Goldman Sachs (GS) Technology and Communications (2009 - 2026)
Goldman Sachs (GS) reported Technology and Communications of $674 million for Q3 2026, up 23.7% from $545 million a year earlier and up 6.1% from the prior quarter.
Goldman Sachs (GS) Technology and Communications (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Goldman Sachs' Technology and Communications came in at $2.48 billion, up 17.9% year-over-year; for FY2025, it was $2.17 billion, up 9.0% from FY2024.
- Technology and Communications has increased for 12 consecutive years, with a five-year compound annual growth rate of 10.0% (FY2020 to FY2025).
- By year, Technology and Communications came in at $1.99 billion in FY2024 (+3.8%), $1.92 billion in FY2023 (+6.1%), $1.81 billion in FY2022 (+14.9%) and $1.57 billion in FY2021 (+16.8%).
- The Q3 2026 figure ranks as the highest quarterly Technology and Communications in data going back to Q1 2009.
- Year over year, Technology and Communications has now increased in each of the last 39 quarters, with growth averaging 12.3% over the last eight quarters.
- Over the past five years, the year-over-year growth in Technology and Communications ranged from 0.9% (Q1 2024) to 26.1% (Q4 2021).
- Per Business Quant data, the three quarters before Q3 2026 came in at $635 million (Q2 2026), $583 million (Q1 2026) and $589 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Technology (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 920.14 Bn | 897.90 Bn | - | 3.34 Bn |
| 2 | Banco Santander Chile | 407.42 Bn | -7,109.68 Bn | - | - |
| 3 | Bank Of America | 353.20 Bn | -2,022.91 Bn | - | 2.01 Bn |
| 4 | Hsbc Holdings | 307.88 Bn | -2,967.28 Bn | - | - |
| 5 | Morgan Stanley | 298.41 Bn | -244.41 Bn | - | 1.30 Bn |
| 6 | Royal Bank Of Canada | 283.46 Bn | -546.54 Bn | - | 284.73 Mn |
| 7 | Goldman Sachs | 264.45 Bn | -3,478.99 Bn | - | 674.00 Mn |
| 8 | Mitsubishi Ufj Financial | 259.19 Bn | -159.36 Bn | 5.24 Bn | - |
| 9 | Wells Fargo & Company | 258.28 Bn | 93.72 Bn | - | - |
| 10 | American Express | 215.12 Bn | 14.60 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 674.00 Mn |
| Jun 30, 2026 | 635.00 Mn |
| Mar 31, 2026 | 583.00 Mn |
| Dec 31, 2025 | 589.00 Mn |
| Sep 30, 2025 | 545.00 Mn |
| Jun 30, 2025 | 530.00 Mn |
| Mar 31, 2025 | 506.00 Mn |
| Dec 31, 2024 | 523.00 Mn |
| Sep 30, 2024 | 498.00 Mn |
| Jun 30, 2024 | 500.00 Mn |
| Mar 31, 2024 | 470.00 Mn |
| Dec 31, 2023 | 503.00 Mn |
| Sep 30, 2023 | 468.00 Mn |
| Jun 30, 2023 | 482.00 Mn |
| Mar 31, 2023 | 466.00 Mn |
| Dec 31, 2022 | 481.00 Mn |
| Sep 30, 2022 | 459.00 Mn |
| Jun 30, 2022 | 444.00 Mn |
| Mar 31, 2022 | 424.00 Mn |
| Dec 31, 2021 | 430.00 Mn |
Goldman Sachs Technology and Communications 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=technology-and-communications&ticker=GS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "technology-and-communications", "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=technology-and-communications&ticker=GS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();