S&P Global Q2 2026: revenue up 10.4%, adjusted EPS just under consensus
S&P Global's second quarter was strong on the top line and slightly light on adjusted earnings: revenue rose 10.4% to $4.146 billion and GAAP EPS reached $4.12, while adjusted EPS of $4.83 came in just below the $4.8532 consensus. Reading it is complicated by the July 1 spin-off of Mobility, so the pro forma figures, which exclude that division, are the cleaner comparison.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $4.12, up 17.7% from $3.50 a year ago, while adjusted diluted EPS rose 23.0% to $4.83. That $4.83 landed just below the $4.8532 consensus, a shortfall of about 0.5%. The $0.71 gap between the adjusted and GAAP figures is mostly deal-related amortization, which management guides at roughly $785 million for the full year.
Revenue rose 10.4% year over year to $4.146 billion, with Ratings up 17.0% to $1.339 billion and Indices up 20.0% to $534 million doing the heavy lifting. On a pro forma basis, which strips out Mobility, revenue grew 11.0% to $3.678 billion. The spin-off is the reason the reported and pro forma numbers tell slightly different stories.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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