The Goldman Sachs Group, Inc. · Q4 2025
ReportedJan 15, 2026
Period endedDec 31, 2025
Rule of 40+2
The quarter in short
Revenue $15.58B, up 15.2% year over year and 4.9% on the quarter. EPS $14.01, up 17.2% year over year and 14.4% on the quarter. Free cash flow −$2.12B, up 94.5% year over year. Rule of 40 score +2.
Reported this quarter
Revenue
$15.58B
QoQ +4.9%
YoY +15.2%
EPS
$14.01
QoQ +14.4%
YoY +17.2%
Free Cash Flow
−$2.12B
QoQ —
YoY +94.5%
FCF Margin
-13.6%
QoQ −48.6 pp
YoY +271.4 pp
P/E Ratio
17.0
QoQ +6.2%
YoY +21.2%
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Filed Jan 15, 2026
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