Goldman Sachs Group, Inc. has reported its third-quarter earnings for 2025, showing a significant increase in net revenues. The company reported net revenues of $15.18 billion for the third quarter, which is 20% higher than the third quarter of 2024 and 4% higher than the second quarter of 2025.
In terms of earnings, the company reported net earnings of $4.10 billion for the third quarter of 2025, compared to $2.83 billion for the same period in 2024. Diluted earnings per common share (EPS) for the third quarter of 2025 was $12.25, significantly higher than the $8.40 reported for the third quarter of 2024 and $10.91 for the second quarter of 2025.
For the first nine months of 2025, net revenues were reported at $44.83 billion, with net earnings of $12.56 billion and EPS of $37.33.
The annualized return on average common shareholders’ equity (ROE) was 14.2% for the third quarter of 2025 and 14.6% for the first nine months of 2025. The book value per common share also saw an increase, rising by 1.2% during the third quarter of 2025 and by 5.1% during the first nine months of 2025 to reach $353.79.
In terms of the breakdown of net revenues, global banking and markets reported net revenues of $10.12 billion for the third quarter of 2025, showing an 18% increase from the third quarter of 2024. Asset and wealth management reported net revenues of $4.40 billion, a 17% increase from the third quarter of 2024. Platform solutions reported net revenues of $670 million, showing a significant 71% increase from the third quarter of 2024.
The company also declared a dividend of $4.00 per common share to be paid on December 30, 2025, and reported returning $3.25 billion of capital to common shareholders during the quarter, including $2.00 billion of common share repurchases and $1.25 billion of common stock dividends.
Today the company's shares have moved 2.93% to a price of $786.78. For the full picture, make sure to review GOLDMAN's 8-K report.
