Overview
- IndustryServices-Computer Programming Services1
- HeadquartersBridgewater, New Jersey1
- Business address200 Crossing Boulevard, 8Th Floor, Bridgewater, Nj2
- Filer categoryAccelerated filer2
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Synchronoss Personal Cloud TM is a powerful software solution that helps global network operators and mobile insurance providers drive revenue, increase engagement, and enhance digital security. Our platform enables customers to connect, engage, and monetize subscribers by offering a trusted, seamless way to sync, organize, and protect their digital content. With Artificial Intelligence (“AI”) powered features that enrich user experiences, we help operators create new revenue streams, lower innovation costs, and strengthen customer loyalty, all while ensuring secure and effortless content management.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2024
Where the money goes
Where each dollar of revenue went, fiscal 2024
- Cost of revenue22¢$39.0M
- Research and development25¢$42.8M
- Selling, general and admin30¢$51.7M
- Other costs15¢$26.3M
- Income tax4¢$7.6M
- Profit4¢$6.2M
Out of $173.6M in revenue.4
Where each dollar of operating cash went, fiscal 2024
- Capital spending7¢$1.9M
- Kept or used elsewhere93¢$26.4M
Out of $28.3M of cash from operations.4
Financial statements
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | $325.8M5 | $308.7M6 | $291.7M7 | $189.3M8 | $173.8M4 | $164.2M4 | $173.6M4 |
| Cost of revenue | $60.2M8 | $46.5M4 | $42.2M4 | $39.0M4 | |||
| Research and development | $79.2M5 | $75.6M6 | $77.0M7 | $59.8M8 | $49.6M4 | $46.6M4 | $42.8M4 |
| Selling, general and admin | $122.1M5 | $112.8M6 | $89.3M7 | $74.2M8 | $61.2M4 | $65.2M4 | $51.7M4 |
| Operating expenses | $215.1M8 | $173.4M4 | $174.8M4 | $151.9M4 | |||
| Operating income | -$164.3M5 | -$107.8M6 | -$48.1M7 | -$25.8M8 | $306.0K4 | -$10.6M4 | $21.7M4 |
| Interest | $4.9M5 | $1.4M6 | $476.0K7 | $6.4M8 | $13.6M8 | $14.0M8 | |
| Income before tax | -$37.1M8 | -$6.8M4 | -$29.3M4 | $13.8M4 | |||
| Income tax | -$17.9M5 | $2.2M6 | -$27.1M7 | -$8.8M8 | -$59.0K4 | $4.7M4 | $7.6M4 |
| Net income | -$218.2M5 | -$104.6M5 | -$10.4M5 | -$23.1M8 | -$7.7M4 | -$54.6M4 | $6.2M4 |
| Earnings per share | -$6.055 | -$3.366 | -$1.167 | -$8.088 | -$1.814 | -$6.624 | $0.464 |
| Earnings per share (diluted) | -$6.055 | -$3.366 | -$1.167 | -$8.088 | -$1.814 | -$6.624 | $0.434 |
| Shares (weighted, basic) | 7.2M shares8 | 9.6M shares4 | 9.7M shares4 | 10.0M shares4 | |||
| Shares (weighted, diluted) | 7.2M shares8 | 9.6M shares4 | 9.7M shares4 | 10.7M shares4 |
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash | $103.8M12 | $39.0M12 | $31.7M8 | $29.3M4 | $18.3M4 | $24.6M4 | $33.4M4 |
| Receivables | $47.6M7 | $31.7M8 | $23.5M4 | $18.1M4 | |||
| Current assets | $294.5M12 | $142.9M5 | $121.4M6 | $122.0M7 | $105.3M8 | $82.0M4 | $81.4M4 |
| Property, plant and equipment | $7.0M7 | $4.4M8 | $3.7M4 | $3.2M4 | |||
| Goodwill | $195.9M8 | $182.3M4 | $183.9M4 | $179.4M4 | |||
| Intangible assets | $60.3M7 | $22.4M8 | $22.2M4 | $19.1M4 | |||
| Total assets | $703.3M12 | $532.0M5 | $482.3M6 | $450.7M7 | $398.1M8 | $310.3M4 | $293.8M4 |
| Accounts payable | $11.1M7 | $9.7M8 | $7.5M4 | $7.1M4 | |||
| Short-term debt | $06 | $04 | $1.9M4 | ||||
| Current liabilities | $243.8M12 | $153.4M5 | $125.1M6 | $95.4M7 | $80.2M8 | $47.7M4 | $40.3M4 |
