GOLDMAN SACHS GROUP INC

GSGS-PAGS-PDGS-PCGSCE

Security brokers dealers and flotation companies

Last filing · Quarter 2 · Jun 30, 2026

40 more quarters with Pro

GOLDMAN SACHS GROUP INC back to 2009, every line as filed.

USD ($) $ in Millions	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Sep 30, 2022
Cash flows from operating activities
Cash flows from operating activities
Net earnings	$ 6,628	$ 5,630	$ 4,098	$ 3,723	$ 4,738	$ 2,990	$ 3,043	$ 4,132	$ 2,058	$ 1,216	$ 3,234	$ 3,069
Adjustments to reconcile net earnings to net cash used for operating activities:
Depreciation and amortization	509	495	531	618	506	621	646	627	1,512	1,594	970	666
Deferred income taxes	(441)	(47)	49	(356)	154	(202)	(511)	60	-	-	-	-
Share-based compensation	439	2,530	237	533	2,417	120	595	1,844	228	239	1,541	300
Gain related to extinguishment of unsecured borrowings	-	-	-	-	-	-	-	-	-	-	-	-
Provision for credit losses	102	315	339	384	287	397	282	318	7	615	(171)	515
Gain on extinguishment of junior subordinated debt	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to Reconcile to Income (Loss) from Continuing Operations [Abstract]
Adjustments to Reconcile Income (Loss) to Net Cash Provided by (Used in) Continuing Operations [Abstract]
Non-cash items included in net earnings
Depreciation, Amortization and Accretion, Net [Abstract]
Employee Benefits and Share-based Compensation [Abstract]
Restructuring Costs and Asset Impairment Charges [Abstract]
Gain (Loss) on Investments [Abstract]
Unrealized Gain (Loss) on Investments [Abstract]
Changes in operating assets and liabilities:
Customer and other receivables and payables, net	(12,250)	36,161	1,132	(10,801)	(907)	5,216	4,134	(1,807)	11,974	(21,086)	(4,930)	(3,697)
Cash and securities segregated for regulatory and other purposes	-	-	-	-	-	-	-	-	-	-	-	-
Receivables and payables (excluding loans receivable), net	-	-	-	-	-	-	-	-	-	-	-	-
Collateralized transactions (excluding other secured financings), net	27,738	(14,041)	6,252	14,612	(48,685)	7,962	11,918	(236)	10,302	44,305	111,460	60,578
Receivables and payables, net	-	-	-	-	-	-	-	-	-	-	-	-
Net receivables from brokers, dealers and clearing organizations	-	-	-	-	-	-	-	-	-	-	-	-
Net payables to customers and counterparties	-	-	-	-	-	-	-	-	-	-	-	-
Securities borrowed, net of securities loaned	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold under agreements to repurchase, net of securities purchased under agreements to resell and federal funds sold	-	-	-	-	-	-	-	-	-	-	-	-
Trading assets	(28,542)	(104,035)	(19,263)	(26,359)	(21,266)	(69,057)	(13,754)	(30,120)	(146,672)	-	-	-
Trading assets	-	-	-	-	-	-	-	-	-	5,533	(100,066)	(21,070)
Trading assets, at fair value	-	-	-	-	-	-	-	-	-	-	-	-
Trading liabilities	7,723	48,637	8,335	20,154	29,640	14,685	(2,385)	800	(334)	(184)	2,172	(24,075)
Loans held for sale, net	(336)	(2,008)	632	(760)	(501)	180	571	(301)	(320)	(868)	1,236	(1,003)
Financial instruments sold, but not yet purchased	-	-	-	-	-	-	-	-	-	-	-	-
Financial instruments sold, but not yet purchased, at fair value	-	-	-	-	-	-	-	-	-	-	-	-
Other, net	4,535	(5,505)	338	3,924	(3,613)	(972)	1,581	(3,355)	1,178	537	(6,042)	(7,100)
Net cash used for operating activities	6,105	(31,868)	2,680	5,672	(37,230)	(38,060)	6,120	(28,038)	(25,534)	31,901	9,404	8,183
Increase (Decrease) in Operating Assets [Abstract]
Increase (Decrease) in Receivables [Abstract]
Increase (Decrease) in Loans Held-for-sale [Abstract]
Payments for Origination and Purchases of Loans Held-for-sale [Abstract]
