Synchrony Financial (SYF-PB) Research & Development (2013 - 2026)
Synchrony Financial (SYF-PB) reported Research & Development of $262.0 million for Q1 2026, up 19.63% on a YoY basis from $219.0 million in Q1 2025, and up 9.62% quarter-over-quarter from $239.0 million in Q4 2025.
Synchrony Financial (SYF-PB) Research & Development (2013 - 2026) Analysis & Trends
Synchrony Financial has reported Research & Development for 14 years, with the latest figure at $262.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 19.63% year-over-year to $262.0 million; the trailing twelve-month figure through Mar 2026 stood at $942.0 million (up 12.68% YoY), and the FY2025 full-year result was $899.0 million, up 11.96% from the prior year.
- Research & Development for Q1 2026 stood at $262.0 million, up from $239.0 million in the prior quarter.
- The five-year high for Research & Development was $262.0 million in Q1 2026, with the low at $145.0 million in Q1 2022.
- Historically, Research & Development has averaged $194.1 million across 5 years, with a median of $190.0 million in 2023.
- Annual changes were most pronounced in 2025 — Research & Development gained 3.86% — and 2026, when it climbed 19.63%.
- Synchrony Financial's Research & Development stood at $165.0 million in 2022, then gained by 15.15% to $190.0 million in 2023, then climbed by 8.95% to $207.0 million in 2024, then grew by 15.46% to $239.0 million in 2025, then grew by 9.62% to $262.0 million in 2026.
- The last three Research & Development figures came in at $262.0 million (Q1 2026), $239.0 million (Q4 2025), and $226.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | 260.00 Mn |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 1.59 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 496.00 Mn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 793.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | 262.00 Mn |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | - |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 187.68 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | - |
| 10 | Synchrony Financial | - | - | - | 262.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 262.00 Mn |
| Dec 31, 2025 | 239.00 Mn |
| Sep 30, 2025 | 226.00 Mn |
| Jun 30, 2025 | 215.00 Mn |
| Mar 31, 2025 | 219.00 Mn |
| Dec 31, 2024 | 207.00 Mn |
| Sep 30, 2024 | 203.00 Mn |
| Jun 30, 2024 | 207.00 Mn |
| Mar 31, 2024 | 186.00 Mn |
| Dec 31, 2023 | 190.00 Mn |
| Sep 30, 2023 | 177.00 Mn |
| Jun 30, 2023 | 179.00 Mn |
| Mar 31, 2023 | 166.00 Mn |
| Dec 31, 2022 | 165.00 Mn |
| Sep 30, 2022 | 150.00 Mn |
| Jun 30, 2022 | 163.00 Mn |
| Mar 31, 2022 | 145.00 Mn |
| Dec 31, 2021 | 143.00 Mn |
| Sep 30, 2021 | 139.00 Mn |
| Jun 30, 2021 | 137.00 Mn |