Goldman Sachs (GS-PC) Tax Rate (2009 - 2026)
Goldman Sachs' (GS-PC) 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-PC) 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| Date | Value |
|---|---|
| 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% |