Syra Health Corp
syrahealth.comWhat Do They Do?
Provides population-health analytics and care-improvement services to government and commercial healthcare organizations, alongside healthcare staffing and other health services.
10-K for FY2025, filed Mar 12, 2026Syra Health is an integrated healthcare solutions company serving government and commercial healthcare organizations with…View ↗
We define population health services as the process of assessing and analyzing healthcare and its delivery to create improvement for a…View ↗
Our healthcare workforce solutions are intended to help evaluate the immediate and longitudinal workforce needs of our client’s…View ↗
How Do They Make Money?
State health and social-service agencies and universities pay for staffing and other healthcare services under contracts; Syra generally bills every two weeks or monthly as work progresses.
10-K for FY2025, filed Mar 12, 2026The Company primarily provides its services to state health and social service agencies and universities. Healthcare Workforce, Health…View ↗
The contracts generally stipulate bi-weekly or monthly billing, and the Company has elected the “as invoiced” practical expedient to…View ↗
The majority of accounts receivable and revenue contracts are between the Company and different divisions within the Indiana Family and…View ↗
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10-K for FY2025, filed Mar 12, 2026
FY2025 revenue by product or service ↗
$7.2M
-
10-K for FY2025, filed Mar 12, 2026
$7.2M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Healthcare Workforce
Usage-based
10-K for FY2025, filed Mar 12, 2026 |
26%
FY2022: 94%
|
Healthcare Workforce, FY2025
$1.9M Sources
|
Usage-based |
|
Population Health
Mix
10-K for FY2025, filed Mar 12, 2026 |
74%
FY2022: 5.7%
|
Population Health, FY2025
$5.3M Sources
|
Mix |
Who Are Their Customers?
Serves government and commercial healthcare organizations, primarily state health and social-service agencies and universities.
10-K for FY2025, filed Mar 12, 2026
10-K for FY2025, filed Mar 12, 2026
The majority of accounts receivable and revenue contracts are between the Company and different divisions within the Indiana Family and…View ↗
Do Revenues Turn Into Profits?
No. It lost $896.3K in FY2025.
10-K for FY2025, filed Mar 12, 2026
−$904.3KView ↗
10-K for FY2025, filed Mar 12, 2026
−$896.3KView ↗
10-K for FY2025, filed Mar 12, 2026
−$447.9KView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 11, 2026
$250.2KView ↗
- ▲ Now profitable
- vs −$63.6K in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 11, 2026
Open tableView ↗
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Aug 11, 2026
Reiterates its target of full-year profitability
After two profitable quarters, it said it remains focused on its previously stated target for full-year profitability in 2026.
Sources
8-K, filed Aug 11, 2026
Following two consecutive profitable quarters, Syra Health remains focused on achieving its previously stated target of full-year…View ↗
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