The Goldman Sachs Group, Inc. (GS) quarterly income statement — complete revenue, gross profit & net income history
The Goldman Sachs Group, Inc. (GS) annual income statement — 27-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Net Interest Income | 3.77B | 3.95B | 3.56B | 3.71B | 3.85B | 3.1B | 2.9B | 1.58B | 2.62B | 1.99B | 1.37B | 1.34B | 1.55B | 1.68B | 1.78B | 2.07B | 2.04B | 1.73B | 1.83B | 1.79B |
| NII Growth % | -2.13% | 27.38% | 22.8% | 134.24% | 46.85% | 55.98% | 110.7% | 18.22% | 69.55% | 18.17% | -22.85% | -35.44% | -24.28% | -2.88% | -2.52% | 15.54% | 30.63% | 6.45% | 23.28% | 27.3% |
| Net Interest Margin % | 0.17% | 0.19% | 0.17% | 0.2% | 0.21% | 0.17% | 0.16% | 0.09% | 0.15% | 0.12% | 0.08% | 0.08% | 0.1% | 0.11% | 0.12% | 0.14% | 0.13% | 0.11% | 0.11% | 0.12% |
| Interest Income | 22.79B | 22.05B | 20.64B | 20.38B | 20.82B | 19.79B | 19.38B | 19.95B | 21.45B | 20.44B | 19.55B | 18.48B | 18.26B | 16.84B | 14.94B | 12.41B | 8.55B | 4.85B | 3.21B | 3.01B |
| Interest Expense | 19.02B | 18.09B | 17.08B | 16.67B | 16.97B | 16.68B | 16.49B | 18.37B | 18.82B | 18.45B | 18.18B | 17.14B | 16.71B | 15.15B | 13.16B | 10.34B | 6.51B | 3.12B | 1.39B | 1.22B |
| Loan Loss Provision | 368M | 102M | 315M | -2.12B | 339M | 384M | 287M | 351M | 397M | 282M | 318M | 577M | 7M | 615M | -171M | 972M | 515M | 667M | 561M | 344M |
| Non-Interest Income | 14.91B | 16.38B | 13.67B | 9.75B | 11.33B | 11.48B | 12.17B | 12.29B | 10.08B | 10.74B | 12.84B | 9.98B | 10.27B | 9.21B | 10.44B | 8.52B | 9.93B | 10.13B | 11.11B | 10.84B |
| Non-Interest Income % | 79.82% | 80.56% | 79.36% | 72.44% | 74.63% | 78.71% | 80.78% | 88.59% | 79.34% | 84.37% | 90.33% | 88.17% | 86.91% | 84.54% | 85.43% | 80.42% | 82.94% | 85.38% | 85.87% | 85.8% |
| Total Net Revenue | 18.68B | 20.34B | 17.23B | 13.45B | 15.18B | 14.58B | 15.06B | 13.87B | 12.7B | 12.73B | 14.21B | 11.32B | 11.82B | 10.89B | 12.22B | 10.59B | 11.97B | 11.86B | 12.93B | 12.64B |
| Revenue Growth % | 23.02% | 39.46% | 14.37% | -2.99% | 19.57% | 14.55% | 5.97% | 22.54% | 7.46% | 16.85% | 16.27% | 6.84% | -1.32% | -8.17% | -5.48% | -16.19% | -12% | -22.9% | -26.95% | 7.65% |
| Non-Interest Expense | 11.31B | 8.71B | 10.43B | 9.72B | 9.45B | 9.24B | 9.13B | 8.26B | 8.31B | 8.53B | 8.66B | 8.49B | 9.05B | 8.54B | 8.4B | 8.09B | 7.7B | 7.65B | 7.72B | 7.27B |
| Efficiency Ratio | 60.54% | 42.84% | 60.52% | 72.26% | 62.26% | 63.37% | 60.6% | 59.56% | 65.48% | 67.03% | 60.92% | 74.99% | 76.62% | 78.42% | 68.73% | 76.38% | 64.33% | 64.51% | 59.66% | 57.52% |
| Operating Income | 7B | 11.52B | 6.49B | 5.86B | 5.39B | 4.96B | 5.65B | 5.26B | 3.99B | 3.92B | 5.24B | 2.25B | 2.76B | 1.74B | 3.99B | 1.53B | 3.76B | 3.54B | 4.66B | 5.03B |
