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The Goldman Sachs Group GS
$ 910.78 1.01%

Quarterly report 2025-Q3
added 12-06-2025

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The Goldman Sachs Group Financial Statements 2011-2025 | GS

Annual Financial Statements The Goldman Sachs Group

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

199 B 133 B 114 B 123 B 93.9 B 83.8 B 71 B 98.9 B 100 B 72.5 B 79.1 B 78.2 B 73 B 57.6 B

Shares

328 M 341 M 352 M 350 M 356 M 372 M 385 M 402 M 427 M 449 M 459 M 471 M 496 M 525 M

Historical Prices

608 391 324 351 263 226 184 246 208 144 152 143 127 94.2

Net Income

14.3 B 8.52 B 11.3 B 21.6 B 9.46 B 8.47 B 10.5 B 4.29 B 7.4 B 6.08 B 8.48 B 8.04 B 7.48 B 4.44 B

Revenue

- - - - 44.6 B 36.5 B 33.4 B 29.5 B 28.1 B 31.2 B 32 B 31.9 B 32 B 28.8 B

Cost of Revenue

16.7 B 15.5 B 15.1 B - - - - - - - - - - -

Gross Profit

- - - - 44.6 B - - - - - - - - -

Interest Expense

73.3 B 62.2 B 21.3 B 5.65 B 8.94 B 17.4 B 15.9 B 10.2 B 7.1 B 5.39 B 5.56 B 6.67 B 7.5 B 7.98 B

EBITDA

2.39 B 4.86 B 2.46 B 2.02 B 1.9 B 1.7 B 1.33 B 1.15 B - - - - - -

Operating Expenses

- - - - - 26 B 24.1 B 21.6 B 20.5 B 25 B 22.2 B 22.5 B 23 B 22.6 B

General and Administrative Expenses

- - - - 13.3 B 12.4 B 12.3 B 11.9 B 11.6 B 12.7 B 12.7 B 12.8 B 13.5 B 12.8 B

All numbers in USD currency

Quarterly Income Statement The Goldman Sachs Group

2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

310 M 314 M 321 M 311 M 325 M 330 M 336 M - 339 M 342 M 347 M 335 M 353 M 355 M 351 M 334 M 348 M 351 M 357 M 344 M 356 M 356 M 358 M 347 M 370 M 374 M 380 M 368 M 385 M 388 M 389 M 375 M 398 M 406 M 412 M 393 M 422 M 432 M 441 M 419 M 449 M 451 M 453 M 430 M 456 M 462 M 469 M 446 M 463 M 473 M 482 M 465 M 491 M 502 M 511 M 485 M 518 M 532 M 541 M

Net Income

4.1 B 3.72 B 4.74 B - 2.99 B 3.04 B 4.13 B - 2.06 B 1.22 B 3.23 B - 3.07 B 2.93 B 3.94 B - 5.38 B 5.49 B 6.84 B - 3.37 B 373 M 1.21 B - 1.88 B 2.42 B 2.25 B - 2.52 B 2.56 B 2.83 B - 2.13 B 1.83 B 2.26 B - 2.09 B 1.82 B 1.14 B - 1.43 B 1.05 B 2.84 B - 2.24 B 2.04 B 2.03 B - 1.52 B 1.93 B 2.26 B - 1.51 B 962 M 2.11 B - -393 M 1.09 B 2.74 B

Cost of Revenue

4.68 B 4.68 B 4.88 B - 4.12 B 4.24 B 4.58 B - 4.19 B - - - 3.61 B - 4.08 B - 3.17 B 5.26 B 6.04 B - 3.12 B 4.48 B 3.24 B - 2.73 B 3.32 B 3.26 B - 3.02 B 3.4 B 4.06 B - 3.17 B 3.23 B 3.29 B - 3.21 B 3.33 B 2.66 B - 2.35 B 3.81 B 4.46 B - 2.8 B 3.92 B 4.01 B - 2.38 B 3.7 B 4.34 B - 3.68 B 2.92 B 4.38 B - 1.58 B 3.2 B 5.23 B

Interest Expense

17 B 16.7 B 16.5 B - 19.1 B 18.4 B 18.2 B - 16.7 B 15.2 B 13.2 B - 6.51 B 3.12 B 1.38 B - 1.55 B 1.31 B 1.57 B - 1.85 B 2.09 B 3.44 B - 4.45 B 4.69 B 4.38 B - 4.2 B 3.92 B 3.31 B - 2.68 B 2.43 B 2.23 B - 1.78 B 1.78 B 1.46 B - 1.28 B 1.49 B 1.18 B - 1.25 B 1.58 B 1.56 B - 1.56 B 1.84 B 1.68 B - 1.79 B - - - - - -

