Goldman Sachs Q3 EPS $17.01 Beats Year-Ago, Equities Revenue Surges 72%
GS sits 23% above its 52-week low of $740.01.
Summary
Goldman Sachs reported Q3 2026 diluted EPS of $17.01, up 39% year-over-year, on net revenues of $18.68B. Equities revenue jumped 72% and Advisory hit a record, while the firm returned $4.49B to shareholders.
Updates
· Wiseek News — Goldman Sachs joins Nvidia and five banks to launch compute platforms aiming to raise over $500 billion in third-party capital for AI infrastructure.
· Dow Jones Newswires — Goldman shares rose slightly while the KBW Nasdaq Bank index fell over 1%, as executives cited multiyear investments in Asia and noted deleveraging and disruption in financing during Q3.
- The collapse of heavily-leveraged hedge fund Situational Awareness contributed to financing deleveraging and disruption.
· dpa-AFX — Net earnings applicable to common shareholders were $5.12 billion, with provision for credit losses of $368 million and operating expenses of $11.31 billion.
Key Events · Earnings and Guidance · GS
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Q3 EPS $17.01, Up 39% YoY
Diluted EPS of $17.01 for Q3 2026 versus $12.25 a year ago, on net earnings of $5.29B. Net revenues of $18.68B were 23% higher YoY and the second-highest quarterly figure in firm history.
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Equities Revenue Surges 72%
Equities net revenues of $6.44B rose 72% YoY, driven by record Equities financing ($3.37B, up 96%) and strong intermediation ($3.08B, up 52%). Advisory fees hit a record $1.65B.
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Record AUS of $4.10 Trillion
Assets under supervision reached a record $4.10 trillion, up $56B during the quarter, with $97B of long-term net inflows. Management and other fees hit a record $3.59B.
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$4.49B Returned to Shareholders
The firm repurchased 2.9M shares for $3.00B at an average cost of $1,048.73 and paid $1.49B in common dividends. A $5.00 per share dividend was declared for Q4, payable December 30, 2026.
Analysis · GS · Finance
A standout third quarter for Goldman Sachs, with diluted EPS of $17.01—up 39% year-over-year—fueled by a 72% surge in Equities net revenues and record Advisory fees. Net revenues of $18.68B rank as the second-highest quarterly figure in firm history, though down 8% sequentially from Q2's record. The firm returned $4.49B to shareholders via buybacks and dividends, and declared a $5.00 quarterly dividend. The results confirm the Global Banking & Markets franchise is firing on all cylinders even as FICC intermediation softened and Platform Solutions continued to shrink.
How filings like this one have moved
In the 30 days to Oct 30, 2026, 30.6% of the 1568 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GS was trading at $913.05 on NYSE in the Finance sector, with a market capitalization of approximately $260.3B. The 52-week trading range was $740.01 to $1,153.99. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.