GOLDMAN SACHS GROUP INC — financial highlightsGS · Annual · Period ending Prepared research
Annual · 2025-01-01 → · Fiscal 2025 FY. Balance-sheet inputs are point-in-time values.
Prepared research · Sources checked · Calculated Oct 4, 2026, 6:50 AM UTC
| Metric | 2025-12-31 | 2024-12-31 | Basis & evidence |
|---|---|---|---|
| Revenue, net of interest expense | 58,283,000,000 USD | 53,512,000,000 USD | reportedSEC sources |
| Net Income | 17,176,000,000 USD | 14,276,000,000 USD | reportedSEC sources |
| Net margin | 29.47 % | 26.68 % | calculatedNet income / reported revenue × 100; financial-company revenue follows its reported net-of-interest basisSEC sources |
| Operating Cash Flow | -45,154,000,000 USD | -13,212,000,000 USD | reportedSEC sources |
| Free cash flow | -47,218,000,000 USD | -15,303,000,000 USD | calculatedOperating cash flow − reported purchases of property, plant and equipmentSEC sources |
| Return on average equity | 13.91 % | 11.95 % | calculatedNet income / average beginning and ending equity × annualization factor × 100SEC sources |
Source filings, coverage & interpretation
- 10-K · 2026-02-25 · 0000886982-26-000091
- 10-Q · 2026-08-03 · 0000886982-26-000297
- Normalized standard SEC XBRL concepts, not a complete reproduction of the filed financial statements. Missing values are not zero.
- Values are unscaled USD, reported per-share units, percentages or ratios as labeled. Balance-sheet inputs are point-in-time observations; income and cash-flow inputs cover their stated durations.
- The latest filed values in the prepared model are used, including subsequent comparative revisions. Selecting an older reporting end does not create an as-filed historical vintage.
- Year-over-year changes require compatible periods. Percentage growth is not calculated from a zero or negative base; percentage-valued metrics change in percentage points.
- Reported inputs, calculated metrics and source-check dates remain separate. CFTC positioning, market prices and personal research assumptions are outside this summary.
- Securities brokers use common financials by default. Deposit-taking-bank ratios are not assumed to describe their business model.
The JSON includes the XBRL concepts, source values and periods used by these metrics. Open Sources & checks in the workspace for the full evidence history.
Opening the financial analysis workspace…