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.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $9,338,000 of unsecured notes linked to UnitedHealth Group common stock. The notes pay no interest, may be automatically called on December 4, 2026 if UNH’s closing price is at or above the initial index stock price of $319.97, and would then pay $1,219 per $1,000 face amount on December 9, 2026.
If not called, the November 26, 2027 maturity payment depends on UNH’s price on November 22, 2027. If the final price is at or above the initial price, holders receive the greater of $1,438 or $1,000 plus 100% of the stock’s positive return. Losses begin if UNH falls more than 15%; below that buffer, investors lose about 1.1765% of principal for each additional 1% drop and could lose their entire investment. The estimated value on the trade date is about $972 per $1,000 versus a 100% issue price, reflecting underwriting (1.5%) and structuring costs.
Goldman Sachs, via GS Finance Corp., is issuing $37.8 million of Contingent Income Auto-Callable Securities linked to NVIDIA (NVDA), maturing on November 27, 2028. Each note has a $1,000 principal amount and offers a contingent quarterly coupon based on NVDA’s stock performance. On each observation date, if NVDA’s closing price is at or above the downside threshold of $89.44 (50% of the $178.88 initial share price), investors receive a coupon calculated using $27.50 per elapsed observation date, net of prior coupons.
The notes are auto-callable: if NVDA is at or above the initial share price on any call observation date, investors receive $1,000 plus the coupon then due, and the note terminates early. If held to maturity and NVDA is at or above the threshold, investors get $1,000 plus the final coupon. If NVDA finishes below the threshold, repayment is reduced one-for-one with NVDA’s decline, potentially to $0. Investors do not participate in any upside above par and face both issuer/guarantor credit risk and principal-at-risk market exposure. The estimated value is about $964 per $1,000 note, reflecting fees and structuring costs.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $780,000 of S&P 500® Daily Risk Control 5% USD Excess Return Index-linked notes due November 27, 2028. The notes pay no interest and return depends entirely on index performance between the trade date and determination date.
For each $1,000 face amount, if the final index level is at or above the initial level of 176.53, investors receive $1,000 plus 108% of the index gain. If the index is below its initial level, investors receive $1,000 plus the absolute index loss, capped at a maximum downside settlement amount of $2,000 per $1,000. The index embeds borrowing costs at SOFR plus 0.02963% and targets 5% volatility, which can cause it to lag the S&P 500® Total Return Index.
The notes are unsecured obligations of GS Finance Corp., fully guaranteed by The Goldman Sachs Group, Inc. The estimated value at pricing is approximately $956 per $1,000, reflecting structuring and distribution costs, and secondary market prices may be lower. The notes are treated as contingent payment debt instruments for U.S. tax purposes, requiring annual accrual of taxable income before maturity.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering S&P 500®-linked Medium-Term Notes, Series F, with an aggregate face amount of $556,000.
At maturity on August 24, 2028, investors receive for each $1,000 note either (i) $1,000 plus the S&P 500 return, capped at a maximum settlement amount of $1,144, if the index finishes above its initial level of 6,602.99, or (ii) $1,000 if the index is at or below that level. The notes do not pay periodic interest and offer full principal repayment only at maturity if held to that date.
The product embeds issuer and guarantor credit risk, limited upside relative to direct equity exposure, potential price volatility before maturity, and is treated as a contingent payment debt instrument for U.S. tax purposes, with a disclosed comparable yield of 4.1217% per annum.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $3,505,000 of callable notes linked to the S&P 500 Index. The notes pay no interest and mature on November 26, 2031, unless redeemed earlier at the issuer’s option on monthly call payment dates from November 2026 to October 2031, with call premiums rising from 6.6% up to 39.05% of face amount.
At maturity, if not called, holders receive for each $1,000 the greater of $1,000 or $1,000 plus 100% of any positive S&P 500 return from the initial level of 6,602.99; if the index is flat or down, repayment is $1,000. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its guarantor. The issue price is 100% of face, with a 4.125% underwriting discount and an estimated value of about $927 per $1,000. For U.S. tax purposes they are treated as contingent payment debt instruments, using a 4.5% comparable yield and a projected maturity payment of $1,311.02 per $1,000.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing $728,000 of Absolute Return Trigger Notes due November 30, 2027 linked to the S&P 500® Index. The notes do not pay interest. Instead, the cash you receive at maturity depends on index performance between the trade date and the determination date.
If, on any trading day in that period, the index closes below 79% or above 121% of the initial level of 6,538.76, a barrier event occurs and you receive a fixed $1,020 per $1,000 face amount at maturity, a 2% gain, regardless of the final index level. If no barrier event occurs, you receive $1,000 plus the absolute index return, capped between 0% and 21%, so the most you can receive is $1,210 per $1,000.
