Skip to content
AnalystLens
Back to GSIncome Statement

GOLDMAN SACHS GROUP INC Income Tax Expense 2007-2026 | GS

Annual FY2007–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$4.68B

+13.5%YoY vs FY2024Source: 10-KFY2025

From $6.00B in FY2007 to $4.68B in FY2025: 0.8× in 18 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$856M−5.8%Not reportedNot reportedNot reported
FY25$909M−17.7%$1.2B+41.5%$1.3B+29.8%$1.2B+8.0%
FY24$1.1B+45.6%$873M+67.9%$997M+42.8%$1.1B+365.9%
FY23$759M+5.9%$520M−15.7%$698M+1.6%$246M+20.6%
FY22$717M−52.2%$617M−54.4%$687M−53.1%$204M−81.3%
Share24%27%28%21%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+9.1%

FY2020
$3.02B
FY2025
$4.68B

5 years selected · on the chart

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

  1. $4.68B
YoY changeLargest recent move+135.6%in FY17Latest +13.5%

1 older move runs past ±150% (largest +45928.6%); point at, tap or drag across the bars to read one.

Income Tax Expense, period by period

PeriodValueChangeSource
FY2025$4.68B+13.5%10-K
FY2024$4.12B+85.4%10-K
FY2023$2.22B−0.1%10-K
FY2022$2.23B−58.9%10-K
FY2021$5.41B+79.1%10-K
FY2020$3.02B+42.7%10-K
FY2019$2.12B+4.7%10-K
FY2018$2.02B−70.5%10-K
FY2017$6.85B+135.6%10-K
FY2016$2.91B+7.8%10-K
FY2015$2.69B−30.5%10-K
FY2014$3.88B+4.9%10-K
FY2013$3.70B−0.9%10-K
FY2012$3.73B+116.1%10-K
FY2011$1.73B−61.9%10-K
FY2010$4.54B−29.6%10-K
FY2009$6.44B+45928.6%10-K
FY2008$14.0M−99.8%10-K
FY2007$6.00B—10-K

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is GOLDMAN SACHS GROUP INC's current income tax expense?

GOLDMAN SACHS GROUP INC (GS) annual income tax expense for 2025 was $4.68B, a 13.47% increase from 2024. GOLDMAN SACHS GROUP INC income tax expense for the quarter ending March 31, 2026 was $856.0M.

What was GOLDMAN SACHS GROUP INC's income tax expense in 2024?

GOLDMAN SACHS GROUP INC annual income tax expense for 2024 was $4.12B, a 85.38% increase from 2023.

What was GOLDMAN SACHS GROUP INC's income tax expense in 2023?

GOLDMAN SACHS GROUP INC annual income tax expense for 2023 was $2.22B, a 0.09% decline from 2022.

What is GOLDMAN SACHS GROUP INC's 5-year income tax expense CAGR?

GOLDMAN SACHS GROUP INC income tax expense grew at a compound annual growth rate (CAGR) of 9.14% from FY2020 to FY2025, going from $3.02B to $4.68B over 5 years.

Company
GOLDMAN SACHS GROUP INC
Ticker
GS
Sector
Other
Industry
Security Brokers, Dealers & Flotation Companies