Synchrony Financial SYF
NYSE SYF
$75.03 +0.61 (+0.82%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

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