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GOLDMAN SACHS GROUP INC Interest Expense 2011-2025 | GS

Annual FY2011–FY2025 · quarterly through Q4 FY2025

Latest annual · FY2025

$66.81B

−8.9%YoY vs FY2024Source: 10-KFY2025

From $7.98B in FY2011 to $66.81B in FY2025: 8.4× in 14 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY25$16.5B−9.3%$16.7B−9.6%$17.0B−11.2%$16.7B−5.3%
FY24$18.2B+38.2%$18.4B+21.8%$19.1B+14.3%$17.6B+2.7%
FY23$13.2B+850.0%$15.2B+386.1%$16.7B+156.8%$17.1B+65.9%
FY22$1.4B−11.9%$3.1B+137.9%$6.5B+319.0%$10.3B+750.8%
FY21$1.6B−54.3%$1.3B−37.3%$1.6B−16.0%$1.2B−22.3%
Share24%23%26%27%

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 DirectionStable
CAGR

+49.5%

FY2020
$8.94B
FY2025
$66.81B

5 years selected · on the chart

01—History

Interest Expense History

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

  15. $66.81B
YoY changeLargest recent move+277.8%in FY22Latest −8.9%

2 older moves run past ±150% (largest +277.8%); point at, tap or drag across the bars to read one.

02—Ledger

Interest Expense, period by period

PeriodValueChangeSource
FY2025$66.81B−8.9%10-K
FY2024$73.34B+18.0%10-K
FY2023$62.16B+191.2%10-K
FY2022$21.35B+277.8%10-K
FY2021$5.65B−36.8%10-K
FY2020$8.94B−48.6%10-K
FY2019$17.38B+9.2%10-K
FY2018$15.91B+56.3%10-K
FY2017$10.18B+43.3%10-K
FY2016$7.10B+31.8%10-K
FY2015$5.39B−3.0%10-K
FY2014$5.56B−16.7%10-K
FY2013$6.67B−11.1%10-K
FY2012$7.50B−6.0%10-K
FY2011$7.98B—10-K

03—Questions

What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is GOLDMAN SACHS GROUP INC's current interest expense?

GOLDMAN SACHS GROUP INC (GS) annual interest expense for 2025 was $66.81B, a 8.90% decline from 2024. GOLDMAN SACHS GROUP INC interest expense for the quarter ending December 31, 2025 was $16.67B.

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

GOLDMAN SACHS GROUP INC annual interest expense for 2024 was $73.34B, a 17.98% increase from 2023.

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

GOLDMAN SACHS GROUP INC annual interest expense for 2023 was $62.16B, a 191.22% increase from 2022.

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

GOLDMAN SACHS GROUP INC interest expense grew at a compound annual growth rate (CAGR) of 49.53% from FY2020 to FY2025, going from $8.94B to $66.81B over 5 years.

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