---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-189212"
form_type: "8-K"
ticker: "GS"
cik: "0000886982"
company_name: "GOLDMAN SACHS GROUP INC"
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:44:38.928517+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Goldman Sachs Q2 EPS $3.08 vs $7.73 YoY; dividend raised 10% to $2.75

## Summary
- Net revenues $10.90B, down 8% YoY; net earnings $1.22B, down 58% YoY.
- Global Banking & Markets revenue $7.19B, down 14% YoY; Equities financing hit record.
- Asset & Wealth Management revenue $3.05B, down 4% YoY; record AUS of $2.71T.
- Operating expenses $8.54B including $504M goodwill impairment and ~$485M real estate impairments.
- Board approved 10% dividend increase to $2.75/share; $750M in share repurchases during Q2.

## SEC filing metadata
- accession: 0001193125-23-189212
- form_type: 8-K
- ticker: GS
- cik: 0000886982
- company_name: GOLDMAN SACHS GROUP INC
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886982/000119312523189212/0001193125-23-189212-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886982/000119312523189212/d523443d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-189212
- JSON: https://secwatch.observer/filing/0001193125-23-189212.json
- Plain text: https://secwatch.observer/filing/0001193125-23-189212.txt

## Key facts
- Earnings Releases
  GOLDMAN SACHS GROUP INC reported the second quarter ended June 30, 2023 results: revenue $10.90 billion, net income $1.22 billion, EPS $3.08.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $10.90 billion
  - Net income: $1.22 billion
  - EPS: $3.08
  - Result: reported results
  source text: and create significant value for shareholders.” - David Solomon , Chairman and Chief Executive Officer Financial Summary Net Revenues Net Earnings EPS 2Q23 $10.90 billion 2Q23 $1.22 billion 2Q23 $3.08 2Q23 YTD $23.12 billion 2Q23 YTD $4.45 billion 2Q23 YTD
  evidence_url: https://www.sec.gov/Archives/edgar/data/886982/000119312523189212/0001193125-23-189212-index.htm
- Earnings Releases
  GOLDMAN SACHS GROUP INC reported the first half of 2023 results: revenue $23.12 billion, net income $4.45 billion, EPS $11.91.
  - Period: the first half of 2023
  - Revenue: $23.12 billion
  - Net income: $4.45 billion
  - EPS: $11.91
  - Result: reported results
  source text: Net revenues were $23.12 billion and net earnings were $4.45 billion for the first half of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/886982/000119312523189212/0001193125-23-189212-index.htm

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