Superworth

Goldman Sachs profit margin GS

Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.

Net margin, 12 months
31.8%
Net margin on a year earlier
+3.4 pts
Peer median
40.0%

Over the twelve months to Sep 30, 2026, Goldman Sachs kept 31.8% of its revenue as net profit.

Five years earlier its net margin was 38.0%.

The median for 4 capital markets stocks of a similar size is 40.0%.

Profit margin over time

Net

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet margin
FY202529.5%
FY202426.7%
FY202318.4%
FY202223.8%
FY202136.5%
FY202021.2%
FY201923.2%
FY201828.6%
FY201713.4%
FY201624.2%
FY201518.0%
FY201424.6%
FY201323.5%
FY201221.9%
FY201115.4%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q3 FY2631.8%+3.4 pts
Q2 FY2631.7%+4.0 pts
Q1 FY2629.9%+2.5 pts
Q4 FY2529.5%+2.8 pts
Q3 FY2528.4%+4.5 pts
Q2 FY2527.7%+5.2 pts
Q1 FY2527.4%+7.9 pts
Q4 FY2426.7%+8.3 pts
Q3 FY2423.9%+6.7 pts
Q2 FY2422.4%+3.1 pts
Q1 FY2419.5%−3.1 pts
Q4 FY2318.4%−5.4 pts

Against its peers

Companies in Financial - Capital Markets nearest Goldman Sachs' size, closest first, today.

CompanyProfit margin
GSGoldman Sachs31.8%
MSMorgan Stanley25.5%
SCHWCharles Schwab39.3%
HOODRobinhood Markets42.0%
TWTradeweb Markets40.7%
Peer median40.0%

Where Goldman Sachs ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Goldman Sachs

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.