The Goldman Sachs Group, Inc. · GS-PD · FY2026 Q3 · Calendar Q4 2026
Goldman Sachs: Record Q3, with AI financing and wealth inflows in focus
The supplied analysis supports a constructive but qualified view: Goldman Sachs is positioning its durable financing, advisory, wealth and alternatives businesses to benefit from AI infrastructure and continued capital formation, while rates, regulation and the durability of AI financing remain important tests.
Earnings scorecard
Reported versus consensusMarket reaction
unavailableAsk FN2 about GS-PD FY2026 Q3
Transcript, numbers and history already loadedFree account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Versus the prior-quarter analysis, the current analysis adds record Q3 results, financing revenues above 40% of FICC and Equities, $4.1 trillion in assets under supervision, the NEOS and LCN Capital acquisitions, and a quantified long-term AI data-center financing opportunity.
Guidance delta
Maintained; the supplied analysis does not identify a change in guidance sentiment.
Key takeaways
- The supplied analysis describes record Q3 revenue and EPS, supported by investment banking, financing revenues and asset inflows.
- Management highlighted AI compute demand and a projected U.S. data-center build-out as a long-term financing opportunity.
- Asset and Wealth Management assets under supervision reached $4.1 trillion, with 35 consecutive quarters of fee-based net inflows.
- The quarter added NEOS and LCN Capital capabilities while macro, regulatory and AI-related risks remain.
Management priorities
- Scale financing for AI and compute infrastructure.
- Expand the Asia footprint and equity-financing share.
- Develop derivative-income ETF products through NEOS integration.
- Continue selective acquisitions and disciplined capital allocation.
Follow GS-PD with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeCompany context
Snapshot as of publicationThe Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through four segments: Investment Banking, Global Markets, Asset Management, and Consumer & Wealth Management. The company's Investment Banking segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and middle-market lending, relationship lending, and acquisition financing, as well as transaction banking services.…
Historical context
All GS-PD earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| GS-PA The Goldman Sachs Group, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | — | Goldman Sachs Q3: Financing and wealth management broaden growth |
| GS The Goldman Sachs Group, Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -0.1% | Goldman posts record Q3 as financing and wealth inflows strengthen |
| C Citigroup Inc. | FY2026 Q3 · Calendar Q4 2026 | — | -4.0% | Citi raises ROTCE outlook as Services and Wealth lead growth |
| JPM-PK JPMorgan Chase & Co. | FY2026 Q3 · Calendar Q4 2026 | — | — | JPMorgan posts strong Q3 as AI investment and 2027 risks remain |
| JPM-PD JPMorgan Chase & Co. | FY2026 Q3 · Calendar Q4 2026 | — | — | JPMorgan posts strong Q3 as deposits and fees grow; AI risks remain |
| JPM JPMorgan Chase & Co. | FY2026 Q3 · Calendar Q4 2026 | — | +0.2% | JPMorgan: Strong Q3, Cautious 2027 NII Outlook |
Latest beats and misses
Who reports nextBeat on EPS
Get the GS-PD recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-10-13T20:03:59.805492+00:00
- FN2 earnings calendar · 2026-10-13T01:23:11.860783+00:00
- Polygon adjusted daily market bars
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-13. For educational purposes only; not investment advice.