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Side-by-side financial comparison of IT TECH PACKAGING, INC. (ITP) and SYNCHRONOSS TECHNOLOGIES INC (SNCR). Click either name above to swap in a different company.

SYNCHRONOSS TECHNOLOGIES INC is the larger business by last-quarter revenue ($42.0M vs $25.6M, roughly 1.6× IT TECH PACKAGING, INC.). SYNCHRONOSS TECHNOLOGIES INC runs the higher net margin — 13.8% vs -5.7%, a 19.5% gap on every dollar of revenue. On growth, IT TECH PACKAGING, INC. posted the faster year-over-year revenue change (2.1% vs -2.2%). SYNCHRONOSS TECHNOLOGIES INC produced more free cash flow last quarter ($39.0M vs $1.5M). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% CAGR vs 0.7%).

IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.

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.

ITP vs SNCR — Head-to-Head

Bigger by revenue
SNCR
SNCR
1.6× larger
SNCR
$42.0M
$25.6M
ITP
Growing faster (revenue YoY)
ITP
ITP
+4.3% gap
ITP
2.1%
-2.2%
SNCR
Higher net margin
SNCR
SNCR
19.5% more per $
SNCR
13.8%
-5.7%
ITP
More free cash flow
SNCR
SNCR
$37.5M more FCF
SNCR
$39.0M
$1.5M
ITP
Faster 2-yr revenue CAGR
ITP
ITP
Annualised
ITP
10.5%
0.7%
SNCR

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
ITP
ITP
SNCR
SNCR
Revenue
$25.6M
$42.0M
Net Profit
$-1.4M
$5.8M
Gross Margin
7.9%
79.4%
Operating Margin
-3.9%
14.0%
Net Margin
-5.7%
13.8%
Revenue YoY
2.1%
-2.2%
Net Profit YoY
26.6%
201.7%
EPS (diluted)
$-0.11
$0.51

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
ITP
ITP
SNCR
SNCR
Q3 25
$25.6M
$42.0M
Q2 25
$24.8M
$42.5M
Q1 25
$10.9M
$42.2M
Q4 24
$17.6M
$44.2M
Q3 24
$25.1M
$43.0M
Q2 24
$26.2M
$43.5M
Q1 24
$6.9M
$43.0M
Q4 23
$21.0M
$41.4M
Net Profit
ITP
ITP
SNCR
SNCR
Q3 25
$-1.4M
$5.8M
Q2 25
$-2.0M
$-19.6M
Q1 25
$-3.5M
$-3.8M
Q4 24
$-4.0M
$7.9M
Q3 24
$-2.0M
$-5.7M
Q2 24
$-77.7K
$-494.0K
Q1 24
$-3.7M
$4.5M
Q4 23
$-4.0M
$-32.4M
Gross Margin
ITP
ITP
SNCR
SNCR
Q3 25
7.9%
79.4%
Q2 25
5.1%
79.0%
Q1 25
0.8%
79.4%
Q4 24
6.3%
78.6%
Q3 24
7.6%
79.1%
Q2 24
12.4%
76.1%
Q1 24
5.8%
76.2%
Q4 23
1.2%
75.1%
Operating Margin
ITP
ITP
SNCR
SNCR
Q3 25
-3.9%
14.0%
Q2 25
-7.1%
16.1%
Q1 25
-31.0%
19.5%
Q4 24
-21.5%
16.5%
Q3 24
-5.8%
12.8%
Q2 24
2.1%
9.9%
Q1 24
-51.0%
10.7%
Q4 23
-18.1%
0.4%
Net Margin
ITP
ITP
SNCR
SNCR
Q3 25
-5.7%
13.8%
Q2 25
-7.9%
-46.1%
Q1 25
-32.2%
-9.0%
Q4 24
-22.9%
17.8%
Q3 24
-7.9%
-13.3%
Q2 24
-0.3%
-1.1%
Q1 24
-54.6%
10.4%
Q4 23
-19.0%
-78.4%
EPS (diluted)
ITP
ITP
SNCR
SNCR
Q3 25
$-0.11
$0.51
Q2 25
$-0.16
$-1.87
Q1 25
$-0.35
$-0.37
Q4 24
$-0.40
$0.75
Q3 24
$-0.20
$-0.56
Q2 24
$-0.01
$0.01
Q1 24
$-0.37
$0.23
Q4 23
$-0.40
$-3.57

