Goldman Sachs Reports Q3 2026 Results: Diluted EPS of $17.01 on Net Revenues of $18.68B

Executive Summary

On October 13, 2026, The Goldman Sachs Group, Inc. (NYSE: GS) filed Form 8-K disclosing its financial results for the third quarter ended September 30, 2026 under Items 2.02 and 7.01.

Key Financial Highlights

• Net Revenues: Reported at $18.68 billion, up 23% year-over-year compared to Q3 2025, driven primarily by strong performance in Global Banking & Markets, though down 8% sequentially from Q2 2026.
• Net Earnings: Totaled $5.29 billion for the third quarter and $17.55 billion for the first nine months of 2026.
• Diluted EPS: Reached $17.01, a significant expansion from $12.25 in Q3 2025, bringing year-to-date EPS to $55.56 (compared to $37.33 in the prior-year period).
• Profitability Metrics:
  • Annualized Return on Average Common Shareholders' Equity (ROE) stood at 18.7% for the quarter (20.7% YTD).
  • Book value per share increased to $372.64, representing a 1.4% increase during Q3 and a 4.2% increase year-to-date.

Segment Performance Highlights

• Global Banking & Markets: Generated net revenues of $13.46 billion, representing a 32% YoY increase, reflecting strong client activity despite a 13% sequential drop from Q2 2026.
• Investment Banking Fees: Reached $3.22 billion, climbing 21% YoY, driven by robust advisory revenues.