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GS · Q2 2026

Archived report (Q2 2026). Latest deep dive →

US GAAP · $M · vs Q2 2025 · reported 07/14/2026

GS — Goldman Sachs Group is a global investment banking, securities, and investment management firm offering services to corporations, financial institutions, governments, and high-net-worth individuals.

More about the company

It is headquartered in New York City.

All figures in $M.

Revenue

$20,338

+39%

Net income

$6,628

+78%

32.6% net margin · $20.98 diluted EPS

Sankey diagram of GS earnings report for Q2 2026: revenue, costs and profitInvestment Banking$3,400 · +55%Investment Management$3,378 · +19%Commissions & Fees$1,525 · +27%Market Making$7,637 · +61%Other PrincipalTransactions$444 · -14%Net Interest Income$3,954 · +27%Total NetRevenues$20,338 · +39%Provision forCredit Losses$102 · -73%Total OperatingExpenses$11,673 · +26%Pre-Tax Earnings$8,563 · +73%Compensation &Benefits$6,104 · +30%Transaction Based$3,052 · +56%Other OperatingExpenses$2,517 · +5%Provision for Taxes$1,935 · +57%Net Earnings$6,628 · +78%32.6% net margin · $20.98 dilutedEPS

Verdict: a standout quarter for Goldman Sachs as record market-making and investment banking revenue drove net revenue up 39% y/y to $20.3B and net earnings up 78% to $6.6B, with compensation and transaction-based costs rising in step but provision for credit losses falling, underscoring trading-led operating leverage.

Diluted EPS $20.98 vs $10.91 · common buybacks $4.0B in Q2 · preferred dividends $229M · common dividend/equivalents $1,363M declared · effective tax rate 22.6% vs 24.9% a year ago

Source and notation

* marks non-cash / ≈ estimated. Source: The Goldman Sachs Group, Inc. press release / 10-Q (SEC EDGAR).

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How this page was made: the figures come from the company's own report on SEC EDGAR; the summary and nuances were drafted by our model from that report; the short company description was also written by our model. Figures checked against the filing on 08/25/2026. How we make the breakdowns · Report an error

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Company reports

Q3 2026latestA strong quarter — net revenues rose 23% to $18.7B and net earnings 29% to $5.3B ($17.01 per share, up 39%), driven by…
Q2 2026A standout quarter for Goldman Sachs as record market-making and investment banking revenue drove net revenue up 39% y/y…

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