GS · News · 20260916N

Operating Expense Trends

GOLDMAN SACHS GROUP INC · 2026-09-16 · Importance 28 · Surprise 42

Goldman Sachs expects higher expenses in the third quarter, according to reporting on CEO David Solomon’s comments. Technology investments are contributing to the increased cost base. The reported expense pressure is occurring alongside weaker FICC trading performance, creating a potential margin headwind for the quarter. No dollar amount for the technology investment or total expense increase was reported.

Key facts

• Goldman Sachs shares fell 4% after CEO David Solomon warned of softer fixed-income trading and higher expenses for the third quarter. source