The Goldman Sachs Group, Inc.
Explore The Goldman Sachs Group
Core profile pages, annual revenue records, and related research hubs for this company.
The Goldman Sachs Group, Inc.
Explore The Goldman Sachs Group
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$58.3B
Market Cap
$320.3B
Net Income
$17.2B
Employees
46,500
That moment matters more than any single quarterly earnings beat because it clarified what Goldman actually is: a $58.3 billion-revenue institution that makes its real money when complexity is high, stakes are enormous, and clients need a counterparty they trust with career-defining decisions. This segment alone drove the majority of FY2025's $58.3 billion in net revenues through a combination of M&A advisory fees (Goldman ranked #1 or #2 globally in announced deal volume), equity and debt underwriting, and trading revenue from making markets in equities, fixed income, currencies, commodities, and derivatives. Over $3 trillion in assets under supervision now generate management fees that arrive regardless of whether a single IPO prices in a given quarter. The net income figure — roughly $17.2 billion on $58.3 billion in revenue, a ~29.5% net margin — tells you something important. A CEO selling a $40 billion company doesn't shop for the cheapest banker. The Goldman Sachs Group, Inc. is a Investment banking and financial services company with $58.3B in 2025 revenue and 47K employees worldwide. The Goldman Sachs Group, Inc. The Goldman Sachs Group, Inc. Reported $58.3B in revenue for fiscal year 2025. Market capitalization stands at approximately $273.0B. Where Goldman loses: mid-market deals below $5 billion enterprise value, where boutiques like Evercore and Centerview offer senior attention without the institutional overhead. Where Goldman wins: the $20 billion+ contested acquisition where board liability concerns demand the most credible adviser. The sovereign wealth fund restructuring $150 billion across asset classes. The strategic question is whether those high-complexity moments occur frequently enough to sustain a $273 billion market cap, or whether Goldman needs the alternatives and wealth buildout to fill the gaps between them. The number that actually matters in Goldman's FY2025 results isn't the $58.3 billion revenue headline — it's the $17.2 billion in net income sitting underneath it. Market capitalization of approximately $273 billion prices Goldman at roughly 16x trailing earnings — a multiple that suggests investors believe the current earnings power is sustainable but aren't giving full credit for the asset management buildout. That belief took a $5 billion hit from the 1MDB scandal. When Goldman finally went public in 1999 at a $33 billion valuation, the partnership culture was already evolving, but the institutional caution born from 1929 remained embedded in how the firm evaluated new ventures.
Revenue Trend Analysis
YoY Change
+8.9%
8-Year CAGR
+7.5%
Peak Year
2021
Trend
Mostly Growing
The Goldman Sachs Group, Inc. has reported revenue across 9 fiscal years, compounding at +7.5% annually over 8 years. The most recent year saw a 8.9% increase versus the prior year. Revenue peaked in 2021 at $59.3B. Out of 8 reported periods, 5 showed growth and 3 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $58.3B | $17.2B | +8.9% |
| FY2024 | $53.5B | — | +15.7% |
| FY2023 | $46.3B | — | -2.3% |
| FY2022 | $47.4B | — | -20.2% |
| FY2021 | $59.3B | — | +33.2% |
| FY2020 | $44.6B | — | +21.9% |
| FY2019 | $36.5B | — | -0.2% |
| FY2018 | $36.6B | — | +11.9% |
| FY2017 | $32.7B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Goldman Sachs reported about $58.3 billion in FY2025 revenue. Use the financials page for banking versus markets trends.
Yes, though profitability swings with deal activity, trading conditions, and credit/market risk outcomes.
Goldman Sachs employs about 46,500 people across banking, markets, asset/wealth, and corporate functions.
The Goldman financials page lists annual revenue history spanning boom cycles, crisis years, and business-mix resets.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "The Goldman Sachs Group, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/goldman-sachs/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>The Goldman Sachs Group, Inc. reported $58B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/goldman-sachs/financials" target="_blank" rel="noopener">CorpDigest — The Goldman Sachs Group, Inc. financials</a></div>