Screener
S&P Global SPGI Recurring variable revenue — Revenue
Other product segments
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by S&P Global in its filing.
Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
The source filing: S&P Global’s 10-Q, filed July 28, 2026.
- Filed
- Jul 28, 2026, 4:52 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000064040-26-000045
| (in millions) | Market Intelligence / Three Months Ended June 30, 2026 | Ratings / Three Months Ended June 30, 2026 | Energy / Three Months Ended June 30, 2026 | Mobility / Three Months Ended June 30, 2026 | Indices / Three Months Ended June 30, 2026 | Intersegment Elimination 1 / Three Months Ended June 30, 2026 | Total |
|---|---|---|---|---|---|---|---|
| Non-transaction | — | 593 | — | — | — | (53) | 540 |
| Asset-linked fees | — | — | — | — | 348 | — | 348 |
| Sales usage-based royalties | — | — | 27 | — | 99 | — | 126 |
| Recurring variable revenue | 173 | — | — | — | — | — | 173 |
| Total revenue | $1,290 | $1,339 | $568 | $468 | $534 | $(53) | $4,146 |
| Timing of revenue recognition | |||||||
| Services transferred at a point in time | $41 | $746 | $23 | $85 | — | — | $895 |
| Services transferred over time | 1,249 | 593 | 545 | 383 | 534 | (53) | 3,251 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is S&P Global's recurring variable revenue — revenue?
- S&P Global (SPGI) reported recurring variable revenue — revenue of $173M in Q2 2026.
- How has S&P Global's recurring variable revenue — revenue changed year-over-year?
- S&P Global's recurring variable revenue — revenue increased by 9.5% year-over-year, from $158M to $173M.
- What is the long-term trend for S&P Global's recurring variable revenue — revenue?
- Over 3 years (2022 to 2025), S&P Global's recurring variable revenue — revenue has grown at a 17.4% compound annual growth rate (CAGR), from $384M to $622M.
- What does recurring variable revenue — revenue mean?
- This metric represents the portion of revenue derived from contracts that feature a recurring base component combined with variable usage-based fees. It captures the balance between stable subscription-style income and activity-driven revenue generated from data consumption, transaction volumes, or platform usage. This classification is critical for assessing the scalability and sensitivity of the business model to market activity levels.
Ask your AI about S&P Global's recurring variable revenue — revenue.
Connect your AI assistant and compare segments, right in your chat.
Connect your AI
Claude