| Operating Margin % | 37.49% | 56.66% | 37.65% | 43.52% | 35.51% | 34% | 37.49% | 37.9% | 31.4% | 30.76% | 36.85% | 19.92% | 23.32% | 15.93% | 32.67% | 14.44% | 31.37% | 29.87% | 36% | 39.76% |
| Operating Income Growth % | 29.88% | 132.43% | 14.86% | 11.38% | 35.24% | 26.61% | 7.83% | 133.23% | 44.67% | 125.58% | 31.15% | 47.32% | -26.62% | -51.02% | -14.24% | -69.55% | -45.1% | -48.19% | -44.15% | -9.31% |
| Pretax Income | 7B | 8.56B | 6.49B | 5.86B | 5.39B | 4.96B | 5.65B | 5.26B | 3.99B | 3.92B | 5.24B | 2.25B | 2.76B | 1.74B | 3.99B | 1.53B | 3.76B | 3.54B | 4.66B | 5.03B |
| Pretax Margin % | 37.49% | 42.1% | 37.65% | 43.52% | 35.51% | 34% | 37.49% | 37.9% | 31.4% | 30.76% | 36.85% | 19.92% | 23.32% | 15.93% | 32.67% | 14.44% | 31.37% | 29.87% | 36% | 39.76% |
| Income Tax | 1.71B | 1.94B | 856M | 1.24B | 1.29B | 1.24B | 909M | 1.15B | 997M | 873M | 1.1B | 246M | 698M | 520M | 759M | 204M | 687M | 617M | 717M | 1.09B |
| Effective Tax Rate % | 24.4% | 22.6% | 13.2% | 21.14% | 24% | 24.91% | 16.1% | 21.8% | 25.01% | 22.29% | 21.1% | 10.91% | 25.33% | 29.95% | 19.01% | 13.33% | 18.29% | 17.41% | 15.4% | 21.69% |
| Net Income | 5.29B | 6.63B | 5.63B | 4.62B | 4.1B | 3.72B | 4.74B | 4.11B | 2.99B | 3.04B | 4.13B | 2.01B | 2.06B | 1.22B | 3.23B | 1.33B | 3.07B | 2.93B | 3.94B | 3.94B |
| Net Margin % | 28.34% | 32.59% | 32.68% | 34.32% | 26.99% | 25.53% | 31.46% | 29.64% | 23.55% | 23.9% | 29.07% | 17.74% | 17.42% | 11.16% | 26.46% | 12.52% | 25.63% | 24.67% | 30.46% | 31.13% |
| Net Income Growth % | 29.18% | 78.03% | 18.83% | 12.31% | 37.06% | 22.35% | 14.67% | 104.73% | 45.29% | 150.25% | 27.77% | 51.43% | -32.94% | -58.46% | -17.9% | -66.3% | -42.93% | -46.65% | -42.38% | -12.67% |
| Net Income (Continuing) | 5.29B | 6.63B | 5.63B | 4.62B | 4.1B | 3.72B | 4.74B | 4.11B | 2.99B | 3.04B | 4.13B | 2.01B | 2.06B | 1.22B | 3.23B | 1.33B | 3.07B | 2.93B | 3.94B | 3.94B |
| EPS (Diluted) | 17.01 | 20.98 | 17.55 | 14.00 | 12.25 | 10.95 | 14.12 | 11.95 | 8.40 | 8.62 | 11.58 | 5.53 | 5.47 | 3.08 | 8.79 | 3.32 | 8.25 | 7.73 | 10.76 | 11.17 |
| EPS Growth % | 38.86% | 91.6% | 24.29% | 17.15% | 45.83% | 27.03% | 21.93% | 116.09% | 53.56% | 179.87% | 31.74% | 66.57% | -33.7% | -60.16% | -18.31% | -70.28% | -45.72% | -49.84% | -43.19% | -10.5% |
| EPS (Basic) | 17.24 | 21.27 | 17.74 | 14.21 | 12.42 | 11.07 | 14.25 | 12.17 | 8.52 | 8.73 | 11.67 | 5.49 | 5.52 | 3.13 | 8.91 | 3.39 | 8.40 | 7.81 | 10.91 | 11.17 |
| Diluted Shares Outstanding | 301.1M | 304.9M | 308M | 317.6M | 315M | 318.3M | 324.5M | 328.4M | 330.8M | 335.5M | 339.5M | 345.8M | 343.9M | 347.2M | 351.3M | 356.7M | 359.2M | 360.5M | 355.9M | 352.3M |