Goldman Sachs S&P Enhncd (GSCE) Financials
Newest figures come from the 10-Q for Q3 FY2026, filed Nov 2, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GSCE SEC filings page.
Goldman Sachs S&P Enhncd (GSCE) reported $69.7B in revenue over the twelve months to Sep 30, 2026, up 18.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
GSCE’s reported scale is dominated by balance-sheet financing, so its statements describe a traded note more than a conventional operating business.
From FY2023 to FY2025, assets grew10.2% while liabilities grew10.5% . Equity grew only6.9% , indicating that expanding reported scale was funded mainly through liabilities rather than retained balance-sheet capital.
The FY2025 filing reports assets of
Reported net income rose from
Financial Health Signals
We do not publish a peer-relative financial health score for Goldman Sachs S&P Enhncd, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Goldman Sachs S&P Enhncd passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
For every $1 of reported earnings, Goldman Sachs S&P Enhncd used $2.63 of operating cash (-$45.2B OCF vs $17.2B net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.
Key Financial Metrics
Earnings & Revenue
Goldman Sachs S&P Enhncd generated $18.7B in revenue in Q3 2026. This represents an increase of 23.0% from the same quarter a year earlier. Against the prior quarter it is down 8.2%.
Goldman Sachs S&P Enhncd reported $5.3B in net income in Q3 2026. This represents an increase of 29.2% from the same quarter a year earlier. Against the prior quarter it is down 20.1%.
Goldman Sachs S&P Enhncd earned $17.01 per diluted share (EPS) in Q3 2026. This represents an increase of 38.9% from the same quarter a year earlier. Against the prior quarter it is down 18.9%.
Not reported for Q3 2026.
Cash & Balance Sheet
Goldman Sachs S&P Enhncd generated $3.7B in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 72.3% from the same quarter a year earlier. Against the prior quarter it is down 34.7%.
Goldman Sachs S&P Enhncd held $176.8B in cash as of Q3 2026; no long-term debt figure is on record for that period.
Goldman Sachs S&P Enhncd paid $5.00 per share in dividends in Q3 2026. This represents an increase of 25.0% from the same quarter a year earlier. Against the prior quarter it is up 11.1%.
Margins & Returns
Goldman Sachs S&P Enhncd's net profit margin was 28.3% in Q3 2026, showing the share of revenue converted to profit. This is up 1.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 4.3 percentage points.
Goldman Sachs S&P Enhncd's quarterly ROE was 4.2% in Q3 2026: one quarter's net income over shareholder equity, not annualized. This is up 1.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.2 percentage points.
Not reported for Q3 2026.
Not reported for Q3 2026.
Capital Allocation
Goldman Sachs S&P Enhncd spent $3.0B on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 50.0% from the same quarter a year earlier. Against the prior quarter it is down 25.0%.
Goldman Sachs S&P Enhncd invested $525.0M in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 5.9% from the same quarter a year earlier. Against the prior quarter it is up 4.6%.
Not reported for Q3 2026.
GSCE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.7B+23.0% | $20.3B+39.5% | $17.2B+14.4% | $13.5B-3.0% | $15.2B+19.6% | $14.6B+14.5% | $15.1B+6.0% | $13.9B+22.5% |
| Interest Expense | $19.0B+12.1% | $18.1B+8.4% | $17.1B+3.6% | $16.7B-5.3% | $17.0B-11.2% | $16.7B-9.6% | $16.5B-9.3% | $17.6B+2.7% |
| Income Tax | $1.7B+32.1% | $1.9B+56.7% | $856.0M-5.8% | $1.2B+8.0% | $1.3B+29.8% | $1.2B+41.5% | $909.0M-17.7% | $1.1B+365.9% |
| Net Income | $5.3B+29.2% | $6.6B+78.0% | $5.6B+18.8% | $4.6B+12.3% | $4.1B+37.1% | $3.7B+22.3% | $4.7B+14.7% | $4.1B+104.7% |
| EPS (Basic) | N/A | N/A | $17.74+24.5% | $14.20+17.5% | $12.42+45.8% | $11.03+26.3% | $14.25+22.1% | $12.09+118.6% |
| EPS (Diluted) | $17.01+38.9% | $20.98+92.3% | $17.55+24.3% | $13.99+17.6% | $12.25+45.8% | $10.91+26.6% | $14.12+21.9% | $11.90+117.2% |
| Diluted Shares (Avg) | 301M-4.4% | 305M-4.2% | 308M-5.1% | N/A | 315M-4.8% | 318M-5.1% | 325M-4.4% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.
