GS
The Goldman Sachs Group, Inc.
Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for The Goldman Sachs Group, Inc..
Coverage
Two Segments Named Platform Fell Off a Cliff in the Same Quarter. One Was the Plan, the Other Was a Customer Leaving.
Goldman's Platform Solutions fell 64% and SoFi's Technology Platform fell 23% in the quarter ended 2026-06-30, both inside quarters the rest of the business made look excellent. The declines are the same shape and opposite diagnoses, and the number that separates them is a margin nobody printed.
We Published Four Bank Capital Ratios in One Week. The Highest One Got the Most Sceptical Adjective.
SoFi's CET1 is 18.7% and we called it capital piling up. Bank of America's is 11.2% and we called it real headroom. Both descriptions are correct, and the reason why is the only thing worth knowing about a regulatory ratio.
Goldman Sachs Q2 2026: Record Revenue, EPS Up 92% — And the Stock Got the Memo
Goldman Sachs posted record net revenue, record EPS, and record equities trading, and the stock jumped 9% — the sharpest reward of any big bank this earnings season. We break down why, and what it says about the AI capex cycle.
Earnings release dates
| Quarter | End date | Publication date | Release |
|---|---|---|---|
| 2026 Q2 | 2026-06-30 | 2026-07-14 | Details → |
| 2026 Q1 | 2026-03-31 | 2026-04-13 | Details → |
| 2025 Q4 | 2025-12-31 | 2026-01-15 | Details → |
| 2025 Q3 | 2025-09-30 | 2025-10-14 | Details → |
| 2025 Q2 | 2025-06-30 | 2025-07-16 | Details → |
| 2025 Q1 | 2025-03-31 | 2025-04-14 | Details → |
| 2024 Q4 | 2024-12-31 | 2025-01-15 | Details → |
| 2024 Q3 | 2024-09-30 | 2024-10-15 | Details → |
| 2024 Q2 | 2024-06-30 | 2024-07-15 | Details → |
| 2024 Q1 | 2024-03-31 | 2024-04-15 | Details → |
Company History
Marcus Goldman establishes commercial paper business in New York; pioneers commercial paper market, building foundation as trusted financier.
Becomes NYSE member; expands into stock trading and underwriting, establishing Goldman as a major player in capital markets.
Navigates crash and Depression with conservative balance sheet; partners with Sidney Weinberg to rebuild and grow post-crisis reputation.
Goes public in $3.7B IPO; transitions from partnership to corporation, raising capital for global expansion while maintaining elite culture.
Amid crisis, converts to bank holding company for Fed access; receives TARP funds (repaid quickly); cements 'too big to fail' status.
Launches Marcus by Goldman Sachs (online lending/savings); diversifies beyond traditional investment banking into retail.
David Solomon shifts toward asset/wealth management growth, efficiency, and reducing consumer banking exposure.
Q4 2025 earnings beat; 2026 guidance emphasizes AI agents (Anthropic partnership), client flywheel, and positioning for AI-driven markets.
