Goldman Sachs (GS) Earnings: Q3 2026 Results and Next Report Date

The quarter ended September 30, 2026 and Goldman Sachs published the results on October 13, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

• Revenue on this page is Goldman Sachs' total net revenues, the line its release calls revenue. It is stated after interest expense, which was $19,023 million in Q3 2026.
• Beginning in the fourth quarter of 2025 Goldman Sachs changed its segments, moving the transaction banking business from Platform Solutions into Global Banking & Markets (reported in Other). Year-ago segment figures are as shown in the Q3 2026 release.
• In December 2025 Goldman Sachs agreed to transition the Apple Card program to another issuer, and the Apple Card loan portfolio was transferred to held for sale in the fourth quarter of 2025.

Source: Goldman Sachs Q3 2026 earnings release, October 13, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Goldman Sachs splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Goldman Sachs's Global Banking & Markets revenue was $13.5 billion in Q3 2026, up 32% from $10.2 billion in Q3 2025, 72% of total revenue.
• Goldman Sachs's Asset & Wealth Management revenue was $5.1 billion in Q3 2026, up 14% from $4.4 billion in Q3 2025, 27% of total revenue.
• Goldman Sachs's Platform Solutions revenue was $170 million in Q3 2026, down 72% from $598 million in Q3 2025, under 1% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

Total net revenues and diluted EPS from each quarter's earnings release. Goldman Sachs reports EPS on a GAAP basis only.

Goldman Sachs's next report is scheduled for January 19, 2027. This page will show Q3 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Oct 13, 2026

Goldman Sachs reported total net revenues of $18,679 million in Q3 2026, up 23% from $15,184 million a year earlier and its second highest quarterly net revenues. Global Banking & Markets produced $13,458 million, Asset & Wealth Management $5,051 million and Platform Solutions $170 million. Global Banking & Markets earns investment banking fees, revenue from FICC and Equities intermediation and financing, and relationship lending, according to Goldman's 2025 Form 10-K. (Goldman Sachs Q3 2026 earnings release, Oct 13, 2026; Goldman Sachs Q3 2026 earnings results presentation, Oct 13, 2026; Goldman Sachs Form 10-K, 2025, Feb 25, 2026)

Equities accounted for most of the increase in Global Banking & Markets. Equities net revenues were $6,441 million, up 72%, including record Equities financing of $3,365 million, up 96% on prime financing and portfolio financing. Investment banking fees rose 21% to $3,224 million, with record Advisory net revenues of $1,654 million on higher completed M&A volumes. FICC was essentially unchanged at $3,471 million: intermediation fell in mortgages, credit products and interest rate products, partly offset by currencies, commodities and higher financing revenues. (Goldman Sachs Q3 2026 earnings release, Oct 13, 2026; Goldman Sachs Q3 2026 earnings results presentation, Oct 13, 2026)

Asset & Wealth Management net revenues rose 14% to $5,051 million. Management and other fees reached a record $3,587 million on higher average assets under supervision, and incentive fees rose to $587 million from $76 million on fund distributions. Assets under supervision increased $56 billion in the quarter to a record $4.10 trillion, with $97 billion of long-term net inflows. (Goldman Sachs Q3 2026 earnings release, Oct 13, 2026; Goldman Sachs Q3 2026 earnings results presentation, Oct 13, 2026)

Platform Solutions net revenues fell 72% to $170 million, primarily on net markdowns related to the Apple Card loan portfolio, which Goldman transferred to held for sale after agreeing in December 2025 to move the Apple Card program to another issuer. By region, the Americas generated $11,674 million (63%) of net revenues, EMEA $3,205 million (17%) and Asia $3,800 million (20%), against $2,001 million for Asia a year earlier. (Goldman Sachs Q3 2026 earnings release, Oct 13, 2026; Goldman Sachs Form 10-Q, Q3 2026, Nov 2, 2026)

Goldman Sachs' diluted EPS was $17.01 in Q3 2026, up 39% from $12.25, and Goldman reports no adjusted EPS figure. Net earnings were $5,294 million, and net earnings to common, after $172 million of preferred stock dividends, were $5,122 million. Charitable contributions to Goldman Sachs Gives, booked in other expenses, reduced diluted EPS by approximately $1.00. (Goldman Sachs Q3 2026 earnings release, Oct 13, 2026; Goldman Sachs Q3 2026 earnings results presentation, Oct 13, 2026)

Operating expenses rose 20% to $11,308 million, mainly from transaction based expenses of $3,021 million (up 54%) and compensation and benefits of $5,122 million. Provision for credit losses was $368 million, primarily impairments related to wholesale loans. The efficiency ratio was 60.5% for the quarter and 59.4% for the first nine months of 2026. (Goldman Sachs Q3 2026 earnings release, Oct 13, 2026; Goldman Sachs Q3 2026 earnings results presentation, Oct 13, 2026)

Diluted average common shares fell to 301.1 million from 315.0 million. In the quarter Goldman repurchased 2.9 million shares for $3.00 billion, at an average cost of $1,048.73, and paid $1.49 billion of common stock dividends. The effective tax rate for the first nine months was 20.4%, up from 18.5% for the first half, primarily because tax benefits on the settlement of employee share-based awards had less impact. (Goldman Sachs Q3 2026 earnings release, Oct 13, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Goldman Sachs does not publish a numeric outlook in its earnings release. The release says the firm's results and outlook are discussed on a conference call at 9:30 am (ET) on the day of the report. It also says the Investment banking fees backlog decreased compared with the end of the second quarter of 2026 and decreased slightly compared with the end of 2025. (Goldman Sachs Q3 2026 earnings release, Oct 13, 2026)

During Q3 2026 Goldman announced agreements to acquire NEOS Investments and LCN Capital Partners. In the second quarter it completed the acquisition of Innovator Capital Management, an active exchange-traded fund sponsor, for approximately $1.50 billion in cash plus equity with a fair value of approximately $400 million. (Goldman Sachs Q3 2026 earnings results presentation, Oct 13, 2026; Goldman Sachs Form 10-Q, Q3 2026, Nov 2, 2026)

A consensus figure is the average of the models published by the analysts who cover Goldman Sachs, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Goldman Sachs's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning GS is on is GS a buy or a sell?, what analysts expect next is on the GS forecast, and what the company does is on the Goldman Sachs (GS) stock page.

Every number on this page can be traced to a document Goldman Sachs published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.