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SPGI Q4 2025 Earnings — S&P Global Inc. Revenue & Financial Results | Market Cap Arena
SPGI
S&P Global Inc.
$132B
Q4 2025 Earnings
Financial Services
Financial - Data & Stock Exchanges
Income Statement
Revenue
$3.9B
+9.0% YoY
Gross Profit
$2.7B
70.1% margin
Operating Income
$1.7B
42.7% margin
Net Income
$1.1B
29.0% margin
EPS (Diluted)
$3.75
QoQ Revenue Growth
+0.7%
Cash Flow
Operating Cash Flow
$1.7B
Free Cash Flow
$1.7B
Stock-Based Comp.
$69M
Balance Sheet
Total Assets
$61.2B
Total Liabilities
$25.0B
Stockholders' Equity
$31.2B
Cash & Equivalents
$1.7B
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$3.9B
$3.6B
+9.0%
Gross Profit
$2.7B
$2.5B
+10.8%
Operating Income
$1.7B
$1.3B
+27.9%
Net Income
$1.1B
$880M
+28.9%
Revenue Segments
Ratings Segment
$1.1B
57%
Market Intelligence Segment
$471M
24%
Indices Segment
$369M
19%
Geographic Segments
UNITED STATES
$2.3B
60%
Europe
$934M
24%
Asia
$420M
11%
Rest Of World
$213M
5%
← FY 2025
All Quarters