Goldman Sachs GS
NYSE GS
$1,036.52 -2.76 (-0.27%)
As of: Aug 24, 2026 · 3:59 PM EDT

Goldman Sachs (GS) Free Cash Flow (2009 - 2026)

Goldman Sachs (GS) posted Free Cash Flow of -$32.4 billion for Q1 2026, down 92.97% sequentially from -$16.8 billion in Q4 2025, and up 14.04% YoY from -$28.4 billion in Q1 2025.

Goldman Sachs (GS) Free Cash Flow (2009 - 2026) Analysis & Trends

Goldman Sachs has reported Free Cash Flow for 18 years, with the latest figure at -$32.4 billion in Q1 2026.

  • Quarterly Free Cash Flow rose 14.04% year-over-year to -$32.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$41.9 billion (down 71.13% YoY) and the FY2025 annual result came in at -$47.2 billion, down 208.55% from the prior year.
  • Free Cash Flow slipped to -$32.4 billion in Q1 2026 per GS's latest filing, from -$16.8 billion in the prior quarter.
  • Over five years, Free Cash Flow peaked at $46.2 billion in Q4 2024 and troughed at -$38.5 billion in Q3 2024.
  • A 5-year average of -$6.2 billion and a median of -$16.8 billion in 2025 frame the typical range for Free Cash Flow.
  • The widest YoY moves for Free Cash Flow: up 259.77% in 2024, down 424.0% in 2024.
  • Over 5 years, Free Cash Flow stood at -$33.9 billion in 2022, then increased by 14.78% to -$28.9 billion in 2023, then jumped by 259.77% to $46.2 billion in 2024, then sank by 136.39% to -$16.8 billion in 2025, then tumbled by 92.97% to -$32.4 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$32.4 billion, -$16.8 billion, and $2.1 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Morgan Stanley 333.21 Bn 173.07 Bn - -3.57 Bn
2 Goldman Sachs 311.14 Bn -665.21 Bn - 5.60 Bn
3 Schwab Charles 196.95 Bn 123.36 Bn - 4.12 Bn
4 Robinhood Markets 93.19 Bn 75.81 Bn 1.20 Bn 708.00 Mn
5 Interactive Brokers 41.71 Bn -22.59 Bn - 6.20 Bn
6 LPL Financial Holdings 29.06 Bn 26.36 Bn - 202.51 Mn
7 Tradeweb Markets 23.03 Bn 20.97 Bn - 375.21 Mn
8 Circle Internet 21.70 Bn 19.97 Bn 288.85 Mn 497.27 Mn
9 Futu Holdings 16.14 Bn 214.18 Mn 733.58 Mn -
10 UP Fintech Holding 13.78 Bn 13.78 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 5.60 Bn
Jun 30, 2026 5.60 Bn
Mar 31, 2026 -32.43 Bn
Mar 31, 2026 -32.43 Bn
Dec 31, 2025 -16.81 Bn
Dec 31, 2025 -16.81 Bn
Sep 30, 2025 2.12 Bn
Sep 30, 2025 2.12 Bn
Jun 30, 2025 5.20 Bn
Jun 30, 2025 5.20 Bn
Mar 31, 2025 -37.73 Bn
Mar 31, 2025 -37.73 Bn
Dec 31, 2024 46.18 Bn
Dec 31, 2024 46.18 Bn
Sep 30, 2024 -38.53 Bn
Sep 30, 2024 -38.53 Bn
Jun 30, 2024 5.58 Bn
Jun 30, 2024 5.58 Bn
Mar 31, 2024 -28.54 Bn
Mar 31, 2024 -28.54 Bn