Inferra AI / Company / GS
Goldman Sachs
GS · Financials
Last earnings Oct 13, 2026
Key results
EPSQ2 2026
$ 20.98
200 West Street New York, NY 10282 1 SECOND QUARTER 2026 EARNINGS RESULTS Goldman Sachs Reports Second Quarter Earnings Per Common Share of $ 20.98 and Increases the Quarterly Dividend to $ 5.00 Per Common Share in the Third Quarter Financial Summary Net Earnings $ in millions 2Q26 $ 6,628 2Q26 YTD $ 12,258 EPS 1 2Q26 $ 20.98 2Q26 YTD $ 38.51 Net Revenues $ in millions 2Q26 $ 20,338 2Q26 YTD $ 37,565 Annualized ROE 2 2Q26 23.5% 2Q26 YTD 21.7% Book Value Per Share 2Q26 $ 367.67 YTD Growth 2.8% NEW YORK, July 14, 2026 The Goldman Sachs Group, Inc.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Quarterly dividendquarter
$ 5.00
200 West Street New York, NY 10282 1 SECOND QUARTER 2026 EARNINGS RESULTS Goldman Sachs Reports Second Quarter Earnings Per Common Share of $ 20.98 and Increases the Quarterly Dividend to $ 5.00 Per Common Share in the Third Quarter Financial Summary Net Earnings $ in millions 2Q26 $ 6,628 2Q26 YTD $ 12,258 EPS 1 2Q26 $ 20.98 2Q26 YTD $ 38.51 Net Revenues $ in millions 2Q26 $ 20,338 2Q26 YTD $ 37,565 Annualized ROE 2 2Q26 23.5% 2Q26 YTD 21.7% Book Value Per Share 2Q26 $ 367.67 YTD Growth 2.8% NEW YORK, July 14, 2026 The Goldman Sachs Group, Inc.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Net incomeytd
$ 6,628
200 West Street New York, NY 10282 1 SECOND QUARTER 2026 EARNINGS RESULTS Goldman Sachs Reports Second Quarter Earnings Per Common Share of $ 20.98 and Increases the Quarterly Dividend to $ 5.00 Per Common Share in the Third Quarter Financial Summary Net Earnings $ in millions 2Q26 $ 6,628 2Q26 YTD $ 12,258 EPS 1 2Q26 $ 20.98 2Q26 YTD $ 38.51 Net Revenues $ in millions 2Q26 $ 20,338 2Q26 YTD $ 37,565 Annualized ROE 2 2Q26 23.5% 2Q26 YTD 21.7% Book Value Per Share 2Q26 $ 367.67 YTD Growth 2.8% NEW YORK, July 14, 2026 The Goldman Sachs Group, Inc.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
EPSytd
$ 38.51
200 West Street New York, NY 10282 1 SECOND QUARTER 2026 EARNINGS RESULTS Goldman Sachs Reports Second Quarter Earnings Per Common Share of $ 20.98 and Increases the Quarterly Dividend to $ 5.00 Per Common Share in the Third Quarter Financial Summary Net Earnings $ in millions 2Q26 $ 6,628 2Q26 YTD $ 12,258 EPS 1 2Q26 $ 20.98 2Q26 YTD $ 38.51 Net Revenues $ in millions 2Q26 $ 20,338 2Q26 YTD $ 37,565 Annualized ROE 2 2Q26 23.5% 2Q26 YTD 21.7% Book Value Per Share 2Q26 $ 367.67 YTD Growth 2.8% NEW YORK, July 14, 2026 The Goldman Sachs Group, Inc.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Net revenueytd
$ 20,338
200 West Street New York, NY 10282 1 SECOND QUARTER 2026 EARNINGS RESULTS Goldman Sachs Reports Second Quarter Earnings Per Common Share of $ 20.98 and Increases the Quarterly Dividend to $ 5.00 Per Common Share in the Third Quarter Financial Summary Net Earnings $ in millions 2Q26 $ 6,628 2Q26 YTD $ 12,258 EPS 1 2Q26 $ 20.98 2Q26 YTD $ 38.51 Net Revenues $ in millions 2Q26 $ 20,338 2Q26 YTD $ 37,565 Annualized ROE 2 2Q26 23.5% 2Q26 YTD 21.7% Book Value Per Share 2Q26 $ 367.67 YTD Growth 2.8% NEW YORK, July 14, 2026 The Goldman Sachs Group, Inc.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Revenuequarter
$ 20.34 billion
(NYSE GS) today reported net revenues of $ 20.34 billion and net earnings of $ 6.63 billion for the second quarter ended June 30, 2026.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Net incomequarter
$ 6.63 billion
