Goldman Sachs (GS-PA) Free Cash Flow (2009 - 2026)
Goldman Sachs recorded quarterly Free Cash Flow of -$32.4 billion in Q1 2026, down 92.97% quarter-over-quarter from -$16.8 billion in Q4 2025, and up 14.04% year-over-year from -$28.4 billion in Q1 2025.
Goldman Sachs' Free Cash Flow history runs 18 years deep, the most recent figure standing at -$32.4 billion for Q1 2026.
- In Q1 2026, Free Cash Flow rose 14.04% year-over-year to -$32.4 billion; the TTM figure through Mar 2026 stood at -$41.9 billion (down 71.13% YoY), while the FY2025 annual figure was -$47.2 billion, down 208.55% from the prior year.
- Free Cash Flow came in at -$32.4 billion for Q1 2026 at Goldman Sachs, down from -$16.8 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $46.2 billion in Q4 2024 to a low of -$38.5 billion in Q3 2024.
- A 5-year average of -$6.2 billion and a median of -$16.8 billion in 2025 frame the typical range for Free Cash Flow.
- On a YoY basis, Free Cash Flow climbed as much as 259.77% in 2024 and fell as far as 424.0% in 2024.
- Goldman Sachs' Free Cash Flow stood at -$33.9 billion in 2022, then grew by 14.78% to -$28.9 billion in 2023, then soared by 259.77% to $46.2 billion in 2024, then plunged by 136.39% to -$16.8 billion in 2025, then slumped by 92.97% to -$32.4 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$32.4 billion, -$16.8 billion, and $2.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 330.71 Bn | 197.18 Bn | - | -7.85 Bn |
| 2 | Goldman Sachs | 318.59 Bn | -618.96 Bn | - | -32.43 Bn |
| 3 | Schwab Charles | 154.74 Bn | 109.76 Bn | - | 7.20 Bn |
| 4 | Robinhood Markets | 81.79 Bn | 77.15 Bn | 960.00 Mn | 2.03 Bn |
| 5 | Interactive Brokers | 39.54 Bn | 50.13 Bn | - | 3.59 Bn |
| 6 | Circle Internet | 25.60 Bn | 24.08 Bn | 35.01 Mn | 11.72 Mn |
| 7 | LPL Financial Holdings | 22.12 Bn | 21.10 Bn | - | 124.64 Mn |
| 8 | Iren | 21.58 Bn | 19.37 Bn | 144.76 Mn | -1.15 Bn |
| 9 | Tradeweb Markets | 21.29 Bn | 20.04 Bn | - | 103.58 Mn |
| 10 | Goldman Sachs | - | - | - | -32.43 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -32.43 Bn |
| Mar 31, 2026 | -32.43 Bn |
| Dec 31, 2025 | -16.81 Bn |
| Dec 31, 2025 | -16.81 Bn |
| Sep 30, 2025 | 2.12 Bn |
| Sep 30, 2025 | 2.12 Bn |
| Jun 30, 2025 | 5.20 Bn |
| Jun 30, 2025 | 5.20 Bn |
| Mar 31, 2025 | -37.73 Bn |
| Mar 31, 2025 | -37.73 Bn |
| Dec 31, 2024 | 46.18 Bn |
| Dec 31, 2024 | 46.18 Bn |
| Sep 30, 2024 | -38.53 Bn |
| Sep 30, 2024 | -38.53 Bn |
| Jun 30, 2024 | 5.58 Bn |
| Jun 30, 2024 | 5.58 Bn |
| Mar 31, 2024 | -28.54 Bn |
| Mar 31, 2024 | -28.54 Bn |
| Dec 31, 2023 | -28.90 Bn |
| Dec 31, 2023 | -28.90 Bn |
| Sep 30, 2023 | -26.04 Bn |
| Sep 30, 2023 | -26.04 Bn |
| Jun 30, 2023 | 31.24 Bn |
| Jun 30, 2023 | 31.24 Bn |
| Mar 31, 2023 | 8.81 Bn |
| Mar 31, 2023 | 8.81 Bn |
| Dec 31, 2022 | -33.92 Bn |
| Dec 31, 2022 | -33.92 Bn |
| Sep 30, 2022 | 15.02 Bn |
| Sep 30, 2022 | 15.02 Bn |
| Jun 30, 2022 | 44.34 Bn |
| Jun 30, 2022 | 44.34 Bn |
