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Side-by-side financial comparison of Goldman Sachs (GS) and MetLife (MET). Click either name above to swap in a different company.
MetLife is the larger business by last-quarter revenue ($19.1B vs $17.2B, roughly 1.1× Goldman Sachs). Goldman Sachs runs the higher net margin — 32.7% vs 6.0%, a 26.7% gap on every dollar of revenue. On growth, Goldman Sachs posted the faster year-over-year revenue change (18.6% vs 2.7%). Over the past eight quarters, MetLife's revenue compounded faster (484.7% CAGR vs 10.1%).
The Goldman Sachs Group, Inc. is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is one of the largest investment banks in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue.
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with around 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
GS vs MET — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $17.2B | $19.1B |
| Net Profit | $5.6B | $1.1B |
| Gross Margin | — | — |
| Operating Margin | 39.5% | — |
| Net Margin | 32.7% | 6.0% |
| Revenue YoY | 18.6% | 2.7% |
| Net Profit YoY | 18.8% | 30.0% |
| EPS (diluted) | — | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $17.2B | $19.1B | ||
| Q4 25 | $13.5B | $600.0M | ||
| Q3 25 | $15.2B | $621.0M | ||
| Q2 25 | $14.6B | $604.0M | ||
| Q1 25 | $15.1B | $611.0M | ||
| Q4 24 | — | $556.0M | ||
| Q3 24 | $12.7B | $554.0M | ||
| Q2 24 | $12.7B | $558.0M |
| Q1 26 | $5.6B | $1.1B | ||
| Q4 25 | $4.6B | $809.0M | ||
| Q3 25 | $4.1B | $896.0M | ||
| Q2 25 | $3.7B | $729.0M | ||
| Q1 25 | $4.7B | $945.0M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | $3.0B | $1.3B | ||
| Q2 24 | $3.0B | $946.0M |
| Q1 26 | 39.5% | — | ||
| Q4 25 | 43.5% | — | ||
| Q3 25 | 35.5% | — | ||
| Q2 25 | 34.0% | — | ||
| Q1 25 | 37.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 31.4% | — | ||
| Q2 24 | 30.8% | — |
| Q1 26 | 32.7% | 6.0% | ||
| Q4 25 | 34.3% | 134.8% | ||
| Q3 25 | 27.0% | 144.3% | ||
| Q2 25 | 25.5% | 120.7% | ||
| Q1 25 | 31.5% | 154.7% | ||
| Q4 24 | — | 228.6% | ||
| Q3 24 | 23.5% | 242.2% | ||
| Q2 24 | 23.9% | 169.5% |
| Q1 26 | — | — | ||
| Q4 25 | $14.04 | $1.18 | ||
| Q3 25 | $12.25 | $1.22 | ||
| Q2 25 | $10.91 | $1.03 | ||
| Q1 25 | $14.12 | $1.28 | ||
| Q4 24 | — | $1.75 | ||
| Q3 24 | $8.40 | $1.81 | ||
| Q2 24 | $8.62 | $1.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $179.0B | — |
| Total DebtLower is stronger | — | $14.8B |
| Stockholders' EquityBook value | $123.0B | $27.6B |
| Total Assets | $2062.0B | $743.2B |
| Debt / EquityLower = less leverage | — | 0.54× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $179.0B | — | ||
| Q4 25 | $164.3B | $25.6B | ||
| Q3 25 | $169.6B | $26.2B | ||
| Q2 25 | $153.0B | $27.5B | ||
| Q1 25 | $167.4B | $26.9B | ||
| Q4 24 | — | $25.2B | ||
| Q3 24 | $154.7B | $26.4B | ||
| Q2 24 | $206.3B | $24.6B |
| Q1 26 | — | $14.8B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $123.0B | $27.6B | ||
| Q4 25 | $125.0B | $28.4B | ||
| Q3 25 | $124.4B | $28.9B | ||
| Q2 25 | $124.1B | $27.7B | ||
| Q1 25 | $124.3B | $27.5B | ||
| Q4 24 | — | $27.4B | ||
| Q3 24 | $121.2B | $30.9B | ||
| Q2 24 | $119.5B | $27.3B |
| Q1 26 | $2062.0B | $743.2B | ||
| Q4 25 | $1809.3B | $745.2B | ||
| Q3 25 | $1808.0B | $719.7B | ||
| Q2 25 | $1785.0B | $702.5B | ||
| Q1 25 | $1766.2B | $688.3B | ||
| Q4 24 | — | $677.5B | ||
| Q3 24 | $1728.1B | $705.0B | ||
| Q2 24 | $1653.3B | $675.7B |
| Q1 26 | — | 0.54× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GS
| Management and other fees | $3.1B | 18% |
| FICC intermediation | $2.9B | 17% |
| Equities intermediation | $2.7B | 16% |
| Equities financing | $2.6B | 15% |
| Advisory | $1.5B | 9% |
| FICC financing | $1.1B | 6% |
| Other | $972.0M | 6% |
| Debt underwriting | $811.0M | 5% |
| Private banking and lending | $638.0M | 4% |
| Equity underwriting | $535.0M | 3% |
| Incentive fees | $183.0M | 1% |
| Investments | $180.0M | 1% |
MET
| Premiums, fees and other revenues | $14.3B | 75% |
| Other | $4.8B | 25% |