The original issue price is 100% of face, with a 2.27% underwriting discount and 97.73% net proceeds to the issuer. Goldman estimates the initial fair value at about $953 per $1,000, reflecting structuring and distribution costs. Investors face the credit risk of GS Finance Corp. and its parent, potential illiquidity in any secondary market, limited upside and complex U.S. tax treatment as a contingent payment debt instrument.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is issuing ETF-linked notes under its Medium-Term Notes, Series F program with an aggregate face amount of $1,315,000. The notes mature on November 26, 2027 and are tied to the Energy Select Sector SPDR Fund (XLE) and the Pacer US Cash Cows 100 ETF (COWZ).
Holders may receive a monthly coupon of $6 per $1,000 in face amount (0.6% monthly, up to 7.2% per year) if on each observation date both ETFs are at or above 80% of their initial levels ($89.42 for XLE and $58.05 for COWZ). If either ETF is below 80% on an observation date, no coupon is paid for that month.
If the notes are not redeemed early and held to maturity, principal repayment depends on the worst-performing ETF. Full principal is repaid if each ETF is at or above 70% of its initial level; below that, repayment is reduced in line with the decline of the weaker ETF, and all principal can be lost. Goldman Sachs may redeem the notes at par plus any due coupon on monthly payment dates from May 2026 through October 2027. The original issue price is 100% of face amount, with a 3% underwriting discount and 97% net proceeds to the issuer. The estimated value at pricing is about $940 per $1,000, reflecting structuring costs and dealer compensation.
GS Finance Corp., guaranteed by The Goldman Sachs Group, is offering non-interest-bearing auto-callable notes linked to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The index uses up to 500% leverage, a 40% volatility target and a fixed 6.0% per annum decrement that is deducted daily, which can significantly reduce returns and magnify losses.
The notes may be automatically called quarterly from May 2026 if the index is at least 95% of the initial level of 439.49, paying back principal plus a call premium (starting at 12.5% and stepping up to 118.75% of face). If not called and at maturity in November 2030 the index is at least 95% of its initial level, holders receive a capped maximum of $2,250 per $1,000 face amount. If the index falls by up to 40%, holders receive principal; if it falls by more than 40%, repayment is reduced one-for-one with the index loss and all principal can be lost.
The aggregate face amount is $1,801,000, issued at 100% of face with net proceeds of 99.2% after a 0.8% underwriting discount. The estimated value on the trade date is approximately $952 per $1,000 face amount, reflecting structuring costs and dealer compensation, and secondary market prices may be lower and influenced by Goldman Sachs’ credit risk and market factors.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable, no-interest notes linked to three underliers: the Nasdaq-100 Technology Sector Index, the S&P 500® Index and the Energy Select Sector SPDR® Fund. The notes have an aggregate face amount of $1,977,000, a trade date of November 21, 2025 and a stated maturity of November 30, 2027, subject to early automatic call.
The notes may be automatically called on call observation dates starting November 23, 2026 if each underlier is at least 90% of its initial level (11,840.45 for the Nasdaq-100 Technology Sector Index, 6,602.99 for the S&P 500® Index and $89.42 for XLE). If called, investors receive $1,000 plus a call premium of 16% or 24% depending on the call date.
If not called, the maturity payoff per $1,000 depends on the lesser performing underlier. Investors receive $1,320 if all final levels are at least 90% of initial; $1,000 if all are at least 70% but any is below 90%; and otherwise $1,000 plus the lesser performing underlier return times $1,000, which can reduce repayment below 70% of face, including total loss. The maturity upside is capped at a 32% gain, investors forgo dividends, and payments are subject to the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. The estimated value at pricing is approximately $967 per $1,000 face amount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering $4,308,000 of index-linked Medium-Term Notes, Series F. These notes pay a contingent quarterly coupon of $22.125 per $1,000 face amount (2.2125% quarterly, up to 8.85% per year) only if the Dow Jones Industrial Average, Russell 2000 Index and S&P 500 Index are each at or above 70% of their initial levels on the relevant observation date.
The notes can be automatically called on specified dates if all three indexes are at or above their initial levels, returning $1,000 per note plus any due coupon, which can significantly shorten the investment term. If the notes are not called, principal repayment at maturity in 2031 depends on the worst-performing index. If the lowest index finishes below 70% of its initial level, repayment is reduced one-for-one with that decline, and investors can lose their entire investment.
The notes are unsecured obligations exposed to the credit risk of GS Finance Corp. and its parent, have an estimated value below the 100% issue price due to fees and expenses, are not listed on any exchange and may have limited secondary market liquidity. The tax treatment is complex and uncertain, and coupon payments are expected to be taxed as ordinary income.