SINCHNasdaq StockholmTechnologyIFRS · SEK

Sinch

Sinch is a global leader in cloud communications for mobile customer engagement, headquartered in Stockholm, Sweden. The company provides a comprehensive Customer Communications Cloud that enables businesses to enhance customer experiences through mobile messaging, voice, and email solutions. Sinch serves over 190,000 businesses, including many of the world's largest tech companies, and is recognized for its robust API platform and network connectivity services. The company is publicly traded on NASDAQ Stockholm and has been profitable and fast-growing since its inception in 2008.

Revenue27.1bn SEK
−5.7 %y/y
Operating profit (EBIT)863m SEK
+114.9 %y/y
EBIT margin3.2%
+23.4 ppy/y
Net income217m SEK
+103.4 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-100102030bn SEK2021: 16.2 bn SEK2021: EBIT 0.16 bn SEK20212022: 27.7 bn SEK2022: EBIT -4.7 bn SEK20222023: 28.7 bn SEK2023: EBIT 0.49 bn SEK20232024: 28.7 bn SEK2024: EBIT -5.8 bn SEK20242025: 27.1 bn SEK2025: EBIT 0.86 bn SEK202527.10.86
RevenueOperating profit (EBIT)

Business

Share of revenue
Applications20 %

Software applications for customer engagement across marketing, operations, and customer care.

API Platform60 %

APIs for mobile messaging, voice calling, and emails, targeting developers and product managers.

Network Connectivity20 %

Voice and messaging interconnect services for telecom operators and wholesale buyers.

Customers

Sinch's customer base includes over 190,000 businesses worldwide, ranging from small enterprises to large multinational corporations. The company's solutions are particularly popular among technology firms looking to enhance customer engagement through advanced communication tools. Sinch's API platform is favored by developers and product managers for its seamless integration capabilities. Telecom operators and wholesale voice buyers rely on Sinch for robust network connectivity services. The diverse customer segments reflect Sinch's ability to cater to various industries and business sizes, emphasizing its adaptability and market reach.

Technology Firms

Use Sinch for mobile messaging and customer engagement tools.

Developers and Product Managers

Utilize APIs for integrating communication services.

Telecom Operators

Rely on network connectivity and interconnect services.

Strategy

Sinch's strategic priorities include achieving organic growth and enhancing profitability through targeted financial goals. The company aims to reach a 7-9% organic gross profit growth by 2027 and has already achieved its adjusted EBITDA margin target ahead of schedule. Sinch is focusing on strengthening its market leadership in the Americas and expanding its API platform capabilities. The company is also optimizing its contract portfolio by reducing low-margin contracts to support profitability. These strategic efforts are designed to solidify Sinch's competitive position and deliver value to shareholders.

Organic GrowthMedium term

To enhance profitability and market position.

Market LeadershipShort term

To strengthen presence in key regions.

API Platform ExpansionMedium term

To cater to developer needs and enhance integration capabilities.

Geography

Sinch operates globally with significant presence in the Americas, EMEA, and APAC regions. The Americas is the largest segment, contributing over 60% of net sales and gross profit, with the US and Brazil as key markets. EMEA and APAC regions also play crucial roles, with Australia and India being major contributors in APAC. Sinch's geographic distribution allows it to leverage diverse market opportunities and mitigate regional risks. The company's headquarters in Stockholm, Sweden, supports its strategic operations across these regions.

Risks

Sinch faces several business and financial risks, including currency fluctuations that impact financial results due to its global operations. The company is also exposed to competitive pressures in the rapidly evolving CPaaS market. Regulatory changes in telecommunications and data privacy laws pose additional challenges. Furthermore, Sinch must manage risks related to technological advancements and integration capabilities to maintain its market leadership. The reduction of low-margin contracts, while beneficial for profitability, may negatively impact short-term revenue growth.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Currency Fluctuations1Competitive Pressures2Regulatory Changes3
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Currency FluctuationsImpact: HighLikelihood: High

    Global operations expose Sinch to exchange rate volatility.

  2. Competitive PressuresImpact: MediumLikelihood: High

    Rapidly evolving CPaaS market increases competition.

  3. Regulatory ChangesImpact: MediumLikelihood: Medium

    Telecommunications and data privacy laws can impact operations.

Accounting

Judgemental items
Revenue Recognition

Complex contracts require careful estimation and timing.

Impact: Affects reported revenue and profitability.

Currency Translation

Global operations expose Sinch to exchange rate volatility.

Impact: Impacts financial results and net asset valuation.

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Sinch Revenue, Earnings & Financials 2025 – Clarifo