Goldman Sachs is set to report second-quarter 2026 earnings before market open on July 14, with GS stock up 21% year-to-date, driven by a rebound in investment banking and trading activity across Wall Street.
Wall Street analysts are forecasting Q2 earnings per share of approximately $14.34 to $14.47, according to Perplexity, with revenue estimates centered near $16.49 billion, representing a 13.1% year-over-year increase from the year-ago quarter, according to Zacks Investment Research. The earnings report follows a strong first quarter in which Goldman reported $17.55 per share in earnings—a 24% increase—on revenue of $17.23 billion, up 14%, according to CNBC and Investor’s Business Daily.
For Q2 specifically, investment banking revenue could jump 26% and trading revenue could rise 14% from a year ago, according to KBW analyst Chris McGratty quoted by CNBC. These gains reflect broader strength in the banking sector, where dealmaking and market volatility have fueled both advisory fees and trading desks. In Q1 2026, Goldman’s investment banking fees surged 48% to $2.84 billion, more than offsetting softness in other areas, according to The Motley Fool.
The rebound in investment banking has been a key driver of GS stock’s year-to-date performance. As investment banking continues to recover from prior weakness, analysts have cited the strength of dealmaking and capital markets activity as primary catalysts. Goldman recently signaled confidence in its outlook by raising its quarterly dividend by 11% to $5.00 per share, as reported by The Motley Fool on June 30, 2026.
The earnings come as the broader banking sector kicks off what many expect to be a strong quarter. JPMorgan Chase and Bank of America are also reporting results on July 14, marking a key test of Wall Street’s profitability in an environment shaped by higher trading volumes and a rebound in mergers and acquisitions. The S&P 500 finance sector is expected to post 12.5% earnings growth in Q2 2026, according to Money Morning.
Sources
- Robinhood — GS stock 21% year-to-date gain and Q2 2026 earnings date
- Stock Analysis — GS stock 21% year-to-date performance and July 14 earnings date
- Zacks Investment Research — Q2 2026 revenue consensus estimate of $16.49 billion and 13.1% YoY growth
- Perplexity — Q2 EPS forecast range of $14.34–$14.47
- CNBC — Investment banking revenue up 26%, trading revenue up 14%, and Q1 2026 revenue of $17.23 billion
- Investor’s Business Daily — Q1 2026 EPS of $17.55 (24% increase) and revenue growth to $17.28 billion
- The Motley Fool — Q1 2026 investment banking fees up 48% to $2.84 billion and dividend raise to $5.00 per share
- Money Morning — S&P 500 finance sector expected 12.5% earnings growth in Q2 2026
