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
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