Synchrony Financial (SYF) Research & Development (2013 - 2026)
Synchrony Financial's (SYF) quarterly Research & Development came in at $248.0 million in Q2 2026, up 15.35% on a YoY basis from $215.0 million in Q2 2025, and down 5.34% quarter-over-quarter from $262.0 million in Q1 2026.
Analysis
Synchrony Financial (SYF) Research & Development (2013 - 2026) Analysis & Trends
Synchrony Financial (SYF) has reported Research & Development for 14 consecutive years, with $248.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 15.35% year-over-year to $248.0 million; the trailing twelve-month figure through Jun 2026 stood at $975.0 million (up 15.52% YoY), and the FY2025 full-year result was $899.0 million, up 11.96% from the prior year.
- Research & Development retreated to $248.0 million in Q2 2026 per SYF's latest filing, from $262.0 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.
- Historically, Research & Development has averaged $197.1 million across 5 years, with a median of $196.5 million in 2023.
- The sharpest annual moves came in 2025 and 2026: Research & Development advanced 3.86% in 2025, then grew 19.63% in 2026.
- Over 5 years, Research & Development stood at $165.0 million in 2022, then climbed by 15.15% to $190.0 million in 2023, then increased by 8.95% to $207.0 million in 2024, then rose by 15.46% to $239.0 million in 2025, then gained by 3.77% to $248.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $248.0 million, $262.0 million, and $239.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Synchrony Financial | 24.38 Bn | 8.19 Bn | - | 248.00 Mn |
| 2 | Affirm Holdings | 24.01 Bn | 22.38 Bn | - | 92.40 Mn |
| 3 | FirstCash Holdings | 9.50 Bn | 9.33 Bn | 533.67 Mn | - |
| 4 | Credit Acceptance | 6.00 Bn | 5.51 Bn | 569.30 Mn | 29.90 Mn |
| 5 | Slm | 4.72 Bn | -77.52 Mn | - | - |
| 6 | Enova International | 4.35 Bn | 4.22 Bn | 568.07 Mn | - |
| 7 | Bread Financial Holdings | 4.20 Bn | -15.89 Bn | 957.00 Mn | 80.00 Mn |
| 8 | StoneCo | 2.99 Bn | 1.38 Bn | 308.97 Mn | - |
| 9 | Ezcorp | 1.88 Bn | 1.57 Bn | 246.19 Mn | - |
| 10 | Navient | 1.64 Bn | 275.03 Mn | - | 16.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 248.00 Mn |
| 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 |