S&P Global Reportable Legal Entities — Selling General And Administrative Expense 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), Reportable Legal Entities — Selling General And Administrative Expense shows an upward trend with a 18.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Lower expenses relative to revenue suggest high operational efficiency, while rising expenses may indicate scaling costs or potential inefficiencies.
Includes all non-production costs incurred by the legal entity, such as salaries for administrative staff, marketing, re...
Standard SG&A metric; peers in data and financial services typically manage this to maintain operating margins.
spgi_segment_reportable_legal_entities_selling_general_and_administrative_expense| 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 | $572.00M | $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% | +35.2% | +67.5% | -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% | +65.2% | -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% |