT
HCI
HCI
Cash + ST InvestmentsLiquidity on hand
$86.9M
$1.2B
Total DebtLower is stronger
$321.2M
Stockholders' EquityBook value
$142.9M
$1.0B
Total Assets
$661.5M
$2.5B
Debt / EquityLower = less leverage
2.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EGHT
EGHT
HCI
HCI
Q4 25
$86.9M
$1.2B
Q3 25
$75.9M
$987.9M
Q2 25
$81.3M
$947.2M
Q1 25
$88.0M
$754.5M
Q4 24
$104.2M
$532.5M
Q3 24
$117.4M
$518.8M
Q2 24
$130.8M
$445.8M
Q1 24
$117.3M
$655.4M
Total Debt
EGHT
EGHT
HCI
HCI
Q4 25
$321.2M
Q3 25
$325.8M
Q2 25
$335.4M
Q1 25
$350.0M
Q4 24
$364.5M
Q3 24
$396.9M
Q2 24
Q1 24
$409.7M
Stockholders' Equity
EGHT
EGHT
HCI
HCI
Q4 25
$142.9M
$1.0B
Q3 25
$133.2M
$821.8M
Q2 25
$128.2M
$758.6M
Q1 25
$122.2M
$522.7M
Q4 24
$113.0M
$453.3M
Q3 24
$109.8M
$455.3M
Q2 24
$104.6M
$447.3M
Q1 24
$102.0M
$395.7M
Total Assets
EGHT
EGHT
HCI
HCI
Q4 25
$661.5M
$2.5B
Q3 25
$670.8M
$2.3B
Q2 25
$684.3M
$2.4B
Q1 25
$683.2M
$2.3B
Q4 24
$698.2M
$2.2B
Q3 24
$740.1M
$2.0B
Q2 24
$755.7M
$1.9B
Q1 24
$756.0M
$1.8B
Debt / Equity
EGHT
EGHT
HCI
HCI
Q4 25
2.25×
Q3 25
2.45×
Q2 25
2.62×
Q1 25
2.86×
Q4 24
3.23×
Q3 24
3.61×
Q2 24
Q1 24
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
EGHT
EGHT
HCI
HCI
Operating Cash FlowLast quarter
$20.7M
$444.4M
Free Cash FlowOCF − Capex
$19.1M
$440.8M
FCF MarginFCF / Revenue
10.3%
179.0%
Capex IntensityCapex / Revenue
0.9%
1.5%
Cash ConversionOCF / Net Profit
4.07×
4.55×
TTM Free Cash FlowTrailing 4 quarters
$43.8M
$771.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EGHT
EGHT
HCI
HCI
Q4 25
$20.7M
$444.4M
Q3 25
$8.8M
$26.7M
Q2 25
$11.9M
$145.0M
Q1 25
$5.9M
$162.0M
Q4 24
$27.2M
$331.8M
Q3 24
$12.3M
$104.1M
Q2 24
$18.1M
$-29.0M
Q1 24
$12.7M
$182.0M
Free Cash Flow
EGHT
EGHT
HCI
HCI
Q4 25
$19.1M
$440.8M
Q3 25
$7.7M
$25.9M
Q2 25
$11.5M
$144.5M
Q1 25
$5.5M
$160.3M
Q4 24
$26.8M
$327.8M
Q3 24
$11.1M
$103.2M
Q2 24
$17.8M
$-30.1M
Q1 24
$12.3M
$181.0M
FCF Margin
EGHT
EGHT
HCI
HCI
Q4 25
10.3%
179.0%
Q3 25
4.2%
12.0%
Q2 25
6.3%
65.1%
Q1 25
3.1%
74.1%
Q4 24
15.0%
202.5%
Q3 24
6.1%
58.9%
Q2 24
10.0%
-14.6%
Q1 24
6.9%
87.6%
Capex Intensity
EGHT
EGHT
HCI
HCI
Q4 25
0.9%
1.5%
Q3 25
0.6%
0.4%
Q2 25
0.2%
0.2%
Q1 25
0.2%
0.8%
Q4 24
0.3%
2.5%
Q3 24
0.7%
0.5%
Q2 24
0.2%
0.5%
Q1 24
0.2%
0.5%
Cash Conversion
EGHT
EGHT
HCI
HCI
Q4 25
4.07×
4.55×
Q3 25
11.52×
0.41×
Q2 25
2.19×
Q1 25
2.32×
Q4 24
9.01×
128.41×
Q3 24
18.33×
Q2 24
-0.54×
Q1 24
3.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EGHT
EGHT

Services$179.7M97%
Other$5.4M3%

HCI
HCI

Insurance Operation$218.3M89%
Reciprocal Exchange Operation$27.0M11%

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