Synchrony Financial (SYF) Research & Development (2013 - 2026)

Synchrony Financial (SYF) posted Research & Development of $262.0 million for Q1 2026, up 9.62% quarter-over-quarter from $239.0 million in Q4 2025, and up 19.63% year-on-year from $219.0 million in Q1 2025.

Synchrony Financial (SYF) Research & Development (2013 - 2026) Analysis & Trends

Synchrony Financial (SYF) has reported Research & Development for 14 consecutive years, with $262.0 million the latest figure, recorded in Q1 2026.

  • Research & Development for Q1 2026 came in at $262.0 million, up 19.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $942.0 million (up 12.68% YoY), and the FY2025 annual result was $899.0 million, up 11.96% from the prior year.
  • Research & Development was $262.0 million for Q1 2026 at Synchrony Financial, up from $239.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $262.0 million in Q1 2026 and troughed at $145.0 million in Q1 2022.
  • Average Research & Development over 5 years is $194.1 million, with a median of $190.0 million recorded in 2023.
  • Year-over-year, Research & Development climbed 3.86% in 2025 and increased 19.63% in 2026.
  • Over 5 years, Research & Development stood at $165.0 million in 2022, then grew by 15.15% to $190.0 million in 2023, then rose by 8.95% to $207.0 million in 2024, then gained by 15.46% to $239.0 million in 2025, then gained by 9.62% to $262.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $262.0 million in Q1 2026, $239.0 million in Q4 2025, and $226.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 260.00 Mn
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.59 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 793.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn -
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 187.68 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn -
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn -
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -20.39 Mn
10 Synchrony Financial 76.77 Mn -20.48 Bn - 262.00 Mn

Historic Data

Download Data
DateValue
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