SPGI · 10-Q · 2026Q1 · Full report
Remaining Performance Obligations
S&P Global Inc. · 2026-04-28 · Importance 60 · Surprise 24
As of March 31, 2026, S&P Global reported aggregate remaining performance obligations of $5.7 billion, a material backlog number relative to company assets and future revenue recognition. The Company expects to recognize approximately half to three-quarters of the remaining performance obligations within the near-to-medium term, with the remainder recognized thereafter, indicating a multi-period revenue tail. The size and timing of these RPOs provide visibility into recurring and contracted demand for the Company's data, analytics and benchmark services. This level of contracted future revenue is a key indicator of demand stability across S&P Global’s product offerings.
Key facts
- Aggregate amount of transaction price allocated to remaining performance obligations as of March 31, 2026: $5.7 billion.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +116.1% | Aggregate amount of transaction price allocated to remaining performance obligations as of March 31, 2026: $5.7 billion. |