Operating
Stock-Based Comp
Goldman Sachs Group Stock-Based Comp increased by 8.9% to $258.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 148.1%, from $104.00M to $258.00M. Over 4 years (FY 2021 to FY 2025), Stock-Based Comp shows an upward trend with a 10.1% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
An increase may signal a strategy to preserve cash or align employee interests with shareholders, but it also results in share dilution.
Detailed definition
Stock-based compensation is a non-cash expense where employees and executives are rewarded with equity or stock options...
Peer comparison
High-growth technology firms often have higher stock-based compensation as a percentage of revenue compared to mature industrial firms.
Metric ID:
cf_stock_based_compensationHistorical Data
19 periods
| 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 | $202.00M | $180.00M | $207.00M | $3.13B | $383.00M | $300.00M | $272.00M | $1.54B | $239.00M | $228.00M | $77.00M | $1.84B | $595.00M | $120.00M | $104.00M | $2.42B | $533.00M | $237.00M | $258.00M |
| QoQ Change | — | -10.9% | +15.0% | >999% | -87.8% | -21.7% | -9.3% | +466.5% | -84.5% | -4.6% | -66.2% | >999% | -67.7% | -79.8% | -13.3% | >999% | -77.9% | -55.5% | +8.9% |
| YoY Change | — | — | — | — | +89.6% | +66.7% | +31.4% | -50.7% | -37.6% | -24.0% | -71.7% | +19.7% | +149.0% | -47.4% | +35.1% | +31.1% | -10.4% | +97.5% | +148.1% |
Range$77.00M – $3.13B
CAGR+5.6%
Avg YoY Growth+28.4%
Median YoY Growth+31.1%
Stock-Based Comp at Other Companies
Frequently Asked Questions
- What is Goldman Sachs Group's stock-based comp?
- Goldman Sachs Group (GS) reported stock-based comp of $258.00M in Q4 2025.
- How has Goldman Sachs Group's stock-based comp changed year-over-year?
- Goldman Sachs Group's stock-based comp increased by 148.1% year-over-year, from $104.00M to $258.00M.
- What is the long-term trend for Goldman Sachs Group's stock-based comp?
- Over 4 years (2021 to 2025), Goldman Sachs Group's stock-based comp has grown at a 10.1% compound annual growth rate (CAGR), from $2.35B to $3.45B.
- What does stock-based comp mean?
- The value of company shares given to employees as part of their pay.