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Side-by-side financial comparison of SYNCHRONOSS TECHNOLOGIES INC (SNCR) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

Target Hospitality Corp. is the larger business by last-quarter revenue ($73.5M vs $42.0M, roughly 1.7× SYNCHRONOSS TECHNOLOGIES INC). SYNCHRONOSS TECHNOLOGIES INC runs the higher net margin — 13.8% vs -20.3%, a 34.2% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs -2.2%). Over the past eight quarters, Target Hospitality Corp.'s revenue compounded faster (0.7% CAGR vs 0.7%).

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.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

SNCR vs TH — Head-to-Head

Bigger by revenue
TH
TH
1.7× larger
TH
$73.5M
$42.0M
SNCR
Growing faster (revenue YoY)
TH
TH
+24.2% gap
TH
22.0%
-2.2%
SNCR
Higher net margin
SNCR
SNCR
34.2% more per $
SNCR
13.8%
-20.3%
TH
Faster 2-yr revenue CAGR
TH
TH
Annualised
TH
0.7%
0.7%
SNCR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SNCR
SNCR
TH
TH
Revenue
$42.0M
$73.5M
Net Profit
$5.8M
$-14.9M
Gross Margin
79.4%
9.6%
Operating Margin
14.0%
-22.9%
Net Margin
13.8%
-20.3%
Revenue YoY
-2.2%
22.0%
Net Profit YoY
201.7%
-219.1%
EPS (diluted)
$0.51
$-0.14

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
SNCR
SNCR
TH
TH
Q4 25
$73.5M
Q3 25
$42.0M
$91.6M
Q2 25
$42.5M
$54.9M
Q1 25
$42.2M
$54.9M
Q4 24
$44.2M
$60.2M
Q3 24
$43.0M
$65.8M
Q2 24
$43.5M
$67.5M
Q1 24
$43.0M
$72.4M
Net Profit
SNCR
SNCR
TH
TH
Q4 25
$-14.9M
Q3 25
$5.8M
$-795.0K
Q2 25
$-19.6M
$-14.9M
Q1 25
$-3.8M
$-6.5M
Q4 24
$7.9M
$12.5M
Q3 24
$-5.7M
$20.0M
Q2 24
$-494.0K
$18.4M
Q1 24
$4.5M
$20.4M
Gross Margin
SNCR
SNCR
TH
TH
Q4 25
9.6%
Q3 25
79.4%
19.6%
Q2 25
79.0%
-0.6%
Q1 25
79.4%
32.7%
Q4 24
78.6%
61.5%
Q3 24
79.1%
68.7%
Q2 24
76.1%
69.4%
Q1 24
76.2%
67.8%
Operating Margin
SNCR
SNCR
TH
TH
Q4 25
-22.9%
Q3 25
14.0%
0.1%
Q2 25
16.1%
-30.8%
Q1 25
19.5%
-2.0%
Q4 24
16.5%
34.5%
Q3 24
12.8%
42.5%
Q2 24
9.9%
43.8%
Q1 24
10.7%
42.0%
Net Margin
SNCR
SNCR
TH
TH
Q4 25
-20.3%
Q3 25
13.8%
-0.9%
Q2 25
-46.1%
-27.2%
Q1 25
-9.0%
-11.8%
Q4 24
17.8%
20.8%
Q3 24
-13.3%
30.4%
Q2 24
-1.1%
27.2%
Q1 24
10.4%
28.2%
EPS (diluted)
SNCR
SNCR
TH
TH
Q4 25
$-0.14
Q3 25
$0.51
$-0.01
Q2 25
$-1.87
$-0.15
Q1 25
$-0.37
$-0.07
Q4 24
$0.75
$0.12
Q3 24
$-0.56
$0.20
Q2 24
$0.01
$0.18
Q1 24
$0.23
$0.20

