Goldman Sachs reported a sharp acceleration in profitability for the second quarter of 2026, with net income reaching $6.63 billion.

The figure represents a 78% increase compared to the same period last year, when the bank posted $3.72 billion in profit.

98, up from $10.91 in the prior-year quarter, signaling a robust recovery in the firm’s core revenue engines.

Diluted earnings per share (EPS) more than doubled to $20.98, up from $10.91 in the prior-year quarter, signaling a robust recovery in the firm’s core revenue engines.

The earnings beat was underpinned by a resurgence in deal-making activity and a record performance from the equities trading desk.

According to Infomoney, the investment bank capitalized on heightened market volatility and renewed corporate appetite for mergers and acquisitions.

The strong results reflect a broader stabilization in global capital markets, allowing Goldman to leverage its franchise advantages in both advisory and trading businesses.