Goldman Sachs Group Inc reported second-quarter 2026 results with revenue of $20.34B and diluted EPS of $20.98, driven by stronger markets and higher investment banking fees versus the year-ago quarter.
Financial Highlights
- Revenue was $20.34B, compared with $14.58B in the prior-year quarter; YoY change 39%.
- Net income was $6.63B, compared with $3.47B in the prior-year quarter; YoY change 84%.
- Diluted EPS was $20.98, compared with $10.91 in the prior-year quarter; YoY change 92%.
Business Highlights
- Net revenues rose 39% YoY in Q2, led by significantly higher results in Global Banking & Markets, including Equities, FICC and investment banking fees.
- Asset & Wealth Management saw higher management fees and growth in alternatives; assets under supervision expanded to $4.04T with strong inflows across channels.
- Advisory and underwriting activity was robust, with equity underwriting and M&A volumes up and market-making activity rebounding amid stronger global equities.
- Returned $5.36B to common shareholders in the quarter and took steps to refocus consumer operations, including reclassification/exit actions for Platform Solutions (Apple Card held for sale).
- Maintained strong liquidity and capital positions, supporting client-facing operations during periods of stress.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.