GOLDMAN SACHS GROUP INC
For the period ended Jun 30, 2026. Filed Aug 3, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 3, 2026
GS$910.19+0.4%Stored close · as of Nov 10, 2026
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Item 1. Consolidated Statements of Earnings
| Three MonthsEnded June | Six MonthsEnded June | |||
|---|---|---|---|---|
| in millions, except per share amounts | 2026 | 2025 | 2026 | 2025 |
| Revenues | ||||
| Investment banking | $3,400 | $2,194 | $6,244 | $4,110 |
| Investment management | 3,378 | 2,837 | 6,557 | 5,596 |
| Commissions and fees | 1,525 | 1,201 | 2,851 | 2,427 |
| Market making | 7,637 | 4,733 | 13,098 | 10,456 |
| Other principal transactions | 444 | 514 | 1,306 | 1,057 |
| Total non-interest revenues | 16,384 | 11,479 | 30,056 | 23,646 |
| Interest income | 22,047 | 19,789 | 42,684 | 39,172 |
| Interest expense | 18,093 | 16,685 | 35,175 | 33,173 |
| Net interest income | 3,954 | 3,104 | 7,509 | 5,999 |
| Total net revenues | 20,338 | 14,583 | 37,565 | 29,645 |
| Provision for credit losses | 102 | 384 | 417 | 671 |
| Operating expenses | ||||
| Compensation and benefits | 6,104 | 4,685 | 11,516 | 9,561 |
| Transaction based | 3,052 | 1,955 | 5,567 | 3,805 |
| Market development | 198 | 167 | 384 | 323 |
| Communications and technology | 635 | 530 | 1,218 | 1,036 |
| Depreciation and amortization | 509 | 618 | 1,004 | 1,124 |
| Occupancy | 244 | 234 | 498 | 467 |
| Professional fees | 372 | 440 | 751 | 864 |
| Other expenses | 559 | 612 | 1,161 | 1,189 |
| Total operating expenses | 11,673 | 9,241 | 22,099 | 18,369 |
| Pre-tax earnings | 8,563 | 4,958 | 15,049 | 10,605 |
| Provision for taxes | 1,935 | 1,235 | 2,791 | 2,144 |
| Net earnings | 6,628 | 3,723 | 12,258 | 8,461 |
| Preferred stock dividends | 229 | 250 | 456 | 405 |
| Net earnings applicable to common shareholders | $6,399 | $3,473 | $11,802 | $8,056 |
| Earnings per common share | ||||
| Basic | $21.27 | $11.03 | $38.99 | $25.32 |
| Diluted | $20.98 | $10.91 | $38.51 | $25.07 |
| Average common shares | ||||
| Basic | 300.1 | 313.7 | 301.9 | 317.2 |
| Diluted | 304.9 | 318.3 | 306.5 | 321.4 |
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