S&P Global Q3 2026: revenue up 7.0%, adjusted EPS $4.58, Capital IQ review
Revenue rose 7.0% to $3.678 billion and adjusted EPS of $4.58 beat the $4.5167 consensus by about $0.06, a thin margin helped by a 4.2% lower diluted share count. GAAP and adjusted tell different stories this quarter: GAAP carries a $200 million Energy disposal gain and a $0.20 discontinued-operations loss. The real headline is the Capital IQ strategic review.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS of $4.25 includes a $0.20 per-share loss from discontinued operations; continuing operations earned $4.45, up 26.0%. Adjusted EPS of $4.58 topped the $4.5167 consensus by roughly $0.06, or 1.4%, a modest beat that leans on a 4.2% smaller diluted share count. Higher taxes — a 24.9% effective rate versus 21.1% a year ago — held adjusted net income growth to 4.0% even as adjusted operating profit rose 8.0%.
Revenue of $3.678 billion rose 7.0% from $3.443 billion a year earlier, with Indices up 20.0% to $554 million and Market Intelligence up 7.0% to $1.263 billion doing most of the lifting. Ratings grew only 2.0% to $1.271 billion and non-subscription transaction revenue only 2.0%, so growth leaned on subscriptions and asset-linked fees rather than deal volumes. On this recast continuing-operations basis, revenue also came in below the $4.146 billion booked in Q2.
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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 2026-11-03
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