(NYSE GS) today reported net revenues of $ 20.34 billion and net earnings of $ 6.63 billion for the second quarter ended June 30, 2026.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Net revenuequarter
$ 37.57 billion
Net revenues were $ 37.57 billion and net earnings were $ 12.26 billion for the first half of 2026.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
2 GOLDMAN SACHS REPORTS SECOND QUARTER 2026 EARNINGS RESULTS Net Revenues Net revenues were $ 20.34 billion for the second quarter of 2026, 39% higher than the second quarter of 2025 and 18% higher than the first quarter of 2026.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Banking Markets Net revenuequarter
$ 15.52 billion
Net Revenues $ in millions 2Q26 $ 20,338 Global Banking Markets Net revenues in Global Banking Markets were $ 15.52 billion for the second quarter of 2026, 53% higher than the second quarter of 2025 and 22% higher than the first quarter of 2026.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Net revenues in Equities were $ 7.42 billion, 72% higher than the second quarter of 2025, due to significantly higher net revenues in Equities intermediation, including significantly higher net revenues in derivatives and in cash products, and in Equities financing, primarily driven by significantly higher net revenues in prime financing.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Net revenues in Other were $ 117 million compared with $ 154 million for the second quarter of 2025, with the decrease reflecting lower net revenues in relationship lending, partially offset by higher net revenues in transaction banking.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Wealth Management Net revenuequarter
$ 4.60 billion
Global Banking Markets $ in millions Advisory $ 1,378 Equity underwriting 985 Debt underwriting 1,032 Investment banking fees 3,395 FICC intermediation 3,376 FICC financing 1,216 FICC 4,592 Equities intermediation 4,157 Equities financing 3,259 Equities 7,416 Other 117 Net revenues $ 15,520 3 GOLDMAN SACHS REPORTS SECOND QUARTER 2026 EARNINGS RESULTS Asset Wealth Management Net revenues in Asset Wealth Management were $ 4.60 billion for the second quarter of 2026, 20% higher than the second quarter of 2025 and 13% higher than the first quarter of 2026.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
AI analysis
Q2 2026 · reported Jul 14, 2026
Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held
The quarter in charts
Segment mix
Business-unit revenue, as stated
Segment revenue figures as stated in the event record.
Headline figures
| Metric | Q2 2026 | Prior qtr | Year ago |
|---|---|---|---|
| EPS | $ 20.98 | — | — |
| Quarterly dividend | $5.00M | — | — |
| Revenue | $ 20.34 billion | — | — |
| Net income | $ 6.63 billion | — | — |
| Net revenue | $ 37.57 billion | — | — |
| Banking Markets Net revenue | $ 15.52 billion | — | — |
| Wealth Management Net revenue | $ 4.60 billion | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
200 West Street New York, NY 10282 1 SECOND QUARTER 2026 EARNINGS RESULTS Goldman Sachs Reports Second Quarter Earnings Per Common Share of $ 20.98 and Increases the Quarterly Dividend to $ 5.00 Per Common Share in the Third Quarter Financial Summary Net Earnings $ in millions 2Q26 $ 6,628 2Q26 YTD $ 12,258 EPS 1 2Q26 $ 20.98 2Q26 YTD $ 38.51 Net Revenues $ in millions 2Q26 $ 20,338 2Q26 YTD $ 37,565 Annualized ROE 2 2Q26 23.5% 2Q26 YTD 21.7% Book Value Per Share 2Q26 $ 367.67 YTD Growth 2.8% NEW YORK, July 14, 2026 The Goldman Sachs Group, Inc.
