Trading liabilities
Current LiabilitiesGoldman Sachs Group Trading liabilities increased by 0.3% to $262.55B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 29.6%, from $202.56B to $262.55B. Over 5 years (FY 2020 to FY 2025), Trading liabilities shows an upward trend with a 11.3% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2014
Last reportedQ4 2025
How to read this metric
Fluctuations reflect the bank's trading strategy and market volatility rather than fundamental operational health.
Detailed definition
This represents the fair value of short positions and other trading obligations held by the bank's market-making and tra...
Peer comparison
Commonly reported by investment banks and universal banks with significant trading operations.
Metric ID:
fin_trading_liabilitiesHistorical 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 | $4.38B | $4.35B | $181.42B | $233.22B | $255.29B | $231.71B | $191.32B | $194.13B | $194.33B | $195.12B | $200.36B | $201.14B | $199.66B | $215.19B | $202.56B | $233.19B | $253.19B | $261.83B | $262.55B |
| QoQ Change | — | -0.6% | >999% | +28.5% | +9.5% | -9.2% | -17.4% | +1.5% | +0.1% | +0.4% | +2.7% | +0.4% | -0.7% | +7.8% | -5.9% | +15.1% | +8.6% | +3.4% | +0.3% |
| YoY Change | — | — | — | — | >999% | >999% | +5.5% | -16.8% | -23.9% | -15.8% | +4.7% | +3.6% | +2.7% | +10.3% | +1.1% | +15.9% | +26.8% | +21.7% | +29.6% |
Range$4.35B – $262.55B
CAGR+148.4%
Avg YoY Growth+734.6%
Median YoY Growth+5.5%
Current Streak4 quarters growth
Trading liabilities at Other Companies
Frequently Asked Questions
- What is Goldman Sachs Group's trading liabilities?
- Goldman Sachs Group (GS) reported trading liabilities of $262.55B in Q4 2025.
- How has Goldman Sachs Group's trading liabilities changed year-over-year?
- Goldman Sachs Group's trading liabilities increased by 29.6% year-over-year, from $202.56B to $262.55B.
- What is the long-term trend for Goldman Sachs Group's trading liabilities?
- Over 5 years (2020 to 2025), Goldman Sachs Group's trading liabilities has grown at a 11.3% compound annual growth rate (CAGR), from $153.73B to $262.55B.
- What does trading liabilities mean?
- Obligations arising from short-selling and other trading activities at current market prices.