53/100B865.63
USD
-2.79
(-0.32%)
Post Trading·868.79USD+3.16(+0.37%)
Last updated: · Delayed 15 min
Fair value956.65Plus-10%354Price 865.631,464
Q4 FY2026 · Earnings report
EPS estimate 15.93Revenue estimate 17.73B
Q4 FY2026 · Earnings report
EPS estimate 15.93Revenue estimate 17.73B
Goldman Sachs Group financials
Yes. Goldman Sachs Group earned 22.17B USD of net income over the last twelve months, 31.8% of its revenue. It made a profit in 27 of its 27 fiscal years since 1999.
- Revenue (TTM)
- 69.70B USD
- Net income (TTM)
- 22.17B USD
- Free cash flow (TTM)
- -41.52B USD
- Cash and short-term investments
- 1.01T USD
- Total debt
- 839.00B USD
- Shareholders' equity
- 125.00B USD
Cash, debt and equity as of 30 Sept 2026.
Goldman Sachs Group earnings
Next earnings · Q4 FY2026
EPS estimate
15.93 USD
Revenue estimate
17.73B USD
Last quarter · Q3 FY2026
EPS17.01Beat +32.3%Revenue18.68BBeat +11.0%
Revenue
ReportedEstimate
EPS
ReportedEstimate
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2028 | 20.42 | — | — | +6.85% | 19.30B | — | — | +2.26% | |
| Q4 FY2027 | 18.53 | — | — | +16.31% | 18.57B | — | — | +4.73% | |
| Q1 FY2027 | 19.11 | — | — | +8.90% | 18.87B | — | — | +9.54% | |
| Q4 FY2026 | 15.93 | — | — | +13.70% | 17.73B | — | — | +31.80% | |
| Q3 FY2026 | 12.86 | 17.01 | +32.27% | +38.86% | 16.83B | 18.68B | +10.97% | +23.02% | |
| Q2 FY2026 | 14.54 | 20.98 | +44.29% | +92.30% | 16.22B | 20.34B | +25.35% | +39.46% | |
| Q1 FY2026 | 16.47 | 17.55 | +6.56% | +24.29% | 16.99B | 17.23B | +1.39% | +14.37% | |
| Q4 FY2025 | 11.70 | 14.01 | +19.74% | +17.24% | 14.52B | 13.45B | -7.34% | -2.99% | |
| Q3 FY2025 | 11.03 | 12.25 | +11.06% | +45.83% | 14.12B | 15.18B | +7.51% | +19.57% | |
| Q2 FY2025 | 9.65 | 10.91 | +13.06% | +26.57% | 13.51B | 14.58B | +7.98% | +14.55% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 80.28 | — | — | +7.52% | 76.35B | — | — | +2.64% |
| FY2027 | 74.67 | — | — | +4.51% | 74.39B | — | — | +1.09% |
| FY2026 | 71.44 | — | — | +39.29% | 73.59B | — | — | +26.25% |
| FY2025 | 48.85 | 51.29 | +5.00% | +26.49% | 59.05B | 58.28B | -1.30% | +8.92% |
| FY2024 | 36.90 | 40.55 | +9.90% | +69.67% | 51.97B | 53.51B | +2.96% | +15.69% |
| FY2023 | 21.31 | 23.90 | +12.14% | -20.49% | 45.78B | 46.25B | +1.05% | -2.35% |
| FY2022 | 32.54 | 30.06 | -7.61% | -49.36% | 47.58B | 47.37B | -0.44% | -20.18% |
Goldman Sachs Group growth and profitability
Full income statement- Revenue (TTM)
- 69.70B USD
- Net income (TTM)
- 22.17B USD
- Gross margin
- 101.92%
- Operating margin
- 44.29%
- Net margin
- 31.81%
Revenue / Net income
Revenue Net income Net margin
How Goldman Sachs Group makes its money
Global Markets41.45B 71.1%
Investment Management16.68B 28.6%
Platform Solutions151.00M 0.3%
Revenue58.28B 100.0%
Gross profit59.40B 101.9%
Selling and administration19.62B 33.7%
Other operating expenses17.93B 30.8%
Operating income21.85B 37.5%
Tax4.68B 8.0%
Net income17.18B 29.5%
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Goldman Sachs Group revenue breakdown
By product
FY2025
71.1%Global Markets28.6%Investment Management
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Global Markets | 41.45B | 71.1% | +18.6% |
| Investment Management | 16.68B | 28.6% | +3.3% |
