---
schema_version: "secwatch.filing_event.v1"
accession: "0000886982-26-000004"
form_type: "8-K"
ticker: "GS"
cik: "0000886982"
company_name: "GOLDMAN SACHS GROUP INC"
filed_at: "2026-01-08T23:59:59+00:00"
generated_at: "2026-05-16T11:18:19.880851+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Goldman Sachs to exit Apple Card, restructures segments; Q4 EPS to get $0.46 boost

## Summary
- Entered agreement to transition Apple Card program to new issuer; expected to close in ~24 months.
- Q4 2025 EPS to increase $0.46 from $2.48B reserve release, offset by $2.26B revenue markdown and $38M expenses.
- Segment restructuring effective Q4 2025: transaction banking moves to Global Banking & Markets; Platform Solutions narrows focus.
- Historical segment results (2021–2025) restated on comparable basis; no change to total net revenues or pre-tax earnings.
- Firm continues to operate in three segments: Global Banking & Markets, Asset & Wealth Management, Platform Solutions.

## SEC filing metadata
- accession: 0000886982-26-000004
- form_type: 8-K
- ticker: GS
- cik: 0000886982
- company_name: GOLDMAN SACHS GROUP INC
- filed_at: 2026-01-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886982/000088698226000004/0000886982-26-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886982/000088698226000004/gs-20260107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000886982-26-000004
- JSON: https://secwatch.observer/filing/0000886982-26-000004.json
- Plain text: https://secwatch.observer/filing/0000886982-26-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.