The Goldman Sachs Group, Inc.
Financial Performance
Goldman Sachs Revenue & Financials
Revenue
$58.3B (FY2025)
Market Cap
$280B
Net Income
$17.2B
Employees
47,400
What is Goldman Sachs's revenue?
Goldman Sachs had $58.3B in revenue for fiscal year 2025, up 8.9% from 2024. Net income was $17.2B.
- Latest revenue
- $58.3B (FY2025)
- Year-over-year
- +8.9%
- Growth rate (CAGR)
- 7.3% over 9 years
- Peak revenue
- $59.3B (FY2021)
- Years of data
- 10
- Employees
- 47,400
- How much profit does Goldman Sachs make?
- Goldman Sachs reported net income of $17.2B for fiscal year 2025. sec.gov
- How many employees does Goldman Sachs have?
- Goldman Sachs has about 47,400 employees.
Financial Analysis
Goldman's revenue history shows the cycle: $36.5 billion in 2019, a record $59.3 billion in 2021, $46.3 billion in 2023, $53.5 billion in 2024, and $58.28 billion in 2025. Net earnings were $17.18 billion in 2025 (EPS $51.32, ROE 15.0%). Momentum continued in 2026: first-half net revenues reached $37.57 billion and net earnings $12.26 billion, with record Q2 results, record assets under supervision of $4.04 trillion, and the quarterly dividend raised 11% to $5.00 per share for 3Q26. The Goldman Sachs Group is a leading global investment banking firm, maintaining a market valuation consistently over $120 billion.
Revenue Trend Analysis
YoY Change
+8.9%
9-Year CAGR
+7.3%
Peak Year
2021
Trend
Mostly Growing
The Goldman Sachs Group, Inc. has 10 full fiscal year figures on this page, compounding at +7.3% annually over 9 years. The most recent year saw a 8.9% increase versus the prior year. Annual revenue peaked in fiscal year 2021 at $59.3B. Of 9 comparable year-over-year steps, 6 showed growth and 3 showed a decline.
Annual revenue history
Click any row to see year details.
Keep researching Goldman Sachs
Goldman Sachs Revenue and Financial FAQ
What is the typical annual net revenue and profitability scale of Goldman Sachs?
The Goldman Sachs Group, Inc. reported revenue of $58.3 billion for fiscal year 2025, up from $53.5 billion in fiscal 2024.
What is Goldman Sachs' efficiency ratio and compensation expense framework?
Goldman Sachs targets an efficiency ratio of approximately 60%, managing compensation and benefits expenses (historically 30% to 35% of net revenues) dynamically to reward top institutional performance while protecting shareholder profitability.
What is Goldman Sachs' Common Equity Tier 1 (CET1) capital ratio and regulatory cushion?
Goldman Sachs maintains a strong Standardized CET1 capital ratio typically between 14.5% and 15.5%, well above Federal Reserve Basel III regulatory minimums and stress capital buffer (SCB) requirements.
How does Goldman Sachs return excess capital to shareholders through dividends and buybacks?
Goldman Sachs returns billions in excess capital annually through steady, growing quarterly cash dividend payouts and active multi-billion-dollar share repurchase programs that systematically retire outstanding common stock.
How do market volatility and trading volumes impact FICC and Equities segment revenues?
Elevated market volatility across interest rates, currencies, commodities, and equities stimulates institutional trading volume, corporate risk hedging, and prime brokerage borrowing, driving strong revenue surges in Global Banking & Markets.
What is the scale and contribution of management fees within Goldman Sachs Asset Management?
Management and other fee revenues in Asset & Wealth Management generate over $9 billion to $10+ billion in recurring annual revenues, providing a highly stable, durable cash flow stream that dampens investment banking cyclicality.
How does Goldman Sachs account for provisions for credit losses (PCL)?
Under the Current Expected Credit Losses (CECL) accounting framework, Goldman Sachs records provisions for credit losses against wholesale corporate loans, real estate credit, and remaining consumer card portfolios based on forward-looking macroeconomic forecasts.
What credit ratings does Goldman Sachs maintain across major rating agencies?
Goldman Sachs maintains strong investment-grade credit ratings (typically A2/A/A by Moody's, S&P, and Fitch), ensuring low-cost access to global commercial paper, institutional bond markets, and interbank repo funding.
Did Goldman Sachs cause the 2008 financial crisis?
They were heavily implicated. Goldman notoriously made massive billions by heavily shorting (betting against) the incredibly toxic subprime mortgage market right before it collapsed, while simultaneously selling those exact same toxic assets to their own clients. Rolling Stone famously labeled them a "great vampire squid wrapped around the face of humanity."
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Goldman Sachs 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>Goldman Sachs reported $58.3B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/goldman-sachs/financials" target="_blank" rel="noopener">CorpDigest — Goldman Sachs financials</a></div>Related Financial Audits
Compare revenue, net income, and market cap scale
Explore Goldman Sachs
Core profile pages, founders and related research hubs for this company.