Synchrony Financial (SYF) Q3 FY2026 earnings

Synchrony Financial (SYF) announced its results for Q3 FY2026, the quarter ended 30 September 2026, on 20 October 2026. Net income was $892 million, down 17.2% on the year, and diluted earnings per share $2.68. The figures are from the company's earnings press release; the 10-Q with the full statements is not filed yet, and this page fills in when it is.

RevenueNot yetwith the 10-Q

Net income$892 milliondown 17.2%

Diluted EPS$2.68$2.86 a year earlier

QuarterQ3 FY2026ended 30 September 2026

What management said

Net earnings fell 17% year over year: Net earnings were $892 million, or $2.68 per diluted share, against $1.1 billion, or $2.86 per share, a year earlier. Net earnings decreased $185 million, or 17%.
Purchase volume grew on every platform: Purchase volume growth was broad-based across the company's five sales platforms, with both discretionary and non-discretionary out-of-partner spend up.
Net charge-offs fell to seasonal low: Net charge-offs were 4.79% of average loan receivables, down 37 basis points from 5.16%. Management said delinquency trends were consistent with typical seasonality.

Read the earnings call summary

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	n/a	3,718	3,823	n/a
Net income	892	885	1,077	-17.2%
Diluted EPS	$2.68	$2.59	$2.86	-6.3%

$ million except per share.

Q3 FY2026 is from the company's press release of 20 October 2026; the other columns are from its 10-Q and 10-K filings. A release figure is shown when the release's own figure for an earlier quarter matches the filed one, so the line and its units are read right; revenue will come with the 10-Q.

Quarterly results, the last 20 quarters filed

	Q3 FY2021	Q4 FY2021 *	Q1 FY2022	Q2 FY2022	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026
Revenue	2,486	2,730	2,793	2,873	2,915	3,093	3,199	3,294	3,475	3,659	4,798	3,712	3,814	3,801	3,718	3,647	3,823	3,793	3,698	3,718
Interest expense	240	223	233	272	414	602	735	901	992	1,083	1,163	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pre-tax income	1,500	1,047	1,233	1,066	922	741	790	742	833	539	1,708	844	1,028	973	984	1,256	1,429	952	1,047	1,186
Tax rate	24%	22%	24%	25%	24%	22%	24%	23%	25%	18%	24%	24%	23%	20%	23%	23%	25%	21%	23%	25%
Net income	1,141	813	932	804	703	577	601	569	628	440	1,293	643	789	774	757	967	1,077	751	805	885
Net margin	46%	30%	33%	28%	24%	19%	19%	17%	18%	12%	27%	17%	21%	20%	20%	27%	28%	20%	22%	24%
Diluted EPS	$2.00	$1.49	$1.77	$1.60	$1.47	$1.26	$1.35	$1.32	$1.48	$1.03	$3.14	$1.55	$1.94	$1.91	$1.89	$2.50	$2.86	$2.04	$2.27	$2.59
Operating cash flow	1,815	2,004	1,396	1,817	1,634	1,847	1,886	1,908	2,482	2,317	2,248	2,484	2,763	2,353	2,200	2,560	2,637	2,454	2,183	2,420
Buybacks	1,301	982	968	701	950	701	404	303	152	253	300	305	302	101	605	504	870	962	900	878
Dividends paid	124	120	114	108	109	103	100	99.0	104	103	102	100	99.0	97.0	97.0	114	110	106	104	100
Shares outstanding	547m	527m	506m	488m	459m	438m	428m	418m	414m	407m	401m	395m	389m	388m	381m	372m	360m	347m	337m	325m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Earnings press release for the quarter ended 30 September 2026, filed with the SEC on 20 October 2026 with a Form 8-K: the release.