S&P Global Quarterly Income Statement
NYSE: SPGIFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
S&P Global revenue and earnings
In the quarter ended Mar 31, 2026, S&P Global generated $4.17 billion in revenue, up 10.4% from the same quarter a year earlier. Net income was $1.40 billion (+28.0% year over year), for a net margin of 33.4% versus a median of 28.9% in the prior 5 quarters. Gross margin was 70.4% (up from 69.5%) and operating margin 48.0%.
Diluted earnings per share came in at $4.69, up from $3.54.
Summary generated from market data by MetaCap's automated system. Methodology
S&P Global income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.17B | 3.92B | 3.89B | 3.75B | 3.78B | 3.59B | 3.58B | 3.55B | 3.49B | 3.15B | 3.08B | 3.10B |
| Revenue growth (YoY) | +10.43% | +9.02% | +8.76% | +5.80% | +8.19% | +13.96% | +15.92% | +14.45% | +10.47% | +7.32% | +7.79% | +3.61% |
| Cost of Revenue | 1.24B | 1.17B | 1.12B | 1.12B | 1.15B | 1.11B | 1.06B | 1.08B | 1.11B | 1.03B | 995.00M | 1.03B |
| Gross Profit | 2.94B | 2.75B | 2.77B | 2.64B | 2.62B | 2.48B | 2.51B | 2.47B | 2.38B | 2.12B | 2.09B | 2.08B |
| Operating Expenses | 934.00M | 1.07B | 1.09B | 1.08B | 1.05B | 1.18B | 1.08B | 1.02B | 995.00M | 1.23B | 1.01B | 1.16B |
| Selling, General & Admin | 802.00M | 1.04B | 805.00M | 803.00M | 764.00M | 926.00M | 815.00M | 741.00M | 714.00M | 942.00M | 741.00M | 771.00M |
| Operating Income | 2.00B | 1.67B | 1.68B | 1.55B | 1.58B | 1.31B | 1.43B | 1.45B | 1.39B | 890.00M | 1.07B | 911.00M |
| Interest Expense | 96.00M | 54.00M | 79.00M | 77.00M | 78.00M | 70.00M | 72.00M | 77.00M | 78.00M | 76.00M | 84.00M | 88.00M |
| Other Income (Expense) | 2.00M | 11.00M | 2.00M | 28.00M | -4.00M | 15.00M | -2.00M | 3.00M | 9.00M | -20.00M | 5.00M | 11.00M |
| Pretax Income | 1.91B | 1.63B | 1.60B | 1.50B | 1.50B | 1.25B | 1.36B | 1.38B | 1.32B | 794.00M | 995.00M | 834.00M |
| Income Tax | 404.00M | 407.00M | 333.00M | 342.00M | 325.00M | 287.00M | 313.00M | 293.00M | 248.00M | 150.00M | 181.00M | 259.00M |
| Net Income | 1.40B | 1.13B | 1.18B | 1.07B | 1.09B | 880.00M | 971.00M | 1.01B | 991.00M | 579.00M | 742.00M | 511.00M |
| Net Income growth (YoY) | +27.98% | +28.86% | +21.11% | +6.03% | +9.99% | +51.99% | +30.86% | +97.85% | +24.65% | +33.72% | +22.04% | -47.43% |
| EPS (Basic) | 4.69 | 3.76 | 3.86 | 3.50 | 3.55 | 2.85 | 3.12 | 3.23 | 3.16 | 1.84 | 2.34 | 1.60 |
| EPS (Diluted) | 4.69 | 3.76 | 3.86 | 3.50 | 3.54 | 2.85 | 3.11 | 3.23 | 3.16 | 1.83 | 2.33 | 1.60 |
| Shares Outstanding (Basic) | 297.30M | — | 304.30M | 305.90M | 307.30M | — | 311.20M | 313.00M | 313.60M | — | 317.50M | 319.30M |
| Shares Outstanding (Diluted) | 297.60M | — | 304.50M | 306.10M | 307.70M | — | 311.50M | 313.20M | 314.00M | — | 318.00M | 319.80M |
| EBITDA | 2.03B | 1.71B | 1.70B | 1.58B | 1.60B | 1.33B | 1.46B | 1.48B | 1.41B | 920.00M | 1.10B | 935.00M |
| Gross Margin | 70.39% | 70.12% | 71.17% | 70.20% | 69.47% | 69.18% | 70.21% | 69.63% | 68.18% | 67.26% | 67.74% | 66.91% |
| Operating Margin | 48.00% | 42.75% | 43.08% | 41.30% | 41.78% | 36.44% | 40.11% | 40.91% | 39.67% | 28.24% | 34.82% | 29.38% |
| Net Margin | 33.45% | 28.96% | 30.25% | 28.55% | 28.86% | 24.50% | 27.16% | 28.49% | 28.39% | 18.37% | 24.06% | 16.48% |
This table shows 12 quarterly periods of S&P Global's income statement, from Q1 2026 back to Q2 2023, across 19 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow SPGI's reporting calendar. What is a income statement?