Synchrony Financial (SYF) Deferred Taxes (2013 - 2026)
Synchrony Financial's (SYF) quarterly Deferred Taxes came in at $6.0 million in Q2 2026, up 126.09% YoY from $2.7 million in Q2 2025, and down 78.57% on a QoQ basis from $28.0 million in Q1 2026.
Analysis
Synchrony Financial (SYF) Deferred Taxes (2013 - 2026) Analysis & Trends
Synchrony Financial (SYF) has 14 years of Deferred Taxes data on file, last reported at $6.0 million in Q2 2026.
- Quarterly Deferred Taxes rose 126.09% year-over-year to $6.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $187.0 million (up 416.95% YoY) and the FY2025 annual result came in at $184.0 million, up 287.76% from the prior year.
- Deferred Taxes slipped to $6.0 million in Q2 2026, from $28.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $140.0 million in Q3 2025 to a low of -$236.0 million in Q4 2022.
- A 5-year average of -$42.2 million and a median of -$29.0 million in 2024 frame the typical range for Deferred Taxes.
- Annual changes were most pronounced in 2022 — Deferred Taxes plunged 2045.45% — and 2025, when it jumped 294.44%.
- Tracing SYF's Deferred Taxes over 5 years: stood at -$236.0 million in 2022, then advanced by 20.76% to -$187.0 million in 2023, then jumped by 90.37% to -$18.0 million in 2024, then jumped by 172.22% to $13.0 million in 2025, then tumbled by 53.85% to $6.0 million in 2026.
- The last three Deferred Taxes figures came in at $6.0 million (Q2 2026), $28.0 million (Q1 2026), and $13.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | -656.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | -83.00 Mn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | -74.00 Mn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 67.00 Mn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 115.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | - |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 6.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 33.73 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | -23.00 Mn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 748,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.00 Mn |
| Mar 31, 2026 | 28.00 Mn |
| Dec 31, 2025 | 13.00 Mn |
| Sep 30, 2025 | 140.00 Mn |
| Jun 30, 2025 | -23.00 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Dec 31, 2024 | -18.00 Mn |
| Sep 30, 2024 | -72.00 Mn |
| Jun 30, 2024 | -35.00 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | -187.00 Mn |
| Sep 30, 2023 | -120.00 Mn |
| Jun 30, 2023 | -63.00 Mn |
| Mar 31, 2023 | -88.00 Mn |
| Dec 31, 2022 | -236.00 Mn |
| Sep 30, 2022 | -111.00 Mn |
| Jun 30, 2022 | -123.00 Mn |
| Mar 31, 2022 | 49.00 Mn |
| Dec 31, 2021 | -11.00 Mn |
| Sep 30, 2021 | 46.00 Mn |