Business Segments · Revenue
Ratings — Revenue
S&P Global Ratings — Revenue increased by 9.7% to $1.30B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.3%, from $1.15B to $1.30B. Over 4 years (FY 2021 to FY 2025), Ratings — Revenue shows an upward trend with a 3.6% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026Apr 28, 2026
Rolls up toTotal Revenue
How to read this metric
An increase signals strong market demand for debt financing and high activity levels in capital markets.
Detailed definition
The total gross income generated by the credit ratings segment through the provision of credit rating services, surveill...
Peer comparison
Comparable to revenue from credit rating agencies or financial data providers with subscription and transaction-based models.
Metric ID:
spgi_segment_ratings_revenueHistorical Data
20 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.07B | $1.02B | $990.00M | $868.00M | $796.00M | $681.00M | $705.00M | $824.00M | $851.00M | $819.00M | $838.00M | $1.06B | $1.14B | $1.11B | $1.06B | $1.15B | $1.15B | $1.24B | $1.19B | $1.30B |
| QoQ Change | — | -5.2% | -2.7% | -12.3% | -8.3% | -14.4% | +3.5% | +16.9% | +3.3% | -3.8% | +2.3% | +26.7% | +6.9% | -2.2% | -4.2% | +8.1% | -0.1% | +8.0% | -4.3% | +9.7% |
| YoY Change | — | — | — | — | -25.8% | -33.0% | -28.8% | -5.1% | +6.9% | +20.3% | +18.9% | +28.9% | +33.4% | +35.5% | +26.8% | +8.2% | +1.1% | +11.7% | +11.7% | +13.3% |
Range$681.00M – $1.30B
CAGR+4.2%
Avg YoY Growth+7.7%
Median YoY Growth+11.7%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is S&P Global's ratings — revenue?
- S&P Global (SPGI) reported ratings — revenue of $1.30B in Q1 2026.
- How has S&P Global's ratings — revenue changed year-over-year?
- S&P Global's ratings — revenue increased by 13.3% year-over-year, from $1.15B to $1.30B.
- What is the long-term trend for S&P Global's ratings — revenue?
- Over 4 years (2021 to 2025), S&P Global's ratings — revenue has grown at a 3.6% compound annual growth rate (CAGR), from $4.10B to $4.72B.
- What does ratings — revenue mean?
- Total sales generated by the credit ratings business segment.