Goldman Sachs (GS-PA) Tax Rate (2009 - 2026)

Goldman Sachs' (GS-PA) quarterly Tax Rate came in at 13.2% in Q1 2026, down 290.0% year-on-year from 6.95% in Q1 2025, and down 37.58% quarter-over-quarter from 21.14% in Q4 2025.

Goldman Sachs (GS-PA) Tax Rate (2009 - 2026) Analysis & Trends

Goldman Sachs has disclosed Tax Rate across 18 years of filings, most recently posting 13.2% for Q1 2026.

  • Tax Rate for Q1 2026 came in at 13.2%, down 290.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.37% (down 50.0% YoY), and the FY2025 annual result was 21.4%, down 100.0% from the prior year.
  • Tax Rate came in at 13.2% for Q1 2026 at Goldman Sachs, down from 21.14% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 29.95% in Q2 2023 to a low of 10.91% in Q4 2023.
  • The 5-year median for Tax Rate is 21.1% (2024), against an average of 19.95%.
  • Across the five-year window, Tax Rate sank 836 bps in 2022 and jumped 1254 bps in 2023, its largest moves.
  • Goldman Sachs' Tax Rate stood at 13.33% in 2022, then decreased by 18 bps to 10.91% in 2023, then surged by 100 bps to 21.8% in 2024, then slipped by 3 bps to 21.14% in 2025, then plunged by 38 bps to 13.2% in 2026.
  • The last three Tax Rate figures came in at 13.2% (Q1 2026), 21.14% (Q4 2025), and 24.0% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 SOL Strategies 94,425.84 Bn 94,425.84 Bn - -
2 Morgan Stanley 349.82 Bn 216.29 Bn - 19.58
3 Goldman Sachs 333.85 Bn -603.70 Bn - 13.20
4 Schwab Charles 160.31 Bn 115.33 Bn - 22.24
5 Robinhood Markets 97.28 Bn 92.64 Bn 960.00 Mn 15.82
6 Interactive Brokers 42.79 Bn 53.38 Bn - 9.08
7 LPL Financial Holdings 23.54 Bn 22.51 Bn - 26.45
8 Tradeweb Markets 21.20 Bn 19.96 Bn - 23.03
9 Iren 19.97 Bn 17.75 Bn 144.76 Mn 2.46
10 Goldman Sachs - - - 13.20

Historic Data

Download Data
DateValue
Mar 31, 2026 13.20%
Mar 31, 2026 13.20%
Dec 31, 2025 21.14%
Dec 31, 2025 21.14%
Sep 30, 2025 24.00%
Sep 30, 2025 24.00%
Jun 30, 2025 24.91%
Jun 30, 2025 24.91%
Mar 31, 2025 16.10%
Mar 31, 2025 16.10%
Dec 31, 2024 21.80%
Dec 31, 2024 21.80%
Sep 30, 2024 25.01%
Sep 30, 2024 25.01%
Jun 30, 2024 22.29%
Jun 30, 2024 22.29%
Mar 31, 2024 21.10%
Mar 31, 2024 21.10%
Dec 31, 2023 10.91%
Dec 31, 2023 10.91%