| Long-term debt | $012 | $06 | $133.1M7 | $134.6M8 | $136.2M4 | $184.8M4 | |
| Total liabilities | $188.8M6 | $274.9M7 | $249.1M8 | $212.4M4 | $251.6M4 | ||
| Retained earnings | -$368.7M7 | -$376.6M8 | -$431.2M4 | -$425.0M4 | |||
| Shareholders’ equity | $188.9M12 | $76.1M5 | $43.3M8 | $90.8M4 | $68.1M4 | $26.6M4 | $29.8M4 |
| Shares outstanding | 42.7M shares12 | 44.5M shares5 | 44.0M shares6 | 88.3M shares7 | 10.1M shares8 | 10.3M shares4 | 11.1M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$31.4M5 | $32.6M6 | -$564.0K7 | $4.9M8 | $17.4M4 | $18.8M4 | $28.3M4 |
| Depreciation and amortization | $17.2M8 | $14.8M4 | $16.8M4 | $17.1M4 | |||
| Stock-based compensation | $9.3M8 | $5.5M4 | $5.2M4 | $6.4M4 | |||
| Capital spending | $11.7M5 | $8.2M6 | $885.0K7 | $1.5M8 | $1.4M4 | $1.3M4 | $1.9M4 |
| Free cash flow | -$43.0M | $24.4M | -$1.4M | $3.4M | $16.0M | $17.5M | $26.4M |
| Cash from investing | -$23.9M8 | -$13.2M4 | $3.8M4 | -$13.1M4 | |||
| Share buybacks | $013 | ||||||
| Cash from financing | $16.2M8 | -$13.3M4 | -$20.0M4 | -$5.9M4 |
Corporate structure
SYNCHRONOSS TECHNOLOGIES INC sits at the top of its group. 1 entity on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of SYNCHRONOSS TECHNOLOGIES INC
- Mount Logan Capital Inc. Filed SCHEDULE 13G/A on SYNCHRONOSS TECHNOLOGIES INC, latest Feb 18, 2026 (3 filings since Sep 16, 2025)
- BlackRock Filed SCHEDULE 13G on SYNCHRONOSS TECHNOLOGIES INC, latest Jul 17, 2025
- Allspring Global Investments Holdings, LLC Filed SCHEDULE 13G/A on SYNCHRONOSS TECHNOLOGIES INC, latest Jul 11, 2025 (4 filings since Jan 12, 2023)
- BRC Group Holdings, Inc Filed SCHEDULE 13D/A on SYNCHRONOSS TECHNOLOGIES INC, latest Mar 18, 2025 (11 filings since Nov 1, 2021)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on SYNCHRONOSS TECHNOLOGIES INC, latest Jan 31, 2025 (2 filings since Feb 13, 2024)
- AWM Investment Company, Inc. Filed SC 13G/A on SYNCHRONOSS TECHNOLOGIES INC, latest Dec 6, 2024 (2 filings since Nov 14, 2024)
- 180 DEGREE CAPITAL CORP. /NY/ Filed SC 13D/A on SYNCHRONOSS TECHNOLOGIES INC, latest Dec 19, 2023 (5 filings since Feb 14, 2022)
- SYNCHRONOSS TECHNOLOGIES INC Bridgewater, New Jersey
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What SYNCHRONOSS TECHNOLOGIES INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $3.2M4 Dec 31, 2024 | $3.7M4 Dec 31, 2023 | −14.1% |
| Operating-lease assets (leased space) | $8.4M4 Dec 31, 2024 | $14.8M4 Dec 31, 2023 | −42.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $33.4M4 Dec 31, 2024 | $24.6M4 Dec 31, 2023 | +35.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $179.4M4 Dec 31, 2024 | $183.9M4 Dec 31, 2023 | −2.4% |
| Finite-lived intangibles, gross | $195.3M4 Dec 31, 2024 | $189.2M4 Dec 31, 2023 | +3.2% |
| Accumulated amortization | $176.2M4 Dec 31, 2024 | $167.0M4 Dec 31, 2023 | +5.5% |
| Finite-lived intangibles, net | $19.1M4 Dec 31, 2024 | $22.2M4 Dec 31, 2023 | −13.9% |
Properties, in its own words
We lease approximately 120,000 square feet of office space for our corporate headquarters in Bridgewater, New Jersey. We have other leases in certain countries including India, Ireland, and in various states in the United States including Pennsylvania. The lease terms for our locations expire in the years between 2025 and 2028. We believe that the facilities we now lease are sufficient to meet our needs through at least the next twelve months.
