Synchronoss (SNCR) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Synchronoss Revenue Highlights

Latest Revenue (Y)

$164.20M

Latest Revenue (Q)

$42.96M

Main Segment (Y)

Cloud

Main Geography (Y)

Americas

Synchronoss Revenue by Period

Synchronoss Revenue by Year

Date	Revenue	Change
2023-12-31	$164.20M	-35.00%
2022-12-31	$252.63M	-9.97%
2021-12-31	$280.62M	-3.79%
2020-12-31	$291.67M	-5.53%
2019-12-31	$308.75M	-5.24%
2018-12-31	$325.84M	-19.02%
2017-12-31	$402.36M	-15.59%
2016-12-31	$476.67M	-17.65%
2015-12-31	$578.83M	26.57%
2014-12-31	$457.31M	31.02%
2013-12-31	$349.05M	27.53%
2012-12-31	$273.69M	19.47%
2011-12-31	$229.08M	38.03%
2010-12-31	$165.97M	28.85%
2009-12-31	$128.81M	16.06%
2008-12-31	$110.98M	-10.16%
2007-12-31	$123.54M	70.62%
2006-12-31	$72.41M	33.55%
2005-12-31	$54.22M	99.40%
2004-12-31	$27.19M	64.30%
2003-12-31	$16.55M	102.20%
2002-12-31	$8.19M	45.61%
2001-12-31	$5.62M	-

Synchronoss generated $164.20M in revenue during NA 2023, up -35.00% compared to the previous quarter, and up 50.39% compared to the same period a year ago.

Synchronoss Revenue by Quarter

Date	Revenue	Change
2024-09-30	$42.96M	-1.14%
2024-06-30	$43.46M	1.15%
2024-03-31	$42.97M	3.78%
2023-12-31	$41.40M	-25.60%
2023-09-30	$55.65M	-6.81%
2023-06-30	$59.71M	3.47%
2023-03-31	$57.71M	-6.36%
2022-12-31	$61.63M	2.90%
2022-09-30	$59.90M	-8.19%
2022-06-30	$65.24M	-0.96%
2022-03-31	$65.87M	-10.79%
2021-12-31	$73.83M	5.85%
2021-09-30	$69.75M	-2.49%
2021-06-30	$71.53M	9.21%
2021-03-31	$65.50M	-5.59%
2020-12-31	$69.38M	1.08%
2020-09-30	$68.64M	-10.32%
2020-06-30	$76.53M	-0.76%
2020-03-31	$77.12M	-14.87%
2019-12-31	$90.59M	73.51%
2019-09-30	$52.21M	-32.93%
2019-06-30	$77.85M	-11.64%
2019-03-31	$88.11M	7.31%
2018-12-31	$82.10M	-1.42%
2018-09-30	$83.29M	8.53%
2018-06-30	$76.74M	-8.32%
2018-03-31	$83.71M	-21.22%
2017-12-31	$106.26M	16.75%
2017-09-30	$91.02M	-23.51%
2017-06-30	$118.99M	38.20%
2017-03-31	$86.10M	-29.26%
2016-12-31	$121.72M	-31.01%
2016-09-30	$176.42M	11.98%
2016-06-30	$157.55M	10.42%
2016-03-31	$142.69M	-9.24%
2015-12-31	$157.21M	4.20%
2015-09-30	$150.87M	9.47%
2015-06-30	$137.82M	3.68%
2015-03-31	$132.93M	2.09%
2014-12-31	$130.21M	4.02%
2014-09-30	$125.17M	21.00%
2014-06-30	$103.45M	5.05%
2014-03-31	$98.48M	1.31%
2013-12-31	$97.21M	8.35%
2013-09-30	$89.72M	7.00%
2013-06-30	$83.85M	7.12%
2013-03-31	$78.28M	6.96%
2012-12-31	$73.18M	6.12%
2012-09-30	$68.96M	2.94%
2012-06-30	$66.99M	3.76%
2012-03-31	$64.56M	3.88%
2011-12-31	$62.15M	4.92%
2011-09-30	$59.24M	8.07%
2011-06-30	$54.82M	3.67%
2011-03-31	$52.88M	7.41%
2010-12-31	$49.23M	10.74%
2010-09-30	$44.46M	19.45%
2010-06-30	$37.22M	6.15%
2010-03-31	$35.06M	-1.51%
2009-12-31	$35.60M	7.57%
2009-09-30	$33.10M	8.32%
2009-06-30	$30.55M	3.39%
2009-03-31	$29.55M	-5.35%
2008-12-31	$31.22M	18.56%
2008-09-30	$26.34M	8.31%
2008-06-30	$24.32M	-16.47%
2008-03-31	$29.11M	-20.05%
2007-12-31	$36.41M	-

Synchronoss generated $42.96M in revenue during Q3 2024, up -1.14% compared to the previous quarter, and up 71.95% compared to the same period a year ago.

Synchronoss Revenue Breakdown

Synchronoss Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Cloud	$162.22M	$858.00K	$5.85M	$5.65M	$5.61M
Messaging	$1.26M	$56.00K	$12.00K	-	-
Digital	-	$6.02M	$6.72M	$7.40M	$6.69M

Synchronoss's latest annual revenue breakdown by segment (product or service), as of Dec 23: Cloud (99.23%), and Messaging (0.77%).

