The Goldman Sachs Group, Inc. (GS)
NYSE: GS · Real-Time Price · USD
859.57
-69.43 (-7.47%)
At close: Feb 27, 2026, 4:00 PM EST
859.50
-0.07 (-0.01%)
After-hours: Feb 27, 2026, 7:59 PM EST

The Goldman Sachs Group Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Interest and Dividend Income
80,37381,39768,51529,02412,120
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Total Interest Expense
66,81473,34162,16421,3465,650
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Net Interest Income
13,5598,0566,3517,6786,470
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Brokerage Commission
4,0424,0863,7894,0343,590
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Trading & Principal Transactions
19,58523,03620,36419,28826,972
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Asset Management Fee
11,74910,5969,5329,0058,171
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Underwriting & Investment Banking Fee
9,3487,7386,2187,36014,136
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Revenue Before Loan Losses
58,28353,51246,25447,36559,339
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Provision for Loan Losses
-1,1131,3481,0282,715357
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Revenue
59,39652,16445,22644,65058,982
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Revenue Growth (YoY)
13.86%15.34%1.29%-24.30%42.26%
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Salaries & Employee Benefits
18,90616,70615,49915,14817,719
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Cost of Services Provided
13,60511,98610,92210,8459,465
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Other Operating Expenses
2,6362,5172,5662,7162,739
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Total Operating Expenses
37,14533,37332,26530,85031,795
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Operating Income
22,25118,79112,96113,80027,187
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EBT Excluding Unusual Items
22,25118,79112,96113,80027,187
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Impairment of Goodwill
---504--
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Asset Writedown
-184-228-1,074-314-143
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Legal Settlements
-215-166-115--
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Other Unusual Items
---529--
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Pretax Income
21,85218,39710,73913,48627,044
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Income Tax Expense
4,6764,1212,2232,2255,409
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Net Income
17,17614,2768,51611,26121,635
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Preferred Dividends & Other Adjustments
---550519
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Net Income to Common
17,17614,2768,51610,71121,116
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Net Income Growth
20.31%67.64%-24.38%-47.95%128.72%
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Shares Outstanding (Basic)
313328341352351
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Shares Outstanding (Diluted)
318334346358356
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Shares Change (YoY)
-4.80%-3.53%-3.44%0.65%-1.25%
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EPS (Basic)
54.9343.5124.9930.4260.25
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EPS (Diluted)
54.0842.7924.6330.0659.45
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EPS Growth
26.38%73.77%-18.07%-49.44%140.25%
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Free Cash Flow
-47,218-15,303-14,9034,9601,631
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Free Cash Flow Per Share
-148.67-45.87-43.1013.854.58
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Dividend Per Share
-11.50010.5009.0006.500
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Dividend Growth
-9.52%16.67%38.46%30.00%
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Operating Margin
37.46%36.02%28.66%30.91%46.09%
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Profit Margin
28.92%27.37%18.83%23.99%35.80%
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Free Cash Flow Margin
-79.50%-29.34%-32.95%11.11%2.77%
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Effective Tax Rate
21.40%22.40%20.70%16.50%20.00%
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Source: S&P Capital IQ. Capital Markets template. Financial Sources.