Item 2 of the 10-K filed Mar 12, 2025.3
Leadership
Who has led SYNCHRONOSS TECHNOLOGIES INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerRonald W. Hovsepian Jan 24, 2017 to Mar 28, 201714
- Chief executive officerGlenn Lurie Nov 17, 2017 to Jun 9, 202015
- Chief executive officerJames M. McCormick Jun 14, 2006 to Jun 14, 200616
- Chief executive officerStephen G. Waldis Jun 14, 2006 to Apr 28, 201717
- ChairStephen G. Waldis Jan 20, 2012 to now18
- PresidentRobert Garcia Jan 20, 2012 to Jul 28, 201719
- PresidentRobert Sean Parkinson Dec 20, 2007 to Dec 21, 200720
- PresidentJames M. McCormick Jun 14, 2006 to Jun 14, 200616
- PresidentStephen G. Waldis Jun 14, 2006 to Dec 16, 201117
- Chief financial officerLou Ferraro Aug 12, 2021 to Nov 10, 202121
- Chief financial officerTaylor C. Greenwald Nov 10, 2021 to Mar 15, 202222
- Chief financial officerDavid D. Clark Aug 17, 2018 to Jul 12, 202123
- Chief financial officerJohn Wilbert Frederick Mar 28, 2017 to Mar 28, 201724
- Chief financial officerKaren Rosenberger Apr 3, 2014 to Feb 23, 201725
- Chief financial officerLawrence R. Irving Jun 14, 2006 to Apr 9, 201826
- Chief operating officerRobert Garcia Jan 27, 2017 to Jul 28, 201727
Board members and other officers (31)
- EVP and CHROLou Ferraro Nov 4, 2021 to Jul 11, 202228
- CMO and EVP, ProductMary P. Clark Feb 5, 2018 to May 5, 202029
- DirectorJames M. McCormick Feb 14, 2017 to Feb 14, 201730
- EVP, InternationalChris Halbard May 1, 2015 to Feb 26, 201631
- EVPDavid Schuette Aug 7, 2015 to Nov 20, 201832
- EVP & President of No. AmericNicholas P. Lazzaro May 14, 2013 to Oct 14, 201533
- Chief Accounting OfficerKaren Rosenberger Jan 5, 2012 to Mar 21, 201434
- Executive Vice PresidentPaula J. Hilbert Apr 28, 2011 to May 6, 201535
- Executive Vice Pres.Christopher Putnam Jun 14, 2006 to Mar 19, 201336
- Executive Vice Pres.Peter Halis Jun 14, 2006 to Oct 10, 200637
- Executive Vice Pres.Robert Garcia Jun 14, 2006 to Apr 9, 201838
- VP of MarketingOmar Tellez Aug 4, 2006 to Apr 27, 201039
- Vice PresidentRonald Prague Dec 7, 2006 to Jan 13, 201240
- Board memberKevin Rendino Dec 4, 2023 to now41
- Board memberMartin Francis Bernstein Jul 22, 2021 to now42
- Board memberMohan S. Gyani Jan 22, 2019 to now43
- Board memberLaurie Harris Aug 1, 2019 to now44
- Board memberPeter Berger Feb 20, 2018 to Jul 1, 202145
- Board memberRobert M. Aquilina Apr 27, 2018 to Jul 1, 202146
- Board memberKristin S. Rinne Jul 27, 2018 to now47
- Board memberRonald W. Hovsepian Jan 24, 2017 to Mar 28, 201714
- Board memberGlenn Lurie Nov 17, 2017 to Jun 9, 202015
- Board memberDonnie Moore May 3, 2007 to Nov 5, 201848
- Board memberCharles E. Hoffman Jun 14, 2006 to May 17, 201649
- Board memberJames M. McCormick Jun 14, 2006 to Apr 9, 201816
- Board memberScott Yaphe Jun 14, 2006 to May 11, 200750
- Board memberStephen G. Waldis Jun 14, 2006 to Apr 28, 201717
- Board memberThomas J. Hopkins Jun 14, 2006 to Jun 16, 202151
- Board memberWilliam J. Cadogan Jun 14, 2006 to Jun 16, 202152
- General counselChristina Gabrys Aug 12, 2021 to now53
- General counselRonald Prague Aug 4, 2006 to Jun 16, 202154
Timeline
- Feb 13, 20268-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer55
- Feb 9, 20268-K Other events56
- Dec 4, 20258-K Entered a material agreement; Regulation FD disclosure57
- Nov 4, 20258-K Results of operations58
- Aug 11, 20258-K Results of operations59
- Jul 24, 20258-K Other events60
- Jun 11, 20258-K Shareholder vote61
- May 6, 20258-K Results of operations62
- Apr 29, 20258-K Entered a material agreement; New debt or obligation; Other events63
- Apr 16, 20258-K Other events64
- Mar 11, 20258-K Results of operations65
