GS

figures

checks

• assets = liabilities + equity · total assets equals total liabilities and equity
• equity excludes minority interests · not applicable: no noncontrolling interest line printed
• net income is before preferred dividends · net income is not the after-preferred-dividends line
• diluted EPS is for total net income · diluted EPS is for total net income
• net income excludes minority interests · not applicable: no noncontrolling interest line printed
• cash flows tie to the change in cash · operating + investing + financing (+ FX) equals the net change in cash

management's claims

trace

1. 0locator (code)0.43s

   {
     "tables": 489,
     "exhibits": [],
     "documents": 1
   }

   {
     "income": {
       "rows": 35,
       "scale": 1000000,
       "score": 52.5,
       "heading": "THE GOLDMAN SACHS GROUP, INC. AND SUBSIDIARIES Consolidated Statements of Earnings",
       "tableIndex": 228,
       "runnerUpScore": 33
     },
     "balance": {
       "rows": 40,
       "scale": 1000000,
       "score": 52.75,
       "heading": "THE GOLDMAN SACHS GROUP, INC. AND SUBSIDIARIES Consolidated Balance Sheets",
       "tableIndex": 231,
       "runnerUpScore": 25
     },
     "cashflow": {
       "rows": 56,
       "scale": 1000000,
       "score": 55,
       "heading": "THE GOLDMAN SACHS GROUP, INC. AND SUBSIDIARIES Consolidated Statements of Cash Flows",
       "tableIndex": 235,
       "runnerUpScore": 13.5
     }
   }

2. 1cash flow agent1.80s · 1949 tokens · $0.0002

   {
     "rows": 56,
     "retryHint": null,
     "tableIndex": 235
   }

   {
     "figures": [
       {
         "note": "This is the operating activities section total, including changes in operating assets and liabilities.",
         "field": "operatingCashFlow",
         "scale": 1000000,
         "value": -45154000000,
         "printed": "(45,154)",
         "rowIndex": 16,
         "rowLabel": "Net cash used for operating activities",
         "priorValue": -13212000000,
         "agentPrinted": "(45,154)",
         "failedChecks": [],
         "priorPrinted": "(13,212)",
         "groundingMismatch": false
       },
       {
         "note": "This is the investing activities section total.",
         "field": "investingCashFlow",
         "scale": 1000000,
         "value": -44227000000,
         "printed": "(44,227)",
         "rowIndex": 32,
         "rowLabel": "Net cash used for investing activities",
         "priorValue": -49624000000,
         "agentPrinted": "(44,227)",
         "failedChecks": [],
         "priorPrinted": "(49,624)",
         "groundingMismatch": false
       },
       {
         "note": "This is the financing activities section total.",
         "field": "financingCashFlow",
         "scale": 1000000,
         "value": 66100000000,
         "printed": "66,100",
         "rowIndex": 48,
         "rowLabel": "Net cash provided by financing activities",
         "priorValue": 7323000000,
         "agentPrinted": "66,100",
         "failedChecks": [],
         "priorPrinted": "7,323",
         "groundingMismatch": false
       }
     ],
     "statement": "cashflow",
     "tableIndex": 235,
     "priorColumn": 1,
     "currentColumn": 0
   }

