Synchrony Financial (SYF) Financial Statements & Analysis

Synchrony Financial (SYF) Income Statement

Synchrony Financial reported revenue of $19.12B in fiscal 2025 (fiscal year ended Dec 31, 2025), down 7.9% from $20.76B a year earlier. Net income was $3.55B, up 1.5% year over year, a net margin of 18.6%. Gross margin was 51.0% and operating margin 24.2%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $3.72B, up 1.9% from the same quarter a year earlier.

Synchrony Financial Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Synchrony Financial income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	19.12	20.76	7.66	13.20	9.47	12.83	15.60	15.15	13.76
Cost of Revenue	9.36	11.37	9.68	4.90	1.76	6.98	6.47	7.42	6.69
Gross Profit	9.76	9.39	7.66	8.30	9.47	5.85	9.13	7.74	7.07
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	2.60	2.35	2.08	2.17	1.82	1.83	2.00	1.96	1.80
Operating Expenses	5.14	4.84	4.76	4.34	3.96	4.06	4.25	4.10	3.75
Operating Income	4.62	4.55	2.90	3.96	5.50	1.80	4.89	3.64	3.32
Other Income/Expense
Interest Income	22.60	22.65	20.71	17.15	15.27	16.07	19.09	17.99	16.41
Interest Expense	4.14	4.63	3.71	1.52	1.03	1.67	2.29	1.87	1.39
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income
Income Before Tax	4.62	4.55	2.90	3.96	5.50	1.80	4.89	3.64	3.32
Income Tax Expense	1.07	1.05	0.67	0.95	1.28	0.41	1.14	0.85	1.39
Net Income	3.55	3.50	2.20	3.02	4.18	1.39	3.75	2.79	1.94
Net Income - Continuous Operations	3.55	3.50	2.24	3.02	4.22	1.39	3.75	2.79	1.94
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	5.14	5.03	0.46	4.38	0.39	2.18	5.25	3.95	3.58
EBIT	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	0.51	0.48	0.46	0.42	0.39	0.38	0.37	0.30	0.25
Earnings Per Share
Basic EPS	9.00	9.00	5.00	6.00	7.00	2.00	6.00	4.00	2.00
Diluted EPS	9.00	9.00	5.00	6.00	7.00	2.00	6.00	4.00	2.00
Basic Shares Outstanding	0.36	0.40	0.42	0.48	0.56	0.59	0.67	0.74	0.80
Diluted Shares Outstanding	0.36	0.40	0.42	0.48	0.57	0.59	0.67	0.75	0.80

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Synchrony Financial Financial Statements

What was Synchrony Financial's revenue in fiscal 2025?

Synchrony Financial reported revenue of $19.12B in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 7.9% from $20.76B a year earlier.

Is Synchrony Financial profitable?

Yes. Synchrony Financial earned net income of $3.55B in fiscal 2025, a net margin of 18.6%. In fiscal 2024 it earned $3.50B.

What is Synchrony Financial's operating margin?

Synchrony Financial's operating income was $4.62B on revenue of $19.12B in fiscal 2025, an operating margin of 24.2%, compared with 21.9% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition