# The Goldman Sachs Group, Inc. (GS) FY2026 Q2 Statement of Cash Flows

- Company: The Goldman Sachs Group, Inc. (GS)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-03, accession number 0000886982-26-000297
- Page: https://plicit.ai/financials/gs/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/gs-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2026**: 179,530,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 6,105,000,000 US dollars. Net cash provided.
- **Net earnings**: 6,628,000,000 US dollars
- **Loans held for sale, net**: negative 336,000,000 US dollars
- **Collateralized transactions (excluding other secured financings), net**: 27,738,000,000 US dollars
- **Share-based compensation**: 439,000,000 US dollars
- **Customer and other receivables and payables, net**: negative 12,250,000,000 US dollars
- **Provision for credit losses**: 102,000,000 US dollars
- **Other, net**: 4,535,000,000 US dollars
- **Depreciation and amortization**: 509,000,000 US dollars
- **Trading assets**: negative 28,542,000,000 US dollars
- **Trading liabilities**: 7,723,000,000 US dollars
- **Deferred income taxes**: negative 441,000,000 US dollars
- **Investing activities**: negative 28,572,000,000 US dollars. Net cash used.
- **Proceeds from sales of property, leasehold improvements and equipment**: 146,000,000 US dollars
- **Loans (excluding loans held for sale), net**: negative 7,287,000,000 US dollars
- **Purchase of property, leasehold improvements and equipment**: negative 502,000,000 US dollars
- **Net cash used for business acquisitions**: negative 1,424,000,000 US dollars
- **Purchases**: negative 21,848,000,000 US dollars
- **Proceeds from sales**: 1,793,000,000 US dollars
- **Proceeds from paydowns and maturities**: 119,000,000 US dollars
- **Purchases**: negative 4,347,000,000 US dollars
- **Proceeds from paydowns and maturities**: 4,021,000,000 US dollars
- **Purchases**: negative 2,584,000,000 US dollars
- **Proceeds from sales, paydowns and maturities**: 3,341,000,000 US dollars
- **Financing activities**: 30,916,000,000 US dollars. Net cash provided.
- **Unsecured short-term borrowings, net**: 4,845,000,000 US dollars
- **Deposits, net**: negative 3,239,000,000 US dollars
- **Other secured financings (short-term), net**: 3,618,000,000 US dollars
- **Common stock repurchased**: negative 4,000,000,000 US dollars
- **Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards**: negative 1,603,000,000 US dollars
- **Other financing, net**: negative 99,000,000 US dollars
- **Settlement of share-based awards in satisfaction of withholding tax requirements**: negative 259,000,000 US dollars
- **Derivative contracts with a financing element, net**: 1,245,000,000 US dollars
- **Proceeds from issuance of other secured financings (long-term)**: 4,476,000,000 US dollars
- **Repayment of other secured financings (long-term), including the current portion**: negative 3,231,000,000 US dollars
- **Proceeds from issuance of unsecured long-term borrowings**: 50,245,000,000 US dollars
- **Repayment of unsecured long-term borrowings, including the current portion**: negative 20,407,000,000 US dollars
- **Proceeds from issuance of preferred stock, net of issuance costs**: 0 US dollars
- **Preferred stock redemption**: negative 675,000,000 US dollars
- **Operating adjustment reconciliation**: 41,569,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 64,429,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 37,992,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 713,000,000 US dollars
- **Ending cash on Jun 30, 2026**: 187,266,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 216,551,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 7,736,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.92×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 6,105,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 502,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 5,603,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income exceeds operating cash. The diagram allocates $6.11B of net income directly to operating cash and $523.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 6,105,000,000 US dollars minus 502,000,000 US dollars equals 5,603,000,000 US dollars.