GS Goldman Sachs Delivers Massive Q1 Beat as Equities Trading and Advisory Revenue Surge

Goldman Sachs Delivers Massive Q1 Beat as Equities Trading and Advisory Revenue Surge.

Apr 13, 2026

∙ Paid

GS 0.00%↑ Goldman Sachs delivered stellar earnings this morning.

Goldman said revenue in its equity trading division rose 27% to a record $5.3 billion. Dealmaking fees jumped 48% to $1.5 billion over the same period, driven by its M&A advisory unit.

Within its fixed income, currencies, and commodities intermediation business, revenue fell 13% from the first quarter of 2025 to $4 billion. Analysts were expecting $855 million more.

GS stock chart showing Q1 2026 breakout above resistance.

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