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.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |