“Our expectation is we'll have a small, you know, pretax loss for the year in the segment, but nothing that's material for Goldman Sachs.”

How to check this claim

Look at: Segment pretax income/loss for the year (the specific segment referenced, e.g. Platform Solutions or similar disclosed segment)

It came true if: Segment reports a pretax loss for the fiscal year, and that loss is small relative to Goldman Sachs' total firmwide pretax income (not described by management as material)

Where: Company 10-K segment disclosures and Q4/full-year earnings release and call commentary

Verify independently

SEC filings for GS ↗ · Claim quote is verbatim from the 2025Q4 earnings call.