S&P Global Reports First Quarter Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy SPGI?
Source: PRnewswire
- Earnings Release: S&P Global announced its first quarter earnings on April 28, 2026, providing detailed insights into the company's performance, reflecting stability in the market, although specific financial metrics have yet to be disclosed.
- Management Call: Senior management will hold a conference call at 8:30 a.m. EDT on the same day to review the first quarter results, aiming to provide investors with deeper analysis and future outlook, thereby enhancing market confidence.
- Investor Relations Information: The earnings report and supplemental materials are available on the company's investor relations website, ensuring that investors can access the latest financial information and company updates promptly, thus improving transparency.
- Global Business Support: S&P Global is committed to enabling businesses and governments to make informed decisions in a rapidly changing global landscape by providing trusted data and technology, showcasing its leadership position in the industry.
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Analyst Views on SPGI
Wall Street analysts forecast SPGI stock price to rise
15 Analyst Rating
14 Buy
1 Hold
0 Sell
Strong Buy
Current: 436.790
Low
546.00
Averages
617.77
High
675.00
Current: 436.790
Low
546.00
Averages
617.77
High
675.00
About SPGI
S&P Global Inc. provides essential intelligence. Its operations consist of five businesses: S&P Global Market Intelligence (Market Intelligence), S&P Global Ratings (Ratings), S&P Global Commodity Insights (Commodity Insights), S&P Global Mobility (Mobility) and S&P Dow Jones Indices (Indices). Market Intelligence is a global provider of multi-asset-class data and analytics integrated with purpose-built workflow solutions. Ratings is an independent provider of credit ratings, research, and analytics, offering investors and other market participants information, ratings and benchmarks. Commodity Insights is an independent provider of information and benchmark prices for the commodity and energy markets. Mobility is a provider of solutions serving the full automotive value chain, including vehicle manufacturers and retailers. Indices is a global index provider that maintains a variety of valuation and index benchmarks for investment advisors, wealth managers and institutional investors.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Earnings Announcement Date: S&P Global (SPGI) is set to release its Q1 2023 earnings on April 28 before market open, with a consensus EPS estimate of $4.82, reflecting a 10.3% year-over-year growth, indicating ongoing potential for profitability.
- Revenue Expectations: The anticipated revenue for Q1 is $4.07 billion, representing a 7.7% year-over-year increase, which highlights the company's positive performance in market demand and business expansion, potentially reinforcing its leadership in the financial information services sector.
- Historical Performance Review: Over the past two years, SPGI has beaten EPS estimates 88% of the time and revenue estimates 100% of the time, showcasing the company's strong capabilities in financial forecasting and market performance, thereby boosting investor confidence.
- Expectation Revision Dynamics: In the last three months, EPS estimates have seen 14 downward revisions with no upward adjustments, while revenue estimates experienced 7 upward and 7 downward revisions, indicating a cautious market sentiment regarding future profitability.
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- Net Income Growth: S&P Global's net income for Q1 reached $1.40 billion, a significant increase from $1.09 billion in the previous year, indicating strong performance and enhanced profitability in the market.
- Earnings Per Share Increase: The earnings per share for Q1 stood at $4.69, up from $3.54 last year, reflecting improved profitability and increased investor confidence in the company.
- Revenue Growth: The company reported Q1 revenue of $4.17 billion, an increase from $3.78 billion in the previous year, demonstrating sustained growth across various business segments and strong market demand.
- Future Outlook: Although the company anticipates a revenue decline of 6.3% to 8.3% for the full year 2026, adjusted earnings per share are expected to range between $19.40 and $19.65, indicating confidence in future profitability.
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- Profit Growth: S&P Global reported a Q1 profit of $4.69 per share, a 32.4% increase from $3.54 a year earlier, demonstrating the company's robust profitability amid geopolitical uncertainties.
- Revenue Increase: Total revenue rose 10% year-over-year to $4.17 billion, with the ratings segment revenue climbing 13% to $1.3 billion and market intelligence revenue increasing 8% to $1.3 billion, reflecting strong demand for data and analytics services.
- Market Demand: Heightened market volatility and private credit concerns have led investors to increasingly rely on market analytics and risk assessment tools, driving S&P Global's business growth and underscoring its strategic importance in the current economic landscape.
- Stock Volatility: Despite strong Q1 performance, S&P Global's shares have fallen over 15% this year, primarily due to investor concerns regarding AI-driven disruptions, indicating market uncertainty about future prospects.
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- Earnings Beat: S&P Global reported a Q1 non-GAAP EPS of $4.97, exceeding expectations by $0.15, indicating strong profitability and boosting market confidence in future performance.
- Significant Revenue Growth: The company achieved $4.17 billion in revenue for Q1, a 10.3% year-over-year increase, translating to nearly $400 million more, primarily driven by strong performance in Ratings and Market Intelligence, showcasing ongoing growth potential in core business areas.
- Subscription Product Performance: Revenue from subscription products rose by 6%, reflecting strong customer demand for ongoing services, which further solidifies the company's competitive position in the market and lays a foundation for future revenue growth.
- 2026 Outlook: The company now projects revenue growth of 6.3% to 8.3% for 2026, slightly below the consensus of 7.44%, while expecting adjusted diluted EPS in the range of $19.40 to $19.65, indicating a cautiously optimistic view on future growth.
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- Earnings Beat: S&P Global reported Q1 adjusted diluted EPS of $4.97, a 14% increase year-over-year, surpassing the consensus estimate of $4.82, indicating strong performance in a volatile environment.
- Strong Revenue Growth: The company achieved Q1 revenue of $4.17 billion, up 10% year-over-year and exceeding expectations of $4.07 billion, driven primarily by its Ratings, Indices, and Market Intelligence segments, showcasing robust growth in core operations.
- Margin Expansion: Operating profit margin increased by 620 basis points to 48.0%, reflecting revenue growth and margin expansion across all divisions, further solidifying its market leadership.
- Lower 2026 Guidance: Despite strong Q1 results, S&P Global revised its 2026 revenue growth forecast down to 6.3%-8.3% from 6.6%-8.6%, primarily due to changes in foreign exchange conditions, indicating future growth uncertainties.
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- Earnings Call Scheduled: S&P Global will host a conference call on April 28, 2026, at 8:30 AM ET to discuss its Q1 2026 earnings results, which is expected to provide key performance metrics and market outlook.
- Live Webcast Access: Investors can access the live webcast of the earnings call by visiting S&P Global's investor relations website, ensuring broad investor participation and transparency.
- Dial-in Information: Participants can dial (888) 603-9623 for US access or +1 (630) 395-0220 for international access, using Conference ID - S&P Global to ensure smooth entry into the call.
- Replay Information: After the call, investors can listen to the replay by dialing (866) 360-7720 for US access or +1 (203) 369-0172 for international access, allowing those who could not attend live to obtain the information.
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