S&P Global shares fell 3.2% after its earnings report, trading at $425.74. In an SEC filing (Form 8-K), the company said Q2 revenue rose 10% year-over-year to $4.1 billion, beating market expectations, while earnings per share came in $0.67 below estimates.
📊 Price at Time of Writing (July 29, 2026, 03:03 KST)
$425.74 ▼ -3.20%
Q2 Results at a Glance
On July 1, S&P Global spun off its automotive information business, the Mobility division, into a separate company called Mobility Global (NYSE: MBGL). As a result, this quarter's results were reported both on a GAAP basis, which includes Mobility, and on a continuing-operations basis, which excludes it. Revenue and profit grew by double digits under both measures. The company said its Ratings and Indices divisions delivered particularly strong performance.
- Revenue (GAAP): $4.146 billion, up 10% year-over-year
- Operating income (GAAP): $1.812 billion, up 17% year-over-year
- Net income (GAAP): $1.217 billion, up 14% year-over-year
- Earnings per share (GAAP): $4.12, up 18% year-over-year
- Adjusted EPS (excluding interest, taxes, depreciation and other items): $4.83, up 23% year-over-year
- Share buybacks: $500 million in Q2, $1.5 billion cumulative year-to-date
Outlook Ahead
S&P Global projected full-year 2026 revenue, excluding the Mobility division, to grow 5.9% to 7.9% year-over-year. It expects organic growth, excluding currency effects, of 6.0% to 8.0%. The company guided full-year GAAP EPS of $16.35 to $16.60, and adjusted EPS of $17.50 to $17.75. It said it plans to repurchase more than $7 billion in shares this year. The board has already approved a quarterly dividend of $0.97 per share. CEO Martina Cheung said, 'Our Ratings and Indices businesses delivered top performance again this quarter, and we successfully spun off Mobility Global as an independent public company on July 1.'
Market Reaction
After the earnings report, S&P Global shares fell 3.2% to $425.74. Bloomberg reported that the company fell short of the market's profit expectations. Investing.com noted that EPS came in $0.67 below estimates, though revenue beat forecasts. Seeking Alpha pointed out that the accounting changes stemming from the Mobility spinoff complicated quarter-over-quarter comparisons. TradingView, on the other hand, assessed that results exceeded expectations, citing strength in the Ratings and Indices divisions — reflecting divided views among outlets.
This article was automatically generated based on the original SEC Form 8-K filing and news wire reports, with the goal of quickly delivering key data immediately after the announcement. We recommend reviewing the company's official filing before making any trading decisions. The quoted price reflects the time of writing and may differ from the current price.