Increase (Decrease) in Operating Liabilities [Abstract]
Increase (Decrease) in Accounts Payable and Accrued Liabilities [Abstract]
Increase (Decrease) in Accounts Payable [Abstract]
Cash flows from investing activities
Cash flows from investing activities
Purchase of property, leasehold improvements and equipment	(502)	(565)	(558)	(476)	(499)	(466)	(542)	(497)	(507)	(666)	(597)	(990)
Proceeds from sales of property, leasehold improvements and equipment	146	63	112	247	145	305	448	399	489	245	417	333
Net cash used for business acquisitions	(1,424)	(359)	1,536	-	0	-	7,244	3,622	-	-	-	-
Available-for-sale securities:
Purchases	(21,848)	(62,327)	(8,748)	(20,569)	(32,532)	-	-	-	-	-	-	-
Proceeds from sales	1,793	24,194	8,926	9,199	22,889	-	-	-	-	-	-	-
Proceeds from paydowns and maturities	119	90	-	1	0	-	-	-	-	-	-	-
Held-to-maturity securities:
Purchases	(4,347)	(9,289)	(4,206)	(1,224)	(4,595)	-	-	-	-	-	-	-
Proceeds from paydowns and maturities	4,021	4,613	4,514	7,866	4,572	-	-	-	-	-	-	-
Other investments:
Purchases	(2,584)	(2,605)	(1,946)	(2,139)	(2,280)	-	-	-	-	-	-	-
Proceeds from sales, paydowns and maturities	3,341	2,885	2,115	1,943	2,523	-	-	-	-	-	-	-
Net cash used for business acquisitions	-	-	-	-	-	-	-	-	-	(8)	0	(283)
Purchase of investments	-	-	-	-	-	(34,070)	(19,428)	(25,239)	(10,740)	(6,575)	(10,461)	(16,487)
Proceeds from sales and paydowns of investments	-	-	-	-	-	12,475	14,891	17,664	3,020	2,648	8,166	3,116
Proceeds from sales of investments	-	-	-	-	-	-	-	-	-	-	-	-
Loans (excluding loans held for sale), net	(7,287)	(13,007)	(6,858)	(6,182)	(12,970)	(7,530)	(612)	(3,929)	(295)	397	497	152
Loans held for investment, net	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used for investing activities	(28,572)	(56,307)	(5,113)	(11,334)	(22,747)	(29,286)	(5,243)	(7,980)	(8,033)	(3,959)	(1,978)	(14,159)
Payments for (Proceeds from) Productive Assets [Abstract]
Payments to Acquire Productive Assets [Abstract]
Proceeds from Sale of Productive Assets [Abstract]
Payments for (Proceeds from) Businesses and Interest in Affiliates [Abstract]
Payments to Acquire Businesses and Interest in Affiliates [Abstract]
Proceeds from Divestiture of Businesses and Interests in Affiliates [Abstract]
Payments for (Proceeds from) Investments [Abstract]
Proceeds from Sale, Maturity and Collections of Investments [Abstract]
Proceeds from Sale and Maturity of Marketable Securities [Abstract]
Proceeds from Sale and Maturity of Available-for-sale Securities [Abstract]
Proceeds from Sale and Collection of Receivables [Abstract]
Payments to Acquire Investments [Abstract]
Payments to Acquire Marketable Securities [Abstract]
Payments for (Proceeds from) Loans and Leases [Abstract]
Proceeds from Sale of Loans and Leases Held-for-investment [Abstract]
Cash flows from financing activities
Purchase of available-for-sale securities	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of available-for-sale securities	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities
Proceeds from (Repayments of) Debt [Abstract]
Proceeds from (Repayments of) Short-term Debt [Abstract]
Proceeds from (Repayments of) Long-term Debt and Capital Securities [Abstract]
Proceeds from Issuance of Long-term Debt and Capital Securities, Net [Abstract]
Repayments of Long-term Debt and Capital Securities [Abstract]
Repayments of Long-term Debt [Abstract]
Increase (Decrease) in Deposits [Abstract]
Increase (Decrease) in Deposits, Alternative [Abstract]
Proceeds from (Repurchase of) Equity [Abstract]
Payments of Dividends [Abstract]
