KPIs & Operating Metrics(New)

Goldman Sachs (GS) Net Margin (2016 - 2026)

Goldman Sachs' Net Margin history spans 18 years, with the latest figure at 31.36% for Q1 2026.

  • On a quarterly basis, Net Margin rose 94.0% to 31.36% in Q1 2026 year-over-year; TTM through Mar 2026 was 28.32%, a 224.0% increase, with the full-year FY2025 number at 27.97%, up 269.0% from a year prior.
  • Net Margin hit 31.36% in Q1 2026 for Goldman Sachs, down from 32.59% in the prior quarter.
  • Over the last five years, Net Margin for GS hit a ceiling of 32.59% in Q4 2025 and a floor of 9.83% in Q2 2023.
  • Historically, Net Margin has averaged 23.57% across 5 years, with a median of 24.73% in 2022.
  • Biggest five-year swings in Net Margin: plummeted -1895bps in 2022 and later soared 1288bps in 2024.
  • Tracing GS's Net Margin over 5 years: stood at 11.19% in 2022, then soared by 47bps to 16.5% in 2023, then surged by 71bps to 28.29% in 2024, then grew by 15bps to 32.59% in 2025, then decreased by -4bps to 31.36% in 2026.
  • Business Quant data shows Net Margin for GS at 31.36% in Q1 2026, 32.59% in Q4 2025, and 25.42% in Q3 2025.