Synchrony Financial (SYF-PB) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 4.63B | 2.35B | 2.68B | 2.5B | 2.23B | 2.24B | 2.22B | 2.02B | 1.84B | 1.85B | 1.99B | 1.91B | 1.91B | 1.89B | 1.99B | 2.15B | 2.27B | 2.17B | 2.46B | 2.59B |
| Gross Margin % | 82.72% | 49.33% | 55.38% | 53.08% | 46.36% | 45.54% | 44.43% | 41.34% | 37.71% | 39.12% | 44.48% | 45.55% | 48.53% | 51.2% | 59.66% | 68.33% | 75.08% | 73.45% | 90.28% | 97.29% |
| Gross Profit Growth % | 108.13% | 4.96% | 20.75% | 23.75% | 20.7% | 20.75% | 11.58% | 5.76% | -3.35% | -1.96% | 0.05% | -11.07% | -15.98% | -12.77% | -19.3% | -16.99% | 1.11% | 11.57% | 66.4% | 147.75% |
| Operating Expenses | 3.72B | 1.4B | 1.25B | 1.25B | 1.24B | 1.27B | 1.19B | 1.18B | 137M | 1.32B | 1.15B | 1.17B | 1.12B | 1.15B | 1.06B | 1.08B | 1.04B | 1.12B | 961M | 948M |
| OpEx % of Revenue | 66.41% | 29.35% | 25.82% | 26.42% | 25.87% | 25.76% | 23.83% | 24.07% | 2.8% | 27.75% | 25.83% | 27.87% | 28.44% | 31.15% | 31.96% | 34.44% | 34.34% | 38% | 35.25% | 35.63% |
| Selling, General & Admin | 1.32B | 723M | 623M | 636M | 622M | 582M | 587M | 563M | 621M | 633M | 569M | 584M | 582M | 580M | 531M | 539M | 518M | 576M | 479M | 473M |
| SG&A % of Revenue | 23.49% | 15.17% | 12.89% | 13.5% | 12.95% | 11.83% | 11.76% | 11.52% | 12.69% | 13.35% | 12.74% | 13.92% | 14.79% | 15.7% | 15.95% | 17.14% | 17.12% | 19.51% | 17.57% | 17.78% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 914M | 952M | 1.43B | 1.26B | 984M | 973M | 1.03B | 844M | 1.71B | 539M | 833M | 742M | 790M | 741M | 922M | 1.07B | 1.23B | 1.05B | 1.5B | 1.64B |
| Operating Margin % | 16.31% | 19.97% | 29.56% | 26.66% | 20.48% | 19.78% | 20.6% | 17.26% | 34.91% | 11.37% | 18.65% | 17.69% | 20.08% | 20.05% | 27.7% | 33.9% | 40.75% | 35.46% | 55.03% | 61.67% |
| Operating Income Growth % | -7.11% | -2.16% | 39.01% | 48.82% | -42.39% | 80.52% | 23.41% | 13.75% | 116.2% | -27.26% | -9.65% | -30.39% | -35.93% | -29.23% | -38.53% | -35.04% | -6.24% | 10.91% | 264.08% | 2681.36% |
| EBITDA | 914M | 1.09B | 1.56B | 1.38B | 1.11B | 1.09B | 1.15B | 965M | 1.83B | 657M | 949M | 855M | 901M | 842M | 1.03B | 1.17B | 1.34B | 1.15B | 1.59B | 1.74B |
| EBITDA Margin % | 16.31% | 22.89% | 32.21% | 29.24% | 23.08% | 22.22% | 23.03% | 19.74% | 37.35% | 13.85% | 21.24% | 20.38% | 22.9% | 22.79% | 30.85% | 37.27% | 44.28% | 39.01% | 58.44% | 65.31% |
| EBITDA Growth % | -17.58% | -0.18% | 35.51% | 42.8% | -39.3% | 66.36% | 21.07% | 12.87% | 102.77% | -21.97% | -7.59% | -27.05% | -32.76% | -26.91% | -35.53% | -32.57% | -4.96% | 11.09% | 212.97% | 1014.1% |
| D&A (Non-Cash Add-back) | 0 | 139M | 128M | 122M | 125M | 120M | 121M | 121M | 119M | 118M | 116M | 113M | 111M | 101M | 105M | 106M | 107M | 105M | 93M | 97M |
| EBIT | 914M | 952M | 1.43B | 1.26B | 984M | 973M | 1.03B | 844M | 1.71B | 539M | 833M | 742M | 790M | 741M | 922M | 1.07B | 1.23B | 1.05B | 1.5B | 1.64B |
| Net Interest Income | 4.63B | 4.76B | 4.72B | 4.52B | 4.46B | 4.59B | 4.61B | 4.41B | 4.41B | 4.47B | 4.36B | 4.12B | 4.05B | 4.11B | 3.93B | 3.8B | 3.79B | 3.83B | 3.66B | 3.31B |