- Dec 12, 20248-K Entered a material agreement66
- Nov 17, 2017New chief executive Glenn Lurie becomes CEO15
- Jan 24, 2017New chief executive Ronald W. Hovsepian becomes CEO14
- Jun 14, 2006New chief executive Stephen G. Waldis becomes CEO17
- Jun 14, 2006New chief executive James M. McCormick becomes CEO16
Calendar
When it reported results
- Nov 4, 2025Reported quarterly or annual results58
- Aug 11, 2025Reported quarterly or annual results59
- May 6, 2025Reported quarterly or annual results62
- Mar 11, 2025Reported quarterly or annual results65
- Nov 12, 2024Reported quarterly or annual results67
- Aug 6, 2024Reported quarterly or annual results68
- May 7, 2024Reported quarterly or annual results69
- Mar 12, 2024Reported quarterly or annual results70
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
307 filings to the SEC since October 2021: 5 annual reports, 13 quarterly reports, 46 major events, 139 insider forms, 28 large holders, 76 other. The latest 20:
- Feb 23, 202615-12G EDGAR
- Feb 18, 2026SCHEDULE 13G/A EDGAR
- Feb 13, 2026S-8 POS EDGAR
- Feb 13, 20268-K EDGAR
- Feb 13, 202625-NSE EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 13, 20264 EDGAR
- Feb 9, 2026DEFA14A EDGAR
- Feb 9, 20268-K EDGAR
- Feb 3, 2026SCHEDULE 13G/A EDGAR
- Jan 15, 2026DEFA14A EDGAR
- Jan 5, 2026DEFA14A EDGAR
The 307 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
107 open-market trades by officers, directors and large owners since October 2021: 38 buys and 69 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 6, 2025 | Miller Jeffrey GeorgeChief Executive Officer | Sale | 7,913 | $7.06 | $55.9K | Form 4 |
| Jun 5, 2025 | Miller Jeffrey GeorgeChief Executive Officer | Sale | 8,004 | $6.99 | $55.9K | Form 4 |
| Jun 2, 2025 | Harris LaurieDirector | Sale | 4,800 | $7.01 | $33.6K | Form 4 |
| May 29, 2025 | Doran Patrick JosephEVP & Chief Technology Officer | Sale | 2,153 | $6.57 | $14.1K | Form 4 |
| May 29, 2025 | Ferraro LouChief Financial Officer | Sale | 2,477 | $6.57 | $16.3K | Form 4 |
| May 29, 2025 | Gabrys ChristinaEVP and Chief Legal Officer | Sale | 1,667 | $6.57 | $11.0K | Form 4 |
| May 28, 2025 | Doran Patrick JosephEVP & Chief Technology Officer | Sale | 2,072 | $6.54 | $13.6K | Form 4 |
| May 28, 2025 | Ferraro LouChief Financial Officer | Sale | 2,384 | $6.54 | $15.6K | Form 4 |
| May 28, 2025 | Gabrys ChristinaEVP and Chief Legal Officer | Sale | 1,604 | $6.54 | $10.5K | Form 4 |
| May 1, 2025 | Miller Jeffrey GeorgeChief Executive Officer | Sale | 6,289 | $10.22 | $64.3K | Form 4 |
| Apr 28, 2025 | Doran Patrick JosephEVP & Chief Technology Officer | Sale | 1,751 | $10.68 | $18.7K | Form 4 |
| Apr 28, 2025 | Gabrys ChristinaEVP and Chief Legal Officer | Sale | 882 | $10.68 | $9.4K | Form 4 |
| Apr 23, 2025 | Miller Jeffrey GeorgeChief Executive Officer | Sale | 6,979 | $10.50 | $73.3K | Form 4 |
| Apr 22, 2025 | Gabrys ChristinaEVP and Chief Legal Officer | Sale | 785 | $10.40 | $8.2K | Form 4 |
| Apr 22, 2025 | Doran Patrick JosephEVP & Chief Technology Officer | Sale | 1,559 | $10.40 | $16.2K | Form 4 |
| Feb 13, 2025 | Miller Jeffrey GeorgeChief Executive Officer | Sale | 17,389 | $10.34 | $179.8K | Form 4 |
| Sep 13, 2024 | Bernstein Martin FrancisDirector | Sale | 6,036 | $14.14 | $85.3K | Form 4 |
| Sep 12, 2024 | Bernstein Martin FrancisDirector | Sale | 1,130 | $13.80 | $15.6K | Form 4 |
| Sep 12, 2024 | Ferraro LouChief Financial Officer | Sale | 5,768 | $13.60 | $78.5K | Form 4 |
| Sep 11, 2024 | Bernstein Martin FrancisDirector | Sale | 7,792 | $13.66 | $106.5K | Form 4 |
All 107 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Mount Logan Capital Inc.SCHEDULE 13G/A, 3 filings Sep 16, 2025 to Feb 18, 202671