| Platform Solutions | 151.00M | 0.3% | -93.8% |
By region
FY2025
62.7%Americas24.3%EMEA13.0%Asia
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Americas | 36.55B | 62.7% | +6.1% |
| EMEA | 14.16B | 24.3% | +15.6% |
| Asia | 7.58B | 13.0% | +11.2% |
Operating and free cash flow
Full cash flow statementOperating cash flow Free cash flow
Goldman Sachs Group financial health
Full balance sheet- Cash and short-term investments
- 1.01T USD
- Total debt
- 839.00B USD
- Net cash
- 170.00B USD
- Free cash flow (TTM)
- -41.52B USD
- Current ratio
- 0.95
- Debt to equity
- 6.71
- Piotroski score
- 5 / 9
- Altman Z-score
- 0.25
Cash, debt and free cash flow
Cash and short-term investments Total debt Free cash flow
Assets, liabilities and equity
Total assets Total liabilities Shareholders' equity
Goldman Sachs Group valuation
- Price to earnings ratio (TTM)
- 12.29
- Forward P/E (FY2026)
- 12.12
- Price to sales (TTM)
- 3.58
- Price to book
- 2.00
- EV / EBITDA (TTM)
- 2.41
Capital structure
Market capitalization
249.68B USD
+
Total debt
839.00B USD
−
Cash and short-term investments
1.01T USD
=
Enterprise value
79.68B USD
Valuation over time
P/EForward P/EForward P/E · EstimateEstimate
Goldman Sachs Group against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Morgan Stanley, The Charles Schwab, Robinhood Markets, and Tradeweb Markets, the US Financial - Capital Markets companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Below its median12.35.020.8
- Gross marginHighest in 5 years101.9%94.3%101.9%Against its peers: 1 of 5Peers' median 75.3%
- Operating marginAbove its median37.5%23.2%45.6%Against its peers: 4 of 5Peers' median 41.3%
- Net marginAbove its median29.5%18.4%36.5%Against its peers: 4 of 5Peers' median 35.8%
- Return on equityAbove its median13.7%7.3%19.7%Against its peers: 4 of 5Peers' median 16.5%
- Free cash flow marginLowest in 5 years-81.0%-81.0%10.5%Against its peers: 5 of 5Peers' median 37.8%
- Revenue growthAt its median8.9%-20.2%33.2%Against its peers: 4 of 5Peers' median 15.2%
- EPS growthAt its median26.6%-49.4%140.3%Against its peers: 5 of 5Peers' median 43.6%
- Debt to EBITDABelow its median25.36×16.79×37.39×Against its peers: 5 of 5Peers' median 3.87×
- Current ratioLowest in 5 years0.830.830.97Against its peers: 4 of 5Peers' median 1.22
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Goldman Sachs Group dividends
- Annual dividend
- 20.00 USD
- Dividend yield (indicated)
- 2.31%
- Payout ratio
- 32.64%
- Years of dividend growth
- 15
- Frequency
- Quarterly
- Last payment
- 5.00 USD
- Last ex-dividend date
- 2 Dec 2026
- Last payment date
- 30 Dec 2026
Dividends per share
Goldman Sachs Group ownership
- Institutions
- 72.49%
- Institutional holders
- 3,310 (+183)
- Free float
- 99.51%
Who owns the shares
Institutions 72.5% Others 27.5%
As of 30 Jun 2026
Shares free to trade
Free float 287.02M shares ·99.5% Closely held 1.41M shares ·0.5%
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 9 | 274.91K | 437.48K |
| Q3 2026 | 0 | 6 | 127.00 | 3.03K |
| Q2 2026 | 0 | 24 | 144.03K | 260.20K |
| Q1 2026 | 0 | 133 | 61.65K | 190.56K |
Shares outstanding
Basic shares Diluted shares Change in diluted shares
Common questions about Goldman Sachs Group's financials
Source: Financial Modeling Prep