The U.S. Geologic Survey National Earthquake Information Center (NEIC) monitors global seismicity, producing a catalog of earthquake source parameters in near-real-time to provide information that can help mitigate the societal impact of earthquakes. The NEIC commonly relies on teleseismic observations to constrain earthquake source parameters (e.g., location, depth, magnitude, and mechanism) due to a lack of local and regional observations. For these ‘teleseismic’ events, depth phase (i.e., pP, sP) arrival time observations provide the best estimate on source depth. However, depth phases are often difficult to accurately identify and/or pick. Therefore, NEIC relies on waveform modeling, such as those determined from W-phase (M_ww), body wave (M_wb), and regional (M_wr) moment tensor estimations, to provide constraints on source depth. While depth estimates from these approaches are informative, higher frequency observations provide more precise estimates because depth phases are more prominently observed at higher frequencies. Here, we present NEIC’s relatively high-frequency (~0.04 to 1 Hz) teleseismic waveform modeling approach, termed Synthetic Depth Phase Modeling (SynDepth), for determining source depth. SynDepth was developed to provide NEIC with a tool that enables rapid, accurate, and quantifiable estimates of earthquake source depth in cases where locator depths are not reliable. This relatively simple and fast procedure searches over 1 km-incremented source depths and an expanding triangular source-time function to find the best-fitting solution. We compare automatic SynDepth solutions for a dataset of 1,216 earthquakes (M5.5-M7.6) between 2017 and 2021 to NEIC-derived depth estimates from other methods. Our approach provides a robust depth estimate for earthquakes lacking local arrival time data, and it minimizes the need for analyst review of depth-phase picks (pP, sP) or using predefined ‘fixed’ depths.