Goldman Sachs (GS) Capital Expenditures (2009 - 2026)
Goldman Sachs (GS) posted Capital Expenditures of $565.0 million for Q1 2026, up 6.4% sequentially from $531.0 million in Q4 2025, and up 13.23% YoY from $499.0 million in Q1 2025.
Analysis
Goldman Sachs (GS) Capital Expenditures (2009 - 2026) Analysis & Trends
Goldman Sachs has reported Capital Expenditures for 18 years, with the latest figure at $565.0 million in Q1 2026.
- Quarterly Capital Expenditures rose 13.23% year-over-year to $565.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 1.77% YoY) and the FY2025 annual result came in at $2.1 billion, down 1.29% from the prior year.
- Capital Expenditures advanced to $565.0 million in Q1 2026 per GS's latest filing, from $531.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $1.1 billion in Q2 2022 and troughed at $466.0 million in Q3 2024.
- A 5-year average of $634.4 million and a median of $558.0 million in 2025 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures plunged 48.79% in 2023, then grew 19.74% in 2025.
- Over 5 years, Capital Expenditures stood at $754.0 million in 2022, then decreased by 27.59% to $546.0 million in 2023, then gained by 7.33% to $586.0 million in 2024, then fell by 9.39% to $531.0 million in 2025, then increased by 6.4% to $565.0 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $565.0 million, $531.0 million, and $558.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Morgan Stanley | 329.44 Bn | 169.31 Bn | - | 819.00 Mn |
| 2 | Goldman Sachs | 300.90 Bn | -675.44 Bn | - | 502.00 Mn |
| 3 | Schwab Charles | 188.46 Bn | 114.86 Bn | - | 185.00 Mn |
| 4 | Robinhood Markets | 95.87 Bn | 78.49 Bn | 1.20 Bn | 12.00 Mn |
| 5 | Interactive Brokers | 39.89 Bn | -24.41 Bn | - | 18.00 Mn |
| 6 | LPL Financial Holdings | 28.30 Bn | 25.60 Bn | - | 199.45 Mn |
| 7 | Circle Internet | 22.04 Bn | 20.31 Bn | 288.85 Mn | 20.16 Mn |
| 8 | Tradeweb Markets | 22.00 Bn | 19.94 Bn | - | 18.90 Mn |
| 9 | Futu Holdings | 16.48 Bn | -19,683,684.71 Bn | 792.50 Mn | - |
| 10 | UP Fintech Holding | 12.74 Bn | 12.74 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 |