Total Operating Expenses
Operating ExpensesGoldman Sachs Group Total Operating Expenses decreased by 2.6% to $8.32B in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 8.2%, from $9.05B to $8.32B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2007
Last reportedQ4 2025
How to read this metric
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
Detailed definition
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Peer comparison
Investors compare this to revenue to assess the 'operating leverage' of a business model.
Metric ID:
is_total_operating_expensesHistorical Data
12 periods
| Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.59B | $7.72B | $7.65B | $7.70B | $8.09B | $8.40B | $8.54B | $9.05B | $8.49B | $8.66B | $8.53B | $8.32B |
| QoQ Change | — | +17.1% | -0.8% | +0.7% | +5.0% | +3.8% | +1.7% | +6.0% | -6.3% | +2.0% | -1.4% | -2.6% |
| YoY Change | — | — | — | +16.9% | — | +8.9% | +11.6% | +17.5% | +4.9% | +3.0% | -0.1% | -8.2% |
Range$6.59B – $9.05B
CAGR+8.8%
Avg YoY Growth+6.8%
Median YoY Growth+6.9%
Current Streak2 quarters decline
Total Operating Expenses at Other Companies
Frequently Asked Questions
- What is Goldman Sachs Group's total operating expenses?
- Goldman Sachs Group (GS) reported total operating expenses of $8.32B in Q3 2024.
- How has Goldman Sachs Group's total operating expenses changed year-over-year?
- Goldman Sachs Group's total operating expenses decreased by 8.2% year-over-year, from $9.05B to $8.32B.
- What does total operating expenses mean?
- The total cost of running the day-to-day business, excluding the direct cost of making products.