Synchrony Financial (SYF) Tax Provisions (2013 - 2026)

Synchrony Financial (SYF) posted Tax Provisions of $242.0 million for Q1 2026, up 20.4% quarter-over-quarter from $201.0 million in Q4 2025, and up 6.61% year-on-year from $227.0 million in Q1 2025.

Synchrony Financial (SYF) Tax Provisions (2013 - 2026) Analysis & Trends

Synchrony Financial (SYF) has reported Tax Provisions for 14 consecutive years, with $242.0 million the latest figure, recorded in Q1 2026.

  • Tax Provisions for Q1 2026 came in at $242.0 million, up 6.61% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 25.17% YoY), and the FY2025 annual result was $1.1 billion, up 1.42% from the prior year.
  • Tax Provisions was $242.0 million for Q1 2026 at Synchrony Financial, up from $201.0 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $415.0 million in Q1 2024 and troughed at $99.0 million in Q4 2023.
  • Average Tax Provisions over 5 years is $233.9 million, with a median of $219.0 million recorded in 2022.
  • Year-over-year, Tax Provisions surged 119.58% in 2024 and sank 45.3% in 2025.
  • Over 5 years, Tax Provisions stood at $164.0 million in 2022, then tumbled by 39.63% to $99.0 million in 2023, then jumped by 101.01% to $199.0 million in 2024, then gained by 1.01% to $201.0 million in 2025, then climbed by 20.4% to $242.0 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $242.0 million in Q1 2026, $201.0 million in Q4 2025, and $352.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 1.15 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 930.00 Mn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 807.00 Mn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 280.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 4.50 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 32.82 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 81.00 Mn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 35.00 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -12.57 Mn
10 Synchrony Financial 76.77 Mn -20.48 Bn - 242.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 242.00 Mn
Dec 31, 2025 201.00 Mn
Sep 30, 2025 352.00 Mn
Jun 30, 2025 289.00 Mn
Mar 31, 2025 227.00 Mn
Dec 31, 2024 199.00 Mn
Sep 30, 2024 239.00 Mn
Jun 30, 2024 201.00 Mn
Mar 31, 2024 415.00 Mn
Dec 31, 2023 99.00 Mn
Sep 30, 2023 205.00 Mn
Jun 30, 2023 173.00 Mn
Mar 31, 2023 189.00 Mn
Dec 31, 2022 164.00 Mn
Sep 30, 2022 219.00 Mn
Jun 30, 2022 262.00 Mn
Mar 31, 2022 301.00 Mn
Dec 31, 2021 234.00 Mn
Sep 30, 2021 359.00 Mn
Jun 30, 2021 399.00 Mn