| Mar 31, 2022 | -20.49 Bn |
| Mar 31, 2022 | -20.49 Bn |
| Dec 31, 2021 | 29.16 Bn |
| Dec 31, 2021 | 29.16 Bn |
| Sep 30, 2021 | -40.14 Bn |
| Sep 30, 2021 | -40.14 Bn |
| Jun 30, 2021 | 19.11 Bn |
| Jun 30, 2021 | 19.11 Bn |
| Mar 31, 2021 | -6.50 Bn |
| Mar 31, 2021 | -6.50 Bn |
| Dec 31, 2020 | 9.80 Bn |
| Dec 31, 2020 | 9.80 Bn |
| Sep 30, 2020 | 33.94 Bn |
| Sep 30, 2020 | 33.94 Bn |
| Jun 30, 2020 | -12.71 Bn |
| Jun 30, 2020 | -12.71 Bn |
| Mar 31, 2020 | -55.87 Bn |
| Mar 31, 2020 | -55.87 Bn |
| Dec 31, 2019 | 47.79 Bn |
| Dec 31, 2019 | 47.79 Bn |
| Sep 30, 2019 | 7.55 Bn |
| Sep 30, 2019 | 7.55 Bn |
| Jun 30, 2019 | 6.59 Bn |
| Jun 30, 2019 | 6.59 Bn |
| Mar 31, 2019 | -46.50 Bn |
| Mar 31, 2019 | -46.50 Bn |
| Dec 31, 2018 | 12.21 Bn |
| Dec 31, 2018 | 12.21 Bn |
| Sep 30, 2018 | -7.51 Bn |
| Sep 30, 2018 | -7.51 Bn |
| Jun 30, 2018 | 6.41 Bn |
| Jun 30, 2018 | 6.41 Bn |
| Mar 31, 2018 | -2.53 Bn |
| Mar 31, 2018 | -2.53 Bn |
| Dec 31, 2017 | -10.08 Bn |
| Dec 31, 2017 | -10.08 Bn |
| Sep 30, 2017 | 2.02 Bn |
| Sep 30, 2017 | 2.02 Bn |
| Jun 30, 2017 | -11.39 Bn |
| Jun 30, 2017 | -11.39 Bn |
| Mar 31, 2017 | -4.23 Bn |
| Mar 31, 2017 | -4.23 Bn |
| Dec 31, 2016 | 2.73 Bn |
| Dec 31, 2016 | 2.73 Bn |
| Sep 30, 2016 | -5.40 Bn |
| Sep 30, 2016 | -5.40 Bn |
| Jun 30, 2016 | 9.42 Bn |
| Jun 30, 2016 | 9.42 Bn |
| Mar 31, 2016 | -3.12 Bn |
| Mar 31, 2016 | -3.12 Bn |
| Dec 31, 2015 | 8.69 Bn |
| Dec 31, 2015 | 8.69 Bn |
| Sep 30, 2015 | 763.00 Mn |
| Sep 30, 2015 | 763.00 Mn |
| Jun 30, 2015 | -8.24 Bn |
| Jun 30, 2015 | -8.24 Bn |
| Mar 31, 2015 | 6.43 Bn |
| Mar 31, 2015 | 6.43 Bn |
| Dec 31, 2014 | 4.49 Bn |
| Dec 31, 2014 | 4.49 Bn |
| Sep 30, 2014 | -9.05 Bn |
| Sep 30, 2014 | -9.05 Bn |
| Jun 30, 2014 | 340.00 Mn |
| Jun 30, 2014 | 340.00 Mn |
| Mar 31, 2014 | -4.39 Bn |
| Mar 31, 2014 | -4.39 Bn |
| Dec 31, 2013 | 2.07 Bn |
| Dec 31, 2013 | 2.07 Bn |
| Sep 30, 2013 | -3.54 Bn |
| Sep 30, 2013 | -3.54 Bn |
| Jun 30, 2013 | 11.17 Bn |
| Jun 30, 2013 | 11.17 Bn |
| Mar 30, 2013 | -5.87 Bn |
| Mar 30, 2013 | -5.87 Bn |
| Dec 31, 2012 | 596.00 Mn |
| Dec 31, 2012 | 596.00 Mn |
| Sep 30, 2012 | 1.63 Bn |
| Sep 30, 2012 | 1.63 Bn |
| Jun 30, 2012 | 6.31 Bn |
| Jun 30, 2012 | 6.31 Bn |
| Mar 31, 2012 | 3.39 Bn |
| Mar 31, 2012 | 3.39 Bn |
| Dec 31, 2011 | 19.87 Bn |
| Dec 31, 2011 | 19.87 Bn |
| Sep 30, 2011 | -10.68 Bn |
| Sep 30, 2011 | -10.68 Bn |
| Jun 30, 2011 | 10.51 Bn |
| Jun 30, 2011 | 10.51 Bn |
| Mar 31, 2011 | 1.62 Bn |
| Mar 31, 2011 | 1.62 Bn |
| Dec 31, 2010 | -8.81 Bn |
| Dec 31, 2010 | -8.81 Bn |
| Sep 30, 2010 | 229.00 Mn |
| Sep 30, 2010 | 229.00 Mn |
| Jun 30, 2010 | 9.78 Bn |
| Jun 30, 2010 | 9.78 Bn |
| Mar 31, 2010 | -7.78 Bn |
| Mar 31, 2010 | -7.78 Bn |
| Dec 31, 2009 | 25.04 Bn |
| Dec 31, 2009 | 25.04 Bn |
| Sep 25, 2009 | 6.91 Bn |
| Sep 25, 2009 | 6.91 Bn |
| Jun 26, 2009 | 12.45 Bn |
| Jun 26, 2009 | 12.45 Bn |
| Mar 27, 2009 | 2.92 Bn |
| Mar 27, 2009 | 2.92 Bn |