- BlackRockSCHEDULE 13G, 1 filing Jul 17, 202572
- Allspring Global Investments Holdings, LLCSCHEDULE 13G/A, 4 filings Jan 12, 2023 to Jul 11, 202573
- BRC Group Holdings, IncSCHEDULE 13D/A, 11 filings Nov 1, 2021 to Mar 18, 202574
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Feb 13, 2024 to Jan 31, 202575
- AWM Investment Company, Inc.SC 13G/A, 2 filings Nov 14, 2024 to Dec 6, 202476
- 180 DEGREE CAPITAL CORP. /NY/SC 13D/A, 5 filings Feb 14, 2022 to Dec 19, 202377
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2024 | Jeffrey MillerPresident and Chief Executive Officer | 61 | $520.0K | $3.8M78 |
| 2024 | Patrick DoranChief Technology Officer | $400.0K | $1.8M78 | |
| 2024 | Louis FerraroChief Financial Officer | $390.0K | $1.6M78 | |
| 2024 | Christina GabrysChief Legal Officer | $330.0K | $1.2M78 | |
| 2023 | Jeffrey MillerPresident and Chief Executive Officer | 61 | $505.0K | $1.9M78 |
| 2023 | Patrick DoranChief Technology Officer | $388.8K | $917.0K78 | |
| 2023 | Louis FerraroChief Financial Officer | $378.8K | $766.1K78 | |
| 2023 | Christina GabrysChief Legal Officer | $300.0K | $636.9K78 | |
| 2022 | Jeffrey MillerPresident and Chief Executive Officer | 61 | $500.0K | $2.8M78 |
| 2022 | Patrick DoranChief Technology Officer | $379.9K | $1.4M78 | |
| 2022 | Louis FerraroChief Financial Officer | $345.8K | $1.1M78 | |
| 2022 | Christina GabrysChief Legal Officer | $281.2K | $700.6K78 |
SEC filer profile
How SYNCHRONOSS TECHNOLOGIES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARSYNCHRONOSS TECHNOLOGIES INC1
- CIK0001131554
- Employer ID (EIN)06-15945403
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)7371 Services-Computer Programming Services1
- SEC reviewing officeOffice of Technology, Division of Corporation Finance1
- Business address200 Crossing Boulevard, 8Th Floor, Bridgewater, NJ1
- Phone866-620-39401
- Shares outstanding11,507,434 as of Nov 3, 202511
- Public float$61.9M as of Jun 30, 20243
- AuditorErnst & Young LLP, Iselin, New Jersey PCAOB ID 42; it also attests to the company’s internal control over financial reporting3
- On EDGAR sinceFeb 28, 20061
- Filings2,345 in all: 4 (1,622), 8-K (199), SC 13G/A (68), 10-Q (59), 3 (46), 144 (36), UPLOAD (33), SC 13G (31)1
All 52 form types
CORRESP (29), 4/A (24), SC 13D/A (23), DEF 14A (20), 10-K (19), DEFA14A (18), 5 (13), 8-K/A (13), S-8 (12), 424B5 (8), CT ORDER (6), 10-Q/A (5), S-1/A (5), 3/A (4), SC TO-T/A (4), SCHEDULE 13G/A (4), ARS (3), EFFECT (3), SC 13D (3), SC TO-C (3), 10-K/A (2), 25-NSE (2), FWP (2), NT 10-K (2), PRE 14A (2), S-3 (2), SCHEDULE 13G (2), SEC STAFF LETTER (2), 15-12G (1), 305B2 (1), 424B4 (1), 8-A12B (1), 8-A12G (1), CERT (1), DEFM14A (1), NT 10-Q (1), PREM14A (1), S-1 (1), S-3/A (1), S-3ASR (1), S-3MEF (1), S-8 POS (1), SC TO-T (1), SCHEDULE 13D/A (1)
- Latest filingsAnnual report (10-K) Mar 12, 2025
Quarterly report (10-Q) Nov 4, 2025
Proxy statement (DEF 14A) Apr 29, 2025
Latest 8-K (8-K) Feb 13, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $.0001 par value | SNCR | The Nasdaq Stock Market, LLC |
| 8.375% Senior Notes due 2026 | SNCRL | The Nasdaq Stock Market, LLC |
From the cover page of the 10-K filed Mar 12, 2025 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks SYNCHRONOSS TECHNOLOGIES INC names in Item 1A of its 10-K filed Mar 12, 2025: 64 risks under these headings, as written.3
- Operation Risks
- Risks Related to our Business and Industry
- Legal, Regulatory and Compliance Risks
- Risks Related to our Term Loan, Senior Notes and Common Stock
