Equity Profile

GS

The Goldman Sachs Group, Inc.

FinancialsInvestment Banking & Brokerage$303.7B

Jul14Tue

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

The Goldman Sachs Group, Inc. (GS) is a leading global investment banking, securities, and investment management firm....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and is closely watched by investors.

$13.75

Revenue

Revenue reflects the overall business performance and growth potential of Goldman Sachs.

$15.8B

Wall Street expectations, options signals, track record, and call prep available with Pro.

GS Q2-2026 Earnings Preview

Context

Company Snapshot

The Goldman Sachs Group, Inc. (GS) is a leading global investment banking, securities, and investment management firm. Operating in the financial sector, Goldman Sachs plays a crucial role in capital markets, providing services to a diverse range of clients including corporations, financial institutions, and governments.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+14.79%

Avg Stock Reaction

+1.12%

Last Quarter Recap

In Q1-2026, Goldman Sachs reported an EPS of $17.55, exceeding expectations by 7.39%. However, the stock dropped 1.87% the following day, indicating mixed market reactions despite the strong earnings.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Goldman Sachs to report solid earnings, with a consensus EPS of $13.75 and revenue of $15.8B. The market is closely watching for any signs of continued growth or potential challenges.

Bull Case

If Goldman Sachs exceeds EPS expectations and demonstrates strong revenue growth, it could signal robust demand for its services and boost investor confidence.

Bear Case

Conversely, if the company fails to meet expectations or provides cautious guidance, it may raise concerns about future performance and lead to a decline in stock price.

Key Metrics to Watch

Earnings Per Share (EPS)

$13.75

EPS is a key indicator of the company's profitability and is closely watched by investors.

Revenue

$15.8B

Revenue reflects the overall business performance and growth potential of Goldman Sachs.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Goldman Sachs achieve an EPS of at least $13.75?

This figure is critical as it sets the benchmark for market expectations and could significantly influence stock performance.

How will revenue growth compare to the consensus estimate of $15.8B?

Revenue performance is a key indicator of the company's health and ability to generate profit, impacting investor sentiment.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Goldman Sachs' ability to leverage its investment banking services amid a recovering economy, potentially leading to stronger-than-expected revenue.

Supporting Evidence

Goldman Sachs has consistently beaten EPS estimates in the past quarters, indicating strong operational performance.

The options market is pricing a larger move than historical averages, suggesting that traders expect significant volatility.

Recent insider buying activity could signal confidence in the company's future performance.

Key Risk

If Goldman Sachs reports revenue below $15.3B, it could undermine the bullish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is pivotal as it will reveal how Goldman Sachs navigates current market conditions and investor expectations.

Bull Confirmed If

An EPS of $14.00 or higher, coupled with revenue exceeding $16.0B, would confirm strong operational performance.

Bear Confirmed If

An EPS below $13.00 and revenue falling short of $15.3B would raise concerns about the company's growth trajectory.

Pre-Earnings Positioning

Options Market

Implied Move

±9.16%

Historical Avg

±2.1%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating uncertainty about the upcoming earnings report.

Options are pricing ±9.2% while GS has averaged ±2.1% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

27.1%

Calls (1.4M)P/C Ratio: 0.25Puts (1.3M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 12 of 25 (48%)

This setup has occurred 30 times across Financials in the last 2 years. 12 of 25 faded and 13 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 2.4%, with a raw directional average of -0.0% (roughly flat historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Goldman Sachs beats expectations, history suggests the stock could rise by around 1.12%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line but management expresses caution, the stock may react modestly, reflecting investor uncertainty.

Miss

A miss on earnings could lead to a decline, with historical patterns indicating a potential drop of around 1.12% or more.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

R-FLMaria Elvira SalazarRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on investment banking deal flow and market conditions.
2Insights into trading volumes and performance in the securities division.
3Management's outlook on economic conditions and potential impacts on business.
4Discussion on cost management and efficiency improvements.
5Any commentary on client demand trends and new business initiatives.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Fastenal Company

Company Snapshot

The Goldman Sachs Group, Inc. (GS) is a leading global investment banking, securities, and investment management firm....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and is closely watched by investors.

$13.75

Revenue

Revenue reflects the overall business performance and growth potential of Goldman Sachs.

$15.8B

Wall Street expectations, options signals, track record, and call prep available with Pro.

GS Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+14.79%

Avg Stock Reaction

+1.12%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect Goldman Sachs to report solid earnings, with a consensus EPS of $13.75 and revenue of $15.8B. The market is closely watching for any signs of continued growth or potential challenges.

Bull Case

If Goldman Sachs exceeds EPS expectations and demonstrates strong revenue growth, it could signal robust demand for its services and boost investor confidence.

Bear Case

Conversely, if the company fails to meet expectations or provides cautious guidance, it may raise concerns about future performance and lead to a decline in stock price.

Key Metrics to Watch

Earnings Per Share (EPS)

$13.75

EPS is a key indicator of the company's profitability and is closely watched by investors.

Revenue

$15.8B

Revenue reflects the overall business performance and growth potential of Goldman Sachs.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Goldman Sachs achieve an EPS of at least $13.75?

This figure is critical as it sets the benchmark for market expectations and could significantly influence stock performance.

How will revenue growth compare to the consensus estimate of $15.8B?

Revenue performance is a key indicator of the company's health and ability to generate profit, impacting investor sentiment.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Goldman Sachs' ability to leverage its investment banking services amid a recovering economy, potentially leading to stronger-than-expected revenue.

Supporting Evidence

Goldman Sachs has consistently beaten EPS estimates in the past quarters, indicating strong operational performance.

The options market is pricing a larger move than historical averages, suggesting that traders expect significant volatility.

Recent insider buying activity could signal confidence in the company's future performance.

Key Risk

If Goldman Sachs reports revenue below $15.3B, it could undermine the bullish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is pivotal as it will reveal how Goldman Sachs navigates current market conditions and investor expectations.

Bull Confirmed If

An EPS of $14.00 or higher, coupled with revenue exceeding $16.0B, would confirm strong operational performance.

Bear Confirmed If

An EPS below $13.00 and revenue falling short of $15.3B would raise concerns about the company's growth trajectory.

Pre-Earnings Positioning

Options Market

Implied Move

±9.16%

Historical Avg

±2.1%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating uncertainty about the upcoming earnings report.

Options are pricing ±9.2% while GS has averaged ±2.1% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.3%

30d HV

27.1%

Calls (1.4M)P/C Ratio: 0.25Puts (1.3M)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Financials

n=30

Fade rate: 12 of 25 (48%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Goldman Sachs beats expectations, history suggests the stock could rise by around 1.12%, confirming strong demand and operational efficiency.

In-Line / Cautious

If results are in line but management expresses caution, the stock may react modestly, reflecting investor uncertainty.

Miss

A miss on earnings could lead to a decline, with historical patterns indicating a potential drop of around 1.12% or more.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

1 buy·0 sells

Members

House only

Est. Notional

$15,001.00–$50,000.00

disclosed dollar ranges

Most Active Members

R-FLMaria Elvira SalazarRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on investment banking deal flow and market conditions.
2Insights into trading volumes and performance in the securities division.
3Management's outlook on economic conditions and potential impacts on business.
4Discussion on cost management and efficiency improvements.
5Any commentary on client demand trends and new business initiatives.