GS The Goldman Sachs Group, Inc.

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The Goldman Sachs Group Beat Expectations

Tuesday, October 13, 2026 · 7:25 AM ET

The Goldman Sachs Group (GS) reported earnings of $17.01 per share on revenue of $37.70 billion for the third quarter ended September 2026. The consensus earnings estimate was $12.90 per share on revenue of $16.87 billion. The Earnings Whisper number was $12.95 per share. The company beat expectations by 31.35% while revenue grew 17.25% on a year-over-year basis.

Goldman Sachs Group Inc is a investment banking, securities and investment management firm. Its segments include Investment Banking, Trading and Principal Investments, Asset Management and Securities Services.

Earnings Whisper Grade —
Power Rating—
Reported Earnings
$17.01
Earnings Whisper®
$12.95
Consensus Estimate
$12.90
Earnings Surprise
Earnings Growth38.9 %
Reported Revenue
$37.70B
Revenue Estimate
$16.87B

Consensus estimates for banks and some financial institutions are for net interest income, which may not be comparable to reported revenue.

Revenue Surprise
Revenue Growth17.3 %

Goldman Sachs Reports 2026 Third Quarter Earnings Per Common Share of $17.01 and Annualized Return on Common Equity of 18.7%

Tuesday, October 13, 2026 · 7:25 AM ET GS

NEW YORK, October 13, 2026 – The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $18.68 billion and net earnings of $5.29 billion for the third quarter ended September 30, 2026. Diluted earnings per common share (EPS) was $17.01 and annualized return on average common shareholders’ equity (ROE) was18.7% for the third quarter of 2026.

Please view printable versions of the Third Quarter 2026 Earnings Results [PDF] and the Third Quarter 2026 Earnings Results Presentation [PDF].

David Solomon, Chairman and CEO of Goldman Sachs, said, “Against the backdrop of a complicated operating environment, our clients continued to turn to Goldman Sachs for our world-class advice, execution and financing capabilities, resulting in our second highest quarterly net revenues and record year-to-date net revenues. Notwithstanding the current complexity and uncertainty in the world, we remain very well positioned to continue to deliver for our clients. I am confident our market-leading franchises, deep relationships and continued investments will help drive long-term earnings growth."

A conference call to discuss the firm’s financial results, outlook and related matters will be held at 9:30 am (ET) on the date noted above. The call will be open to the public.

Members of the public who would like to listen to the conference call should dial +1-800-330-6730 (in the U.S.) and +1-646-769-9500 (outside the U.S.) passcode number 7042022. The number should be dialed at least 10 minutes prior to the start of the conference call. The conference call will also be accessible as an audio webcast through the Investor Relations section of the firm’s website, www.goldmansachs.com/investor-relations. There is no charge to access the call. For those unable to listen to the live broadcast, a replay will be available on our website beginning approximately three hours after the event.

Please direct any questions regarding obtaining access to the conference call to Goldman Sachs Investor Relations, via e-mail, at gs-investor-relations@gs.com.