Business Segments · Revenue
Indices — Revenue
S&P Global Indices — Revenue increased by 3.6% to $462.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 11.1%, from $416.00M to $462.00M. Over 3 years (FY 2021 to FY 2024), Indices — Revenue shows an upward trend with a 12.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2025
Rolls up toTotal Revenue
How to read this metric
An increase indicates growing market adoption of index-linked products and stronger competitive positioning.
Detailed definition
Total gross income generated by the Indices segment through the licensing of financial benchmarks, data subscriptions, a...
Peer comparison
Comparable to revenue from index licensing and data services at major financial exchange and data providers.
Metric ID:
spgi_segment_indices_revenueHistorical Data
18 periods
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $278.00M | $298.00M | $303.00M | $322.00M | $339.00M | $334.00M | $344.00M | $341.00M | $348.00M | $354.00M | $360.00M | $387.00M | $389.00M | $416.00M | $436.00M | $445.00M | $446.00M | $462.00M |
| QoQ Change | — | +7.2% | +1.7% | +6.3% | +5.3% | -1.5% | +3.0% | -0.9% | +2.1% | +1.7% | +1.7% | +7.5% | +0.5% | +6.9% | +4.8% | +2.1% | +0.2% | +3.6% |
| YoY Change | — | — | — | — | +21.9% | +12.1% | +13.5% | +5.9% | +2.7% | +6.0% | +4.7% | +13.5% | +11.8% | +17.5% | +21.1% | +15.0% | +14.7% | +11.1% |
Range$278.00M – $462.00M
CAGR+12.7%
Avg YoY Growth+12.2%
Median YoY Growth+12.8%
Current Streak10 quarters growth
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Frequently Asked Questions
- What is S&P Global's indices — revenue?
- S&P Global (SPGI) reported indices — revenue of $462.00M in Q3 2025.
- How has S&P Global's indices — revenue changed year-over-year?
- S&P Global's indices — revenue increased by 11.1% year-over-year, from $416.00M to $462.00M.
- What is the long-term trend for S&P Global's indices — revenue?
- Over 3 years (2021 to 2024), S&P Global's indices — revenue has grown at a 12.3% compound annual growth rate (CAGR), from $1.15B to $1.63B.
- What does indices — revenue mean?
- The total sales generated by the Indices business segment.