Goldman Sachs and JPMorgan: Goldman’s Q3 Earnings Surge as JPMorgan Misses Revenue Estimates
- Goldman Sachs reported Q3 2026 net revenue of $18.679 billion, up 23% year-on-year, while net income rose 29% to $5.294 billion and diluted EPS increased 39% to $17.01.
- Goldman’s equity trading revenue surged 72% year-on-year to $6.44 billion, beating analyst expectations despite falling from the record $7.42 billion reported in Q2.
- Goldman’s fixed income, currencies and commodities trading revenue came in at $3.47 billion, below expectations and down nearly 1% year-on-year. Investment banking fees reached $3.22 billion, while Asset & Wealth Management revenue rose 14% to $5.05 billion.
- JPMorgan Chase reported adjusted Q3 revenue of $50.91 billion, below the $51.37 billion expected by analysts.
- JPMorgan’s FICC trading revenue reached $5.37 billion, below expectations of $6 billion, while equity trading revenue came in at $4.95 billion, exceeding estimates of $4.47 billion.
$JPM $GS
- Goldman Sachs reported Q3 2026 net revenue of $18.679 billion, up 23% year-on-year, while net income rose 29% to $5.294 billion and diluted EPS increased 39% to $17.01.
- Goldman’s equity trading revenue surged 72% year-on-year to $6.44 billion, beating analyst expectations despite falling from the record $7.42 billion reported in Q2.
- Goldman’s fixed income, currencies and commodities trading revenue came in at $3.47 billion, below expectations and down nearly 1% year-on-year. Investment banking fees reached $3.22 billion, while Asset & Wealth Management revenue rose 14% to $5.05 billion.
- JPMorgan Chase reported adjusted Q3 revenue of $50.91 billion, below the $51.37 billion expected by analysts.
- JPMorgan’s FICC trading revenue reached $5.37 billion, below expectations of $6 billion, while equity trading revenue came in at $4.95 billion, exceeding estimates of $4.47 billion.
$JPM $GS