Goldman Sachs (GS) Free Cash Flow (2009 - 2026)
Goldman Sachs' (GS) quarterly Free Cash Flow came in at $5.6 billion in Q2 2026, up 7.83% year-over-year from $5.2 billion in Q2 2025, and up 117.28% quarter-over-quarter from -$32.4 billion in Q1 2026.
Analysis
Goldman Sachs (GS) Free Cash Flow (2009 - 2026) Analysis & Trends
Goldman Sachs has disclosed Free Cash Flow across 18 years of filings, most recently posting $5.6 billion for Q2 2026.
- In Q2 2026, Free Cash Flow rose 7.83% year-over-year to $5.6 billion; the TTM figure through Jun 2026 stood at -$41.5 billion (down 66.87% YoY), while the FY2025 annual figure was -$47.2 billion, down 208.55% from the prior year.
- Free Cash Flow came in at $5.6 billion for Q2 2026 at Goldman Sachs, up from -$32.4 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $46.2 billion in Q4 2024 to a low of -$38.5 billion in Q3 2024.
- Average Free Cash Flow over 5 years is -$5.5 billion, with a median of -$7.3 billion recorded in 2025.
- The largest YoY upside for Free Cash Flow was 259.77% in 2024 against a maximum downside of 424.0% in 2024.
- Over 5 years, Free Cash Flow stood at -$33.9 billion in 2022, then climbed by 14.78% to -$28.9 billion in 2023, then surged by 259.77% to $46.2 billion in 2024, then tumbled by 136.39% to -$16.8 billion in 2025, then surged by 133.34% to $5.6 billion in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $5.6 billion in Q2 2026, -$32.4 billion in Q1 2026, and -$16.8 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 29.04 Bn |
| 2 | Morgan Stanley | 336.99 Bn | 176.86 Bn | - | -3.57 Bn |
| 3 | Goldman Sachs | 299.92 Bn | -676.43 Bn | - | 5.60 Bn |
| 4 | Royal Bank Of Canada | 288.24 Bn | 61.39 Bn | - | 25.17 Bn |
| 5 | Mitsubishi Ufj Financial | 283.40 Bn | -100.92 Bn | 10.89 Bn | - |
| 6 | Wells Fargo & Company | 273.32 Bn | 71.49 Bn | - | 6.78 Bn |
| 7 | Banco Santander | 219.61 Bn | 227.22 Bn | 28.01 Bn | 221.87 Bn |
| 8 | American Express | 219.16 Bn | 169.84 Bn | 17.99 Bn | 4.47 Bn |
| 9 | Toronto Dominion Bank | 204.38 Bn | 43.05 Bn | - | 5.84 Bn |
| 10 | Schwab Charles | 185.52 Bn | 111.93 Bn | - | 4.12 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.60 Bn |
| Mar 31, 2026 | -32.43 Bn |
| Dec 31, 2025 | -16.81 Bn |
| Sep 30, 2025 | 2.12 Bn |
| Jun 30, 2025 | 5.20 Bn |
| Mar 31, 2025 | -37.73 Bn |
| Dec 31, 2024 | 46.18 Bn |
| Sep 30, 2024 | -38.53 Bn |
| Jun 30, 2024 | 5.58 Bn |
| Mar 31, 2024 | -28.54 Bn |
| Dec 31, 2023 | -28.90 Bn |
| Sep 30, 2023 | -26.04 Bn |
| Jun 30, 2023 | 31.24 Bn |
| Mar 31, 2023 | 8.81 Bn |
| Dec 31, 2022 | -33.92 Bn |
| Sep 30, 2022 | 15.02 Bn |
| Jun 30, 2022 | 44.34 Bn |
| Mar 31, 2022 | -20.49 Bn |
| Dec 31, 2021 | 29.16 Bn |
| Sep 30, 2021 | -40.14 Bn |