3. 2income statement agent2.00s · 1652 tokens · $0.0002

   {
     "rows": 35,
     "retryHint": null,
     "tableIndex": 228
   }

   {
     "figures": [
       {
         "note": "Total net revenues is the bank's company-wide net revenue total.",
         "field": "revenue",
         "scale": 1000000,
         "value": 58283000000,
         "printed": "58,283",
         "rowIndex": 12,
         "rowLabel": "Total net revenues",
         "priorValue": 53512000000,
         "agentPrinted": "58,283",
         "failedChecks": [],
         "priorPrinted": "53,512",
         "groundingMismatch": false
       },
       {
         "note": "The statement reports pre-tax earnings but does not print an operating income line.",
         "field": "operatingIncome",
         "scale": 1000000,
         "value": null,
         "printed": null,
         "rowIndex": null,
         "rowLabel": null,
         "priorValue": null,
         "agentPrinted": null,
         "failedChecks": [],
         "priorPrinted": null,
         "groundingMismatch": false
       },
       {
         "note": "Net earnings is the only net income line and precedes preferred stock dividends.",
         "field": "netIncome",
         "scale": 1000000,
         "value": 17176000000,
         "printed": "17,176",
         "rowIndex": 26,
         "rowLabel": "Net earnings",
         "priorValue": 14276000000,
         "agentPrinted": "17,176",
         "failedChecks": [],
         "priorPrinted": "14,276",
         "groundingMismatch": false
       },
       {
         "note": "This is the diluted earnings per common share figure.",
         "field": "epsDiluted",
         "scale": 1,
         "value": 51.32,
         "printed": "51.32",
         "rowIndex": 31,
         "rowLabel": "Diluted",
         "priorValue": 40.54,
         "agentPrinted": "51.32",
         "failedChecks": [],
         "priorPrinted": "40.54",
         "groundingMismatch": false
       }
     ],
     "statement": "income",
     "tableIndex": 228,
     "priorColumn": 1,
     "currentColumn": 0
   }

4. 3balance sheet agent2.53s · 1684 tokens · $0.0002

   {
     "rows": 40,
     "retryHint": null,
     "tableIndex": 231
   }

   {
     "figures": [
       {
         "note": "This is the balance sheet’s cash and cash equivalents line.",
         "field": "cash",
         "scale": 1000000,
         "value": 164259000000,
         "printed": "164,259",
         "rowIndex": 3,
         "rowLabel": "Cash and cash equivalents",
         "priorValue": 182092000000,
         "agentPrinted": "164,259",
         "failedChecks": [],
         "priorPrinted": "182,092",
         "groundingMismatch": false
       },
       {
         "note": "This row prints total assets.",
         "field": "totalAssets",
         "scale": 1000000,
         "value": 1809320000000,
         "printed": "1,809,320",
         "rowIndex": 15,
         "rowLabel": "Total assets",
         "priorValue": 1675972000000,
         "agentPrinted": "1,809,320",
         "failedChecks": [],
         "priorPrinted": "1,675,972",
         "groundingMismatch": false
       },
       {
         "note": "This is the standalone total liabilities line, not total liabilities and equity.",
         "field": "totalLiabilities",
         "scale": 1000000,
         "value": 1684348000000,
         "printed": "1,684,348",
         "rowIndex": 27,
         "rowLabel": "Total liabilities",
         "priorValue": 1553976000000,
         "agentPrinted": "1,684,348",
         "failedChecks": [],
         "priorPrinted": "1,553,976",
         "groundingMismatch": false
       },
       {
         "note": "This is the shareholders’ equity total, without a separate noncontrolling-interest amount.",
         "field": "totalEquity",
         "scale": 1000000,
         "value": 124972000000,
         "printed": "124,972",
         "rowIndex": 38,
         "rowLabel": "Total shareholders’ equity",
         "priorValue": 121996000000,
         "agentPrinted": "124,972",
         "failedChecks": [],
         "priorPrinted": "121,996",
         "groundingMismatch": false
       }
     ],
     "statement": "balance",
     "tableIndex": 231,
     "priorColumn": 1,
     "currentColumn": 0
   }

