S&P Global Q1 revenue up 10%, operating margin hits 48% on Market Intelligence sale

Filed April 28, 2026 · Period ending March 31, 2026 · Compared to 10-Q Apr 29, 2025 · ~1 min read

Key Changes

• high

  Revenue grew 10% to $4.2B with operating margin expanding to 48%, driven by $172M gain from selling two Market Intelligence businesses and strong performance across all segments including Ratings and Indices.

  MD&A: Financial Results verify on EDGAR →
• high

  Mobility spin-off named 'Mobility Global Inc.' with completion timeline narrowed from '12-18 months' to 'mid-2026,' providing greater certainty on the separation schedule.

  MD&A: Mobility Spin-off verify on EDGAR →
• high

  Share repurchases accelerated 54% to $1B (2.3M shares) vs $650M prior year, funded partly by $1B in new commercial paper borrowings and strong free cash flow up 13% to $1B.

  MD&A: Capital Allocation verify on EDGAR →