Goldman Sachs (GS) Rent Expense (2013 - 2026)
Goldman Sachs' Rent Expense was $244 million in Q2 2026, up 4.3% from $234 million a year earlier but down 3.9% from the prior quarter.
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Analysis
Goldman Sachs (GS) Rent Expense (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Goldman Sachs' Rent Expense was $989 million through Jun 30, 2026, up 4.2% year-over-year; for FY2025, it came in at $958 million, down 1.5% from FY2024.
- Rent Expense shows a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- In earlier years, Rent Expense was $973 million in FY2024 (-7.6%), $1.05 billion in FY2023 (+2.6%), $1.03 billion in FY2022 (+4.6%) and $981 million in FY2021 (+2.2%).
- Quarterly Rent Expense has moved between $233 million (Q1 2025) and $268 million (Q4 2023) over five years.
- Compared with a year earlier, Rent Expense has increased for three straight quarters, with an average decline of 1.6% over the last eight quarters.
- The best year-over-year quarter for Rent Expense over five years was Q1 2026 (growth of 9.0%); the worst was Q4 2024 (a decline of 10.4%).
- Per Business Quant data, GS's Rent Expense in the three quarters before Q2 2026 was $254 million (Q1 2026), $249 million (Q4 2025) and $242 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 1.48 Bn |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 1.91 Bn |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 482.00 Mn |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 316.29 Mn |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 244.00 Mn |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 803.00 Mn |
| 10 | American Express | 204.37 Bn | -3.81 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 244.00 Mn |
| Mar 31, 2026 | 254.00 Mn |
| Dec 31, 2025 | 249.00 Mn |
| Sep 30, 2025 | 242.00 Mn |
| Jun 30, 2025 | 234.00 Mn |
| Mar 31, 2025 | 233.00 Mn |
| Dec 31, 2024 | 240.00 Mn |
| Sep 30, 2024 | 242.00 Mn |
| Jun 30, 2024 | 244.00 Mn |
| Mar 31, 2024 | 247.00 Mn |
| Dec 31, 2023 | 268.00 Mn |
| Sep 30, 2023 | 267.00 Mn |
| Jun 30, 2023 | 253.00 Mn |
| Mar 31, 2023 | 265.00 Mn |
| Dec 31, 2022 | 261.00 Mn |
| Sep 30, 2022 | 255.00 Mn |
| Jun 30, 2022 | 259.00 Mn |
| Mar 31, 2022 | 251.00 Mn |
| Dec 31, 2021 | 254.00 Mn |
| Sep 30, 2021 | 239.00 Mn |
API Access
Goldman Sachs Rent Expense API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=rent-expense&ticker=GS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "ticker": "GS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=rent-expense&ticker=GS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();