Goldman Sachs (GS-PD) Research & Development (2009 - 2026)

Goldman Sachs has disclosed Research & Development across 18 years of filings, most recently posting $583.0 million for Q1 2026.

• Research & Development for Q1 2026 came in at $583.0 million, up 273.72% year-over-year; the trailing twelve-month figure through Mar 2026 was $424.0 million (up 27.71% YoY), and the FY2025 annual result was $710.0 million, up 9.91% from the prior year.
• Research & Development came in at $583.0 million for Q1 2026 at Goldman Sachs, up from -$871.0 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $1.5 billion in Q4 2023 to a low of -$871.0 million in Q4 2025.
• The 5-year median for Research & Development is $199.0 million (2022), against an average of $233.9 million.
• Across the five-year window, Research & Development surged 578.24% in 2023 and tumbled 156.11% in 2024, its largest moves.
• Goldman Sachs' Research & Development stood at $216.0 million in 2022, then soared by 578.24% to $1.5 billion in 2023, then tumbled by 156.11% to -$822.0 million in 2024, then declined by 5.96% to -$871.0 million in 2025, then surged by 166.93% to $583.0 million in 2026.
• The last three Research & Development figures came in at $583.0 million (Q1 2026), -$871.0 million (Q4 2025), and $545.0 million (Q3 2025), per Business Quant data.