Operating Expenses

SG&A

S&P Global SG&A decreased by 23.3% to $802.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.0%, from $764.00M to $802.00M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 18.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026Apr 28, 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$374.00M$423.00M$567.00M$958.00M$768.00M$725.00M$945.00M$705.00M$771.00M$741.00M$942.00M$714.00M$741.00M$815.00M$926.00M$764.00M$803.00M$805.00M$1.05B$802.00M
QoQ Change+13.1%+34.0%+69.0%-19.8%-5.6%+30.3%-25.4%+9.4%-3.9%+27.1%-24.2%+3.8%+10.0%+13.6%-17.5%+5.1%+0.2%+29.8%-23.3%
YoY Change+105.3%+71.4%+66.7%-26.4%+0.4%+2.2%-0.3%+1.3%-3.9%+10.0%-1.7%+7.0%+8.4%-1.2%+12.9%+5.0%
Range$374.00M$1.05B
CAGR+17.4%
Avg YoY Growth+16.1%
Median YoY Growth+3.6%

Frequently Asked Questions

What is S&P Global's sg&a?
S&P Global (SPGI) reported sg&a of $802.00M in Q1 2026.
How has S&P Global's sg&a changed year-over-year?
S&P Global's sg&a increased by 5.0% year-over-year, from $764.00M to $802.00M.
What is the long-term trend for S&P Global's sg&a?
Over 4 years (2021 to 2025), S&P Global's sg&a has grown at a 18.7% compound annual growth rate (CAGR), from $1.72B to $3.42B.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.