The Goldman Sachs Group, Inc. (NYSE: GS) reported net revenues of $20.34 billion and net earnings of $6.63 billion for the second quarter ended June 30, 2026, the New York-based bank said on July 14. Diluted earnings per common share was $20.98 for the period.
The figures were released during the mid-July window in which the largest US banks report quarterly results. Goldman Sachs reports through three business segments, Global Banking & Markets, Asset & Wealth Management, and Platform Solutions.
Goldman Sachs said its full second quarter figures were set out in earnings results and an accompanying presentation, both published on July 14. The summary release did not break the headline figures down by division.
#Goldman Sachs Posts $20.98 in Diluted Earnings Per Share
Diluted earnings per common share was $20.98 for the second quarter of 2026.
The firm reported net earnings of $6.63 billion for the three months to June 30.
Net revenues totaled $20.34 billion for the quarter.
#Return on Equity Was 23.5% for the Second Quarter
Annualized return on average common shareholders' equity was 23.5% for the second quarter of 2026.
The company reported the figure on an annualized basis, alongside its headline earnings and revenue results for the period.
#Solomon Cites Momentum Across Banking and Asset Management
"Our record performance this quarter reflects the strength of our global franchise, the depth of our relationships, and our ability to harness the power of One Goldman Sachs," David Solomon, Chairman and CEO, said in the earnings release.
Solomon said momentum had accelerated across the firm's businesses and that clients were turning to the company on strategic transactions. He said Goldman Sachs was continuing to pursue its long-term growth strategy across Global Banking & Markets and Asset & Wealth Management.
Large US banks typically report second quarter results in mid-July, and their disclosures are followed as an early read on capital markets and lending activity for the period. Goldman Sachs generates revenue primarily from advisory and financing work, trading across fixed income and equities, and fee-based asset and wealth management.
Goldman Sachs is one of several large US institutions active in investment banking, trading, and asset management. It competes with firms including Morgan Stanley, JPMorgan Chase, Bank of America, and Citigroup, which report quarterly results in the same period.
The second quarter results cover the three months from April through June 2026. Goldman Sachs reports earnings each quarter, and the announcement represents the firm's first public disclosure of its headline figures for the period ahead of more detailed regulatory filings.
Detailed divisional results, capital ratios, and expense figures are typically disclosed in the full earnings materials rather than the summary announcement. Goldman Sachs directed investors and analysts to those documents and to its scheduled conference call for further detail on the quarter.
The company said it would host a conference call to discuss the results at 9:30 a.m. Eastern time on July 14. The call was open to the public and accessible as an audio webcast through the investor relations section of the firm's website, with a replay available roughly three hours after the event.
Forward-looking statements attributed to management, including expectations for continued activity, depend on market conditions, transaction pipelines, and the broader economic environment. The release did not include specific financial guidance for future quarters. Results in investment banking and trading can vary from quarter to quarter with deal flow and market conditions.
Solomon said the firm expected its "flywheel of activity" to continue across its two divisions, citing what it saw in its pipelines. Deal timing, market volatility, and macroeconomic conditions remain risks to that outlook.