Synchrony Financial (SYF-PA) Tax Provisions (2013 - 2026)
Synchrony Financial (SYF-PA) reported Tax Provisions of $242.0 million for Q1 2026, up 6.61% on a YoY basis from $227.0 million in Q1 2025, and up 20.4% quarter-over-quarter from $201.0 million in Q4 2025.
Synchrony Financial (SYF-PA) Tax Provisions (2013 - 2026) Analysis & Trends
Synchrony Financial has reported Tax Provisions for 14 years, with the latest figure at $242.0 million in Q1 2026.
- For the quarter ending Q1 2026, Tax Provisions rose 6.61% year-over-year to $242.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 25.17% YoY), and the FY2025 full-year result was $1.1 billion, up 1.42% from the prior year.
- Tax Provisions for Q1 2026 stood at $242.0 million, up from $201.0 million in the prior quarter.
- The five-year high for Tax Provisions was $415.0 million in Q1 2024, with the low at $99.0 million in Q4 2023.
- Historically, Tax Provisions has averaged $233.9 million across 5 years, with a median of $219.0 million in 2022.
- Annual changes were most pronounced in 2024 — Tax Provisions soared 119.58% — and 2025, when it tumbled 45.3%.
- Synchrony Financial's Tax Provisions stood at $164.0 million in 2022, then plunged by 39.63% to $99.0 million in 2023, then jumped by 101.01% to $199.0 million in 2024, then grew by 1.01% to $201.0 million in 2025, then rose by 20.4% to $242.0 million in 2026.
- The last three Tax Provisions figures came in at $242.0 million (Q1 2026), $201.0 million (Q4 2025), and $352.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 1.15 Bn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | 930.00 Mn |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 807.00 Mn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 518.00 Mn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 280.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 242.00 Mn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 4.50 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 32.82 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 81.00 Mn |
| 10 | Synchrony Financial | - | - | - | 242.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 242.00 Mn |
| Dec 31, 2025 | 201.00 Mn |
| Sep 30, 2025 | 352.00 Mn |
| Jun 30, 2025 | 289.00 Mn |
| Mar 31, 2025 | 227.00 Mn |
| Dec 31, 2024 | 199.00 Mn |
| Sep 30, 2024 | 239.00 Mn |
| Jun 30, 2024 | 201.00 Mn |
| Mar 31, 2024 | 415.00 Mn |
| Dec 31, 2023 | 99.00 Mn |
| Sep 30, 2023 | 205.00 Mn |
| Jun 30, 2023 | 173.00 Mn |
| Mar 31, 2023 | 189.00 Mn |
| Dec 31, 2022 | 164.00 Mn |
| Sep 30, 2022 | 219.00 Mn |
| Jun 30, 2022 | 262.00 Mn |
| Mar 31, 2022 | 301.00 Mn |
| Dec 31, 2021 | 234.00 Mn |
| Sep 30, 2021 | 359.00 Mn |
| Jun 30, 2021 | 399.00 Mn |