Welcome to our dedicated page for Goldman Sachs Group SEC filings (Ticker: GS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Goldman Sachs Group, Inc. (NYSE: GS) files a wide range of documents with the U.S. Securities and Exchange Commission that provide detailed insight into its operations across Global Banking & Markets, Asset & Wealth Management and Platform Solutions. On this SEC filings page, you can review Forms 10-K and 10-Q for comprehensive annual and quarterly financial statements, along with segment operating results that break out net revenues, provision for credit losses, operating expenses and pre-tax earnings by business segment.
Goldman Sachs also uses Form 8-K to report material events and updates. Recent 8-K filings cover quarterly and annual earnings releases, changes to business segment presentation, information about the Apple Card program and its planned transition to a new issuer, and details of specific debt offerings under the firm’s shelf registration statement. Other 8-Ks describe the issuance of floating rate and fixed/floating rate notes with various maturities, along with related legal opinions and consents.
Investors can also use SEC filings to track the firm’s capital structure, including common stock, preferred stock depositary shares and listed medium-term notes, all registered under Section 12(b) of the Exchange Act. Segment disclosures explain how activities such as advisory and underwriting, FICC and Equities intermediation and financing, asset and wealth management services, investments, and Platform Solutions consumer activities contribute to overall results.
Stock Titan enhances access to these filings by providing real-time updates from EDGAR and AI-powered summaries that highlight key points from lengthy documents. This can help readers quickly understand how new 10-K, 10-Q and 8-K filings affect Goldman Sachs’ business mix, segment performance, credit costs, funding activities and strategic initiatives, without having to parse every line of the original SEC reports.
Goldman Sachs is offering securities linked to the S&P 500® Futures Volatility Plus Daily Risk Control Index, which provides 100% to 200% leveraged exposure to the S&P 500® Futures Excess Return Index based on a dynamic volatility target. The index tracks E-mini S&P 500 futures and has a base value of 100 from February 4, 1998, with live calculation beginning April 25, 2022.
Published data combine hypothetical back-tested levels before launch and historical levels afterward, and the materials repeatedly warn this should not be seen as a guide to future performance. For the period ended November 3, 2025, the index shows annualized returns of 17.97% over 1 year and 26.81% over 3 years, with annualized volatility up to 30.50% since January 2, 2020. Exposure to the futures index was 185.02% on November 3, 2025.
Key risks include leveraged exposure, the possibility of larger losses than the underlying indices, reliance on Goldman Sachs Finance Corp. and The Goldman Sachs Group, Inc. credit, lack of dividends or shareholder rights, and the fact that the “risk control” design may not prevent significant declines or guarantee the volatility target.
Goldman Sachs’ GS Finance Corp. has issued an index supplement describing structured securities linked to the Nasdaq-100 Technology Sector Index (NDXT), an equal-weighted, price return index of technology companies drawn from the Nasdaq-100 Index®. The index is sponsored, calculated and maintained by Nasdaq, Inc. and has been in existence since February 22, 2006 with a base value of 1000.
The supplement highlights that, through November 3, 2025, the index showed annualized returns of 28.86% over 1 year, 34.93% over 3 years, 15.40% over 5 years and 15.98% since January 2, 2020, alongside relatively high annualized volatility of around 27%–32%. Comparative data show how these returns stack up against the broader Nasdaq-100 Index® and the S&P 500® Index, while repeatedly stressing that past performance does not predict future results.
The document also outlines key risks of investing in securities linked to the index, including credit risk to GS Finance Corp. and The Goldman Sachs Group, Inc., potentially lower estimated value versus original issue price, lack of dividends and shareholder rights, concentration in the technology sector, exposure to foreign markets, and the possibility that Nasdaq’s index policies and discretionary decisions may adversely affect index levels and the value of the securities.
Goldman Sachs (GS) has issued an index supplement describing the S&P 500® Daily Risk Control 5% USD Excess Return Index, which underlies certain GS Finance Corp. medium-term notes and warrants. This index measures the return of a leveraged or de‑leveraged exposure to the S&P 500® Total Return Index, after deducting a borrowing rate of SOFR + 0.02963%.
The related Risk Control index adjusts its exposure to the S&P 500® Total Return Index to target 5% volatility, with exposure that can be above or below 100%, creating a hypothetical cash position that also earns or pays SOFR + 0.02963%. Annualized returns for the Excess Return index to November 3, 2025 were 2.21% over 1 year, 4.63% over 3 years, 3.74% over 5 years and 2.90% since January 2, 2020, with volatility around 5%. The supplement highlights numerous risks, including issuer and guarantor credit risk, borrowing costs, limitations of the risk-control methodology, and the recent switch from overnight USD LIBOR to SOFR.
Goldman Sachs (GS) is offering securities linked to the S&P 500® Volatility Plus Daily Risk Control Index, which provides 100% to 200% leveraged exposure to the S&P 500® Index based on a dynamic volatility target. The index, launched on March 21, 2022 with history back to December 31, 1991, targets realized volatility equal to the S&P 500’s realized volatility plus 10%.
Using a mix of hypothetical and historical data to November 3, 2025, the index shows annualized returns of 26.06% over 1 year, 36.09% over 3 years, and 19.28% since January 2, 2020, with annualized volatility between roughly 25% and 31%. Over the same periods, the S&P 500® Index had lower annualized returns.
