KPIs & Operating Metrics(New)

Goldman Sachs (GS) Research & Development (2016 - 2026)

Goldman Sachs' Research & Development history spans 18 years, with the latest figure at $583.0 million for Q1 2026.

  • On a quarterly basis, Research & Development rose 273.72% to $583.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $424.0 million, a 27.71% increase, with the full-year FY2025 number at $710.0 million, up 9.91% from a year prior.
  • Research & Development hit $583.0 million in Q1 2026 for Goldman Sachs, up from -$871.0 million in the prior quarter.
  • Over the last five years, Research & Development for GS hit a ceiling of $1.5 billion in Q4 2023 and a floor of -$871.0 million in Q4 2025.
  • Historically, Research & Development has averaged $233.9 million across 5 years, with a median of $199.0 million in 2022.
  • Biggest five-year swings in Research & Development: skyrocketed 578.24% in 2023 and later crashed 156.11% in 2024.
  • Tracing GS's Research & Development over 5 years: stood at $216.0 million in 2022, then skyrocketed by 578.24% to $1.5 billion in 2023, then crashed by 156.11% to -$822.0 million in 2024, then fell by 5.96% to -$871.0 million in 2025, then soared by 166.93% to $583.0 million in 2026.
  • Business Quant data shows Research & Development for GS at $583.0 million in Q1 2026, -$871.0 million in Q4 2025, and $545.0 million in Q3 2025.