Goldman Sachs Group Inc (GS) Financial Statements
Industry: Security Brokers, Dealers & Flotation Companies
In fiscal 2025, Goldman Sachs reported revenue of $58.28B, up 8.9% from $53.51B the year before. Net income was $17.18B (a 29.5% net margin), or $51.32 per diluted share. Net interest income was $13.56B, and the efficiency ratio (noninterest expense / revenue) was 64.4%. Operating activities generated -$45.15B of cash, leaving -$47.22B of free cash flow. At fiscal year end, Goldman Sachs held $1.81T in total assets against $1.68T in total liabilities, including $164.26B of cash and equivalents.
Open the full interactive Goldman Sachs financials → Quarterly statements, key ratios, valuation history and price charts.
Goldman Sachs Key Stats
| Share Price | $891.91 |
|---|---|
| Market Cap | $271.94B |
| P/E Ratio | 17.4 |
| Dividend Yield | 2.25% |
| Revenue YoY Growth | +8.9% |
| 52-Week Range | $730.24 – $1,146.46 |
| Shares Outstanding | 300.1 million (basic, 2026 Q2) |
Goldman Sachs Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $4.75B | $6.47B | $7.68B | $6.35B | $8.06B | $13.56B |
| Provision for Credit Losses | $3.10B | $357.0M | $2.71B | $1.03B | $1.35B | -$1.11B |
| Noninterest Income | $39.81B | $52.87B | $39.69B | $39.90B | $45.46B | $44.72B |
| Noninterest Expense | $28.98B | $31.94B | $31.16B | $34.49B | $33.77B | $37.54B |
| Revenue | $44.56B | $59.34B | $47.37B | $46.25B | $53.51B | $58.28B |
| Pre-Tax Income | $12.48B | $27.04B | $13.49B | $10.74B | $18.40B | $21.85B |
| Income Tax | $3.02B | $5.41B | $2.23B | $2.22B | $4.12B | $4.68B |
| Net Income | $9.46B | $21.64B | $11.26B | $8.52B | $14.28B | $17.18B |
| Diluted EPS | $24.74 | $59.45 | $30.06 | $22.87 | $40.54 | $51.32 |
Goldman Sachs Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $15.18B | $13.45B | $17.23B | $20.34B |
| Net Income | $4.10B | $4.62B | $5.63B | $6.63B |
| Diluted EPS | $12.25 | $14.54 | $17.55 | $20.98 |
Goldman Sachs Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $155.84B | $261.04B | $241.82B | $241.58B | $182.09B | $164.26B |
| Loans (Net) | $116.11B | $158.56B | — | — | — | — |
| Total Assets | $1.16T | $1.46T | $1.44T | $1.64T | $1.68T | $1.81T |
| Deposits | $259.96B | $364.23B | $386.67B | $428.42B | $433.01B | $501.42B |
| Total Long-Term Debt | $266.35B | $301.05B | $308.10B | $317.82B | $312.34B | $355.96B |
| Total Liabilities | $1.07T | $1.35T | $1.32T | $1.52T | $1.55T | $1.68T |
| Shareholders' Equity | $95.93B | $109.93B | $117.19B | $116.91B | $122.00B | $124.97B |
Goldman Sachs Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$13.73B | $921.0M | $8.71B | -$12.59B | -$13.21B | -$45.15B |
| Cash From Investing | -$34.36B | -$30.46B | -$75.96B | -$17.31B | -$49.62B | -$44.23B |
| Cash From Financing | $70.38B | $134.74B | $59.60B | $27.80B | $7.32B | $66.10B |
| Free Cash Flow | -$20.04B | -$3.75B | $4.96B | -$14.90B | -$15.30B | -$47.22B |
| Dividends Paid | $2.34B | $2.73B | $3.68B | $4.19B | $4.50B | $5.28B |
Figures from Goldman Sachs' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Goldman Sachs financials page for every line item.
Goldman Sachs Company Profile
| Ticker | GS |
|---|---|
| Exchange | NYSE, OTC |
| Industry | Security Brokers, Dealers & Flotation Companies |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000886982 |
Frequently Asked Questions
What was Goldman Sachs' revenue in fiscal 2025?
Goldman Sachs (GS) reported revenue of $58.28B for fiscal 2025.
What is Goldman Sachs' annual revenue history?
Goldman Sachs' annual revenue by fiscal year: 2020: $44.56B; 2021: $59.34B; 2022: $47.37B; 2023: $46.25B; 2024: $53.51B; 2025: $58.28B.
What was Goldman Sachs' net income in fiscal 2025?
Goldman Sachs reported net income of $17.18B for fiscal 2025.
What was Goldman Sachs' earnings per share (EPS) in fiscal 2025?
Goldman Sachs' diluted EPS was $51.32 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Goldman Sachs generate in fiscal 2025?
Goldman Sachs generated -$47.22B of free cash flow in fiscal 2025.
What was Goldman Sachs' revenue last quarter?
In its most recent reported quarter (2026 Q2), Goldman Sachs reported revenue of $20.34B.
How much debt does Goldman Sachs have?
Goldman Sachs reported $355.96B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Goldman Sachs are outstanding?
Goldman Sachs reported a weighted average of 300.1 million basic shares outstanding in 2026 Q2.
What is Goldman Sachs' market cap?
Based on its latest closing price, Goldman Sachs (GS) has a market capitalization of about $271.94B.
When does Goldman Sachs' fiscal year end?
Goldman Sachs' fiscal year end, as registered with the SEC, is December 31.
Where is Goldman Sachs headquartered?
Goldman Sachs lists its business address in New York, New York in its SEC filings.
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