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

Goldman Sachs' Operating Expenses history runs 18 years deep, the most recent figure standing at $10.4 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 14.22% year-over-year to $10.4 billion; the TTM figure through Mar 2026 stood at $38.8 billion (up 13.45% YoY), while the FY2025 annual figure 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.
• A 5-year average of $8.7 billion and a median of $8.5 billion in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses fell 18.24% in 2022 and gained 17.69% in 2025, its largest moves.
• Goldman Sachs' Operating Expenses stood at $8.1 billion in 2022, then advanced by 4.89% to $8.5 billion in 2023, then slipped by 2.66% to $8.3 billion in 2024, then increased by 17.69% to $9.7 billion in 2025, then grew by 7.24% to $10.4 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $10.4 billion, $9.7 billion, and $9.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

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