SYNCHRONOSS TECHNOLOGIES INCSNCREarnings & Financial Report
Synchronoss Technologies Inc develops cloud-based digital transformation, subscriber management and messaging solutions for global telecom operators and enterprise clients. Its core offerings support connectivity onboarding, IoT service enablement, with key markets spanning North America, Europe and Asia-Pacific.
SNCR Q3 FY2025 Key Financial Metrics
Revenue
$42.0M
Gross Profit
$33.3M
Operating Profit
$5.9M
Net Profit
$5.8M
Gross Margin
79.4%
Operating Margin
14.0%
Net Margin
13.8%
YoY Growth
-2.2%
EPS
$0.51
SYNCHRONOSS TECHNOLOGIES INC Q3 FY2025 Financial Summary
SYNCHRONOSS TECHNOLOGIES INC reported revenue of $42.0M (down 2.2% YoY) for Q3 FY2025, with a net profit of $5.8M (up 201.7% YoY) (13.8% margin). Cost of goods sold was $8.7M, operating expenses totaled $27.5M.
Key Financial Metrics
| Total Revenue | $42.0M |
|---|---|
| Net Profit | $5.8M |
| Gross Margin | 79.4% |
| Operating Margin | 14.0% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
SYNCHRONOSS TECHNOLOGIES INC Q3 FY2025 revenue of $42.0M breaks down across 2 segments, led by Subscription Services at $39.4M (93.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription Services | $39.4M | 93.8% |
| Professional Services | $2.6M | 6.2% |
SYNCHRONOSS TECHNOLOGIES INC Revenue by Segment — Quarterly Trend
SYNCHRONOSS TECHNOLOGIES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription Services and Professional Services) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|
| Subscription Services | $39.4M | — | — | $40.2M |
| Professional Services | $2.6M | — | — | $3.3M |
SYNCHRONOSS TECHNOLOGIES INC Annual Revenue by Year
SYNCHRONOSS TECHNOLOGIES INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $173.6M).
SYNCHRONOSS TECHNOLOGIES INC Quarterly Revenue & Net Profit History
SYNCHRONOSS TECHNOLOGIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $42.0M | -2.2% | $5.8M | 13.8% |
| Q2 FY2025 | $42.5M | -2.2% | $-19.6M | -46.1% |
| Q1 FY2025 | $42.2M | -1.8% | $-3.8M | -9.0% |
| Q4 FY2024 | $44.2M | +6.8% | $7.9M | 17.8% |
| Q3 FY2024 | $43.0M | +8.0% | $-5.7M | -13.3% |
| Q2 FY2024 | $43.5M | +5.9% | $-494.0K | -1.1% |
| Q1 FY2024 | $43.0M | +2.3% | $4.5M | 10.4% |
| Q4 FY2023 | $41.4M | +0.4% | $-32.4M | -78.4% |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $41.4M | $43.0M | $43.5M | $43.0M | $44.2M | $42.2M | $42.5M | $42.0M |
| YoY Growth | 0.4% | 2.3% | 5.9% | 8.0% | 6.8% | -1.8% | -2.2% | -2.2% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $310.3M | $298.5M | $295.7M | $299.7M | $293.8M | $293.3M | $291.4M | $278.2M |
| Liabilities | $212.4M | $203.2M | $252.6M | $251.9M | $251.6M | $245.4M | $242.0M | $222.9M |
| Equity | $26.6M | $24.0M | $30.6M | $35.3M | $29.8M | $35.4M | $49.4M | $55.4M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-407000 | $527000 | $11.3M | $3.4M | $13.1M | $293000 | $2.3M | $39.4M |