Goldman Sachs (GS-PD) Net Margin (2009 - 2026)

Goldman Sachs has disclosed Net Margin across 18 years of filings, most recently posting 31.36% for Q1 2026.

• Net Margin for Q1 2026 came in at 31.36%, up 94.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 28.32% (up 224.0% YoY), and the FY2025 annual result was 27.97%, up 269.0% from the prior year.
• Net Margin came in at 31.36% for Q1 2026 at Goldman Sachs, down from 32.59% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 32.59% in Q4 2025 to a low of 9.83% in Q2 2023.
• The 5-year median for Net Margin is 24.73% (2022), against an average of 23.57%.
• Across the five-year window, Net Margin plunged 1895 bps in 2022 and jumped 1288 bps in 2024, its largest moves.
• Goldman Sachs' Net Margin stood at 11.19% in 2022, then surged by 47 bps to 16.5% in 2023, then jumped by 71 bps to 28.29% in 2024, then rose by 15 bps to 32.59% in 2025, then dropped by 4 bps to 31.36% in 2026.
• The last three Net Margin figures came in at 31.36% (Q1 2026), 32.59% (Q4 2025), and 25.42% (Q3 2025), per Business Quant data.