Synchrony Financial (SYF) Tax Provisions (2013 - 2026)
Synchrony Financial's (SYF) quarterly Tax Provisions came in at $301.0 million in Q2 2026, up 4.15% YoY from $289.0 million in Q2 2025, and up 24.38% on a QoQ basis from $242.0 million in Q1 2026.
Analysis
Synchrony Financial (SYF) Tax Provisions (2013 - 2026) Analysis & Trends
Synchrony Financial (SYF) has 14 years of Tax Provisions data on file, last reported at $301.0 million in Q2 2026.
- Quarterly Tax Provisions rose 4.15% year-over-year to $301.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.1 billion (up 14.88% YoY) and the FY2025 annual result came in at $1.1 billion, up 1.42% from the prior year.
- Tax Provisions grew to $301.0 million in Q2 2026, from $242.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $415.0 million in Q1 2024 to a low of $99.0 million in Q4 2023.
- A 5-year average of $237.7 million and a median of $223.0 million in 2022 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2024 — Tax Provisions soared 119.58% — and 2025, when it tumbled 45.3%.
- Tracing SYF's Tax Provisions over 5 years: stood at $164.0 million in 2022, then plunged by 39.63% to $99.0 million in 2023, then jumped by 101.01% to $199.0 million in 2024, then grew by 1.01% to $201.0 million in 2025, then surged by 49.75% to $301.0 million in 2026.
- The last three Tax Provisions figures came in at $301.0 million (Q2 2026), $242.0 million (Q1 2026), and $201.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | 1.21 Bn |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | 1.10 Bn |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 961.00 Mn |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | 798.00 Mn |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | 206.00 Mn |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | -1.45 Bn |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | 301.00 Mn |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 47.72 Mn |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 127.00 Mn |
| 10 | FirstCash Holdings | 9.51 Bn | 9.34 Bn | 533.67 Mn | 33.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 301.00 Mn |
| 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 |