Quarterly Revenue by Product

Product/Service	Sep 24	Dec 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Subscription Services	$118.06M	$31.91M	$59.89M	$60.41M	$63.09M	$66.64M	$54.07M	$55.98M	-	-	-	-	-	-	-	-	-	-	-	-
License	$98.00K	$6.29M	$2.78M	$3.68M	$1.74M	$3.12M	$8.41M	$9.89M	-	-	-	-	-	-	-	-	-	-	-	-
Professional Services	$11.23M	$9.97M	$12.51M	$19.98M	$11.98M	$8.76M	$9.70M	$13.71M	-	-	-	-	-	-	-	-	-	-	-	-
Messaging	-	-	$11.44M	$9.48M	$11.70M	$11.32M	$12.20M	$12.26M	$20.51M	$13.63M	$16.52M	$19.09M	$23.33M	-	-	-	-	-	-	-
Cloud	-	$80.70M	$40.44M	$41.08M	$38.56M	$43.48M	$41.50M	$43.12M	$38.89M	$38.90M	$39.48M	$42.45M	$41.04M	-	-	-	-	-	-	-
Digital	-	-	-	-	$9.63M	$10.44M	$12.16M	$14.37M	$12.13M	$12.98M	$12.63M	$15.00M	$12.75M	-	-	-	-	-	-	-
Transaction Services	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.04M	$2.67M	$4.03M	$5.29M	$4.76M	$4.56M	$4.12M

Synchronoss's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Subscription Services (91.24%), Professional Services (8.68%), and License (0.08%).

Synchronoss Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Americas	$151.88M	$9.26M	$20.04M	$27.46M	$30.34M
Asia Pacific	$5.08M	$29.55M	$28.02M	$31.31M	$45.40M
EMEA	$7.24M	$10.15M	$12.11M	$14.64M	$16.51M

Synchronoss's latest annual revenue breakdown by geography, as of Dec 23: Americas (92.50%), EMEA (4.41%), and Asia Pacific (3.09%).

Quarterly Revenue by Country

Country	Sep 24	Dec 22	Dec 21	Dec 20	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18	Mar 18
Americas	$40.20M	$46.50M	$58.70M	$53.31M	$2.51M	$2.28M	$2.06M	$2.02M	$2.71M	$2.26M	$2.61M
Asia Pacific	$1.08M	$11.08M	$9.28M	$9.28M	$10.64M	$8.79M	$18.47M	$5.11M	$4.65M	$9.72M	$15.92M
EMEA	$1.69M	$4.05M	$5.84M	$6.78M	$3.92M	$4.12M	$4.01M	$7.09M	$4.07M	$3.86M	$3.86M

Synchronoss's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (93.57%), EMEA (3.93%), and Asia Pacific (2.50%).

Synchronoss Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EVTC	EVERTEC	$694.71B	$628.67B
NTCT	NetScout Systems	$829.46M	$191.11M
GB	Global Blue Group	$422.30M	$105.24M
CCSI	Consensus Cloud Solutions	$362.56M	$87.75M
RPAY	Repay	$296.63M	$79.14M
SANG	Sangoma	$252.53M	$82.69M
OSPN	OneSpan	$235.11M	$56.24M
SNCR	Synchronoss	$164.20M	$42.96M
MLGO	MicroAlgo	$81.89M	$20.24M

SNCR Revenue FAQ

What is Synchronoss’s yearly revenue?

Synchronoss's yearly revenue for 2023 was $164.2M, representing a decrease of -35.00% compared to 2022. The company's yearly revenue for 2022 was $252.63M, representing a decrease of -9.97% compared to 2021. SNCR's yearly revenue for 2021 was $280.62M, representing a decrease of -3.79% compared to 2020.

What is Synchronoss’s quarterly revenue?

Synchronoss's quarterly revenue for Q3 2024 was $42.96M, a -1.14% decrease from the previous quarter (Q2 2024), and a -22.79% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $43.46M, a 1.15% increase from the previous quarter (Q1 2024), and a -27.22% decrease year-over-year (Q2 2023). SNCR's quarterly revenue for Q1 2024 was $42.96M, a 3.78% increase from the previous quarter (Q4 2023), and a -25.55% decrease year-over-year (Q1 2023).

What is Synchronoss’s revenue growth rate?

Synchronoss's revenue growth rate for the last 3 years (2021-2023) was -41.49%, and for the last 5 years (2019-2023) was -46.82%.

What are Synchronoss’s revenue streams?

Synchronoss's revenue streams in c 23 are Cloud, and Messaging. Cloud generated $162.22M in revenue, accounting 99.23% of the company's total revenue, up 18806.18% year-over-year. Messaging generated $1.26M in revenue, accounting 0.77% of the company's total revenue, up 2148.21% year-over-year.

What is Synchronoss’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Synchronoss was Cloud. This segment made a revenue of $162.22M, representing 99.23% of the company's total revenue.