S&P Global Inc. (SPGI) FY2026 Q1 P&L / Income Statement

Revenue by Product and Service

2026-01-01 to 2026-03-31

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S&P Global Inc. (SPGI) FY2026 Q1 P&L / Income StatementIncome statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSubscriptionNon-subscription / TransactionNon-transactionAsset-linked feesRecurring variable revenueSales usage-based royaltiesRevenueGross profit (calculated)Operating-related expensesOperating profitOperating costs, net of other operating income (calculated)Selling and general expensesAmortization of intangiblesGain on dispositionsDepreciationIncome before taxes on incomeOther income (expense), net (calculated)Net incomeProvision for taxes on incomeGross profit (calculated)Gross profit(calculated)$2.94 BIncome before taxes on incomeIncome beforetaxes on income$1.91 BRevenueRevenue$4.17 BOperating profitOperating profit$2.00 BNet incomeNet income$1.50 BSubscriptionSubscription$2.01 BOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$934.00 MProvision for taxes on incomeProvision fortaxes on income$404.00 MNon-subscription / TransactionNon-subscription / Transaction$978.00 MOther income (expense), net (calculated)Other income,net (calculated)−$94.00 MOperating-related expensesOperating-relatedexpenses$1.24 BSelling and general expensesSelling and general expenses$802.00 MNon-transactionNon-transaction$538.00 MAmortization of intangiblesAmortization of intangibles$276.00 MAsset-linked feesAsset-linked fees$339.00 MGain on dispositionsGain on dispositions−$175.00 MRecurring variable revenueRecurring variable revenue$169.00 MSales usage-based royaltiesSales usage-based royalties$133.00 MDepreciationDepreciation$31.00 M
Chart details

S&P Global Inc. (SPGI) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
4,171,000,000 US dollars
Operating-related expenses
1,235,000,000 US dollars
Gross profit (calculated)
2,936,000,000 US dollars
Operating costs, net of other operating income (calculated)
934,000,000 US dollars
Operating profit
2,002,000,000 US dollars
Other income (expense), net (calculated)
negative 94,000,000 US dollars
Income before taxes on income
1,908,000,000 US dollars
Provision for taxes on income
404,000,000 US dollars
Net income
1,504,000,000 US dollars
Subscription
2,014,000,000 US dollars
Non-subscription / Transaction
978,000,000 US dollars
Non-transaction
538,000,000 US dollars
Asset-linked fees
339,000,000 US dollars
Sales usage-based royalties
133,000,000 US dollars
Recurring variable revenue
169,000,000 US dollars
Selling and general expenses
802,000,000 US dollars
Depreciation
31,000,000 US dollars
Amortization of intangibles
276,000,000 US dollars
Equity in income on unconsolidated subsidiaries
0 US dollars
Gain on dispositions
negative 175,000,000 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.
S&P Global Inc. (SPGI) FY2026 Q1 P&L / Income Statement Sankey chart, Product and service view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

70.4%

Gross profit / revenue

Operating margin

48.0%

Operating profit / revenue

Cash conversion

68.9%

Operating cash / net income, same period

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