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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 280.00 Mn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 1.76 Bn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 489.00 Mn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 849.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | 92.40 Mn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 248.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 392.40 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | - |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 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 |