Synchronoss Technologies, Inc. (SNCR)

Synchronoss Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	171.87	173.59	164.2	173.76	189.34	291.67
Revenue Growth (YoY)	2.54%	5.72%	-5.50%	-8.23%	-35.08%	-5.53%
Cost of Revenue	36.05	39.04	42.22	46.5	60.16	121.82
Gross Profit	135.82	134.55	121.98	127.26	129.18	169.85
Selling, General & Admin	48.87	51.69	65.22	61.15	74.22	89.29
Research & Development	40.69	42.82	46.57	49.6	59.81	77.04
Operating Expenses	106.75	111.6	128.61	125.51	149.96	209.12
Operating Income	29.07	22.96	-6.63	1.75	-20.77	-39.27
Interest Expense	-22.99	-18	-13.96	-13.64	-6.41	-0.48
Interest & Investment Income	0.92	0.81	0.43	0.45	0.04	1.6
Currency Exchange Gain (Loss)	-14.24	8.89	-5.13	2.84	-5.84	4.23
Other Non Operating Income (Expenses)	0.38	0.38	0	0.72	0.37	1.82
EBT Excluding Unusual Items	-6.86	15.04	-25.3	-7.88	-32.61	-32.09
Merger & Restructuring Charges	-1.17	-1.27	-4.01	-1.44	-3.68	-7.96
Gain (Loss) on Sale of Assets	-	-	-	2.55	0.55	3.48
Asset Writedown	-	-	-	-	-1.31	-0.9
Other Unusual Items	-6.38	-	-	-	-	-
Pretax Income	-14.41	13.77	-29.31	-6.78	-37.05	-37.47
Income Tax Expense	6.84	7.61	4.74	-0.06	-8.79	-27.11
Earnings From Continuing Operations	-21.25	6.15	-34.05	-6.72	-28.27	-10.36
Earnings From Discontinued Operations	-	-	-20.52	-1	5.17	-
Net Income to Company	-21.25	6.15	-54.57	-7.72	-23.1	-10.36
Minority Interest in Earnings	-0.02	-0.02	0.04	-0.2	0.16	-0.34
Net Income	-21.26	6.14	-54.54	-7.92	-22.94	-10.7
Preferred Dividends & Other Adjustments	-	1.56	10.01	9.55	35.51	37.98
Net Income to Common	-21.26	4.58	-64.54	-17.47	-58.45	-48.68
Shares Outstanding (Basic)	10	10	10	10	7	5
Shares Outstanding (Diluted)	10	10	10	10	7	5
Shares Change (YoY)	3.43%	2.85%	1.24%	33.05%	55.22%	3.09%
EPS (Basic)	-2.08	0.46	-6.62	-1.81	-8.08	-10.44
EPS (Diluted)	-2.12	0.43	-6.63	-1.81	-8.08	-10.44
Free Cash Flow	17.36	26.38	17.53	15.95	3.42	-1.45
Free Cash Flow Per Share	1.70	2.63	1.80	1.66	0.47	-0.31
Gross Margin	79.03%	77.51%	74.29%	73.24%	68.23%	58.24%
Operating Margin	16.91%	13.22%	-4.04%	1.01%	-10.97%	-13.46%
Profit Margin	-12.37%	2.64%	-39.31%	-10.05%	-30.87%	-16.69%
Free Cash Flow Margin	10.10%	15.20%	10.67%	9.18%	1.81%	-0.50%
EBITDA	32.13	25.93	-3.44	6.24	-11.17	-7.44
EBITDA Margin	18.70%	14.94%	-2.09%	3.59%	-5.90%	-2.55%
D&A For EBITDA	3.06	2.97	3.2	4.49	9.6	31.83
EBIT	29.07	22.96	-6.63	1.75	-20.77	-39.27
EBIT Margin	16.91%	13.22%	-4.04%	1.01%	-10.97%	-13.46%
Effective Tax Rate	-	55.30%	-	-	-	-

Updated Aug 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q