Goldman Sachs Group Transaction based revenue increased by 13.0% to $2.22B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 18.8%, from $1.87B to $2.22B. Over 4 years (FY 2021 to FY 2025), Transaction based revenue shows an upward trend with a 14.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Higher revenue indicates strong client engagement and robust market activity, whereas lower revenue suggests a slowdown in capital markets or reduced deal flow.
This represents revenue generated from fees earned by facilitating client transactions, including brokerage commissions,...
Commonly reported by investment banks and brokerage firms as a core component of non-interest income.
is_gs_transaction_based_revenue| 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 | $1.13B | $1.14B | $1.19B | $1.24B | $1.32B | $1.32B | $1.43B | $1.41B | $1.39B | $1.45B | $1.46B | $1.50B | $1.65B | $1.70B | $1.87B | $1.85B | $1.96B | $1.97B | $2.22B |
| QoQ Change | — | +1.2% | +4.5% | +4.5% | +5.9% | +0.0% | +8.9% | -2.0% | -1.4% | +4.8% | +0.3% | +2.8% | +10.5% | +2.8% | +10.1% | -1.2% | +5.7% | +0.7% | +13.0% |
| YoY Change | — | — | — | — | +17.1% | +15.6% | +20.5% | +12.9% | +5.2% | +10.3% | +1.5% | +6.5% | +19.4% | +17.1% | +28.6% | +23.6% | +18.2% | +15.7% | +18.8% |
We use cookies for analytics. See our Privacy and Cookie Policy.