Goldman Sachs (GS-PA) Interest Expense - Fed Funds (2013 - 2026)

Goldman Sachs recorded quarterly Interest Expense - Fed Funds of $4.5 billion in Q1 2026, up 3.96% quarter-over-quarter from $4.3 billion in Q4 2025, and up 7.3% year-over-year from $4.2 billion in Q1 2025.

Goldman Sachs' Interest Expense - Fed Funds history runs 13 years deep, the most recent figure standing at $4.5 billion for Q1 2026.

  • In Q1 2026, Interest Expense - Fed Funds rose 7.3% year-over-year to $4.5 billion; the TTM figure through Mar 2026 stood at $17.3 billion (changed 0.25% YoY), while the FY2025 annual figure was $17.0 billion, down 2.03% from the prior year.
  • Interest Expense - Fed Funds came in at $4.5 billion for Q1 2026 at Goldman Sachs, up from $4.3 billion in the prior quarter.
  • In the past five years, Interest Expense - Fed Funds ranged from a high of $4.5 billion in Q1 2026 to a low of $990.0 million in Q3 2022.
  • A 5-year average of $3.6 billion and a median of $4.2 billion in 2025 frame the typical range for Interest Expense - Fed Funds.
  • Across the five-year window, Interest Expense - Fed Funds jumped 267.17% in 2023 and declined 3.37% in 2025, its largest moves.
  • Goldman Sachs' Interest Expense - Fed Funds stood at $1.5 billion in 2022, then surged by 138.27% to $3.6 billion in 2023, then climbed by 23.17% to $4.4 billion in 2024, then decreased by 1.43% to $4.3 billion in 2025, then rose by 3.96% to $4.5 billion in 2026.
  • According to Business Quant data, Interest Expense - Fed Funds over the past three periods registered $4.5 billion, $4.3 billion, and $4.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Morgan Stanley 330.71 Bn 197.18 Bn -
2 Goldman Sachs 318.59 Bn -618.96 Bn -
3 Schwab Charles 154.74 Bn 109.76 Bn -
4 Robinhood Markets 81.79 Bn 77.15 Bn 960.00 Mn
5 Interactive Brokers 39.54 Bn 50.13 Bn -
6 Circle Internet 25.60 Bn 24.08 Bn 35.01 Mn
7 LPL Financial Holdings 22.12 Bn 21.10 Bn -
8 Iren 21.58 Bn 19.37 Bn 144.76 Mn
9 Tradeweb Markets 21.29 Bn 20.04 Bn -
10 Goldman Sachs - - -

Historic Data

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DateValue
Mar 31, 2026 4.51 Bn
Dec 31, 2025 4.34 Bn
Sep 30, 2025 4.30 Bn
Jun 30, 2025 4.17 Bn
Mar 31, 2025 4.20 Bn
Dec 31, 2024 4.40 Bn
Sep 30, 2024 4.45 Bn
Jun 30, 2024 4.31 Bn
Mar 31, 2024 4.21 Bn
Dec 31, 2023 3.57 Bn
Sep 30, 2023 3.64 Bn
Jun 30, 2023 3.14 Bn
Mar 31, 2023 2.36 Bn
Dec 31, 2022 1.50 Bn
Sep 30, 2022 990.00 Mn
Sep 30, 2020 50.00 Mn
Jun 30, 2020 72.00 Mn
Mar 31, 2020 448.00 Mn
Dec 31, 2019 528.00 Mn
Sep 30, 2019 710.00 Mn
Jun 30, 2019 751.00 Mn
Mar 31, 2019 669.00 Mn
Dec 31, 2018 667.00 Mn
Sep 30, 2018 515.00 Mn
Jun 30, 2018 485.00 Mn
Mar 31, 2018 384.00 Mn
Dec 31, 2017 273.00 Mn
Sep 30, 2017 242.00 Mn
Jun 30, 2017 212.00 Mn
Mar 31, 2017 136.00 Mn
Dec 31, 2016 88.00 Mn
Sep 30, 2016 112.00 Mn
Jun 30, 2016 124.00 Mn
Mar 31, 2016 118.00 Mn
Dec 31, 2015 94.00 Mn
Sep 30, 2015 88.00 Mn
Jun 30, 2015 75.00 Mn
Mar 31, 2015 73.00 Mn
Dec 31, 2014 81.00 Mn
Sep 30, 2014 91.00 Mn
Jun 30, 2014 125.00 Mn
Mar 31, 2014 134.00 Mn
Dec 31, 2013 140.00 Mn
Sep 30, 2013 126.00 Mn