$38.4B 123.1%Beat EPS +45.0%
Total revenue, Q2 '26 (USD).

Did Goldman Sachs Beat Earnings?

Goldman Sachs (GS) reported Q2 '26 revenue of $38.4B, up 22.9% year-over-year, with reported EPS of $20.98. That topped the $14.47 analyst estimate by 45.0% — an earnings beat.

AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — Goldman Sachs’s job postings, web traffic, and employee business outlook. See the full GS stock analysis or the earnings calendar for upcoming reports.

GS Earnings Surprise History (EPS vs. Estimate)

QuarterEstimated EPSReported EPSSurprise
Q2 '26 $14.47 $20.98 Beat +45.0%
Q1 '26 $16.24 $17.55 Beat +8.1%
Q4 '25 $11.76 $14.01 Beat +19.1%
Q3 '25 $11.09 $12.25 Beat +10.5%
Q2 '25 $9.62 $10.91 Beat +13.4%
Q1 '25 $12.29 $14.12 Beat +14.9%

Goldman Sachs Quarterly Financial Trends (USD)

MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Revenue31.5B32.2B31.6B31.3B32.2B30.1B17.2B38.4B
Gross margin39.0%41.9%46.8%45.4%46.2%51.7%98.2%52.7%
Operating margin12.6%16.3%17.9%15.9%16.8%19.4%37.7%30.0%
Net income2.99B4.11B4.74B3.72B4.1B4.62B5.63B6.63B
Net margin9.5%12.8%15.0%11.9%12.7%15.3%32.7%17.2%
EPS$9.02$10.97$14.12$10.91$12.25$14.01$17.55$20.98

Goldman Sachs Earnings Trend Analysis

Over the eight quarters from Q3 '24 to Q2 '26, Goldman Sachs’s quarterly revenue moved from $31.5B to $38.4B. Net margin expanded from 9.5% to 17.2%, against a 52.7% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. Goldman Sachs has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.

When Is Goldman Sachs’s Next Earnings Date?

Goldman Sachs reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the GS earnings calendar.

Frequently Asked Questions: Goldman Sachs Earnings

Goldman Sachs's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.

Goldman Sachs reported Q2 '26 EPS of $20.98 on revenue of $38.4B (+22.9% YoY). Goldman Sachs beat estimates, reporting $20.98 vs. the $14.47 estimate.

Goldman Sachs reported Q2 '26 revenue of $38.4B, up 22.9% from the same quarter a year earlier.

Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the GS AI Score.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.