Skip to content
Screener

S&P Global SPGI Q2 2025 earnings

Reported July 31, 2025 · Before market open

Revenue$3.8BBeat by $82.4M
EPS$4.43Beat by $0.22
Revenue estimate$3.7B
EPS estimate$4.21

Next report

Oct 27, 2026 (In 3 weeks)
Revenue estimate$3.6B
EPS estimate$4.43

Financials

Q2 2025

Income statement

See full
Revenue$3.8B+5.8%
Gross profit$2.6B+7.0%
Operating income$1.6B+6.8%
Net income$1.1B+6.0%
EPS (diluted)$3.50+8.4%

Balance sheet

See full
Cash & equivalents$1.8B-9.4%
Total debt$12.0B-0.1%
Total equity$33.4B-4.3%
Total assets$60.4B-0.9%

Cash flow

See full
Operating cash flow$1.4B-7.1%
CapEx$61.0M+90.6%
Free cash flow$1.4B-9.2%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$160.39B+14.7%
Enterprise value$170.55B+13.8%
P/E40×-2.1×
P/S10.9×+0.4×

Profitability

See full
Gross margin69.7%+1.5pp
Operating margin39.9%+3.8pp
Net margin27.3%+2.3pp
FCF margin36.8%+1.3pp

Returns & leverage

See full
Return on equity11.8%+2.3pp
Debt / equity0.4×0.0×
Current ratio1×0.0×

Segments

By product

See full
Subscription$2.0B+7.3%
Non-subscription / Transaction$745.0M-4.1%
Non-transaction$502.0M+8.4%
Asset-linked fees$286.0M+16.7%
Recurring variable revenue$158.0M+7.5%

By segment

See full
Market Intelligence$1.2B+5.4%
Ratings$1.1B+1.1%
Energy$555.0M—
Indices$446.0M+14.7%

By geography

See full
Europe$863.0M+4.0%
Asia$408.0M+10.9%
Rest Of World$215.0M+7.5%

FAQ

When did S&P Global report Q2 2025 earnings?
S&P Global (SPGI) reported Q2 2025 earnings on July 31, 2025 before market open.
What were S&P Global's Q2 2025 revenue and EPS?
S&P Global reported revenue of $3.8B and eps of $4.43 for Q2 2025.
Did S&P Global beat estimates in Q2 2025?
Revenue beat the consensus estimate of $3.7B by $82.4M. EPS beat the consensus estimate of $4.21 by $0.22.
How did S&P Global's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 5.8% from $3.5B a year earlier and eps grew 9.7% from $4.04.
Where can I find S&P Global's Q2 2025 SEC filings?
You can read the 8-K earnings release (0000064040-25-000143) and the 10-Q periodic report (0000064040-25-000147) directly on SEC EDGAR. The filing index links above go to sec.gov.