- Our business may not generate sufficient cash flows from operations, or future borrowings which may not be available to us, in amounts sufficient to enable us to fund our liquidity needs and capital expenditure requirements necessary to expand our operations and invest in new products which could reduce our ability to compete and could harm our business.
- Our revenue, earnings and profitability are affected by the length of our sales cycle, and a longer sales cycle could adversely affect our results of operations and financial condition.
- We may experience quarterly fluctuations in our operating results due to a number of factors which make our future results difficult to predict and could cause our operating results to fall below expectations or our guidance.
- We are subject to revenue recognition standards and because we recognize revenue for certain products and services ratably over the term of customer agreements upturns or downturns in the value of signed contracts will not be fully and immediately reflected in our operating results and any changes in the standards could impact our business.
- Global economic, political and market conditions can adversely affect our results of operations, financial condition and business.
- We traditionally have had substantial customer concentration, with a limited number of customers accounting for a substantial portion of our revenues.
- We may be able to incur substantially more debt, which could have important consequences to investors.
- We may not generate sufficient cash to enable us to service our debt.
The other 56 risks
- We may make investments in new products and services that may not be profitable.
- We must recruit and retain our key management and other key personnel and our failure to recruit and retain qualified employees could have a negative impact on our business.
- Our performance and growth depend on our ability to generate customer referrals and to develop referenceable customer relationships that will enhance our sales and marketing efforts. A failure to accomplish these objectives could materially harm our business.
- Many of our current and planned products are highly complex and may contain defects or errors that are detected only after deployment in telecommunications networks. If that occurs, our reputation or market acceptance of our products and services may be harmed.
- Failure to maintain the confidentiality, integrity and availability of our systems, software and solutions could seriously damage our reputation and affect our ability to retain customers and attract new business.
- Failures or interruptions of our systems and services could materially harm our revenues, impair our ability to conduct our operations and damage relationships with our customers.
- The quality of our support and services offerings is important to our customers and if we fail to meet our service level obligations under our service level agreements or otherwise fail to offer quality support and services, we would be subject to penalties and could lose customers.
- Our reliance on third-party providers for communications software, services, hardware and infrastructure exposes us to a variety of risks we cannot control.
- Interruptions or delays in our service due to problems with our third-party web hosting facilities or other third-party service providers could adversely affect our business.
- We may seek to acquire companies or technologies, form joint ventures make investments in other companies or technologies or make divestitures. Our acquisitions, divestitures and other strategic transactions may not produce anticipated results, which could disrupt our ongoing business, disrupt our management and employees, dilute our stockholders’ ownership, increase our debt, and adversely affect our business, financial condition or results of operations.
