S&P Global Inc. (SPGI) FY2025 Q1 P&L / Income Statement

S&P Global Inc. (SPGI) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

3,777,000,000 US dollars

Operating-related expenses

1,153,000,000 US dollars

Gross profit (calculated)

2,624,000,000 US dollars

Operating costs, net of other operating income (calculated)

1,046,000,000 US dollars

Operating profit

1,578,000,000 US dollars

Other income (expense), net (calculated)

negative 82,000,000 US dollars

Income before taxes on income

1,496,000,000 US dollars

Provision for taxes on income

325,000,000 US dollars

Net income

1,171,000,000 US dollars

Subscription

1,898,000,000 US dollars

Non-subscription / Transaction

850,000,000 US dollars

Non-transaction

481,000,000 US dollars

Asset-linked fees

288,000,000 US dollars

Sales usage-based royalties

110,000,000 US dollars

Recurring variable revenue

150,000,000 US dollars

Selling and general expenses

764,000,000 US dollars

Depreciation

25,000,000 US dollars

Amortization of intangibles

268,000,000 US dollars

Equity in income on unconsolidated subsidiaries

negative 11,000,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.