The financials
S&P Global by the numbers
S&P Global (SPGI) reported revenue of $4.17B in Q1 2026 (quarter ended March 31, 2026), up 10% from the same quarter a year earlier. That came with a gross margin of 70% and net income of $1.40B (33% of revenue). For the full year FY2025, revenue was $15.3B (+7.9% year on year) and net income $4.47B. Its largest segment in 2026-Q1 was Market Intelligence at $1.29B, 31% of the disclosed total, just ahead of Ratings at 30%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $4.17B | $3.78B | +10% |
| Gross profit | $2.94B | $2.62B | +12% |
| Operating income | $2.00B | $1.58B | +27% |
| Net income | $1.40B | $1.09B | +28% |
| Diluted EPS | $4.69 | $3.54 | +32% |
| Operating | Revenue | Share |
|---|---|---|
| Market Intelligence | $1.29B | 31% |
| Ratings | $1.26B | 30% |
| Energy | $652M | 16% |
| Indices | $516M | 12% |
| Mobility | $454M | 11% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $4.17B (-1.9%)
Indices grew +17% year on yearEnergy +6.5% year on year
Segment Latestquarter on quarteryear on year
- Market Intelligence$1.29B$1.29BQoQ +4.9%year on year +8.0%+4.9%+8.0%
- Ratings$1.26B$1.26BQoQ +5.1%year on year +14%+5.1%+14%
- Energy$652.0M$652.0MQoQ -year on year +6.5%-+6.5%
- Indices$516.0M$516.0MQoQ +12%year on year +17%+12%+17%
- Mobility$454.0M$454.0MQoQ +25%year on year +8.1%+25%+8.1%
- Commodity Insights--QoQ -year on year ---
- Commodity Insights--QoQ -year on year ---
- Mobility--QoQ -year on year ---
Financial Data & Stock Exchanges
Ranks #5 of 11 by Smart Score