Financials in CAD. Standardized financial statements.
A compact view of how The Goldman Sachs Group, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $125.10B | $126.85B | $108.42B | $68.71B | $64.99B | $53.50B | $53.90B | $52.37B | $42.80B | $37.89B |
| Revenue Growth? | -1.4% | +17.0% | +57.8% | +5.7% | +21.5% | -0.8% | +2.9% | +22.4% | +12.9% | 0.0% |
| Cost of Revenue? | $65.70B | $74.69B | $63.19B | $24.06B | $6.01B | $12.04B | $18.44B | $16.59B | $10.84B | $7.29B |
| Gross Profit? | $59.40B | $52.16B | $45.23B | $44.65B | $58.98B | $41.46B | $35.46B | $35.78B | $31.96B | $30.61B |
| Gross Margin? | +47.5% | +41.1% | +41.7% | +65.0% | +90.8% | +77.5% | +65.8% | +68.3% | +74.7% | +80.8% |
| Operating Expenses? | $37.54B | $33.77B | $34.49B | $31.16B | $31.94B | $28.98B | $24.88B | $23.30B | $20.83B | $20.30B |
| Operating Income? | $22.23B | $18.40B | $10.74B | $13.49B | $27.04B | $12.48B | $10.58B | $12.48B | $11.13B | $10.30B |
| EBITDA? | $24.03B | $20.79B | $15.60B | $15.94B | $29.06B | $14.38B | $12.29B | $13.81B | $12.28B | $11.30B |
| Income Before Tax | $21.85B | $18.40B | $10.74B | $13.49B | $27.04B | $12.48B | $10.58B | $12.48B | $11.13B | $10.30B |
| Income Tax Expense | $4.75B | $4.12B | $2.22B | $2.23B | $5.41B | $3.02B | $2.12B | $2.02B | $6.85B | $2.91B |
| Net Income? | $17.43B | $14.28B | $8.52B | $11.26B | $21.64B | $9.46B | $8.47B | $10.46B | $4.29B | $7.40B |
| EPS? | $52.90 | $1.50 | $21.09 | $30.42 | $60.25 | $24.94 | $22.78 | $27.14 | $9.12 | $16.53 |
| Diluted EPS? | $52.08 | $1.48 | $22.72 | $30.06 | $59.45 | $24.74 | $22.55 | $26.80 | $9.01 | $16.29 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality