The Goldman Sachs Group, Inc. Q3 2025 Earnings Recap

The Goldman Sachs Group, Inc. reported robust Q3 2025 results, achieving net revenues of $15.2 billion and demonstrating strong momentum in M&A activity, underscoring its leading market position.

Key Takeaways

• Achieved earnings per share of $12.25 and year-to-date ROE of 15.6%, reflecting strong operational performance.
• Advised on over $1 trillion in M&A volumes for 2025, significantly ahead of competitors.
• Assets under supervision reached a record $3.5 trillion, with private banking and lending raising $33 billion in Q3 alone.
• Announced strategic acquisition of Industry Ventures, enhancing capabilities in venture capital and alternative investments.
• Continuous revenue growth in FICC and equities, maintaining momentum for the seventh consecutive quarter.