As of November 3, 2025, index exposure to the S&P 500® was 184.42%, underscoring leverage risk. Investors face the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc., no dividend entitlement or shareholder rights, and the possibility of larger losses than a direct S&P 500® investment, despite the “risk control” label. The securities are not bank deposits, are not FDIC insured, and have not been approved or disapproved by the SEC.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering zero-coupon callable notes linked to the Nasdaq-100 Index® with a stated maturity expected to be December 23, 2030. The notes pay no interest and return depend on index performance or early redemption.
Starting in December 2026 and through November 2030, the issuer may redeem the notes at 100% of face amount plus a call premium, with indicative premiums beginning at least 7.2% and stepping up to at least 35.4% on later call dates. If the notes are not redeemed and the final index level is above the initial level, investors receive $1,000 plus 100% of the index gain; if the index is flat or lower, they receive $1,000 per $1,000 face amount.
The estimated value at pricing is expected to be between $885 and $935 per $1,000 face amount, reflecting structuring costs and dealer compensation. Investors face the credit risk of both GS Finance Corp. and The Goldman Sachs Group, Inc., potential secondary-market discounts, complex U.S. tax treatment as contingent payment debt instruments, and exposure to volatility and regulatory risks affecting the Nasdaq-100 Index® and its foreign components.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering index-linked notes maturing on December 1, 2027, tied to the Nasdaq-100 Index®, Russell 2000® Index and S&P 500® Index. The notes pay no interest and the amount you receive at maturity depends on the worst-performing index.
For each $1,000 note, if every index is at or above its initial level on the determination date, you receive a capped maximum of $1,169. If any index is below its initial level but at or above 70% of that level, you receive your $1,000 principal back. If any index finishes below 70% of its initial level, your repayment is reduced 1% for each 1% drop below the 70% buffer, so you can lose a substantial portion of principal.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and the guarantor. They do not provide dividends or shareholder rights in the underlying stocks, may have limited liquidity, and involve complex U.S. tax treatment described as a pre-paid derivative contract.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable notes due 2032 linked to the Goldman Sachs Momentum Builder® Focus ER Index. The notes can be automatically called on annual observation dates if the index is at or above rising call levels, paying for each $1,000 face amount $1,000 plus a call premium of at least 9.25% to 55.50% depending on the year.
If the notes are never called, investors receive at maturity $1,000 plus 100% of any positive index return; if the final index level is at or below the initial level, they receive only $1,000, so downside is limited to lost opportunity but there is no periodic interest.
The index rebalances daily across up to 10 futures- and cash-based exposures with a 5% volatility control, a momentum risk control feature and an annual deduction of 0.65% on an excess-return basis over the federal funds rate, so large allocations to cash positions can materially reduce index performance. The issuer’s estimated value is $850 to $890 per $1,000 face amount, below the issue price, and the notes are unsecured obligations subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. For U.S. tax purposes they are treated as contingent payment debt instruments, requiring taxable accrual of ordinary income over the term.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable notes linked to the S&P 500® Index under its Medium-Term Notes, Series F program. The notes do not pay interest and may be automatically called in December 2027 if the index level is at or above the initial level, in which case investors receive at least $1,081 per $1,000 face amount.
If the notes are not called, at maturity in December 2028 investors receive $1,000 plus any gain based on index performance with a 110% upside participation rate, or $1,000 if the index is flat or lower. The estimated value determined by Goldman’s pricing models will be less than the original issue price, and secondary market prices may be further reduced by dealer spreads and commissions. Repayment depends on the credit of GS Finance Corp. and its parent, and the notes are unsecured, not bank deposits, and not FDIC insured. The notes are treated as contingent payment debt instruments for U.S. tax purposes, which can require taxable income each year even without interim cash payments.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering equity-linked notes whose payoff depends on Microsoft Corporation common stock. The notes pay no interest and are scheduled to mature on June 7, 2027.
At maturity, for each $1,000 note, investors receive cash based on Microsoft’s price change from the initial level on the expected December 2, 2025 trade date to the final level on the expected June 2, 2027 determination date. If Microsoft’s return is positive or zero, the note’s gain matches that return but is capped at a maximum upside settlement amount of $1,102, corresponding to a cap price of 110.2% of the initial stock price.
If the stock is down but not by more than 20%, investors receive the absolute value of that loss as a positive return (for example, a -10% stock move gives a +10% note return). If Microsoft falls by more than 20%, principal is reduced dollar-for-dollar beyond that 20% buffer, and investors can lose a substantial portion of their investment. The estimated initial value is disclosed as $925–$955 per $1,000, below the issue price, and payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc.
GS Finance Corp. is offering $12,000,000 of contingent income buffered auto-callable securities linked to the iShares Bitcoin Trust ETF (IBIT), fully guaranteed by The Goldman Sachs Group, Inc. These unsecured notes pay no regular interest. Instead, for each $1,000, investors may receive contingent monthly coupons calculated as $15.625 per elapsed observation date, but only when the ETF closes on that date at or above the buffer price, set at 70.00% of the $50.73 initial ETF price.
The notes can be automatically called on monthly call observation dates if the ETF closes at or above the initial price, returning $1,000 per security plus the coupon then due, with no further payments. If not called, and at maturity the ETF is at or above the buffer price, investors receive $1,000 plus the final coupon; if below the buffer, they lose about 1.4286% of principal for each 1% decline beyond the 30.00% buffer and receive no final coupon, potentially losing their entire investment. The securities are not listed, carry GS and Goldman Sachs Group credit risk, have an estimated value of approximately $976 per $1,000 at pricing, and are exposed to the high volatility and regulatory and structural risks of bitcoin through the ETF.