GS · News · 20261021N
Quarterly Earnings Performance
GOLDMAN SACHS GROUP INC · 2026-10-21 · Importance 41 · Surprise 48 · In source text
Goldman Sachs reported third-quarter EPS of $17.01 versus the $12.86 consensus estimate, while revenue increased 23% year over year. Equities revenue rose 72% year over year, reflecting strong activity in AI and semiconductor-related trades. Asset and Wealth Management revenue increased 10% sequentially from the second quarter, and return on common equity reached 18.7%. Management described net revenues as the second highest in the firm’s history.
Key facts
- Goldman Sachs reported third-quarter EPS of $17.01 against an estimated $12.86 and revenue up 23% year-over-year. source
- Goldman Sachs' asset and wealth management revenue rose 10% from the second quarter. source
- Goldman Sachs reported return on common equity of 18.7%. source
- Goldman Sachs has beaten earnings estimates in each of the last four quarters. source
- Shares of Goldman Sachs rose 2.1% after reporting quarterly results. source
- Goldman Sachs management said net revenues were the second highest in the firm's history. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | — | Goldman Sachs reported third-quarter EPS of $17.01 against an estimated $12.86 and revenue up 23% year-over-year. |
| net_income | positive | realized | — | Goldman Sachs reported third-quarter EPS of $17.01 against an estimated $12.86 and revenue up 23% year-over-year. |