Event summary
Net revenues were $ 37.57 billion and net earnings were $ 12.26 billion for the first half of 2026
Based on: Earnings release + Q2 2026 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
200 West Street New York, NY 10282 1 SECOND QUARTER 2026 EARNINGS RESULTS Goldman Sachs Reports Second Quarter Earnings Per Common Share of $ 20.98 and Increases the Quarterly Dividend to $ 5.00 Per Common Share in the Third Quarter Financial Summary Net Earnings $ in millions 2Q26 $ 6,628 2Q26 YTD $ 12,258 EPS 1 2Q26 $ 20.98 2Q26 YTD $ 38.51 Net Revenues $ in millions 2Q26 $ 20,338 2Q26 YTD $ 37,565 Annualized ROE 2 2Q26 23.5% 2Q26 YTD 21.7% Book Value Per Share 2Q26 $ 367.67 YTD Growth 2.8% NEW YORK, July 14, 2026 The Goldman Sachs Group, Inc.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Investment banking fees were $ 3.40 billion, 55% higher than the second quarter of 2025, primarily due to significantly higher net revenues in Equity underwriting, primarily reflecting significantly higher net revenues from secondary and initial public offerings, and in Debt underwriting, primarily reflecting significantly higher net revenues from leveraged finance and asset- backed activity.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Global Banking Markets $ in millions Advisory $ 1,378 Equity underwriting 985 Debt underwriting 1,032 Investment banking fees 3,395 FICC intermediation 3,376 FICC financing 1,216 FICC 4,592 Equities intermediation 4,157 Equities financing 3,259 Equities 7,416 Other 117 Net revenues $ 15,520 3 GOLDMAN SACHS REPORTS SECOND QUARTER 2026 EARNINGS RESULTS Asset Wealth Management Net revenues in Asset Wealth Management were $ 4.60 billion for the second quarter of 2026, 20% higher than the second quarter of 2025 and 13% higher than the first quarter of 2026.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
increased the quarterly dividend to $ 5.00 per common share from $4.50 per common share.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
The dividend will be paid on September 29, 2026 to common shareholders of record on September 1, 2026.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
During the quarter, the firm returned $ 5.36 billion of capital to common shareholders, including $ 4.00 billion of common share repurchases ( 4.1 million shares at an average cost of $ 984.57 ) and $ 1.36 billion of common stock dividends.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Strategy & priorities
Beginning in the fourth quarter of 2025, certain assets under supervision have been reclassified from fixed income to alternative investments to better reflect the underlying investment strategies.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Clients are turning to us to lead their most strategic and consequential transactions, which are often the genesis of activity across the franchise.
SEC original ↗Goldman Sachs — Presentation / slide deck (8-K exhibit)EX-99Jul 14, 2026
We are relentlessly driving our long- term growth strategy across Global Banking & Markets and Asset & Wealth Management, and given what we see in our pipelines, we expect this flywheel of activity to continue.
SEC original ↗Goldman Sachs — Presentation / slide deck (8-K exhibit)EX-99Jul 14, 2026
Statements regarding (i) forward catalysts, estimated GDP growth or contraction, interest rate and inflation trends and volatility, (ii) the timing, profitability, benefits and other prospective aspects of business initiatives (including via acquisitions and partnerships) and the achievability of targets and goals, (iii) the firm s expense savings, productivity (including the opportunities presented by artificial intelligence (AI)) and strategic location initiatives, (iv) the future state of the firm s liquidity and regulatory capital ratios (including the firm s stress capital buffer (SCB) requirement and G-SIB buffer, and the potential impact of changes to U.
SEC original ↗Goldman Sachs — Presentation / slide deck (8-K exhibit)EX-99Jul 14, 2026
Statements about the timing, profitability, benefits and other prospective aspects of business (including via acquisitions and partnerships), expense savings and productivity initiatives (including the opportunities presented by AI) and the achievability of targets and goals are based on the firm s current expectations regarding the firm s ability to effectively implement these initiatives and achieve these targets and goals and may change, possibly materially, from what is currently expected.
SEC original ↗Goldman Sachs — Presentation / slide deck (8-K exhibit)EX-99Jul 14, 2026
Risks & headwinds
Net provisions for litigation and regulatory proceedings were $(28) million for the second quarter of 2026, compared with $1 million for the second quarter of 2025.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Important factors that could have such a result include, for underwriting transactions, a decline or weakness in general economic conditions, changes in international trade policies, including the potential for new or increased tariffs, the continuation or worsening of the conflict in the Middle East, volatility in the securities markets or an adverse development with respect to the issuer of the securities and, for financial advisory transactions, a decline in the securities markets, an inability to obtain adequate financing, an adverse development with respect to a party to the transaction or a failure to obtain a required regulatory approval.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
For information about other important factors that could adversely affect the firm s Investment banking fees, see Risk Factors in Part I, Item 1A of the firm s Annual Report on Form 10-K for the year ended December 31, 2025.
