Syra Health Q3 revenue jumps to record high on workforce contracts
SYRA•Syra Health’s third-quarter revenue rose 52% year over year to a record $2.60 million. The company reported its third consecutive profitable quarter, with EPS of $0.02 and gross margin of 46.3%.
1. Revenue and profitability
Syra Health’s third-quarter revenue increased 52% year over year to a record $2.60 million. The company posted its third consecutive profitable quarter, with EPS of $0.02, compared with a loss a year earlier, and gross margin reached a record 46.3%.
2. Growth drivers and outlook
Population health solutions revenue rose 52% year over year, while healthcare workforce revenue increased 50% as the company prioritized contracts with stronger margins. Syra Health expects to achieve full-year profitability in 2026 and anticipates quarter-to-quarter variability from the timing of awards and contract milestones. It expects approval for Syrenity in the CMS ACCESS Model to provide a consistent revenue source over the next decade.