- We maintain our cash at financial institutions, often in balances that exceed federally-insured limits. Adverse developments affecting financial institutions, companies in the financial services industry or the financial services industry generally, such as actual events or concerns involving liquidity, defaults or non-performance, could adversely affect our operations and liquidity.
- Due to the global nature of our operations, political or economic changes or other factors in a specific country or region could harm our operating results and financial condition.
- Fluctuations in foreign currency exchange rates could result in foreign currency transaction losses, which could affect our operating results and the period-over-period comparability of our operating results.
- Downgrades in our credit ratings may increase our future borrowing costs, limit our ability to raise capital, cause our stock price to decline or reduce analyst coverage, any of which could have a material adverse impact on our business.
- Our insurance policies, including general liability, errors and omissions, directors’ and officers’ insurance and cyber insurance may not totally protect us.
- Risks Related to Our Business and Industry
- The financial and operating difficulties in the telecommunications sector may negatively affect our customers and our company.
- We previously announced our new strategy to focus on our cloud-centric solutions. There can be no guarantee that this strategy will be successful or that we will experience consistent and sustainable profitability in the future as a result of our new strategy.
- Though acceptance of cloud-based software has advanced in recent years, some businesses may still be hesitant to adopt these types of solutions. If the market for cloud-based software declines or develops more slowly than we expect, our business could be adversely affected.
- The success of our business depends on the continued growth in demand for connected devices and the continued availability of high-speed access to the Internet.
- If we do not continue to maintain and enhance our operational, financial and other internal controls and systems to manage our growth and size, our business, results of operations and financial condition could be adversely affected.
- The SaaS pricing model is evolving and our failure to manage its evolution and demand could lead to lower than expected revenue and profit.
- Our business depends substantially on customers renewing and expanding their subscriptions for our services. Any decline in our customer renewals and expansions would harm our future operating results.
- If we fail to compete successfully with existing or new competitors, our business could be harmed.
- The markets in which we market and sell our products and services are highly competitive, and if we do not adapt to rapid technological change, we could lose customers or market share, which could adversely affect our ability to sustain or grow revenue.
- The success of our business depends on our ability to achieve or sustain market acceptance of our services and solutions at desired pricing levels.
- We rely in part on strategic relationships with third parties to sell and deliver our solutions. If we are unable to successfully develop and maintain these relationships, our business may be harmed.
- If we do not maintain the compatibility of our services with third-party applications that our customers use in their business processes or if we fail to adapt our services to changes in technology or the marketplace, demand for our services could decline.
- Government regulation of the Internet and e-commerce and of the international exchange of certain information is subject to possible unfavorable changes, and our failure to comply with applicable regulations could harm our business and operating results.
- Failure to comply with laws and regulations applicable to our business could subject us to fines and penalties and could also cause us to lose customers or negatively impact our ability to contract with customers.
- Changes in laws, regulations or governmental policy applicable to our customers or potential customers may decrease the demand for our solutions or increase our costs.
- Our expansion into additional international markets may be subject to uncertainties that could increase our costs to comply with regulatory requirements in foreign jurisdictions, disrupt our operations and require increased focus from our management.
- Failure to comply with anticorruption and anti-money laundering laws, including the U.S. Foreign Corrupt Practices Act of 1977, as amended ("FCPA"), and similar laws associated with our activities outside of the United States could subject us to penalties and other adverse consequences.
- If we are unable to protect our intellectual property rights, our competitive position could be harmed, or we could be required to incur significant expenses to enforce our rights.
- We collect, process, store, disclose and use personal information and other data, and our actual or perceived failure to protect this information and data could damage our reputation and harm our business and operating results.
- Compromises to our privacy safeguards or disclosure of confidential information could impact our reputation.
- Our use of “open source” software could negatively affect our ability to sell our services and subject us to possible litigation.
- We use artificial intelligence in our products and services which may result in operational challenges, legal liability, reputational harm, competitive risks and regulatory concerns that could adversely affect our business and results of operations.
- We continue to incur significant costs as a result of operating as a public company, and our management is required to devote substantial time to new and ongoing compliance initiatives.
- Changes in, or interpretations of, tax rules and regulations, results of tax audits and other factors, including timing of tax refund receipt, could cause fluctuations in or adversely affect our effective tax rates and operating results.
- Our employee retention and hiring may be adversely impacted by immigration restrictions and related factors.
