Goldman Sachs (GS) Capital Expenditures (2009 - 2026)
Goldman Sachs' Capital Expenditures came in at $502 million for Q2 2026, up 5.5% from $476 million a year earlier but down 11.2% from the prior quarter.
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Analysis
Goldman Sachs (GS) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Goldman Sachs reported Capital Expenditures of $2.16 billion, up 6.4% year-over-year; for FY2025, it was $2.06 billion, down 1.3% from FY2024.
- Capital Expenditures has declined in each of the last six years, with a five-year compound annual growth rate of -20.0% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $2.09 billion in FY2024 (-9.7%), $2.32 billion in FY2023 (-38.2%), $3.75 billion in FY2022 (-19.7%) and $4.67 billion in FY2021 (-26.0%).
- The five-year range for quarterly Capital Expenditures is $466 million (Q3 2024) to $1.12 billion (Q4 2021).
- Year-over-year, Capital Expenditures increased in five of the last eight quarters, with growth averaging 2.1%.
- The fastest year-over-year change in Capital Expenditures over five years came in Q3 2025 (growth of 19.7%), and the weakest in Q3 2023 (a decline of 48.8%).
- Business Quant data shows GS's Capital Expenditures at $565 million (Q1 2026), $531 million (Q4 2025) and $558 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 897.08 Bn | 897.08 Bn | - | - |
| 2 | Bank Of America | 362.53 Bn | -2,013.53 Bn | - | - |
| 3 | Hsbc Holdings | 326.15 Bn | -1,503.01 Bn | - | - |
| 4 | Morgan Stanley | 279.81 Bn | -229.29 Bn | - | 819.00 Mn |
| 5 | Royal Bank Of Canada | 271.57 Bn | -558.47 Bn | - | - |
| 6 | Goldman Sachs | 261.78 Bn | -3,295.34 Bn | - | 502.00 Mn |
| 7 | Mitsubishi Ufj Financial | 249.65 Bn | -45.29 Bn | 10.89 Bn | - |
| 8 | Wells Fargo & Company | 243.72 Bn | 243.72 Bn | - | - |
| 9 | American Express | 207.18 Bn | -998.54 Mn | - | 898.00 Mn |
| 10 | Toronto Dominion Bank | 201.94 Bn | -473.93 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 502.00 Mn |
| Mar 31, 2026 | 565.00 Mn |
| Dec 31, 2025 | 531.00 Mn |
| Sep 30, 2025 | 558.00 Mn |
| Jun 30, 2025 | 476.00 Mn |
| Mar 31, 2025 | 499.00 Mn |
| Dec 31, 2024 | 586.00 Mn |
| Sep 30, 2024 | 466.00 Mn |
| Jun 30, 2024 | 542.00 Mn |
| Mar 31, 2024 | 497.00 Mn |
| Dec 31, 2023 | 546.00 Mn |
| Sep 30, 2023 | 507.00 Mn |
| Jun 30, 2023 | 666.00 Mn |
| Mar 31, 2023 | 597.00 Mn |
| Dec 31, 2022 | 754.00 Mn |
| Sep 30, 2022 | 990.00 Mn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 953.00 Mn |
| Dec 31, 2021 | 1.12 Bn |
| Sep 30, 2021 | 883.00 Mn |
API Access
Goldman Sachs Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=GS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "GS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=GS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();