Syra Health
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Syra Health (SYRA) investor relations material

Syra Health Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary3 Nov, 2026

Executive summary

  • Q3 record revenue was $2,557,295, up 52% YoY; net income was $344,610 versus a $225,902 loss, marking a third consecutive profitable quarter.

  • Nine-month revenue was $7,225,238, up 32%; net income was $835,831 versus a $761,763 loss, and operating cash flow was $975,023.

Financial highlights

  • Q3 gross profit was $1,185,041 versus $554,541; operating income was $300,002 versus an operating loss of $232,171; diluted EPS was $0.02 versus $(0.02).

  • Q3 adjusted EBITDA was $301,725 versus a loss of $218,601.

  • Nine-month gross profit was $3.22M versus $1.90M; operating income was $743K versus an operating loss of $769K.

  • Nine-month net income included a $44,953 Indiana tax refund for a 2025 overpayment.

Outlook and guidance

  • Management remained on track for full-year 2026 profitability after three consecutive profitable quarters.

  • RFP- and contract-driven award timing, revenue recognition, and milestones may cause quarterly variability; delayed government awards and potential cancellations may weigh on near-term revenue and cash flows.

  • Existing liquidity and expected sales were projected to be insufficient for at least 12 months from issuance; additional financing or expense reductions may be needed if sales fall short.

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Frequently asked questions

Syra Health Corp. is a healthcare technology company that offers a range of products and services in behavioral and mental health, digital health, population health management, health education, and healthcare workforce solutions. Their key offerings include the Syrenity application for mental health, the SyraBot for automating healthcare tasks, and CarePlus for electronic medical records. The company also provides analytics services, medical communications, patient education, and healthcare training, along with recruiting healthcare professionals for long-term contracts. Syra Health serves mental health hospitals, government agencies, integrated health networks, managed care entities, and pharmaceutical manufacturers. The company is headquartered in Carmel, Indiana, and its shares are listed on NASDAQ.