The Goldman Sachs Group, Inc. (GS) Revenue by Segment

Goldman Sachs revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Goldman Sachs's largest business segment was Global Banking and Markets, with $15.52 billion or 76% of revenue, up 53.2% from a year earlier. Next: Asset and Wealth Management (23%) and Platform Solutions (1%).

By region, Americas brought in 60%, EMEA brought in 22% and Asia brought in 18% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Global Banking and Markets (+53.2%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

The Goldman Sachs Group, Inc.

GSFinancial Services

United States

Financial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Global Banking and MarketsAsset and Wealth ManagementGlobal MarketsInvestment BankingAsset ManagementConsumer and Wealth ManagementInstitutional Client ServicesPlatform SolutionsOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Global Banking and Markets	USD 15.52B	76.3%	+53.2%
Asset and Wealth Management	USD 4.60B	22.6%	+20.0%
Platform Solutions	USD 221.00M	1.1%	-64.3%

Sum of items USD 20.34B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Global Banking and Markets	15.5B	12.7B	2.3B	10.1B	10.1B	10.7B	8.6B	8.6B	8.2B	9.7B	6.4B	8.0B	7.2B	8.4B	6.5B	7.6B	8.3B	10.1B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Asset and Wealth Management	4.6B	4.1B	891.0M	4.4B	3.8B	3.7B	4.9B	3.8B	3.9B	3.8B	4.7B	3.2B	3.0B	3.2B	3.6B	4.0B	3.2B	2.6B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Global Markets	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.6B	4.9B	7.6B	–	4.6B	7.2B	5.2B	3.5B	3.5B	3.7B	4.0B	–	–	–	–	–
Investment Banking	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.7B	3.6B	3.8B	–	2.0B	2.7B	2.2B	2.1B	1.8B	1.9B	1.7B	–	2.0B	1.8B	–	1.8B
Asset Management	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.3B	5.1B	4.6B	–	2.8B	2.1B	- 96.0M	3.0B	1.6B	2.5B	1.8B	–	–	–	–	–
Consumer and Wealth Management	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.0B	1.7B	1.7B	–	1.5B	1.4B	1.5B	1.4B	1.3B	1.2B	1.2B	–	–	–	–	–
Institutional Client Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.4B	3.6B	4.4B	–	3.1B
Platform Solutions	221.0M	411.0M	511.0M	670.0M	619.0M	610.0M	371.0M	391.0M	669.0M	698.0M	257.0M	578.0M	659.0M	564.0M	513.0M	378.0M	343.0M	268.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Investing and Lending	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.2B	2.1B	–	1.9B
Investment Management	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.8B	1.8B	–	1.5B
Investment Banking Underwriting	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	843.0M	1.2B	1.2B	–	886.0M
Investment Banking Financial Advisory	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.2B	804.0M	586.0M	–	911.0M
Institutional Client Services Fixed Income Currency and Commodities Client Execution	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	822.0M	–	–	–	–
Institutional Client Services Commissions and Fees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	801.0M	–	–	–	–
Investment Banking Debt Underwriting	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	528.0M	–	–	–	–
Institutional Client Services Securities Services	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	402.0M	–	–	–	–
Institutional Client Services Equities Client Execution	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	401.0M	–	–	–	–
Investment Banking Equity Underwriting	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	315.0M	–	–	–	–
Investment Management Transaction Revenues	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	186.0M	–	–	–	–
Investment Management Incentive Fees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	153.0M	–	–	–	–

Goldman Sachs revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Global Banking and Markets	$15.5B	$12.7B	$10.1B	$10.1B	76%
Asset and Wealth Management	$4.6B	$4.1B	$4.4B	$3.8B	23%
Platform Solutions	$221.0M	$411.0M	$670.0M	$619.0M	1%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Goldman Sachs revenue by region, last 4 quarters

Region	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Americas	$12.2B	$10.4B	$10.0B	$9.0B	60%
EMEA	$4.5B	$3.8B	$3.2B	$3.8B	22%
Asia	$3.6B	$3.0B	$2.0B	$1.8B	18%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Goldman Sachs's business segments?

Global Banking and Markets, Asset and Wealth Management and Platform Solutions (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Goldman Sachs?

Global Banking and Markets: $15.52 billion, or 76% of revenue, in Q2 fiscal 2026.

Where does Goldman Sachs make its money?

By region in Q2 fiscal 2026: Americas (60%), EMEA (22%) and Asia (18%).

MoreGoldman Sachs stock overview Goldman Sachs financials Goldman Sachs executive team Goldman Sachs shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.