Net Change in Cash
OtherGoldman Sachs Group Net Change in Cash decreased by 132.0% to -$5.32B in Q4 2025 compared to the prior quarter. Over 2 years (FY 2021 to FY 2025), Net Change in Cash shows a downward trend with a -58.8% CAGR.
Analysis
How to read this metric
An increase suggests the company is accumulating liquidity, while a decrease indicates it spent more on operations, investments, or debt/shareholder returns than it brought in. For mature tech firms, a decrease often signals aggressive capital expenditure or heavy share repurchases rather than operational weakness.
Detailed definition
The total change in a company's cash, cash equivalents, and restricted cash over a specific reporting period. It is the...
Peer comparison
At large-cap technology peers, this figure is often highly influenced by the timing of multi-billion dollar acquisitions, the scale of data center infrastructure investment, and the pace of share buyback programs.
cf_net_change_in_cashHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $49.13B | -$28.46B | $49.21B | $13.13B | $14.44B | -$4.36B | -$42.43B | -$12.50B | $41.60B | -$31.05B | -$32.19B | -$3.06B | -$51.64B | -$14.68B | -$14.44B | $16.61B | -$5.32B |
| QoQ Change | — | -157.9% | +272.9% | -73.3% | +10.0% | -130.2% | -874.2% | +70.5% | +432.9% | -174.6% | -3.7% | +90.5% | <-999% | +71.6% | +1.7% | +215.0% | -132.0% |
| YoY Change | — | — | — | — | -70.6% | +84.7% | -186.2% | -195.2% | +188.1% | -613.0% | -157.6% | -107.4% | -66.3% | +54.4% | -372.1% | +132.2% | — |
Net Change in Cash at Other Companies
Frequently Asked Questions
- What is Goldman Sachs Group's net change in cash?
- Goldman Sachs Group (GS) reported net change in cash of -$5.32B in Q4 2025.
- What is the long-term trend for Goldman Sachs Group's net change in cash?
- Over 2 years (2021 to 2025), Goldman Sachs Group's net change in cash has grown at a -58.8% compound annual growth rate (CAGR), from $105.19B to -$17.83B.
- What does net change in cash mean?
- The total amount of money a company gained or lost across all its activities during the year.