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Goldman Sachs Group (GS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 14, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

14.15

Last Year’s EPS

10.91

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 13 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 13, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call emphasized a strong quarter with multiple record and near-record outcomes (net revenue, EPS, GBM revenue, equities revenues, AUM/AUS and sustained long-term inflows). Management highlighted strategic wins (Innovator acquisition), digital engagement growth, and continued capital returns while retaining a regulatory capital buffer. Offsetting items included increased macro volatility, some FICC sub‑segment weakness (rates and mortgages), higher provisions ($315M) tied to loan growth and impairments, elevated non‑compensation (transaction) expenses that pushed the efficiency ratio slightly above target, and a quarterly CET1 decline driven by RWA growth and large buybacks. On balance, the positive operational and franchise metrics materially outweigh the measured headwinds and one‑time/regulatory driven capital deployment choices.

Company Guidance

Management's forward-looking guidance emphasized a full‑year effective tax rate of ~20%, a continued push toward a 60% efficiency ratio (Q1 was 60.5%), and a conservative capital posture with CET1 at 12.5% (110 bps above the 11.4% requirement) to allow continued deployment into client franchises (prime brokerage, acquisition financing) while returning $6.4 billion to common shareholders this quarter (record $5.0 billion repurchases and $1.4 billion dividends). They said Platform Solutions revenues (Q1 $411M) should run lower for the rest of the year, alternatives fundraising is on track after $26 billion raised in Q1 (alternatives AUS $429B; private credit raised $10B toward a ~$300B private‑credit target), and they expect to prudently grow financing (FICC + equities financing $3.7B; equities financing $2.6B, +59% YoY) supported by a $253B loan book and Q1 net interest income of $3.7B, while accelerating One GS 3.0 cloud/data/AI investments to improve operating leverage and returns.

Strong overall financial performance

Net revenues of $17.2B, net earnings of $5.6B and EPS of $17.55 (all the second-highest in Goldman Sachs history), producing ROE of 19.8% and ROTE of 21.3%.

Record Global Banking & Markets results

Global Banking & Markets generated record quarterly revenues of $12.7B and produced an ROE above 22%, driven by strong client engagement across FICC and equities.

Investment banking / Advisory surge

Advisory revenues of $1.5B, up 89% year-over-year; Goldman retained #1 M&A advisor ranking with a $150B announced volume lead versus the closest peer. Notable closed/announced deals include Unilever/McCormick ($43B), Sysco/Jetro ($29B) and Cortera/Devon ($26B). Backlog remained at its highest level in four years.

Equities and financing strength

Record equities net revenues of $5.3B. Equities intermediation revenues of $2.7B (+7% YoY) and equities financing revenues of $2.6B (+59% YoY). Combined FICC and equities financing revenues were $3.7B (+36% YoY) and comprised nearly 40% of total FICC and equities revenues.

Asset & Wealth Management inflows and record AUM/AUS

Total assets under supervision reached a record $3.7T. Long‑term fee‑based net inflows were $62B (33rd consecutive quarter of long-term fee inflows). Management & other fees rose 14% YoY to $3.1B. Alternatives fundraising totaled $26B in the quarter (private credit $10B).

Strategic acquisitions and product expansion

Closed Innovator acquisition adding ~$31B in assets under supervision across ~170 ETFs, positioning Goldman in the top 10 of global active ETF providers and expanding product distribution.

Capital returns while maintaining regulatory buffer

Returned $6.4B to common shareholders, including record common stock repurchases of $5.0B and dividends of $1.4B. Common Equity Tier 1 ratio was 12.5% (110 bps above the current requirement of 11.4%).

Digital and client engagement momentum

Marquee monthly average users rose over 30% year-over-year and the global investment research portal recorded its second-highest single day of client activity in early March, indicating elevated digital engagement.

Goldman Sachs Group (GS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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GS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 14, 2026	2026 (Q2)	14.15 / -	10.91	―	―	―
Apr 13, 2026	2026 (Q1)	16.47 / 17.55	14.12	24.29% (+3.43)
Jan 15, 2026	2025 (Q4)	11.70 / 14.01	11.95	17.24% (+2.06)
Oct 14, 2025	2025 (Q3)	11.03 / 12.25	8.4	45.83% (+3.85)
Jul 16, 2025	2025 (Q2)	9.65 / 10.91	8.62	26.57% (+2.29)
Apr 14, 2025	2025 (Q1)	12.32 / 14.12	11.58	21.93% (+2.54)
Jan 15, 2025	2024 (Q4)	8.21 / 11.95	5.48	118.07% (+6.47)
Oct 15, 2024	2024 (Q3)	6.89 / 8.40	5.47	53.56% (+2.93)
Jul 15, 2024	2024 (Q2)	8.31 / 8.62	3.08	179.87% (+5.54)
Apr 15, 2024	2024 (Q1)	8.71 / 11.58	8.79	31.74% (+2.79)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 13, 2026	$903.82	$886.88	-1.87%
Jan 15, 2026	$923.72	$966.49	+4.63%
Oct 14, 2025	$775.38	$759.60	-2.04%
Jul 16, 2025	$688.65	$694.83	+0.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.