SEC original ↗Goldman Sachs — Earnings release (8-K exhibit)EX-99Jul 14, 2026
Statements regarding estimated GDP growth or contraction, interest rate and inflation trends and volatility are subject to the risk that actual GDP growth or contraction, interest rate and inflation trends and volatility may differ, possibly materially, due to, among other things, changes in general economic conditions and monetary, fiscal and trade policy, including tariffs, as well as the effects of the outbreak or escalation of wars or other conflicts.
SEC original ↗Goldman Sachs — Presentation / slide deck (8-K exhibit)EX-99Jul 14, 2026
Legal Proceedings 86 Page No.
SEC original ↗Goldman Sachs — 10-Q Quarterly report10-QAug 3, 2026
Use of Estimates Preparation of these consolidated financial statements requires management to make certain estimates and assumptions, the most important of which relate to fair value measurements, the allowance for credit losses on loans and lending commitments accounted for at amortized cost, discretionary compensation accruals, accounting for goodwill and identifiable intangible assets, provisions for losses that may arise from litigation and regulatory proceedings (including governmental investigations), and accounting for income taxes.
SEC original ↗Goldman Sachs — 10-Q Quarterly report10-QAug 3, 2026
Earnings deck slides
0 decks with slide viewGoldman Sachs — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Goldman Sachs — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Goldman Sachs — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Goldman Sachs — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Goldman Sachs — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Goldman Sachs — 2026 Third Quarter Earnings Results Presentation (Q3 2026) — Slide view unavailable — the original PDF could not be retrieved for segmentation (HTTP Error 403: Forbidden).
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
26 documents- Q3 2026
- 8-KGS
Oct 13, 2026
- Q2 2026
- 8-KGS
Aug 11, 2026
- 10-QGS
Aug 3, 2026
- 8-KGS
Jul 27, 2026
- 8-KGS
Jul 21, 2026
- 8-KGS
Jul 20, 2026
- 8-KGS
Jul 14, 2026
- Q1 2026
- 8-KGS
Jun 24, 2026
- EX-99GS
Jun 24, 2026
- 8-KGS
Jun 3, 2026
- 8-KGS
May 12, 2026
- 10-QGS
May 1, 2026
- 8-KGS
May 1, 2026
- 8-KGS
Apr 20, 2026
- 8-KGS
Apr 13, 2026
- Q4 2025
- 8-KGS
Mar 13, 2026
- 8-KGS
Mar 5, 2026
- 10-KGS
Feb 25, 2026
- 8-KGS
Feb 13, 2026
- 8-KGS
Feb 2, 2026
- 8-KGS
Jan 23, 2026
- 8-KGS
Jan 21, 2026
- 8-KGS
Jan 15, 2026
- 8-KGS
Jan 8, 2026
- Q3 2025
- 10-QGS
Oct 31, 2025
- 8-KGS
Oct 21, 2025
Earnings releases
3 documentsPresentations
6 documents
Transcripts
0 documentsNo transcripts for Goldman Sachs are held in this edition of the library.
Mentioned by
48 companiesOther tracked companies whose held documents mention Goldman Sachs by name or ticker. A mention is counted once per document, from the document text the library holds.
