The Goldman Sachs Group, Inc.

GS Financial Capital Markets

The Goldman Sachs Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $58.3 billion, up 8.92% from fiscal 2024.

Revenue
+23.0%
EPS
+38.8%
Free cash flow
+63.7%
Total debt
+27.3%

Quarter to September 2026, against a year earlier

866.56 2.39 −0.28%
Market cap
$250.6B
P/E
12.4×
Fwd P/E
12.5×
Dividend yield
2.06%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

The Goldman Sachs Group, Inc. 10-Q filed Nov 2, 2026

Fiscal Q3 2026 · Period ended Sep 30, 2026 · Filed · accepted 4:35 PM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 3, 2026: 9 added · 13 removed · 113 modified; 138 with only figures updated; 1 moved without change

  1. Modified · Executive Overview

    Net revenues were $20.3418.68 billion for the secondthird quarter of 2026, 3923% higher than the secondthird quarter of 2025, primarily reflecting significantly higher net revenues in Global Banking & Markets. The increase in net revenues in Global Banking & Markets reflected significantly higher net revenues in Equities, and Investment banking fees, and Fixed Income, Currency and Commodities (FICC). Net revenues in Asset & Wealth Management were significantly higher, reflecting significantly higher Management and other fees and significantly higher net revenues in InvestmentsIncentive fees, partially offset by significantly lower net revenues in Investments and Private banking and lending. Net revenues in Platform Solutions were significantly lower, primarily reflecting net markdowns related to the Apple Card loan portfolio, which was transferred to held for sale in the fourth quarter of 2025.

134 more changes in this Item, word by word, in Powerpack.