Goldman Sachs Q2 FY2026: EPS $20.98, revenue up 39%
Goldman Sachs posted $20.34 billion of net revenue and $20.98 of diluted EPS for the quarter ended June 30, 2026, beating the $14.91 consensus EPS estimate by 40.7%. Revenue rose 39% from a year ago and 18% from the prior quarter, with Global Banking & Markets contributing $15.52 billion. The quarter reads Bullish on earnings momentum, though trading gains and a tax benefit did much of the work.
1 · Expected vs. Actual
Free preview belowDiluted EPS of $20.98 nearly doubled from $10.91 a year ago and landed 40.7% above the $14.91 consensus estimate. About $3.15 of first-half diluted EPS came from a roughly $965 million tax benefit on employee share-based award settlements, so part of the beat is tax-driven. Annualized ROE of 23.5% shows the earnings are backed by a genuinely high return on equity.
Net revenues of $20.34 billion rose 39% from $14.58 billion a year earlier and 18% from $17.23 billion in the first quarter of 2026. Global Banking & Markets supplied $15.52 billion of that, up 53% year over year, while Asset & Wealth Management added $4.60 billion, up 20%. Platform Solutions shrank to $221 million, 64% lower than a year ago.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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