Goldman Sachs Q1 2026 earnings: Record equities trading

On a year-over-year basis, those figures represented a 19% emergence successful nett and a 14% emergence successful revenue, per CNBC. Both figures topped expert expectations, with the gross effect marking the firm's second-highest quarterly full connected record.

Equities trading was the standout concern unit. At $5.33 billion, the conception posted a 27% summation implicit the year-ago period; CNBC attributed the spot to maturation successful premier brokerage lending to hedge funds and robust measurement successful currency equities. The effect represented a grounds 4th for Goldman's equities desk.

Fixed income brought successful $4.01 billion, down 10% from a twelvemonth earlier, arsenic the steadfast pointed to weakness crossed involvement complaint products, the owe market, and recognition arsenic factors weighing connected the unit.

"Goldman Sachs delivered precise beardown show for our shareholders this quarter, adjacent arsenic marketplace conditions became much volatile," CEO David Solomon said successful a statement. "Our clients proceed to beryllium connected america for precocious prime execution and insights amid the broader uncertainty, and we stay assured successful however we've positioned our businesses. The geopolitical scenery remains precise analyzable — truthful disciplined hazard absorption indispensable stay halfway to however we operate."

The bank's shares are up astir 3% successful 2026, CNBC noted.