SPGI · 10-Q · 2026Q1 · Full report

Quarterly Results Snapshot (Earnings and EPS)

S&P Global Inc. · 2026-04-28 · Importance 57 · Surprise 38

Net income attributable to S&P Global Inc. for Q1 2026 was $1,395 million, up 28% from $1,090 million in Q1 2025. Diluted earnings per share were $4.69 in Q1 2026, a 32% increase from $3.54 in Q1 2025, with diluted weighted-average shares outstanding of 297.6 million in Q1 2026 versus 307.7 million in Q1 2025. The year-over-year improvement in net income and EPS reflected higher operating profit and a $172 million pre-tax gain on the January 2026 disposition, partially offset by increased interest expense related to the December 2025 senior notes issuance and commercial paper used to fund the February 2026 ASR and working capital.

Key facts

• Net income for the three months ended March 31, 2026: $1,504 million; for the three months ended March 31, 2025: $1,171 million.
• Net income attributable to S&P Global Inc. for the three months ended March 31, 2026: $1,395 million; for the three months ended March 31, 2025: $1,090 million.
• Net income attributable to S&P Global Inc. for the three months ended March 31, 2026: $1,395 million.
• The company recorded comprehensive income of $1,465 million for the three months ended March 31, 2026 and $1,228 million for the three months ended March 31, 2025.
• Basic earnings per share for the three months ended March 31, 2026: $4.69; for the three months ended March 31, 2025: $3.55.
• Diluted earnings per share for the three months ended March 31, 2026: $4.69; for the three months ended March 31, 2025: $3.54.
• Diluted earnings per share for the three months ended March 31, 2026: $4.69.
• Weighted-average common shares outstanding — basic: 297.3 million (three months ended March 31, 2026) and 307.3 million (three months ended March 31, 2025).

Impact estimates