8X8 INC /DE/ vs Instructure Holdings, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q4 2025
Summary Verdict
EGHT: 4—INST: 1wins
Rule of 40
10.3EGHT
-14.4INST
check_circleEGHT leads
Revenue Growth
2.0%EGHT
33.4%INST
check_circleINST leads
Gross Margin
66%EGHT
65%INST
check_circleEGHT leads
FCF Margin
8.3%EGHT
-47.8%INST
check_circleEGHT leads
Operating Margin
3.4%EGHT
-2.3%INST
check_circleEGHT leads
NRR
—EGHT
—INST
Metric
Rule of 40Efficiency score
EGHT
10.3check_circle
INST
-14.4
Revenue GrowthYoY
EGHT
2.0%
INST
33.4%check_circle
Gross Margin% of revenue
EGHT
66%check_circle
INST
65%
FCF MarginFree cash flow
EGHT
8.3%check_circle
INST
-47.8%
Operating MarginGAAP
EGHT
3.4%check_circle
INST
-2.3%
NRRNet retention
EGHT
N/A
INST
N/A
EV / RevenueValuation multiple
EGHT
N/A
INST
5.9x
Market CapUSD
EGHT
N/A
INST
$3.5B
ARR GrowthYoY
EGHT
N/A
INST
N/A
CAC PaybackMonths to recover
EGHT
N/A
INST
N/A
insights
Analysis
As of Q4 2025, 8X8 INC /DE/ trades at N/A EV/Revenue versus Instructure Holdings, Inc. at 5.9x. On the Rule of 40, 8X8 INC /DE/ scores 10.3 compared to Instructure Holdings, Inc.'s -14.4, placing 8X8 INC /DE/ ahead in operating efficiency. Gross margins stand at 8X8 INC /DE/ 66% vs Instructure Holdings, Inc. 65%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.