For the quarter ending 2025-09-30, GSCE had $16,610M increase in cash & cash equivalents over the period. $2,122M in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Pre-tax earnings | - | - | - | 18,397 |
| Provision for taxes | - | - | - | 4,121 |
| Net earnings | 4,098 | 3,723 | 4,738 | 4,111 |
| Depreciation and amortization | 531 | 618 | 506 | 498 |
| Deferred income taxes | 49 | -356 | 154 | -800 |
| Share-based compensation | 237 | 533 | 2,417 | 104 |
| Provision for credit losses | 339 | 384 | 287 | 351 |
| Customer and other receivables and payables, net | -1,132 | 10,801 | 907 | 15,910 |
| Collateralized transactions (excluding other secured financings), net | -6,252 | -14,612 | 48,685 | -48,938 |
| Trading assets | 19,263 | 26,359 | 21,266 | -25,940 |
| Trading liabilities | 8,335 | 20,154 | 29,640 | -13,312 |
| Loans held for sale, net | -632 | 760 | 501 | -87 |
| Other, net | -338 | -3,924 | 3,613 | 3,894 |
| Net cash used for operating activities | 2,680 | 5,672 | -37,230 | 46,766 |
| Purchase of property, leasehold improvements and equipment | 558 | 476 | 499 | 586 |
| Proceeds from sales of property, leasehold improvements and equipment | 112 | 247 | 145 | 461 |
| Net cash received from business dispositions | -1,536 | 0 | 0 | 0 |
| Purchases | 8,748 | 20,569 | 32,532 | 60,852 |
| Proceeds from sales | 8,926 | 9,199 | 22,889 | 19,005 |
| Proceeds from paydowns and maturities | 0 | 1 | 0 | 12,809 |
| Purchases | 4,206 | 1,224 | 4,595 | 23,018 |
| Proceeds from paydowns and maturities | 4,514 | 7,866 | 4,572 | 15,549 |
| Purchases | 1,946 | 2,139 | 2,280 | 8,226 |
| Proceeds from sales, paydowns and maturities | 2,115 | 1,943 | 2,523 | 9,010 |
| Loans (excluding loans held for sale), net | 6,858 | 6,182 | 12,970 | 4,974 |
| Net cash used for investing activities | -5,113 | -11,334 | -22,747 | -7,115 |
| Unsecured short-term borrowings, net | 684 | -995 | -2,932 | 3,329 |
| Other secured financings (short-term), net | -1,654 | 3,205 | 3,821 | -6,075 |
| Proceeds from issuance of other secured financings (long-term) | 2,551 | 746 | 460 | 292 |
| Repayment of other secured financings (long-term), including the current portion | 1,338 | 675 | 600 | 444 |
| Proceeds from issuance of unsecured long-term borrowings | 10,293 | 22,473 | 28,594 | 17,787 |
| Repayment of unsecured long-term borrowings, including the current portion | 14,030 | 19,657 | 16,540 | 14,880 |
| Derivative contracts with a financing element, net | -243 | 272 | -906 | -651 |
| Deposits, net | 24,588 | -9,088 | 36,332 | -9,258 |
| Preferred stock redemption | 0 | 0 | - | 1,500 |
| Common stock repurchased | 2,000 | 3,000 | 4,360 | 2,000 |
| Settlement of share-based awards in satisfaction of withholding tax requirements | 10 | 295 | 1,851 | 0 |
| Dividends and dividend equivalents paid on common stock, preferred stock and share-based awards | 1,476 | 1,223 | 1,115 | 1,153 |
| Proceeds from issuance of preferred stock, net of issuance costs | 0 | 0 | 1,895 | 0 |
| Other financing, net | -10 | -61 | -6 | -58 |
| Net cash provided by financing activities | 19,781 | -13,262 | 42,826 | -7,817 |
| Effect of exchange rate changes on cash and cash equivalents | -738 | 4,483 | 2,467 | -4,431 |
| Net decrease in cash and cash equivalents | 16,610 | -14,441 | -14,684 | 27,403 |
| Cash and cash equivalents at beginning of period | 152,967 | 167,408 | 182,092 | 154,689 |
| Cash and cash equivalents at end of period | 169,577 | 152,967 | 167,408 | 182,092 |
GOLDMAN SACHS GROUP INC (GSCE)
GOLDMAN SACHS GROUP INC (GSCE)