Unsecured short-term borrowings, net	4,845	7,232	(684)	995	2,932	394	(2,405)	6,274	(638)	(2,764)	3,648	(5,985)
Other secured financings (short-term), net	3,618	7,234	1,654	(3,205)	(3,821)	1,536	5,601	495	1,578	(4,349)	4,230	(1,507)
Proceeds from issuance of other secured financings (long-term)	4,476	651	2,551	746	460	292	2,458	2,201	960	323	854	632
Repayment of other secured financings (long-term), including the current portion	(3,231)	(73)	(1,338)	(675)	(600)	(809)	(156)	(627)	(589)	(887)	(745)	(746)
Proceeds from issuance of unsecured long-term borrowings	50,245	58,244	10,293	22,473	28,594	17,667	18,463	13,335	10,911	9,921	8,022	16,017
Repayment of unsecured long-term borrowings, including the current portion	(20,407)	(20,402)	(14,030)	(19,657)	(16,540)	(19,856)	(16,677)	(23,106)	9,692	(9,328)	(21,266)	(11,547)
Purchase of Trust Preferred securities	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of APEX, senior guaranteed securities and trust preferred securities	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of Automatic Preferred Enhanced Capital Securities (APEX)	-	-	-	-	-	-	-	-	-	-	-	-
Derivative contracts with a financing element, net	1,245	1,239	243	(272)	906	846	906	(13)	1,129	380	636	413
Repurchase of common stock warrants	-	-	-	-	-	-	-	-	-	-	-	-
Deposits, net	(3,239)	60,819	24,588	(9,088)	36,332	10,480	(7,474)	12,146	4,896	22,416	(11,442)	6,368
Preferred stock redemption	(675)	(1,450)	-	-	-	-	(700)	-	(1,000)	-	-	-
Common stock repurchased	(4,000)	(5,000)	(2,000)	(3,000)	(4,360)	(1,000)	(3,500)	(1,500)	(1,500)	(750)	(2,546)	(1,000)
Settlement of share-based awards in satisfaction of withholding tax requirements	(259)	(2,605)	(10)	(295)	(1,851)	(5)	(74)	(1,252)	(5)	(60)	(1,279)	(23)
Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards	(1,603)	(1,588)	(1,476)	(1,223)	(1,115)	(1,169)	(1,052)	(1,123)	(1,099)	(1,012)	(1,013)	(997)
Proceeds from issuance of preferred stock, net of issuance costs	-	0	-	-	1,895	1,995	2,244	-	1,496	-	-	-
Proceeds from issuance of preferred stock, net of issuance costs	-	-	-	-	-	-	-	-	-	-	-	-
Other financing, net	(99)	(7)	(10)	(61)	(6)	(31)	(5)	341	(5)	(4)	357	(4)
Net cash provided by financing activities	30,916	104,294	19,781	(13,262)	42,826	10,340	(2,371)	7,171	6,442	13,886	(20,544)	1,621
Effect of exchange rate changes on cash and cash equivalents	(713)	(848)	(738)	4,483	2,467	5,369	(1,565)	(3,345)	(3,927)	(224)	620	-
Net increase/(decrease) in cash and cash equivalents	7,736	15,271	16,610	(14,441)	(14,684)	(51,637)	(3,059)	(32,192)	(31,052)	41,604	(12,498)	-
Net increase in cash and cash equivalents	-	-	-	-	-	-	-	-	-	-	-	(4,355)
Cash settlement of share-based awards	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit related to share-based awards	-	-	-	-	-	-	-	-	-	-	-	-
Cash settlement of share-based compensation	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures:
Cash payments for interest, net of capitalized interest	16,451	18,027	16,858	17,004	15,954	18,860	17,994	16,905	15,609	14,495	13,082	6,144
Cash refunds for income taxes, net of payments	-	-	-	-	-	-	-	-	-	-	-	-
Cash payments for income taxes, net	-	-	581	1,721	636	746	1,539	525	299	1,057	459	1,446
Non-cash activities:
Approximate increase in assets upon adoption of ASU No. 2009-17	-	-	-	-	-	-	-	-	-	-	-	-
Approximate increase in liabilities upon adoption of ASU No. 2009-17	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued in connection with business acquisitions	-	-	-	-	-	-	-	-	-	-	-	-
Debt assumed in connection with business acquisitions	-	-	-	-	-	-	-	-	-	-	-	-