GSCE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.2T+20.6% | $2.1T+19.2% | $2.1T+16.6% | $1.8T+8.0% | $1.8T+4.6% | $1.8T+8.0% | $1.8T+4.0% | $1.7T+2.1% |
| Cash & Equivalents | $176.8B+4.2% | $187.3B+22.4% | $179.5B+7.2% | $164.3B-9.8% | $169.6B+9.6% | $153.0B-25.9% | $167.4B-20.0% | $182.1B-24.6% |
| Goodwill | $7.3B+23.3% | $7.3B+23.4% | $6.6B+12.0% | $5.9B+1.6% | $6.0B+0.7% | $6.0B+1.0% | $5.9B-0.2% | $5.9B-1.1% |
| Total Liabilities | $2.1T+22.1% | $2.0T+20.7% | $1.9T+18.0% | $1.7T+8.4% | $1.7T+4.8% | $1.7T+8.3% | $1.6T+3.9% | $1.6T+1.9% |
| Total Equity | $124.9B+0.4% | $122.7B-1.1% | $122.8B-1.2% | $125.0B+2.4% | $124.4B+2.6% | $124.1B+3.9% | $124.3B+4.9% | $122.0B+4.4% |
| Retained Earnings | $178.0B+9.8% | $174.4B+9.3% | $169.3B+7.8% | $165.3B+7.7% | $162.1B+7.8% | $159.5B+7.3% | $157.0B+7.0% | $153.4B+6.8% |
Not reported in any period shown, so not listed: Current Assets, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
GSCE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.2B+56.0% | $6.1B+7.6% | -$31.9Bn/m | -$16.3B-134.8% | $2.7Bn/m | $5.7B-7.3% | -$37.2Bn/m | $46.8Bn/m |
| Depreciation & Amortization | $537.0M+1.1% | $509.0M-17.6% | $495.0M-2.2% | $527.0M+5.8% | $531.0M-14.5% | $618.0M-4.3% | $506.0M-19.3% | $498.0M-36.2% |
| Stock-Based Compensation | N/A | N/A | $2.5B+4.7% | N/A | N/A | N/A | $2.4B+31.1% | N/A |
| Capital Expenditures | $525.0M-5.9% | $502.0M+5.5% | $565.0M+13.2% | $531.0M-9.4% | $558.0M+19.7% | $476.0M-12.2% | $499.0M+0.4% | $586.0M+7.3% |
| Free Cash Flow | $3.7B+72.3% | $5.6B+7.8% | -$32.4Bn/m | -$16.8B-136.4% | $2.1Bn/m | $5.2B-6.8% | -$37.7Bn/m | $46.2Bn/m |
| Investing Cash Flow | -$38.2Bn/m | -$28.6Bn/m | -$56.3Bn/m | -$5.0Bn/m | -$5.1Bn/m | -$11.3Bn/m | -$22.7Bn/m | -$7.1Bn/m |
| Financing Cash Flow | $22.8B+15.4% | $30.9Bn/m | $104.3B+143.5% | $16.8Bn/m | $19.8B+91.3% | -$13.3Bn/m | $42.8B+497.2% | -$7.8B-127.9% |
| Dividends Paid | $1.7B+12.0% | $1.6B+31.1% | $1.6B+42.4% | $1.5B+26.9% | $1.5B+26.3% | $1.2B+16.3% | $1.1B-0.7% | $1.2B+8.3% |
| Share Buybacks | $3.0B+50.0% | $4.0B+33.3% | $5.0B+14.7% | $3.0B+50.0% | $2.0B+100.0% | $3.0B-14.3% | $4.4B+190.7% | $2.0B+100.0% |
GSCE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 28.3%+1.4pp | 32.6%+7.1pp | 32.7%+1.2pp | 34.3%+4.7pp | 27.0%+3.4pp | 25.5%+1.6pp | 31.5%+2.4pp | 29.6%+11.9pp |
| Return on Equity | 4.2%+1.0pp | 5.4%+2.4pp | 4.6%+0.8pp | 3.7%+0.3pp | 3.3%+0.8pp | 3.0%+0.5pp | 3.8%+0.3pp | 3.4%+1.7pp |
| Return on Assets | 0.2%0.0pp | 0.3%+0.1pp | 0.3%0.0pp | 0.3%0.0pp | 0.2%+0.1pp | 0.2%0.0pp | 0.3%0.0pp | 0.3%+0.1pp |
| Liabilities-to-Equity | 16.45+2.9x | 16.33+3.0x | 15.78+2.6x | 13.48+0.7x | 13.53+0.3x | 13.38+0.5x | 13.21-0.1x | 12.74-0.3x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 19.6%+5.6pp | 27.6%-8.1pp | -188.3% | -124.9% | 14.0% | 35.6%-8.2pp | -250.5% | 333.0% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Where Goldman Sachs S&P Enhncd Ranks
Frequently Asked Questions
Goldman Sachs S&P Enhncd (GSCE) reported $58.3B in total revenue for fiscal year 2025. This represents a 8.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Goldman Sachs S&P Enhncd (GSCE) revenue grew by 8.9% year-over-year, from $53.5B to $58.3B in fiscal year 2025.
Yes, Goldman Sachs S&P Enhncd (GSCE) reported a net income of $22.2B over the trailing 12 months to September 30, 2026. In fiscal year 2025 it reported a net income of $17.2B, with a net profit margin of 29.5%.
Goldman Sachs S&P Enhncd (GSCE) had a net profit margin of 29.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Goldman Sachs S&P Enhncd (GSCE) paid $14.00 per share in dividends during fiscal year 2025.
Goldman Sachs S&P Enhncd (GSCE) has a return on equity of 13.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Goldman Sachs S&P Enhncd (GSCE) recorded an outflow of $47.2B in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Goldman Sachs S&P Enhncd (GSCE) recorded an outflow of $45.2B in operating cash flow during fiscal year 2025, representing cash used by core business activities.
Goldman Sachs S&P Enhncd (GSCE) had $1.8T in total assets as of fiscal year 2025, including both current and long-term assets.
Goldman Sachs S&P Enhncd (GSCE) invested $2.1B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Goldman Sachs S&P Enhncd (GSCE) had a liabilities-to-equity ratio of 13.48 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2025, because the filing data we hold for that year carries no long-term debt figure.
Goldman Sachs S&P Enhncd (GSCE) had a return on assets of 0.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Goldman Sachs S&P Enhncd (GSCE) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
For every $1 of reported earnings, Goldman Sachs S&P Enhncd (GSCE) used $2.63 of operating cash (-$45.2B OCF vs $17.2B net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.