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AI brief of an SEC Form 8-K · Goldman Sachs (GS)

Goldman Sachs Q4 EPS rises 17% to $14.01 as revenue falls 3% to $13.45 billion

Mixed Impact 3 of 5 earnings Written later

Goldman Sachs reported fourth-quarter 2025 diluted earnings per share of $14.01, up from $11.95 a year earlier, while net revenues fell 3% to $13.45 billion. For the full year, EPS was $51.32 versus $40.54 in 2024, and the board raised the quarterly dividend to $4.50 per share from $4.00. Results were shaped by Apple Card loan markdowns in Platform Solutions, which were more than offset by a $2.48 billion reserve reduction in provisions for credit losses.

Key points

  • Q4 2025 net earnings were $4.62 billion, and EPS was $14.01 versus $12.25 in Q3 2025 and $11.95 in Q4 2024
  • Platform Solutions net revenues were negative $1.68 billion in Q4 2025, reflecting $2.26 billion of markdowns tied to the Apple Card loan transfer
  • Full-year 2025 net revenues were $58.28 billion, up 9%, with Global Banking & Markets up 18%
  • Quarterly dividend increased to $4.50 per share, payable March 30, 2026, to holders of record on March 2, 2026

The filing

CompanyGoldman Sachs (GS)
Form8-K, current report
Filed with the SECJan 15, 2026, 7:42 AM ET
Accession number0000886982-26-000008

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 15, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.