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

Synchrony Financial's (SYF) quarterly Operating Expenses came in at $1.3 billion in Q2 2026, up 6.91% YoY from $1.2 billion in Q2 2025, and up 1.14% on a QoQ basis from $1.3 billion in Q1 2026.

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

Synchrony Financial (SYF) has 14 years of Operating Expenses data on file, last reported at $1.3 billion in Q2 2026.

  • Quarterly Operating Expenses rose 6.91% year-over-year to $1.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.3 billion (up 7.08% YoY) and the FY2025 annual result came in at $5.1 billion, up 6.12% from the prior year.
  • Operating Expenses rose to $1.3 billion in Q2 2026, from $1.3 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q4 2025 to a low of $1.0 billion in Q1 2022.
  • A 5-year average of $1.2 billion and a median of $1.2 billion in 2024 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses increased 14.34% — and 2024, when it declined 3.72%.
  • Tracing SYF's Operating Expenses over 5 years: stood at $1.2 billion in 2022, then increased by 14.34% to $1.3 billion in 2023, then dropped by 3.72% to $1.3 billion in 2024, then gained by 10.42% to $1.4 billion in 2025, then decreased by 4.86% to $1.3 billion in 2026.
  • The last three Operating Expenses figures came in at $1.3 billion (Q2 2026), $1.3 billion (Q1 2026), and $1.4 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 4.76 Bn
2 Mastercard 506.53 Bn 493.04 Bn - 3.69 Bn
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 14.48 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 9.04 Bn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 7.26 Bn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 1.33 Bn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 950.34 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 891.92 Mn
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn 1.32 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.33 Bn
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