The Goldman Sachs Group, Inc. earnings overview

GS FY2026 Q2 · Calendar Q3 2026

The Goldman Sachs Group, Inc.

Goldman Sachs delivered record Q2 2026 results, surpassing consensus estimates by approximately 45% on EPS and 25% on revenue. The quarter was powered by AI-related capital formation, surging M&A advisory volumes (up 90% year-over-year), and strong performance in equities and FICC financing, particularly in Asia. Management raised the dividend 25% to $5 per share and repurchased $4 billion in stock, underscoring confidence in capital generation. Wealth management assets crossed $2 trillion and total assets under supervision reached $4 trillion. While management frames the AI infrastructure build-out as a multi-year growth engine, the stock has experienced an approximately 8% pullback from the post-earnings rally, and the early stage of the AI capex cycle introduces volatility risk.