Synchrony Financial (SYF) Research & Development (2013 - 2026)
Synchrony Financial posted quarterly Research & Development of $262.0 million for Q1 2026, up 19.63% year-on-year from $219.0 million in Q1 2025, and up 9.62% on a QoQ basis from $239.0 million in Q4 2025.
Synchrony Financial (SYF) Research & Development (2013 - 2026) Analysis & Trends
Synchrony Financial (SYF) has 14 years of Research & Development data on file, last reported 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.
- Across five years, Research & Development topped out at $262.0 million in Q1 2026 and bottomed at $145.0 million in Q1 2022.
- The 5-year median for Research & Development is $190.0 million (2023), against an average of $194.1 million.
- The widest annual swing landed in 2025, when Research & Development gained 3.86%; it then climbed 19.63% in 2026.
- A 5-year view of Research & Development shows it stood at $165.0 million in 2022, then advanced by 15.15% to $190.0 million in 2023, then grew by 8.95% to $207.0 million in 2024, then increased by 15.46% to $239.0 million in 2025, then increased 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 | 539.53 Bn | 527.13 Bn | - | 260.00 Mn |
| 2 | Mastercard | 441.81 Bn | 431.60 Bn | - | - |
| 3 | American Express | 215.01 Bn | 160.96 Bn | 17.43 Bn | 1.59 Bn |
| 4 | Capital One Financial | 114.99 Bn | 38.50 Bn | - | 496.00 Mn |
| 5 | PayPal Holdings | 41.29 Bn | 31.95 Bn | 7.84 Bn | 793.00 Mn |
| 6 | Affirm Holdings | 24.62 Bn | 22.89 Bn | 261.64 Mn | - |
| 7 | Synchrony Financial | 24.22 Bn | 3.66 Bn | - | 262.00 Mn |
| 8 | SoFi Technologies | 23.71 Bn | 20.31 Bn | 929.25 Mn | 187.68 Mn |
| 9 | Ally Financial | 13.13 Bn | 12.69 Bn | 1.98 Bn | - |
| 10 | Credit Acceptance | 6.46 Bn | 6.44 Bn | 562.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |