Goldman Sachs GS Revenue Breakdown

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At close: Sep 18, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Goldman Sachs Group Inc, fiscal 2009 to 2025, as reported in its filings.
Annual history

Goldman Sachs Group Inc Revenue by Segment

Years FY 2009–2025
Lines 3
FY 2025 Total $699.40B

Global Banking Markets was the largest of Goldman Sachs Group Inc’s 3 reported lines in fiscal 2025, at $497.44B — 71% of $699.40B.

Goldman Sachs Group Inc revenue by segment, fiscal 2009 to 2025
Segment FY 2009 FY 2010 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Global Banking Markets $389.84B $359.93B $420.80B $497.44B
Asset Wealth Management $160.51B $170.42B $195.79B $200.15B
Platform Solutions $18.02B $24.70B $25.55B $1.81B
Total $568.38B $555.05B $642.14B $699.40B
Totals include 7 discontinued lines from earlier reporting.

Goldman Sachs Group Inc revenue by segment: what the figures show

In fiscal 2025, which ended December 31, 2025, the 3 segments Goldman Sachs Group Inc reported in this breakdown added up to $699.40B. That was up 8.9% from $642.14B in fiscal 2024. Global Banking Markets was the largest segment, at $497.44B or 71.1% of the total, followed by Asset Wealth Management ($200.15B, 28.6%) and Platform Solutions ($1.81B, 0.3%). Together, the two largest segments made up 99.7% of this total.

Compared with fiscal 2024, Global Banking Markets grew the fastest, rising 18.2% to $497.44B. Over fiscal 2022 to 2025, revenue across these segments went from $568.38B to $699.40B, a compound annual growth rate of 7.2%. Global Banking Markets' share of the total rose from 68.6% to 71.1% over the same years.

The table also keeps 7 segments that Goldman Sachs Group Inc no longer reports, so earlier years can still be read on their original basis; use "Show 7 discontinued" beneath the table to see them. This breakdown covers 11 fiscal years between 2009 and 2025, as reported in Goldman Sachs Group Inc's annual filings.

Annual history

Goldman Sachs Group Inc Revenue by Geography

Years FY 2009–2025
Lines 3
FY 2025 Total $699.40B

Americas was the largest of Goldman Sachs Group Inc’s 3 reported lines in fiscal 2025, at $438.58B — 63% of $699.40B.

Goldman Sachs Group Inc revenue by geography, fiscal 2009 to 2025
Geography FY 2009 FY 2010 FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Americas $344.03B $352.02B $413.38B $438.58B
Emea $154.32B $140.93B $147.00B $169.86B
Asia $70.03B $62.10B $81.77B $90.96B
Total $568.38B $555.05B $642.14B $699.40B
Totals include 3 discontinued lines from earlier reporting.

Goldman Sachs Group Inc revenue by geography: what the figures show

In fiscal 2025, which ended December 31, 2025, the 3 regions Goldman Sachs Group Inc reported in this breakdown added up to $699.40B. That was up 8.9% from $642.14B in fiscal 2024. Americas was the largest region, at $438.58B or 62.7% of the total, followed by Emea ($169.86B, 24.3%) and Asia ($90.96B, 13.0%). Together, the two largest regions made up 87.0% of this total.

Compared with fiscal 2024, Emea grew the fastest, rising 15.6% to $169.86B. Every sizeable region reported in both years grew. Over fiscal 2022 to 2025, revenue across these regions went from $568.38B to $699.40B, a compound annual growth rate of 7.2%. Americas' share of the total rose from 60.5% to 62.7% over the same years.

The table also keeps 3 regions that Goldman Sachs Group Inc no longer reports, so earlier years can still be read on their original basis; use "Show 3 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2009 to 2025, as reported in Goldman Sachs Group Inc's annual filings.

Questions

Goldman Sachs Group Inc Revenue Breakdown FAQ

How does Goldman Sachs Group Inc make money?

Goldman Sachs Group Inc (GS) breaks its revenue down by segment and region. In fiscal 2025, its largest segment was Global Banking Markets, with $497.44B or 71.1% of the total, followed by Asset Wealth Management at $200.15B (28.6%).

What is Goldman Sachs Group Inc's largest segment?

Global Banking Markets was Goldman Sachs Group Inc's largest segment in fiscal 2025, with $497.44B in revenue, 71.1% of the $699.40B reported across its 3 segments.

What is Goldman Sachs Group Inc's largest region?

Americas was Goldman Sachs Group Inc's largest region in fiscal 2025, with $438.58B in revenue, 62.7% of the $699.40B reported across its 3 regions.

Which Goldman Sachs Group Inc segment is growing the fastest?

Of the Goldman Sachs Group Inc segments reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Global Banking Markets grew the fastest, rising 18.2% from $420.80B to $497.44B.

Where does this revenue breakdown data come from?

Every figure is taken from Goldman Sachs Group Inc's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.

How far back does Goldman Sachs Group Inc's revenue breakdown go?

The breakdown by segment covers fiscal 2009 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.