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% YoY from $215.0 million in Q2 2025, and down 5.34% on a QoQ basis from $262.0 million in Q1 2026.

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

Synchrony Financial (SYF) has 14 years of Research & Development data on file, last reported at $248.0 million in Q2 2026.

  • Quarterly Research & Development rose 15.35% year-over-year to $248.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $975.0 million (up 15.52% YoY) and the FY2025 annual result came in at $899.0 million, up 11.96% from the prior year.
  • Research & Development eased to $248.0 million in Q2 2026, from $262.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $262.0 million in Q1 2026 to a low of $145.0 million in Q1 2022.
  • A 5-year average of $197.1 million and a median of $196.5 million in 2023 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2025 — Research & Development gained 3.86% — and 2026, when it climbed 19.63%.
  • Tracing SYF's Research & Development over 5 years: stood at $165.0 million in 2022, then gained by 15.15% to $190.0 million in 2023, then climbed by 8.95% to $207.0 million in 2024, then grew by 15.46% to $239.0 million in 2025, then increased by 3.77% to $248.0 million in 2026.
  • The last three Research & Development figures came in at $248.0 million (Q2 2026), $262.0 million (Q1 2026), and $239.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Visa 618.21 Bn 605.85 Bn - 280.00 Mn
2 Mastercard 506.53 Bn 493.04 Bn - -
3 American Express 232.32 Bn 183.00 Bn 17.99 Bn 1.76 Bn
4 Capital One Financial 136.19 Bn 81.48 Bn - 489.00 Mn
5 PayPal Holdings 52.34 Bn 41.08 Bn - 849.00 Mn
6 Eason Technology 35.89 Bn 35.89 Bn - -
7 Synchrony Financial 26.09 Bn 9.90 Bn - 248.00 Mn
8 Affirm Holdings 25.93 Bn 24.20 Bn - 72.85 Mn
9 SoFi Technologies 23.04 Bn 22.68 Bn -41.62 Mn 335.54 Mn
10 Ally Financial 13.61 Bn 5.77 Bn 2.08 Bn -

Historic Data

Download Data
DateValue
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