Operating Expenses
Professional fees
Synchrony Financial Professional fees decreased by 14.0% to $209.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.7%, from $217.00M to $209.00M. Over 4 years (FY 2021 to FY 2025), Professional fees shows an upward trend with a 4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
A significant increase may indicate high levels of M&A activity, litigation, or complex restructuring efforts.
Detailed definition
Encompasses payments made to third-party service providers, including legal counsel, accounting firms, and management co...
Peer comparison
Standard operating expense line item found in the SG&A section of the income statement.
Metric ID:
professional_feesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $189.00M | $196.00M | $207.00M | $210.00M | $185.00M | $204.00M | $233.00M | $186.00M | $209.00M | $219.00M | $228.00M | $220.00M | $236.00M | $231.00M | $249.00M | $217.00M | $236.00M | $240.00M | $243.00M | $209.00M |
| QoQ Change | — | +3.7% | +5.6% | +1.4% | -11.9% | +10.3% | +14.2% | -20.2% | +12.4% | +4.8% | +4.1% | -3.5% | +7.3% | -2.1% | +7.8% | -12.9% | +8.8% | +1.7% | +1.3% | -14.0% |
| YoY Change | — | — | — | — | -2.1% | +4.1% | +12.6% | -11.4% | +13.0% | +7.4% | -2.1% | +18.3% | +12.9% | +5.5% | +9.2% | -1.4% | +0.0% | +3.9% | -2.4% | -3.7% |
Range$185.00M – $249.00M
CAGR+2.1%
Avg YoY Growth+4.0%
Median YoY Growth+4.0%
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Synchrony Segment | $217.00M | $236.00M | $240.00M | $243.00M | $209.00M |
| Total | $217.00M | $236.00M | $240.00M | $243.00M | $209.00M |
Professional fees at Other Companies
Frequently Asked Questions
- What is Synchrony Financial's professional fees?
- Synchrony Financial (SYF) reported professional fees of $209.00M in Q1 2026.
- How has Synchrony Financial's professional fees changed year-over-year?
- Synchrony Financial's professional fees decreased by 3.7% year-over-year, from $217.00M to $209.00M.
- What is the long-term trend for Synchrony Financial's professional fees?
- Over 4 years (2021 to 2025), Synchrony Financial's professional fees has grown at a 4.6% compound annual growth rate (CAGR), from $782.00M to $936.00M.
- What does professional fees mean?
- The total cost of external legal, accounting, and consulting services.