Goldman Historical Income Statement

GS Stock

USD 640.40 5.30 0.82%

Historical analysis of Goldman Sachs income statement accounts such as Selling And Marketing Expenses of 567.3 M can show how well Goldman Sachs Group performed in making a profits. Evaluating Goldman Sachs income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Goldman Sachs's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Goldman Sachs Group latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Goldman Sachs Group is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

About Goldman Income Statement Analysis

Goldman Sachs Group Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Goldman Sachs shareholders. The income statement also shows Goldman investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Goldman Sachs Income Statement Chart

At this time, Goldman Sachs' Reconciled Depreciation is comparatively stable compared to the past year.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit Cost Of Revenue Net Income

Total Revenue

Total revenue comprises all receipts Goldman Sachs Group generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Goldman Sachs Group minus its cost of goods sold. It is profit before Goldman Sachs operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Cost Of Revenue

Cost of Revenue is found on Goldman Sachs Group income statement and represents the costs associated with goods and services Goldman Sachs provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Goldman Sachs Group financial statement analysis. It represents the amount of money remaining after all of Goldman Sachs Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most accounts from Goldman Sachs' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Goldman Sachs Group current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Goldman Sachs Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

At this time, Goldman Sachs' Reconciled Depreciation is comparatively stable compared to the past year.

	2022	2023	2024	2025 (projected)
Gross Profit	31.2B	46.3B	52.2B	31.5B
Total Revenue	47.4B	46.3B	52.2B	34.7B

