Total Operating Expenses
Synchrony Financial Total Operating Expenses decreased by 5.9% to $1.32B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $1.24B to $1.32B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 6.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase faster than revenue growth suggests declining operating margins, while slower growth indicates effective cost control.
Detailed definition
Total operating expenses represent the sum of all costs incurred to operate the business, excluding the cost of goods so...
Peer comparison
Used to calculate operating margin; peers in the healthcare sector monitor this closely to manage profitability against R&D requirements.
total_operating_expensesHistorical Data
| 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 | $948.00M | $961.00M | $1.12B | $1.04B | $1.08B | $1.06B | $1.15B | $1.12B | $1.17B | $1.15B | $1.32B | $1.21B | $1.18B | $1.19B | $1.27B | $1.24B | $1.25B | $1.25B | $1.40B | $1.32B |
| QoQ Change | — | +1.4% | +16.8% | -7.4% | +4.2% | -1.8% | +8.2% | -2.8% | +4.5% | -1.3% | +14.0% | -8.4% | -2.4% | +1.0% | +6.6% | -1.9% | +0.2% | +0.2% | +12.1% | -5.9% |
| YoY Change | — | — | — | — | +14.2% | +10.7% | +2.6% | +7.7% | +7.9% | +8.5% | +14.3% | +7.8% | +0.7% | +3.0% | -3.7% | +3.1% | +5.8% | +5.0% | +10.4% | +5.9% |
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Synchrony Segment | $1.24B | $1.25B | $1.25B | $1.40B | $1.32B |
| Total | $1.24B | $1.25B | $1.25B | $1.40B | $1.32B |
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Synchrony Financial's total operating expenses?
- Synchrony Financial (SYF) reported total operating expenses of $1.32B in Q1 2026.
- How has Synchrony Financial's total operating expenses changed year-over-year?
- Synchrony Financial's total operating expenses increased by 5.9% year-over-year, from $1.24B to $1.32B.
- What is the long-term trend for Synchrony Financial's total operating expenses?
- Over 4 years (2021 to 2025), Synchrony Financial's total operating expenses has grown at a 6.7% compound annual growth rate (CAGR), from $3.96B to $5.14B.
- What does total operating expenses mean?
- The total cost of running the business, including all non-production expenses.