Question
Is Synthesia's revenue verified?
Yes. Synthesia's audited 2025 accounts, filed at the UK's Companies House on 22 Sep 2026, show $113.2 million of revenue, up 94% from $58.3 million in 2024.
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Claim versus the filing
Annual recurring revenue, often shortened to ARR, is a run rate: roughly the current month's subscriptions times 12. It is not money already collected. Synthesia said "over $100 million in annual recurring revenue" on 15 Apr 2025, and the CFO told CNBC the company had $150 million in annual recurring revenue (a run rate) on 26 Jan 2026. The audited accounts sit between those two claims: $113.2 million booked across the whole of 2025. That is what you would expect from a company growing through the year. The claims are consistent with the filing. A further line, passing $200 million sometime in 2026, is a forecast, not a measured year.
| Side | Figure | What it is |
|---|---|---|
| Claimed | over $100 million a year | 15 Apr 2025, company press release. A run rate. |
| Verified | $113.2 million | Year ended 31 Dec 2025, accounts filed 22 Sep 2026. Money booked. |
| Claimed | $150 million in annual recurring revenue (a run rate) | 26 Jan 2026, CFO to CNBC. |
Revenue is not profit
The same accounts show a loss before tax of $69.9 million in 2025 (2024: $59.2 million). The accounts' risk section says the company was cash flow negative and relied on external capital. A large revenue figure can sit next to a loss.
Read the Synthesia case, how to verify an income claim, and how we verify.
Sources
- Companies House, group accounts to 31 Dec 2025, filed 22 Sep 2026. Auditor: PricewaterhouseCoopers LLP.
- Company press release, 15 Apr 2025
- CNBC, 26 Jan 2026