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| Date | Value |
|---|---|
| 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 |