Goldman Sachs (GS) EBT Margin (2009 - 2026)

Goldman Sachs (GS) posted EBT Margin of 37.65% for Q1 2026, down 13.48% sequentially from 43.52% in Q4 2025, and up 16.0% YoY from 32.46% in Q1 2025.

Goldman Sachs (GS) EBT Margin (2009 - 2026) Analysis & Trends

Goldman Sachs has reported EBT Margin for 18 years, with the latest figure at 37.65% in Q1 2026.

  • Quarterly EBT Margin rose 16.0% year-over-year to 37.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 37.54% (up 294.0% YoY) and the FY2025 annual result came in at 37.49%, up 311.0% from the prior year.
  • EBT Margin eased to 37.65% in Q1 2026 per GS's latest filing, from 43.52% in the prior quarter.
  • Over five years, EBT Margin peaked at 43.52% in Q4 2025 and troughed at 14.44% in Q4 2022.
  • A 5-year average of 31.09% and a median of 32.67% in 2023 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2022 and 2024: EBT Margin slumped 2531 bps in 2022, then surged 1799 bps in 2024.
  • Over 5 years, EBT Margin stood at 14.44% in 2022, then surged by 38 bps to 19.92% in 2023, then jumped by 90 bps to 37.9% in 2024, then increased by 15 bps to 43.52% in 2025, then fell by 13 bps to 37.65% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 37.65%, 43.52%, and 35.51% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Morgan Stanley 338.83 Bn 205.30 Bn - 34.42%
2 Goldman Sachs 316.34 Bn -660.01 Bn - 42.10%
3 Schwab Charles 220.55 Bn 135.80 Bn - 49.18%
4 Futu Holdings 121.48 Bn 105.59 Bn 733.58 Mn 144.51%
5 Robinhood Markets 84.07 Bn 66.74 Bn 1.20 Bn 54.20%
6 Iren 68.17 Bn 65.95 Bn 104.86 Mn -175.48%
7 ATIF Holdings 45.42 Bn 45.42 Bn - -
8 Interactive Brokers 39.54 Bn -3.28 Bn - 77.17%
9 LPL Financial Holdings 28.27 Bn 25.57 Bn - 9.94%
10 Tradeweb Markets 23.53 Bn 22.17 Bn - 48.34%

Historic Data

Download Data
DateValue
Jun 30, 2026 42.10%
Mar 31, 2026 37.65%
Dec 31, 2025 43.52%
Sep 30, 2025 35.51%
Jun 30, 2025 34.00%
Mar 31, 2025 37.49%
Dec 31, 2024 37.90%
Sep 30, 2024 31.40%
Jun 30, 2024 30.76%
Mar 31, 2024 36.85%
Dec 31, 2023 19.92%
Sep 30, 2023 23.32%
Jun 30, 2023 15.93%
Mar 31, 2023 32.67%
Dec 31, 2022 14.44%
Sep 30, 2022 31.37%
Jun 30, 2022 29.87%
Mar 31, 2022 36.00%
Dec 31, 2021 39.76%
Sep 30, 2021 50.28%