KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Asset ManagementConsolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Financial Services FeesIncome from Continuing OperationsIncome towards Parent CompanyInterest Expense - DebtInterest Expense - DepositsInterest Expense - Fed FundsInterest Expense - OthersInterest ExpensesInterest Income - Debt SecuritiesInterest Income - DepositsInterest Income - Fed FundsInterest Income - NetInterest Income - TotalInterest Income - Trading Account AssetsInterest income - LoansInvestment Gain (Loss)Net Income towards Common StockholdersNon-Interest IncomeOperating ExpensesOther Non-Interest IncomeOther Operating ExpensesOther interest incomePreferred Dividend PaymentsProfit After TaxProvisionsResearch & DevelopmentRevenueShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateWages, Salaries and Other
Others
Ratios

Goldman Sachs (GS) Research & Development (2016 - 2025)

Goldman Sachs (GS) has disclosed Research & Development for 17 consecutive years, with -$871.0 million as the latest value for Q4 2025.

  • Quarterly Research & Development fell 581.22% to -$871.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $360.0 million through Dec 2025, down 72.35% year-over-year, with the annual reading at $710.0 million for FY2025, 9.91% up from the prior year.
  • Research & Development hit -$871.0 million in Q4 2025 for Goldman Sachs, down from $545.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $1.5 billion in Q4 2023 to a low of -$871.0 million in Q4 2025.
  • Historically, Research & Development has averaged $256.8 million across 5 years, with a median of $373.0 million in 2021.
  • Biggest five-year swings in Research & Development: skyrocketed 384.47% in 2023 and later plummeted 581.22% in 2025.
  • Year by year, Research & Development stood at -$590.0 million in 2021, then increased by 12.71% to -$515.0 million in 2022, then surged by 384.47% to $1.5 billion in 2023, then plummeted by 87.65% to $181.0 million in 2024, then tumbled by 581.22% to -$871.0 million in 2025.
  • Business Quant data shows Research & Development for GS at -$871.0 million in Q4 2025, $545.0 million in Q3 2025, and $530.0 million in Q2 2025.