5. 4reconciler (code)0.00s

   null

   [
     {
       "name": "balance_identity",
       "detail": "total assets equals total liabilities and equity",
       "fields": [
         "totalAssets"
       ],
       "passed": true,
       "skipped": false,
       "statement": "balance"
     },
     {
       "name": "totalEquity_attribution",
       "detail": "no noncontrolling interest line printed",
       "fields": [
         "totalEquity"
       ],
       "passed": true,
       "skipped": true,
       "statement": "balance"
     },
     {
       "name": "netIncome_before_preferred",
       "detail": "net income is not the after-preferred-dividends line",
       "fields": [
         "netIncome"
       ],
       "passed": true,
       "skipped": false,
       "statement": "income"
     },
     {
       "name": "epsDiluted_total",
       "detail": "diluted EPS is for total net income",
       "fields": [
         "epsDiluted"
       ],
       "passed": true,
       "skipped": false,
       "statement": "income"
     },
     {
       "name": "netIncome_attribution",
       "detail": "no noncontrolling interest line printed",
       "fields": [
         "netIncome"
       ],
       "passed": true,
       "skipped": true,
       "statement": "income"
     },
     {
       "name": "cash_flow_tie",
       "detail": "operating + investing + financing (+ FX) equals the net change in cash",
       "fields": [
         "operatingCashFlow",
         "investingCashFlow",
         "financingCashFlow"
       ],
       "passed": true,
       "skipped": false,
       "statement": "cashflow"
     }
   ]

