The Goldman Sachs Group, Inc. — Cash Flow Charts
12 quarters of history · ending 2026-03-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+14.4% +$5.36B
$-31.87B
Free Cash Flow↑+14.0% +$5.30B
$-32.43B
Investing Cash Flow↓-147.5% -$33.56B
$-56.31B
Financing Cash Flow↑+143.5% +$61.47B
$104.29B
Capex↑+13.2% +$66M
$565M
Acquisitions
$0
Stock Buybacks↑+14.7% +$640M
$5.00B
Dividends Paid↑+42.4% +$473M
$1.59B
Stock-Based Comp↑+4.7% +$113M
$2.53B
D&A↓-2.2% -$11M
$495M
SBC Allocated Expense↑+4.7% +$113M
$2.53B