EBITDA

531 M 618 M 506 M - 621 M 646 M 627 M - 1.51 B - - - 666 M - 492 M - 509 M 520 M 498 M - 468 M 499 M 437 M - 473 M 399 M 368 M - 317 M 335 M 299 M - 280 M 265 M 257 M - 247 M 245 M 239 M - 222 M 265 M 219 M - 301 M 294 M 390 M - 280 M 266 M 302 M - 396 M 76 M 70 M - 84 M 66 M 57 M

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements The Goldman Sachs Group GS
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting The Goldman Sachs Group plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Capital markets industry

Issuer Price % 24h Market Cap Country
ATIF Holdings Limited ATIF Holdings Limited
ATIF
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Mercurity Fintech Holding Mercurity Fintech Holding
MFH
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BGC Partners BGC Partners
BGCP
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Associated Capital Group Associated Capital Group
AC
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A-Mark Precious Metals A-Mark Precious Metals
AMRK
- - $ 675 M usaUSA
Futu Holdings Limited Futu Holdings Limited
FUTU
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Hudson Capital Hudson Capital
HUSN
- 5.06 % $ 12 M chinaChina
AMTD International Inc. AMTD International Inc.
HKIB
- 1.56 % $ 798 M hong-kongHong-kong
JMP Group LLC JMP Group LLC
JMP
- 0.27 % $ 150 M usaUSA
China Finance Online Co. Limited China Finance Online Co. Limited
JRJC
- -1.71 % $ 15.5 M chinaChina
National Holdings Corporation National Holdings Corporation
NHLD
- - $ 44.7 M usaUSA
LPL Financial Holdings LPL Financial Holdings
LPLA
$ 373.38 -0.24 % $ 27.9 B usaUSA
Focus Financial Partners Focus Financial Partners
FOCS
- - $ 4.16 B usaUSA
Freedom Holding Corp. Freedom Holding Corp.
FRHC
$ 132.1 -0.83 % $ 7.85 B kazakhstanKazakhstan
Interactive Brokers Group Interactive Brokers Group
IBKR
$ 65.98 0.03 % $ 7.13 B usaUSA
Donnelley Financial Solutions Donnelley Financial Solutions
DFIN
$ 46.31 -0.13 % $ 1.35 B usaUSA
MarketAxess Holdings MarketAxess Holdings
MKTX
$ 182.54 -0.38 % $ 6.86 B usaUSA
Evercore Evercore
EVR
$ 350.42 0.56 % $ 13.4 B usaUSA
The Charles Schwab Corporation The Charles Schwab Corporation
SCHW
$ 101.85 0.66 % $ 186 B usaUSA
Moelis & Company Moelis & Company
MC
$ 71.12 1.04 % $ 5.57 B usaUSA
StoneX Group StoneX Group
SNEX
$ 98.07 0.51 % $ 4.65 B usaUSA
Nomura Holdings Nomura Holdings
NMR
$ 8.32 -0.72 % $ 24.6 q japanJapan
Scully Royalty Ltd. Scully Royalty Ltd.
SRL
$ 6.79 0.59 % $ 89.1 M canadaCanada
Cowen Cowen
COWN
- - $ 1.1 B usaUSA
UP Fintech Holding Limited UP Fintech Holding Limited
TIGR
$ 9.02 - $ 21.7 B chinaChina
Morgan Stanley Morgan Stanley
MS
$ 181.65 1.2 % $ 289 B usaUSA
GAMCO Investors GAMCO Investors
GBL
- -8.2 % $ 390 M usaUSA
Virtu Financial Virtu Financial
VIRT
$ 33.78 1.2 % $ 2.96 B usaUSA
Greenhill & Co. Greenhill & Co.
GHL
- -0.13 % $ 272 M usaUSA
Houlihan Lokey Houlihan Lokey
HLI
$ 177.99 0.01 % $ 11.7 B usaUSA
Heritage Global Heritage Global
HGBL
$ 1.23 -0.81 % $ 45.1 M usaUSA
Oppenheimer Holdings Oppenheimer Holdings
OPY
$ 75.94 0.24 % $ 786 M usaUSA
Westwood Holdings Group Westwood Holdings Group
WHG
$ 17.6 -2.6 % $ 144 M usaUSA
XP XP
XP
$ 16.43 0.31 % $ 13.8 B brasilBrasil
Piper Sandler Companies Piper Sandler Companies
PIPR
$ 349.84 0.08 % $ 5.62 B usaUSA
PJT Partners PJT Partners
PJT
$ 171.48 -0.12 % $ 6.81 B usaUSA
Lazard Ltd Lazard Ltd
LAZ
$ 49.52 0.51 % $ 4.61 B bermudaBermuda
Raymond James Financial Raymond James Financial
RJF
$ 165.8 0.02 % $ 33.5 B usaUSA
Stifel Financial Corp. Stifel Financial Corp.
SF
$ 128.58 0.15 % $ 13.4 B usaUSA
Tradeweb Markets Tradeweb Markets
TW
$ 107.24 -0.03 % $ 22.8 B usaUSA