- Changes in accounting principles, or the interpretation thereof, could have a significant impact on our financial position and results of operation.
- Risks Related to our Term Loan, Senior Notes and our Common Stock
- We may fail to refinance, redeem or repay in full our Senior Notes prior to March 31, 2026, and in that event the maturity date of our Term Loan will be March 31, 2026.
- The terms of our Credit Agreement restrict our operating and financial flexibility, and any breach of the covenants in that agreement, if the lenders elected to accelerate the due date of the loan, could significantly harm our business and prospects and lead to the liquidation of our business.
- Our stock price may continue to experience significant fluctuations and could subject us to litigation.
- We have, and in the future may be, the target of stockholder derivative complaints or other securities related legal actions that could adversely affect our results of operations and our business.
- Other than payment of dividends on our previously outstanding preferred stock, we have never paid dividends on our capital stock and we do not anticipate paying any dividends in the foreseeable future. Consequently, any gains from an investment in our common stock will likely depend on whether the price of our common stock increases.
- Delaware law and provisions in our restated certificate of incorporation and amended and restated bylaws could make a merger, tender offer or proxy contest difficult, therefore depressing the trading price of our common stock.
- Our current or future debt securities or preferred equity securities, which are and would be senior to our common stock, may adversely affect the market price of our common stock.
- The Senior Notes are unsecured and therefore are effectively subordinated to any secured indebtedness that we currently have or that we may incur in the future.
- The Senior Notes are structurally subordinated to the indebtedness and other liabilities of our subsidiaries.
- The indenture under which the Senior Notes were issued contains limited protection for holders of the Senior Notes.
- Elevated market interest rates could result in a decrease in the value of the Senior Notes.
- An active trading market for the Senior Notes may not develop, which could limit the market price of the Senior Notes or your ability to sell them.
- The rating for the Senior Notes could at any time be revised downward or withdrawn entirely at the discretion of the issuing rating agency.
- A 1% U.S. federal excise tax may be imposed upon us in connection with the redemptions or repurchases of our equity.
- Our acquisitions, divestitures and other strategic transactions may not produce anticipated results, which could have a material adverse effect on our business, financial condition or results of operations.
Legal proceedings
For a discussion of our material pending legal proceedings that could impact our results of operations, financial condition or cash flows see Note 22. Legal Matters of the Notes to Consolidated Financial Statements in Part II, Item 8 of this Form 10-K.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 15SEC EDGARGlenn Lurie, Chief executive officer
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- 18SEC EDGARStephen G. Waldis, Chair
- 19SEC EDGARRobert Garcia, President
- 20SEC EDGARRobert Sean Parkinson, President
- 21SEC EDGARLou Ferraro, Chief financial officer
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- 28SEC EDGARLou Ferraro, EVP and CHRO
- 29SEC EDGARMary P. Clark, CMO and EVP, Product
- 30SEC EDGARJames M. McCormick, Director
- 31SEC EDGARChris Halbard, EVP, International
- 32SEC EDGARDavid Schuette, EVP
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- 37SEC EDGARPeter Halis, Executive Vice Pres.
- 38SEC EDGARRobert Garcia, Executive Vice Pres.
- 39SEC EDGAROmar Tellez, VP of Marketing
- 40SEC EDGARRonald Prague, Vice President
- 41SEC EDGARKevin Rendino, Board member
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- 43SEC EDGARMohan S. Gyani, Board member
- 44SEC EDGARLaurie Harris, Board member
- 45SEC EDGARPeter Berger, Board member
- 46SEC EDGARRobert M. Aquilina, Board member
- 47SEC EDGARKristin S. Rinne, Board member
- 48SEC EDGARDonnie Moore, Board member
- 49SEC EDGARCharles E. Hoffman, Board member
- 50SEC EDGARScott Yaphe, Board member
- 51SEC EDGARThomas J. Hopkins, Board member
- 52SEC EDGARWilliam J. Cadogan, Board member
- 53SEC EDGARChristina Gabrys, General counsel
- 54SEC EDGARRonald Prague, General counsel
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- 56SEC EDGAROther events
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- 58SEC EDGARResults of operations
- 59SEC EDGARResults of operations
- 60SEC EDGAROther events
- 61SEC EDGARShareholder vote
- 62SEC EDGARResults of operations
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- 64SEC EDGAROther events
- 65SEC EDGARResults of operations
- 66SEC EDGAREntered a material agreement
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