Balance Sheet & Financial Strength

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

Metric
SNCR
SNCR
TH
TH
Cash + ST InvestmentsLiquidity on hand
$34.8M
$8.3M
Total DebtLower is stronger
$163.2M
$1.7M
Stockholders' EquityBook value
$55.4M
$389.3M
Total Assets
$278.2M
$530.2M
Debt / EquityLower = less leverage
2.95×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SNCR
SNCR
TH
TH
Q4 25
$8.3M
Q3 25
$34.8M
$30.4M
Q2 25
$24.6M
$19.2M
Q1 25
$29.1M
$34.5M
Q4 24
$33.4M
$190.7M
Q3 24
$25.2M
$177.7M
Q2 24
$23.6M
$154.3M
Q1 24
$19.1M
$124.3M
Total Debt
SNCR
SNCR
TH
TH
Q4 25
$1.7M
Q3 25
$163.2M
$2.0M
Q2 25
$186.2M
$26.3M
Q1 25
$187.0M
$42.9M
Q4 24
$186.7M
$1.5M
Q3 24
$186.4M
$994.0K
Q2 24
$186.2M
$1.1M
Q1 24
$136.6M
$179.9M
Stockholders' Equity
SNCR
SNCR
TH
TH
Q4 25
$389.3M
Q3 25
$55.4M
$402.4M
Q2 25
$49.4M
$401.3M
Q1 25
$35.4M
$415.3M
Q4 24
$29.8M
$421.1M
Q3 24
$35.3M
$417.6M
Q2 24
$30.6M
$397.2M
Q1 24
$24.0M
$375.5M
Total Assets
SNCR
SNCR
TH
TH
Q4 25
$530.2M
Q3 25
$278.2M
$541.2M
Q2 25
$291.4M
$533.7M
Q1 25
$293.3M
$562.5M
Q4 24
$293.8M
$725.8M
Q3 24
$299.7M
$709.8M
Q2 24
$295.7M
$697.0M
Q1 24
$298.5M
$687.2M
Debt / Equity
SNCR
SNCR
TH
TH
Q4 25
0.00×
Q3 25
2.95×
0.01×
Q2 25
3.77×
0.07×
Q1 25
5.28×
0.10×
Q4 24
6.27×
0.00×
Q3 24
5.28×
0.00×
Q2 24
6.08×
0.00×
Q1 24
5.70×
0.48×

Cash Flow & Capital Efficiency

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

Metric
SNCR
SNCR
TH
TH
Operating Cash FlowLast quarter
$39.4M
$5.7M
Free Cash FlowOCF − Capex
$39.0M
FCF MarginFCF / Revenue
92.9%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
6.77×
TTM Free Cash FlowTrailing 4 quarters
$53.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SNCR
SNCR
TH
TH
Q4 25
$5.7M
Q3 25
$39.4M
$53.4M
Q2 25
$2.3M
$11.1M
Q1 25
$293.0K
$3.9M
Q4 24
$13.1M
$30.6M
Q3 24
$3.4M
$31.4M
Q2 24
$11.3M
$39.1M
Q1 24
$527.0K
$50.6M
Free Cash Flow
SNCR
SNCR
TH
TH
Q4 25
Q3 25
$39.0M
Q2 25
$2.0M
Q1 25
$-31.0K
$-11.6M
Q4 24
$12.2M
Q3 24
$3.2M
Q2 24
$10.9M
Q1 24
$10.0K
FCF Margin
SNCR
SNCR
TH
TH
Q4 25
Q3 25
92.9%
Q2 25
4.6%
Q1 25
-0.1%
-21.1%
Q4 24
27.6%
Q3 24
7.5%
Q2 24
25.2%
Q1 24
0.0%
Capex Intensity
SNCR
SNCR
TH
TH
Q4 25
Q3 25
0.9%
Q2 25
0.8%
Q1 25
0.8%
28.2%
Q4 24
1.9%
Q3 24
0.3%
Q2 24
0.9%
Q1 24
1.2%
Cash Conversion
SNCR
SNCR
TH
TH
Q4 25
Q3 25
6.77×
Q2 25
Q1 25
Q4 24
1.66×
2.44×
Q3 24
1.57×
Q2 24
2.13×
Q1 24
0.12×
2.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SNCR
SNCR

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

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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