8x8 Inc (EGHT) Q1 2026 Earnings Report

In the first quarter of fiscal 2026, 8x8 Inc (EGHT) reported a significant milestone with a return to year-over-year revenue growth for the first time in nine quarters. The company achieved a total revenue of $181.4 million, reflecting strong demand across its platform and exceeding the midpoint of service revenue guidance by over $3 million. This growth was attributed to robust adoption of its Communications Platform as a Service (CPaaS) solutions and a strategic shift towards consumption-based pricing models. Despite the challenges posed by a transitioning customer base from the Fuze platform, the management expressed confidence in the company's alignment with market trends, forecasting continued growth in usage-based services that resonate with modern enterprise needs. Management emphasized the evolving landscape of customer experience where intelligent engagement models combining AI-driven tools with human interaction are becoming critical. The continued investment in innovation, particularly within AI-enabled workflows, positions 8x8 to capture significant future opportunities in the market, while also noting a strategic focus on maintaining operational discipline and cash flow generation.