KPIs & Operating Metrics(New)

Goldman Sachs (GS) Net Margin (2016 - 2025)

Goldman Sachs (GS) has disclosed Net Margin for 17 consecutive years, with 32.59% as the latest value for Q4 2025.

  • Quarterly Net Margin rose 430.0% to 32.59% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 27.97% through Dec 2025, up 269.0% year-over-year, with the annual reading at 27.97% for FY2025, 269.0% up from the prior year.
  • Net Margin hit 32.59% in Q4 2025 for Goldman Sachs, up from 25.42% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 38.83% in Q3 2021 to a low of 9.83% in Q2 2023.
  • Historically, Net Margin has averaged 25.55% across 5 years, with a median of 25.34% in 2025.
  • Biggest five-year swings in Net Margin: surged 3327bps in 2021 and later plummeted -1895bps in 2022.
  • Year by year, Net Margin stood at 30.14% in 2021, then tumbled by -63bps to 11.19% in 2022, then skyrocketed by 47bps to 16.5% in 2023, then soared by 71bps to 28.29% in 2024, then increased by 15bps to 32.59% in 2025.
  • Business Quant data shows Net Margin for GS at 32.59% in Q4 2025, 25.42% in Q3 2025, and 23.82% in Q2 2025.