Synchrony Financial (SYF) Operating Expenses (2013 - 2026)

Synchrony Financial (SYF) posted Operating Expenses of $1.3 billion for Q1 2026, down 5.93% quarter-over-quarter from $1.4 billion in Q4 2025, and up 5.87% year-on-year from $1.2 billion in Q1 2025.

Synchrony Financial (SYF) Operating Expenses (2013 - 2026) Analysis & Trends

Synchrony Financial (SYF) has reported Operating Expenses for 14 consecutive years, with $1.3 billion the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $1.3 billion, up 5.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.2 billion (up 6.81% YoY), and the FY2025 annual result was $5.1 billion, up 6.12% from the prior year.
  • Operating Expenses was $1.3 billion for Q1 2026 at Synchrony Financial, down from $1.4 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.4 billion in Q4 2025 and troughed at $1.0 billion in Q1 2022.
  • Average Operating Expenses over 5 years is $1.2 billion, with a median of $1.2 billion recorded in 2024.
  • Year-over-year, Operating Expenses gained 14.34% in 2023 and retreated 3.72% in 2024.
  • Over 5 years, Operating Expenses stood at $1.2 billion in 2022, then advanced by 14.34% to $1.3 billion in 2023, then retreated by 3.72% to $1.3 billion in 2024, then grew by 10.42% to $1.4 billion in 2025, then decreased by 5.93% to $1.3 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.3 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 4.00 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 3.49 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 13.88 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 6.87 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 950.34 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 891.92 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.24 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 422.90 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -363.39 Mn
10 Synchrony Financial 76.77 Mn -20.48 Bn - 1.32 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.32 Bn
Dec 31, 2025 1.40 Bn
Sep 30, 2025 1.25 Bn
Jun 30, 2025 1.25 Bn
Mar 31, 2025 1.24 Bn
Dec 31, 2024 1.27 Bn
Sep 30, 2024 1.19 Bn
Jun 30, 2024 1.18 Bn
Mar 31, 2024 1.21 Bn
Dec 31, 2023 1.32 Bn
Sep 30, 2023 1.15 Bn
Jun 30, 2023 1.17 Bn
Mar 31, 2023 1.12 Bn
Dec 31, 2022 1.15 Bn
Sep 30, 2022 1.06 Bn
Jun 30, 2022 1.08 Bn
Mar 31, 2022 1.04 Bn
Dec 31, 2021 1.12 Bn
Sep 30, 2021 961.00 Mn
Jun 30, 2021 948.00 Mn