Goldman Sachs Earns $4.19-B In Q1

Goldman Sachs' stock traders posted their highest quarterly revenue on record, driven by market volatility stemming from the global trade war.

Goldman Sachs grew revenue in its trading division by nearly 50% in 2024.

Equity-trading revenue rose 27% year-on-year to $4.19 billion in the first quarter of 2025, Bloomberg News.

The strong performance follows a trend set last week, when peers including JPMorgan and Morgan Stanley also reported record-breaking stock-trading revenue. It builds on a successful 2024 for Goldman, during which the New York-based bank grew revenue in its trading division by nearly 50%.

“While we are entering the second quarter with a markedly different operating environment than earlier this year, we remain confident in our ability to continue to support our clients,” said CEO David Solomon.