6. 5MD&A claims agent7.06s · 3128 tokens · $0.0007

   null

   [
     {
       "kind": "percent_change",
       "field": "revenue",
       "quote": "Net revenues were $58.28 billion for 2025, 9% higher than 2024, reflecting higher net revenues in Global Banking & Markets, partially offset by significantly lower net revenues in Platform Solutions.",
       "scope": "consolidated",
       "actual": 8.915757213335326,
       "reason": "Total revenue: \"Total net revenues\" changed 8.92%",
       "claimed": 9,
       "verdict": "consistent",
       "asWritten": "9%",
       "tolerance": 0.5,
       "quoteVerified": true
     },
     {
       "kind": "current_value",
       "field": "revenue",
       "quote": "Net revenues were $58.28 billion for 2025, 9% higher than 2024, reflecting higher net revenues in Global Banking & Markets, partially offset by significantly lower net revenues in Platform Solutions.",
       "scope": "consolidated",
       "actual": 58283000000,
       "reason": "Total revenue: \"Total net revenues\" is 58283000000 (prior year 53512000000)",
       "claimed": 58280000000,
       "verdict": "consistent",
       "asWritten": "$58.28 billion",
       "tolerance": 5000000,
       "quoteVerified": true
     },
     {
       "kind": "current_value",
       "field": "netIncome",
       "quote": "We generated net earnings of $17.18 billion for 2025, compared with $14.28 billion for 2024.",
       "scope": "consolidated",
       "actual": 17176000000,
       "reason": "Net income attributable to the company: \"Net earnings\" is 17176000000 (prior year 14276000000)",
       "claimed": 17180000000,
       "verdict": "consistent",
       "asWritten": "$17.18 billion",
       "tolerance": 5000000,
       "quoteVerified": true
     },
     {
       "kind": "amount_change",
       "field": "netIncome",
       "quote": "We generated net earnings of $17.18 billion for 2025, compared with $14.28 billion for 2024.",
       "scope": "consolidated",
       "actual": null,
       "reason": "Net income attributable to the company: the claimed number isn't in the quoted sentence",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "$2.90 billion",
       "tolerance": null,
       "quoteVerified": true
     },
     {
       "kind": "current_value",
       "field": "epsDiluted",
       "quote": "Diluted earnings per common share (EPS) was $51.32 for 2025, compared with $40.54 for 2024.",
       "scope": "consolidated",
       "actual": 51.32,
       "reason": "Diluted EPS: \"Diluted\" is 51.32 (prior year 40.54)",
       "claimed": 51.32,
       "verdict": "consistent",
       "asWritten": "$51.32",
       "tolerance": 0.005,
       "quoteVerified": true
     },
     {
       "kind": "amount_change",
       "field": "epsDiluted",
       "quote": "Diluted earnings per common share (EPS) was $51.32 for 2025, compared with $40.54 for 2024.",
       "scope": "consolidated",
       "actual": null,
       "reason": "Diluted EPS: the claimed number isn't in the quoted sentence",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "$10.78",
       "tolerance": null,
       "quoteVerified": true
     },
     {
       "kind": "percent_change",
       "field": "operatingIncome",
       "quote": "Operating expenses were $37.54 billion for 2025, 11% higher than 2024, primarily reflecting higher compensation and benefits expenses (reflecting improved operating performance) and higher transaction based expenses.",
       "scope": "consolidated",
       "actual": null,
       "reason": "Operating income: the sentence doesn't name this figure",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "11%",
       "tolerance": null,
       "quoteVerified": true
     },
     {
       "kind": "current_value",
       "field": "revenue",
       "quote": "Investment banking revenues in the consolidated statements of earnings were $9.35 billion for 2025, 21% higher than 2024, due to significantly higher revenues in advisory, reflecting a significant increase in completed mergers and acquisitions volumes, and higher revenues in both debt underwriting and equity underwriting.",
       "scope": "consolidated",
       "actual": null,
       "reason": "Total revenue: the value is far below the company-wide figure, so it's about part of the business",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "$9.35 billion",
       "tolerance": null,
       "quoteVerified": true
     },
     {
       "kind": "percent_change",
       "field": "revenue",
       "quote": "Investment banking revenues in the consolidated statements of earnings were $9.35 billion for 2025, 21% higher than 2024, due to significantly higher revenues in advisory, reflecting a significant increase in completed mergers and acquisitions volumes, and higher revenues in both debt underwriting and equity underwriting.",
       "scope": "consolidated",
       "actual": null,
       "reason": "Total revenue: the value is far below the company-wide figure, so it's about part of the business",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "21%",
       "tolerance": null,
       "quoteVerified": true
     },
     {
       "kind": "current_value",
       "field": "revenue",
       "quote": "Market making revenues in the consolidated statements of earnings were $17.99 billion for 2025, 2% lower than 2024, reflecting lower net revenues from intermediation activities, partially offset by slightly higher net revenues from financing activities.",
       "scope": "consolidated",
       "actual": null,
       "reason": "Total revenue: the value is far below the company-wide figure, so it's about part of the business",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "$17.99 billion",
       "tolerance": null,
       "quoteVerified": true
     },
     {
       "kind": "percent_change",
       "field": "revenue",
       "quote": "Market making revenues in the consolidated statements of earnings were $17.99 billion for 2025, 2% lower than 2024, reflecting lower net revenues from intermediation activities, partially offset by slightly higher net revenues from financing activities.",
       "scope": "consolidated",
       "actual": null,
       "reason": "Total revenue: the value is far below the company-wide figure, so it's about part of the business",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "2%",
       "tolerance": null,
       "quoteVerified": true
     },
     {
       "kind": "current_value",
       "field": "revenue",
       "quote": "Net revenues in FICC were $14.52 billion, 9% higher than 2024, primarily reflecting higher net revenues in FICC intermediation, due to significantly higher net revenues in interest rate products and slightly higher net revenues in currencies and commodities, partially offset by lower net revenues in mortgages and credit products.",
       "scope": "segment_or_non_gaap",
       "actual": null,
       "reason": "Total revenue: about a segment, region or non-GAAP measure, which the statements can't confirm",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "$14.52 billion",
       "tolerance": null,
       "quoteVerified": true
     },
     {
       "kind": "percent_change",
       "field": "revenue",
       "quote": "Net revenues in FICC were $14.52 billion, 9% higher than 2024, primarily reflecting higher net revenues in FICC intermediation, due to significantly higher net revenues in interest rate products and slightly higher net revenues in currencies and commodities, partially offset by lower net revenues in mortgages and credit products.",
       "scope": "segment_or_non_gaap",
       "actual": null,
       "reason": "Total revenue: about a segment, region or non-GAAP measure, which the statements can't confirm",
       "claimed": null,
       "verdict": "not_checked",
       "asWritten": "9%",
       "tolerance": null,
       "quoteVerified": true
     }
   ]