Company Analysis

Goldman Sachs Group Inc. (GS)

NYSE: GS · Security Brokers, Dealers & Flotation Companies · New York, NY · filing with the SEC since 1998
Grade5.0
◀ Past 6.4● Present 5.7▶ Future 3.1
The companyfiscal 2025, as filed
Revenue$58.28B+8.9%
Net income$17.18B+20.3%
Earnings per share$51.32+26.6%
Operating cash flow-$45.15B-241.8%
Cash$164.3B-9.8%
Debt$356.0B+14.0%
Shareholders’ equity$125.0B+2.4%
Shares, diluted317.6M-4.8%
Return on equity13.7%
The recordfrom its filings
Filings in 202615,110
Newest filingNov 13 · 424B2
Annual reportFeb 25, 2026
Quarterly reportNov 2, 2026
Next report due10-K by Mar 1
Insider sales, 12 months$160M
Insider buys, 12 months$0.00
Patents granted356
Filer categoryLarge accelerated filer
Trailing twelve months to Sep 2026Revenue $69.70BNet income $22.17BCash from operations -$37.86Bthe four newest filed quarters added
Left: the newest annual report, with the change on the year before. Right: counted from the company's own filings with the SEC.
Revenue and net income by fiscal yearRevenueNet income
16171819202122232425
As filed, in USD. Nothing here is a forecast.

The company now

Goldman Sachs reported net revenues of $18.68 billion and net earnings of $5.29 billion for the third quarter of 2026, on 13 October 2026 1. Revenues were 23% higher than a year earlier, and diluted earnings per common share were $17.01, against $12.25 a year before 1.

The gain came mostly from trading shares for big clients and lending to them 1. Equities revenue rose 72% to $6.44 billion, which Reuters tied to volatile markets around the Middle East conflict 15. Advisory, the fees for steering mergers, had a record quarter 5.

The firm is also finishing its exit from consumer lending: Chase is set to take over the Apple Card in about 24 months from January 2026 8. Meanwhile it keeps buying fund managers, with NEOS and LCN still waiting to close 67.

The open question is leadership: the Wall Street Journal reported that a plan had been discussed for Solomon to hand the chief executive role to John Waldron, Reuters wrote 5. A spokesperson said the board regularly discusses succession and there is no definitive timeline 5.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.

News

An outside story is shown by its headline, its source and its link only. The SI reads the page when you ask it to break one down.
SI Assistanton GS · research, not advice