| Interest Income | 5.6B | 5.73B | 5.73B | 5.59B | 5.55B | 5.71B | 5.79B | 5.58B | 5.57B | 5.55B | 5.35B | 5.02B | 4.79B | 4.71B | 4.34B | 4.07B | 4.02B | 4.05B | 3.9B | 3.58B |
| Interest Expense | 968M | 973M | 1.01B | 1.06B | 1.09B | 1.12B | 1.18B | 1.18B | 1.16B | 1.08B | 992M | 901M | 735M | 602M | 414M | 272M | 233M | 223M | 240M | 266M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 1.05B | 952M | 1.43B | 1.26B | 984M | 973M | 1.03B | 844M | 1.71B | 539M | 833M | 742M | 790M | 741M | 922M | 1.07B | 1.23B | 1.05B | 1.5B | 1.64B |
| Pretax Margin % | 18.69% | 19.97% | 29.56% | 26.66% | 20.48% | 19.78% | 20.6% | 17.26% | 34.91% | 11.37% | 18.65% | 17.69% | 20.08% | 20.05% | 27.7% | 33.9% | 40.75% | 35.46% | 55.03% | 61.67% |
| Income Tax | 242M | 201M | 352M | 289M | 227M | 199M | 239M | 201M | 415M | 99M | 205M | 173M | 189M | 164M | 219M | 262M | 301M | 234M | 359M | 399M |
| Effective Tax Rate % | 23.11% | 21.11% | 24.63% | 23.01% | 23.07% | 20.45% | 23.25% | 23.82% | 24.3% | 18.37% | 24.61% | 23.32% | 23.92% | 22.13% | 23.75% | 24.58% | 24.41% | 22.35% | 23.93% | 24.31% |
| Net Income | 805M | 751M | 1.08B | 967M | 757M | 774M | 789M | 643M | 1.29B | 440M | 628M | 569M | 601M | 577M | 703M | 804M | 932M | 813M | 1.14B | 1.24B |
| Net Margin % | 14.37% | 15.76% | 22.28% | 20.52% | 15.76% | 15.73% | 15.81% | 13.15% | 26.43% | 9.28% | 14.06% | 13.56% | 15.28% | 15.62% | 21.12% | 25.56% | 30.8% | 27.53% | 41.86% | 46.67% |
| Net Income Growth % | 6.34% | -2.97% | 36.5% | 50.39% | -41.45% | 75.91% | 25.64% | 13.01% | 115.14% | -23.74% | -10.67% | -29.23% | -35.52% | -29.03% | -38.39% | -35.27% | -9.07% | 10.16% | 264.54% | 2487.5% |
| Net Income (Continuing) | 805M | 751M | 1.08B | 967M | 757M | 774M | 789M | 643M | 1.29B | 440M | 628M | 569M | 601M | 577M | 703M | 804M | 932M | 813M | 1.14B | 1.24B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.27 | 2.04 | 2.86 | 2.50 | 1.89 | 1.91 | 1.94 | 1.55 | 3.14 | 1.03 | 1.48 | 1.32 | 1.35 | 1.26 | 1.49 | 1.62 | 1.79 | 1.48 | 2.00 | 2.12 |
| EPS Growth % | 20.11% | 6.81% | 47.42% | 61.29% | -39.81% | 85.44% | 31.08% | 17.42% | 132.59% | -18.25% | -0.67% | -18.52% | -24.58% | -14.86% | -25.5% | -23.58% | 3.47% | 19.35% | 284.62% | 3249.13% |
| EPS (Basic) | 2.29 | 2.07 | 2.89 | 2.51 | 1.91 | 1.93 | 1.96 | 1.56 | 3.17 | 1.04 | 1.49 | 1.32 | 1.36 | 1.27 | 1.50 | 1.63 | 1.81 | 1.49 | 2.02 | 2.13 |
| Diluted Shares Outstanding | 346M | 357.84M | 379.4M | 379.1M | 389.4M | 394.8M | 396.5M | 402.6M | 408.2M | 414.6M | 418.4M | 424.2M | 437.2M | 448.9M | 470.7M | 495.3M | 519.5M | 543M | 565.6M | 581.7M |
| Basic Shares Outstanding | 342.4M | 357.84M | 375.7M | 376.2M | 385.2M | 389.3M | 392.3M | 399.3M | 404.7M | 411.9M | 416M | 422.7M | 434.4M | 445.8M | 468.5M | 493M | 515.3M | 537.8M | 560.6M | 577.2M |
| Dividend Payout Ratio | - | 14.11% | 10.21% | 11.79% | 12.81% | 12.53% | 12.55% | 15.55% | 7.89% | 23.41% | 16.56% | 17.4% | 16.64% | 17.85% | 15.5% | 13.43% | 12.23% | 14.76% | 10.87% | 10.31% |