Gross Profit Total Revenue

Goldman Sachs income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Minority Interest	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		-0.72	0.9	-0.02	-0.17	-0.35	0.17	-0.54	-0.54	0.05	-0.23	-0.4	-0.19	0.35	-0.17	-0.15	0.02	0.85	0.08	-0.19	0.17	-0.33	-0.71	-0.71	-0.28
Interest Expense	-0.72		-0.63	0.25	0.38	0.56	0.17	0.56	0.56	0.15	0.25	0.82	0.14	-0.16	0.18	-0.01	0.04	-0.76	-0.23	0.49	-0.32	0.63	1.0	0.98	0.57
Selling General Administrative	0.9	-0.63		0.15	0.22	-0.05	0.42	-0.25	-0.25	0.33	-0.06	-0.36	0.2	0.29	0.19	0.12	0.42	0.62	0.06	0.01	0.24	-0.07	-0.59	-0.56	-0.07
Selling And Marketing Expenses	-0.02	0.25	0.15		0.39	0.18	0.12	0.54	0.54	0.64	-0.03	0.46	0.23	0.22	0.26	0.05	0.46	-0.23	-0.13	0.5	-0.22	0.47	0.3	0.22	0.47
Total Revenue	-0.17	0.38	0.22	0.39		0.76	0.68	0.69	0.69	0.73	0.47	0.33	0.88	-0.12	0.89	0.46	0.77	-0.37	-0.25	0.76	0.09	0.85	0.44	0.52	0.71
Gross Profit	-0.35	0.56	-0.05	0.18	0.76		0.55	0.44	0.44	0.32	0.46	0.43	0.63	-0.14	0.56	0.52	0.52	-0.48	-0.08	0.35	0.05	0.59	0.58	0.64	0.3
Other Operating Expenses	0.17	0.17	0.42	0.12	0.68	0.55		0.19	0.19	0.32	0.24	0.21	0.45	0.2	0.44	0.27	0.5	-0.12	-0.02	0.39	0.14	0.59	0.23	0.33	0.38
Operating Income	-0.54	0.56	-0.25	0.54	0.69	0.44	0.19		1.0	0.81	0.41	0.59	0.64	-0.45	0.68	0.26	0.53	-0.66	-0.29	0.65	-0.1	0.78	0.62	0.62	0.72
Ebit	-0.54	0.56	-0.25	0.54	0.69	0.44	0.19	1.0		0.81	0.41	0.59	0.64	-0.45	0.68	0.26	0.53	-0.66	-0.29	0.65	-0.1	0.78	0.62	0.62	0.72
Ebitda	0.05	0.15	0.33	0.64	0.73	0.32	0.32	0.81	0.81		0.34	0.41	0.66	-0.29	0.71	0.21	0.65	-0.16	-0.3	0.66	-0.01	0.71	0.22	0.23	0.66
Cost Of Revenue	-0.23	0.25	-0.06	-0.03	0.47	0.46	0.24	0.41	0.41	0.34		0.21	0.53	-0.06	0.5	0.36	0.25	-0.24	-0.1	0.26	-0.02	0.36	0.28	0.32	0.26
Total Operating Expenses	-0.4	0.82	-0.36	0.46	0.33	0.43	0.21	0.59	0.59	0.41	0.21		0.01	-0.24	0.08	-0.19	-0.02	-0.46	-0.23	0.44	-0.41	0.67	0.83	0.78	0.5
Income Before Tax	-0.19	0.14	0.2	0.23	0.88	0.63	0.45	0.64	0.64	0.66	0.53	0.01		-0.18	0.96	0.64	0.8	-0.34	-0.27	0.56	0.32	0.61	0.21	0.29	0.53
Total Other Income Expense Net	0.35	-0.16	0.29	0.22	-0.12	-0.14	0.2	-0.45	-0.45	-0.29	-0.06	-0.24	-0.18		-0.17	-0.11	0.04	0.23	0.1	0.01	-0.15	-0.17	-0.15	-0.19	-0.06
Net Income	-0.17	0.18	0.19	0.26	0.89	0.56	0.44	0.68	0.68	0.71	0.5	0.08	0.96	-0.17		0.4	0.73	-0.28	-0.28	0.67	0.12	0.69	0.24	0.32	0.64
Income Tax Expense	-0.15	-0.01	0.12	0.05	0.46	0.52	0.27	0.26	0.26	0.21	0.36	-0.19	0.64	-0.11	0.4		0.59	-0.34	-0.12	0.03	0.71	0.11	0.03	0.07	-0.01
Net Income From Continuing Ops	0.02	0.04	0.42	0.46	0.77	0.52	0.5	0.53	0.53	0.65	0.25	-0.02	0.8	0.04	0.73	0.59		-0.38	-0.13	0.46	0.14	0.44	0.12	0.17	0.45
Non Operating Income Net Other	0.85	-0.76	0.62	-0.23	-0.37	-0.48	-0.12	-0.66	-0.66	-0.16	-0.24	-0.46	-0.34	0.23	-0.28	-0.34	-0.38		0.09	-0.29	0.13	-0.42	-0.78	-0.78	-0.43
Non Recurring	0.08	-0.23	0.06	-0.13	-0.25	-0.08	-0.02	-0.29	-0.29	-0.3	-0.1	-0.23	-0.27	0.1	-0.28	-0.12	-0.13	0.09		-0.41	-0.08	-0.36	-0.23	-0.23	-0.39
Minority Interest	-0.19	0.49	0.01	0.5	0.76	0.35	0.39	0.65	0.65	0.66	0.26	0.44	0.56	0.01	0.67	0.03	0.46	-0.29	-0.41		-0.18	0.87	0.54	0.56	0.96
Tax Provision	0.17	-0.32	0.24	-0.22	0.09	0.05	0.14	-0.1	-0.1	-0.01	-0.02	-0.41	0.32	-0.15	0.12	0.71	0.14	0.13	-0.08	-0.18		-0.11	-0.31	-0.26	-0.22
Net Interest Income	-0.33	0.63	-0.07	0.47	0.85	0.59	0.59	0.78	0.78	0.71	0.36	0.67	0.61	-0.17	0.69	0.11	0.44	-0.42	-0.36	0.87	-0.11		0.68	0.73	0.86
Interest Income	-0.71	1.0	-0.59	0.3	0.44	0.58	0.23	0.62	0.62	0.22	0.28	0.83	0.21	-0.15	0.24	0.03	0.12	-0.78	-0.23	0.54	-0.31	0.68		0.99	0.63
Reconciled Depreciation	-0.71	0.98	-0.56	0.22	0.52	0.64	0.33	0.62	0.62	0.23	0.32	0.78	0.29	-0.19	0.32	0.07	0.17	-0.78	-0.23	0.56	-0.26	0.73	0.99		0.65
Extraordinary Items	-0.28	0.57	-0.07	0.47	0.71	0.3	0.38	0.72	0.72	0.66	0.26	0.5	0.53	-0.06	0.64	-0.01	0.45	-0.43	-0.39	0.96	-0.22	0.86	0.63	0.65

