# The Goldman Sachs Group, Inc. (GS) FY2025 Annual Balance Sheet

- Company: The Goldman Sachs Group, Inc. (GS)
- Period: As of 2025-12-31
- Filing: FY2025 10-K, filed 2026-02-25, accession number 0000886982-26-000091
- Page: https://plicit.ai/financials/gs/fy2025-annual-balance-sheet
- Chart image: https://plicit.ai/charts/gs-fy2025-annual-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2025-12-31. The chart shows assets, liabilities and equity at that date.

- **Assets**: 1,809,320,000,000 US dollars
- **Liabilities**: 1,684,348,000,000 US dollars
- **Equity**: 124,972,000,000 US dollars
- **Trading assets (at fair value and includes $158,641 and $148,417 pledged as collateral)**: 656,796,000,000 US dollars
- **Loans (net of allowance of $2,148 and $4,666, and includes $4,905 and $5,460 at fair value)**: 237,734,000,000 US dollars
- **Securities borrowed (includes $51,581 and $46,902 at fair value)**: 208,208,000,000 US dollars
- **Customer and other receivables (includes $315 and $23 at fair value)**: 185,842,000,000 US dollars
- **Cash and cash equivalents**: 164,259,000,000 US dollars
- **Securities purchased under agreements to resell (includes $126,007 and $179,793 at fair value)**: 126,007,000,000 US dollars
- **Available-for-sale securities (at fair value; amortized cost of $99,116 and $80,777)**: 99,244,000,000 US dollars
- **Held-to-maturity securities**: 69,193,000,000 US dollars
- **Other assets (includes $180 and $194 at fair value)**: 36,212,000,000 US dollars
- **Other investments (includes $24,938 and $25,284 at fair value)**: 25,825,000,000 US dollars
- **Deposits (includes $76,569 and $44,855 at fair value)**: 501,422,000,000 US dollars
- **Unsecured long-term borrowings (includes $112,683 and $89,189 at fair value)**: 285,500,000,000 US dollars
- **Trading liabilities (at fair value)**: 262,552,000,000 US dollars
- **Customer and other payables**: 231,865,000,000 US dollars
- **Securities sold under agreements to repurchase (at fair value)**: 223,384,000,000 US dollars
- **Unsecured short-term borrowings**: 70,459,000,000 US dollars
- **Securities loaned (includes $11,995 and $10,246 at fair value)**: 53,644,000,000 US dollars
- **Other secured financings (includes $27,833 and $27,985 at fair value)**: 28,021,000,000 US dollars
- **Other liabilities (includes $111 and $84 at fair value)**: 27,501,000,000 US dollars
- **Retained earnings**: 165,288,000,000 US dollars
- **Additional paid-in capital**: 61,906,000,000 US dollars
- **Preferred stock; aggregate liquidation preference of $15,153 and $13,253**: 15,153,000,000 US dollars
- **Share-based awards**: 5,795,000,000 US dollars
- **Common stock; 931,995,446 and 927,499,667 shares issued, and 296,476,742 and 310,653,708 shares outstanding**: 9,000,000 US dollars
- **Nonvoting common stock; no shares issued and outstanding**: 0 US dollars
- **Stock held in treasury, at cost; 635,518,706 and 616,845,961 shares**: negative 120,919,000,000 US dollars
- **Accumulated other comprehensive loss**: negative 2,260,000,000 US dollars
- **Gross equity (calculated)**: 248,151,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.