Goldman Sachs Group, Inc. (The): Beat — EPS $17.01, Revenue $18.68B
GSGoldman Sachs Group, Inc. (The)•Q3 2026•Oct 13, 2026, 7:28 AM EDT
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Earnings BeatQ3 2026 · Pre-market
@trystockwhiz
Did Goldman Sachs Group, Inc. (The) (GS) beat earnings today?
Yes, Goldman Sachs Group, Inc. (The) (GS) beat Wall Street analyst expectations for Q3 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+29.95% surprise
$17.01Actual
Expected: $13.09
vs. year ago +39.0%
Total Revenue+10.60% surprise
$18.68BActual
Expected: $16.89B
vs. year ago +23.0%
Released Oct 13 · 7:28 AM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Net revenues | $18.68B | $15.18B | +23.0% |
| Revenue detail — reported lines | |||
| └─Investment banking | $3.23B | $2.66B | +22.0% |
| └─Investment management | $4.10B | $2.95B | +39.0% |
| └─Commissions and fees | $1.51B | $1.11B | +36.0% |
| └─Market making | $5.66B | $3.87B | +46.0% |
| └─Other principal transactions | $401.00M | $743.00M | -46.0% |
| └─Total non-interest revenues | $14.91B | $11.33B | +32.0% |
| └─Interest income | $22.79B | $20.82B | +9.0% |
| Consolidated revenue by source | |||
| └─Net interest income | $3.77B | $3.85B | -2.0% |
| Revenue detail — reported lines | |||
| └─Global Banking & Markets | $13.46B | $10.17B | +32.0% |
| └─Advisory | $1.65B | $1.40B | +18.0% |
| └─Equity underwriting | $666.00M | $465.00M | +43.0% |
| └─Debt underwriting | $904.00M | $788.00M | +15.0% |
| └─Investment banking fees | $3.22B | $2.66B | +21.0% |
| └─FICC intermediation | $2.26B | $2.44B | -7.0% |
| └─FICC financing | $1.21B | $1.06B | +14.0% |
| └─FICC | $3.47B | $3.49B | -1.0% |
| └─Equities intermediation | $3.08B | $2.02B | +52.0% |
| └─Equities financing | $3.37B | $1.72B | +96.0% |
| └─Equities | $6.44B | $3.74B | +72.0% |
| └─Other | $322.00M | $282.00M | +14.0% |
| └─Asset & Wealth Management | $5.05B | $4.42B | +14.0% |
| └─Management and other fees | $3.59B | $2.94B | +22.0% |
| └─Incentive fees | $587.00M | $76.00M | +672.0% |
| └─Private banking and lending | $827.00M | $1.06B | -22.0% |
| └─Investments | $50.00M | $342.00M | -85.0% |
| └─Platform Solutions | $170.00M | $598.00M | -72.0% |
| └─Americas | $11.67B | $10.02B | +16.5% |
| └─EMEA | $3.21B | $3.16B | +1.3% |
| └─Asia | $3.80B | $2.00B | +89.9% |
| Net earnings | $5.29B | $4.10B | +29.0% |
| Basic EPS | $17.24 | $12.42 | +39.0% |
| Diluted EPS | $17.01 | $12.25 | +39.0% |
Business Highlights
- ➤Declared a $5.00 per common share dividend payable December 30, 2026.
- ➤Returned $4.49 billion to common shareholders through repurchases and dividends.
- ➤Repurchased 2.9 million shares at an average cost of $1,048.73.
- ➤Investment-banking backlog decreased versus second quarter and slightly versus year-end 2025.
- ➤Apple Card loan portfolio was transferred to held for sale in fourth-quarter 2025.
- ➤Completed acquisition of Innovator Capital Management contributed equity-asset inflows.
- ➤Disposed of Goldman Sachs TFI, affecting fixed-income and equity asset flows.
- ➤Headcount increased 3% sequentially, reflecting timing of campus hires.