Goldman Sachs (GS-PA) Operating Expenses (2009 - 2026)

Goldman Sachs has disclosed Operating Expenses across 18 years of filings, most recently posting $10.4 billion for Q1 2026.

• Operating Expenses for Q1 2026 came in at $10.4 billion, up 14.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $38.8 billion (up 13.45% YoY), and the FY2025 annual result was $37.5 billion, up 11.19% from the prior year.
• Operating Expenses came in at $10.4 billion for Q1 2026 at Goldman Sachs, up from $9.7 billion in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $10.4 billion in Q1 2026 to a low of $7.7 billion in Q2 2022.
• The 5-year median for Operating Expenses is $8.5 billion (2024), against an average of $8.7 billion.
• Across the five-year window, Operating Expenses declined 18.24% in 2022 and rose 17.69% in 2025, its largest moves.
• Goldman Sachs' Operating Expenses stood at $8.1 billion in 2022, then gained by 4.89% to $8.5 billion in 2023, then decreased by 2.66% to $8.3 billion in 2024, then grew by 17.69% to $9.7 billion in 2025, then climbed by 7.24% to $10.4 billion in 2026.
• The last three Operating Expenses figures came in at $10.4 billion (Q1 2026), $9.7 billion (Q4 2025), and $9.5 billion (Q3 2025), per Business Quant data.