Companies / Financials
GS
Goldman Sachs
Investment Banking & Brokerage
Investment Banking & BrokerageAnalysis in progress
In progress
We are decoding this company's strategy and relationships
New analyses are published every weekday. Founding members get them first.
Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health79
Growth52
Profitability100
Cash generationn/a
Balance sheetn/a
Dilution control86
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)23.0%Revenue growth (FY)8.9%Revenue CAGR (3y)7.2%Gross margin—Operating margin—Net margin29.5%Free cash flow margin-81.0%R&D / revenue—Stock comp / revenue5.9%Net debt / operating cash flow—Current ratio—Diluted share count change-4.8%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $59.3B | $47.4B | $46.3B | $53.5B | $58.3B |
| Net income | $21.6B | $11.3B | $8.5B | $14.3B | $17.2B |
| Operating cash flow | $6.3B | $8.7B | -$12.6B | -$13.2B | -$45.2B |
| Capital expenditure | $4.7B | $3.7B | $2.3B | $2.1B | $2.1B |
| Free cash flow | $1.6B | $5.0B | -$14.9B | -$15.3B | -$47.2B |
| Stock-based comp | $2.3B | $4.1B | $2.1B | $2.7B | $3.4B |
| Buybacks | $5.2B | $3.5B | $5.8B | $8.0B | $12.4B |
| Dividends | $2.7B | $3.7B | $4.2B | $4.5B | $5.3B |
| Cash | $261.0B | $241.8B | $241.6B | $182.1B | $164.3B |
| Total debt | $6.7B | $61.0B | $75.9B | $69.7B | — |
| Equity | $109.9B | $117.2B | $116.9B | $122.0B | $125.0B |
StratGraph publishes general, impersonal research about public companies based on public filings. It is not investment advice, not a recommendation to buy, sell or hold any security, and not tailored to any reader's circumstances. Content may contain errors and may be partly generated with AI tools; verify against the original filings, which are linked. Authors may not trade securities discussed within the window set by our trading policy. Full disclaimer.