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Goldman Sachs Account Relationship Matchups

Goldman Sachs income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Depreciation And Amortization	1.9B	2.0B	2.5B	4.9B	(13.8B)	(13.1B)
Interest Expense	8.9B	5.7B	21.3B	62.2B	71.5B	75.1B
Selling General Administrative	13.3B	17.7B	15.1B	15.5B	1.7B	1.6B
Selling And Marketing Expenses	401M	553M	812M	629M	646M	567.3M
Total Revenue	40.4B	59.3B	47.4B	46.3B	52.2B	34.7B
Gross Profit	26.2B	40.6B	31.2B	46.3B	52.2B	31.5B
Other Operating Expenses	27.9B	32.3B	31.2B	32.8B	20.0B	21.5B
Operating Income	12.5B	27.0B	34.8B	13.5B	32.2B	33.8B
Ebit	12.5B	27.0B	34.8B	13.5B	32.2B	33.8B
Ebitda	14.4B	29.1B	37.3B	18.3B	18.4B	15.0B
Cost Of Revenue	14.3B	18.7B	16.2B	16.6B	19.0B	16.7B
Total Operating Expenses	(27.9B)	(32.3B)	31.2B	32.8B	20.0B	21.0B
Income Before Tax	12.5B	27.0B	13.5B	10.7B	18.4B	11.7B
Total Other Income Expense Net	(13.0B)	(11.0B)	(12.3B)	(2.7B)	(13.8B)	(14.5B)
Net Income	9.5B	21.6B	11.3B	8.5B	14.3B	8.4B
Income Tax Expense	3.0B	5.4B	2.2B	2.2B	4.1B	3.3B
Net Income Applicable To Common Shares	7.9B	8.9B	21.2B	10.8B	12.4B	7.8B
Net Income From Continuing Ops	9.5B	21.6B	11.3B	7.8B	9.0B	7.8B
Preferred Stock And Other Adjustments	569M	544M	484M	497M	571.6M	501.7M
Tax Provision	3.0B	5.4B	2.2B	2.2B	2.0B	2.6B
Net Interest Income	4.8B	6.5B	7.7B	6.4B	7.3B	5.3B
Interest Income	13.7B	12.1B	29.0B	62.4B	71.8B	75.4B
Reconciled Depreciation	1.9B	2.0B	2.5B	4.8B	5.5B	5.8B

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Goldman Historical Income Statement

About Goldman Income Statement Analysis

Goldman Sachs Income Statement Chart

Total Revenue

Gross Profit

Cost Of Revenue

Net Income

Goldman Sachs income statement Correlations

Goldman Sachs Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Goldman Sachs income statement Accounts

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Interest Income	+ 1.0	Interest Expense
Ebit	+ 1.0	Operating Income
Reconciled Depreciation	+ 0.99	Interest Income
Reconciled Depreciation	+ 0.98	Interest Expense
Net Income	+ 0.96	Income Before Tax
Extraordinary Items	+ 0.96	Minority Interest

Reconciled Depreciation	- 0.78	Non Operating Income Net Other
Interest Income	- 0.78	Non Operating Income Net Other
Non Operating Income Net Other	- 0.76	Interest Expense
Interest Expense	- 0.72	Depreciation And Amortization
Reconciled Depreciation	- 0.71	Depreciation And Amortization
Interest Income	- 0.71	Depreciation And Amortization