Income StatementBalance SheetCash FlowSegments
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S&P Global Income Statement

Revenue, expenses, and profitability over time

S&P Global generated $15.7B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $4.8B with a 30.37% net margin. Gross margin stands at 70.47% and operating margin at 43.88%. Diluted EPS is $15.81, which grew 0.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$15.7BGross Profit (TTM)$11.1BOperating Income (TTM)$6.9BNet Income (TTM)$4.8BEps Diluted (TTM)$15.81
Latest FilingQ1 2026
Report Date2026-04-28
Market Cap$123.61B
P/E Ratio25.88
ROE14.8%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$70.0M$47.0M$45.0M$75.0M$69.0M$39.0M
Amortization of Finite-Lived Intangible Assets$274.0M$268.0M$270.0M$266.0M$266.0M$276.0M
Share-Based Compensation Expense$70.0M$47.0M$45.0M$75.0M$69.0M$39.0M
Amortization expense$274.0M$268.0M$270.0M$266.0M$266.0M$276.0M
Stock-based compensation expense$70.0M$47.0M$45.0M$75.0M$69.0M$39.0M
Selling, general and administrative$926.0M$764.0M$803.0M$805.0M$1.0B$802.0M
Share-Based Compensation$70.0M$47.0M$45.0M$75.0M$69.0M$39.0M
Total operating expenses$2.3B$2.2B$2.2B$2.2B$2.5B$2.3B

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Non-Cash Income (Expense)—-$61.0M-$189.0M——-$6.0M
Other non-cash income (expense)—-$61.0M-$189.0M——-$6.0M
Income from equity method investments$12.0M$11.0M$11.0M$7.0M$0.0$0.0
Gain on Sale of Business$38.0M$0.0$3.0M$0.0$270.0M$175.0M
Other Charges$15.0M-$4.0M$28.0M$2.0M$11.0M$2.0M
Interest expense$70.0M$78.0M$77.0M$79.0M$54.0M$96.0M
Other Non-Cash Income (Expense)—-$61.0M-$189.0M——-$6.0M
Other Non-cash Income (Expense)—-$61.0M-$189.0M——-$6.0M
Other Non-Cash Income (Expense)—-$61.0M-$189.0M——-$6.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in Accounts Receivable$267.0M$222.0M——$569.0M$131.0M
Change in Deferred Revenue$431.0M$181.0M—-$205.0M$395.0M-$76.0M
Change in Other Current Assets$65.0M-$12.0M$32.0M-$92.0M—-$1.0M
Amortization of capitalized software and acquired intangible assets$274.0M$268.0M$270.0M$266.0M$266.0M$276.0M
Deferred taxes-$52.0M-$63.0M-$75.0M-$149.0M—-$50.0M
Depreciation$26.0M$25.0M$26.0M$28.0M$31.0M$31.0M
Gain on sale of business and assets$38.0M$0.0$3.0M$0.0$270.0M$175.0M
Accounts payable and other current liabilities$376.0M-$678.0M———-$646.0M
Increase (Decrease) in Accounts Receivable$267.0M$222.0M——$569.0M$131.0M
Increase Decrease In Accrued Income Taxes Payable—$225.0M—$84.0M$14.0M$314.0M
Increase (decrease) in contract liabilities and current deferred income$431.0M$181.0M—-$205.0M$395.0M-$76.0M
Increase (Decrease) in Other Current Assets$65.0M-$12.0M$32.0M-$92.0M—-$1.0M
Increase (decrease) in other current liabilities-$19.0M-$58.0M-$82.0M-$36.0M—-$29.0M
Increase (Decrease) in Other Noncurrent Assets and Liabilities, Net—$24.0M$69.0M—$81.0M$42.0M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation-$1.7B-$1.1B-$1.1B-$1.6B-$1.2B-$1.2B
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation—-$79.0M-$52.0M-$101.0M-$472.0M$291.0M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$1.7B$953.0M$1.4B$1.5B$1.7B$1.0B
Other Noncash Income (Expense)—-$61.0M-$189.0M——-$6.0M
Other income, net (Note 6)$15.0M-$4.0M$28.0M$2.0M$11.0M$2.0M
Payments for Repurchase of Common Stock$1.3B$650.0M$651.0M$1.2B$2.5B$1.0B
Payments of Ordinary Dividends, Common Stock$280.0M$295.0M$294.0M$291.0M$290.0M$288.0M
Payments to Acquire Businesses, Net of Cash Acquired$41.0M$13.0M$12.0M$25.0M$2.0B$12.0M
Payments to Acquire Productive Assets$33.0M$43.0M$61.0M$45.0M$46.0M$27.0M
Proceeds from Short-Term Debt—$0.0———$236.0M
Net additions (releases) charged to costs and expenses$7.0M$8.0M$9.0M$11.0M$11.0M$15.0M
Payments on debt—$4.0M———$3.0M
Revenue From Contract With Customer Excluding Assessed Tax$3.6B$3.8B$3.8B$3.9B$3.9B$4.2B
Stock-based compensation$70.0M$47.0M$45.0M$75.0M$69.0M$39.0M
Cash Dividends, Common Stock$280.0M$295.0M$294.0M$291.0M$290.0M$288.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends$280.0M$295.0M$294.0M$291.0M$290.0M$288.0M
Net income$880.0M$1.1B$1.1B$1.2B$1.1B$1.4B
Common Stock Dividends$280.0M$295.0M$294.0M$291.0M$290.0M$288.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$2.85$3.55$3.50$3.86$3.76$4.69
Diluted earnings per share$2.85$3.54$3.50$3.86$3.76$4.69
Weighted-average shares, basic—307.3M305.9M304.3M—297.3M
Weighted-average shares, diluted—307.7M306.1M304.5M—297.6M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$2.5B$2.6B$2.6B$2.8B$2.7B$2.9B
Operating income$1.3B$1.6B$1.6B$1.7B$1.7B$2.0B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$1.3B$1.5B$1.5B$1.6B$1.6B$1.9B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$287.0M$325.0M$342.0M$333.0M$407.0M$404.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$1.1B$1.2B$1.1B$1.1B$1.2B$1.2B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$3.6B$3.8B$3.8B$3.9B$3.9B$4.2B