Cash & Equivalents
Current AssetsGoldman Sachs Group Cash & Equivalents decreased by 3.1% to $164.26B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 9.8%, from $182.09B to $164.26B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows relatively stable performance with a 1.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved liquidity and the ability to fund operations or acquisitions without debt; a decrease may indicate heavy capital expenditure or shareholder returns.
Detailed definition
Represents the most liquid assets on the balance sheet, including physical currency and short-term instruments with matu...
Peer comparison
Peer tech giants like Alphabet or Apple maintain massive cash reserves to navigate market volatility and fund R&D.
cash_and_equivalentsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $17.34B | $10.23B | $261.04B | $274.16B | $288.61B | $284.25B | $241.83B | $229.33B | $270.93B | $239.88B | $241.58B | $209.39B | $206.33B | $154.69B | $182.09B | $167.41B | $152.97B | $169.58B | $164.26B |
| QoQ Change | — | -41.0% | >999% | +5.0% | +5.3% | -1.5% | -14.9% | -5.2% | +18.1% | -11.5% | +0.7% | -13.3% | -1.5% | -25.0% | +17.7% | -8.1% | -8.6% | +10.9% | -3.1% |
| YoY Change | — | — | — | — | >999% | >999% | -7.4% | -16.4% | -6.1% | -15.6% | -0.1% | -8.7% | -23.8% | -35.5% | -24.6% | -20.0% | -25.9% | +9.6% | -9.8% |
Cash & Equivalents at Other Companies
Frequently Asked Questions
- What is Goldman Sachs Group's cash & equivalents?
- Goldman Sachs Group (GS) reported cash & equivalents of $164.26B in Q4 2025.
- How has Goldman Sachs Group's cash & equivalents changed year-over-year?
- Goldman Sachs Group's cash & equivalents decreased by 9.8% year-over-year, from $182.09B to $164.26B.
- What is the long-term trend for Goldman Sachs Group's cash & equivalents?
- Over 5 years (2020 to 2025), Goldman Sachs Group's cash & equivalents has grown at a 1.1% compound annual growth rate (CAGR), from $155.84B to $164.26B.
- What does cash & equivalents mean?
- Money in the bank and investments that can be turned into cash almost instantly.