Balance Sheet & Financial Strength

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

Metric
ITP
ITP
SNCR
SNCR
Cash + ST InvestmentsLiquidity on hand
$34.8M
Total DebtLower is stronger
$4.7M
$163.2M
Stockholders' EquityBook value
$152.0M
$55.4M
Total Assets
$175.7M
$278.2M
Debt / EquityLower = less leverage
0.03×
2.95×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ITP
ITP
SNCR
SNCR
Q3 25
$34.8M
Q2 25
$24.6M
Q1 25
$29.1M
Q4 24
$33.4M
Q3 24
$25.2M
Q2 24
$23.6M
Q1 24
$19.1M
Q4 23
$24.6M
Total Debt
ITP
ITP
SNCR
SNCR
Q3 25
$4.7M
$163.2M
Q2 25
$4.7M
$186.2M
Q1 25
$4.7M
$187.0M
Q4 24
$4.7M
$186.7M
Q3 24
$8.9M
$186.4M
Q2 24
$11.3M
$186.2M
Q1 24
$11.4M
$136.6M
Q4 23
$11.4M
$136.2M
Stockholders' Equity
ITP
ITP
SNCR
SNCR
Q3 25
$152.0M
$55.4M
Q2 25
$152.3M
$49.4M
Q1 25
$152.8M
$35.4M
Q4 24
$156.1M
$29.8M
Q3 24
$164.3M
$35.3M
Q2 24
$163.5M
$30.6M
Q1 24
$164.3M
$24.0M
Q4 23
$168.3M
$26.6M
Total Assets
ITP
ITP
SNCR
SNCR
Q3 25
$175.7M
$278.2M
Q2 25
$175.2M
$291.4M
Q1 25
$175.2M
$293.3M
Q4 24
$177.5M
$293.8M
Q3 24
$190.0M
$299.7M
Q2 24
$191.4M
$295.7M
Q1 24
$177.5M
$298.5M
Q4 23
$194.7M
$310.3M
Debt / Equity
ITP
ITP
SNCR
SNCR
Q3 25
0.03×
2.95×
Q2 25
0.03×
3.77×
Q1 25
0.03×
5.28×
Q4 24
0.03×
6.27×
Q3 24
0.05×
5.28×
Q2 24
0.07×
6.08×
Q1 24
0.07×
5.70×
Q4 23
0.07×
5.11×

Cash Flow & Capital Efficiency

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

Metric
ITP
ITP
SNCR
SNCR
Operating Cash FlowLast quarter
$1.5M
$39.4M
Free Cash FlowOCF − Capex
$1.5M
$39.0M
FCF MarginFCF / Revenue
5.9%
92.9%
Capex IntensityCapex / Revenue
0.0%
0.9%
Cash ConversionOCF / Net Profit
6.77×
TTM Free Cash FlowTrailing 4 quarters
$3.8M
$53.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ITP
ITP
SNCR
SNCR
Q3 25
$1.5M
$39.4M
Q2 25
$1.4M
$2.3M
Q1 25
$-2.5M
$293.0K
Q4 24
$3.5M
$13.1M
Q3 24
$1.5M
$3.4M
Q2 24
$721.9K
$11.3M
Q1 24
$624.4K
$527.0K
Q4 23
$5.4M
$-407.0K
Free Cash Flow
ITP
ITP
SNCR
SNCR
Q3 25
$1.5M
$39.0M
Q2 25
$1.3M
$2.0M
Q1 25
$-2.5M
$-31.0K
Q4 24
$3.5M
$12.2M
Q3 24
$1.2M
$3.2M
Q2 24
$668.3K
$10.9M
Q1 24
$615.4K
$10.0K
Q4 23
$-7.7M
$-480.0K
FCF Margin
ITP
ITP
SNCR
SNCR
Q3 25
5.9%
92.9%
Q2 25
5.4%
4.6%
Q1 25
-22.8%
-0.1%
Q4 24
19.6%
27.6%
Q3 24
4.9%
7.5%
Q2 24
2.5%
25.2%
Q1 24
9.0%
0.0%
Q4 23
-36.7%
-1.2%
Capex Intensity
ITP
ITP
SNCR
SNCR
Q3 25
0.0%
0.9%
Q2 25
0.1%
0.8%
Q1 25
0.1%
0.8%
Q4 24
0.1%
1.9%
Q3 24
1.0%
0.3%
Q2 24
0.2%
0.9%
Q1 24
0.1%
1.2%
Q4 23
62.4%
0.2%
Cash Conversion
ITP
ITP
SNCR
SNCR
Q3 25
6.77×
Q2 25
Q1 25
Q4 24
1.66×
Q3 24
Q2 24
Q1 24
0.12×
Q4 23

Financial Flow Comparison

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

Revenue Breakdown by Segment

ITP
ITP

Segment breakdown not available.

SNCR
SNCR

Subscription Services$39.4M94%
Professional Services$2.6M6%

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