“ Safe Harbour Regulation"). All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A… EX-99.1 2 sharebuybacksinericssondur.htm EX-99.1 Share buybacks in Ericsson during the period Oct”
British American Tobacco (BTI)
“… and Goldman Sachs International during the period from 27 July 2025 to 31 July 2026 as part of its buyback programme announced on 18 March 2024: Date of p”
“e and maintain, and cause each of… …Credit Agreement (2026)] GOLDMAN SACHS BANK USA By: /s/ Ananda DeRoche Name: Ananda DeRoche Title: Authorized Signatory [Signature Page…”
“n ✓ Acquisition of stakes in Van Lanschot Kempen and Singular Bank, and full ownership of Goldman Sachs TFI in Poland ✓… …of incomplete, inaccurate, or otherwise flawed outputs from the algorithms and data sets utilized in artificial intelligence (20”
“…Goldman Sachs International during the period from 2 September 2026 to 4 September 2026 as part of its buyback programme announced on 18 March 2024: D”
Apollo Commercial Real Estate Finance, Inc. (ARI)
“ book value of $1.8 billion (d) Capitalization ➢ Upsized our secured credit facility with Goldman Sachs providing £242.1 million ($314.6 million in USD) of additional capacity ➢ No corporate… …Distributable Earnings of $44 million, or $0.31 per dilut”
Core Natural Resources, Inc. (CNR)
“ 11 DATA CENTER BUILD-OUT COULD HAVE PROFOUND IMPLICATIONS FOR U.S. POWER DEMAND • Goldman Sachs estimates that data… …potential stock price volatility and future dilution; uncertainty regarding the timing and value of any dividends we may dec”
“n ✓ Acquisition of stakes in Van Lanschot Kempen and Singular Bank, and full ownership of Goldman Sachs TFI in Poland ✓… …of incomplete, inaccurate, or otherwise flawed outputs from the algorithms and data sets utilized in artificial intelligence (20”
“ seems like the asset management business has been a drag. So, my question… … James Yaro, Goldman Sachs. Could you just update us on the moving pieces of the investment banking outlook? And then specifically, if you just focus on the impact of highe”
“e Safe Harbour Regulation). All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A… EX-99.1 2 sharebuybacksinericssondur.htm EX-99.1 Share buybacks in Ericsson during the period Oct”
“e Safe Harbour Regulation). All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A… EX-99.1 2 sharebuybacksinericssondur.htm EX-99.1 Share buybacks in Ericsson during the period Oct”
“sions for the third quarter of 2025 primarily reflected net provisions… …contributions to Goldman Sachs Gives (in other expenses) were significantly higher. Net provisions for litigation and regulatory proceedings were $ 23 million for the third quar”
“uidance. Guggenheim Securities, LLC served as the lead financial advisor to Humana, while Goldman Sachs & Co.… …release includes forward-looking statements regarding Humana within the meaning of the Private Securities Litigation Reform Act of 1995. W”
“ Safe Harbour Regulation"). All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A… EX-99.1 2 sharebuybacksinericssondur.htm EX-99.1 Share buybacks in Ericsson during the period Sep”
“aging Director at Ripplewood Holdings and began his career in mergers and acquisitions at Goldman Sachs. He currently serves as a trustee of the University of Chicago, Chairman of the Board… … success. Prior to Siris, he was a Managing Director at Ri”
Space Exploration Technologies Corp. (SPCX)
“… Goldman Sachs International during the period from 24 August 2026 to 28 August 2026 as part of its buyback programme announced on 18 March 2024: Date ”
“…Goldman Sachs International during the period from 2 September 2026 to 4 September 2026 as part of its buyback programme announced on 18 March 2024: D”
“…Goldman Sachs International during the period from 14 September 2026 to 18 September 2026 as part of its buyback programme announced on 18 March 2024: ”
“…Goldman Sachs International during the period from 21 September 2026 to 25 September 2026 as part of its buyback programme announced on 18 March 2024: ”
“ Safe Harbour Regulation"). All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A… EX-99.1 2 sharebuybacksinericssondur.htm EX-99.1 Share buybacks in Ericsson during the period Sep”
“ Safe Harbour Regulation"). All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A… EX-99.1 2 sharebuybacksinericssondur.htm EX-99.1 Share buybacks in Ericsson during the period Sep”
“ share repurchases. The joint bookrunners of the offering are J.P. Morgan Securities LLC, Goldman Sachs (Asia) L.L.C.…”
“ity of up to $550 million ($350 million committed + $200 million accordion ), arranged by Goldman Sachs… …the Company") , a U.S.-based designer, developer, owner, and operator of large-scale, purpose-built data centers engineered to support high-perf”
Exlservice Holdings, Inc. (EXLS)
“ecial assistant at the U.S. Department of State, and a mergers and acquisitions banker at Goldman Sachs. She also serves as a director of Evercore (NYSE: EVR). ### About… …release contains forward-looking statements within the meaning of ”
“ share repurchases. The joint bookrunners of the offering are J.P. Morgan Securities LLC, Goldman Sachs (Asia) L.L.C.…”
See also the earnings calendar for every tracked company’s next earnings date.