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
DateValue
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