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- Asset Impairment (new) — Energy division recorded a $4M asset impairment charge in Q2 2026.
S&P Global reports Q2 revenue up 10%, completes Mobility spin-off, raises buyback to >$7B
Filed July 28, 2026 · Period ending July 28, 2026 · ~1 min read
Key Changes
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Q2 2026 revenue rose 10% to $4.146B; diluted EPS increased 18% to $4.12. Pro forma excluding spun-off Mobility, revenue grew 11% and adjusted EPS rose 23% to $4.83.
Exhibit 99.1 view on EDGAR → -
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Completed spin-off of Mobility division on July 1, 2026, creating independent public company Mobility Global (NYSE: MBGL). S&P Global now focuses on four core divisions.
Exhibit 99.1 view on EDGAR → -
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Raised 2026 share repurchase guidance to more than $7B. Repurchased $1.5B year-to-date through Q2, including $500M in the second quarter.
Exhibit 99.1 view on EDGAR → -
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Energy division recorded $4M asset impairment charge in Q2 2026, alongside $8M in severance charges and $3M in acquisition-related costs.
Exhibit 99.1 view on EDGAR → -
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2026 guidance projects revenue growth of 5.9%-7.9% (excluding Mobility), adjusted diluted EPS of $17.50-$17.75, and operating margin expansion of 35-60 basis points.
Exhibit 99.1 view on EDGAR →
Summary
S&P Global delivered strong second-quarter results with revenue up 10% to $4.146 billion and diluted EPS up 18% to $4.12. The company completed the strategic spin-off of its Mobility division on July 1, creating Mobility Global as an independent public company, allowing S&P Global to concentrate on its four core businesses: Ratings, Indices, Energy, and Market Intelligence.
Pro forma results excluding Mobility showed even stronger performance, with revenue up 11% and adjusted EPS up 23%. Management significantly increased its capital return commitment, raising 2026 share repurchase guidance to more than $7 billion from prior expectations. The company has already repurchased $1.5 billion year-to-date.
Full-year 2026 guidance calls for revenue growth of 5.9%-7.9% and adjusted EPS of $17.50-$17.75, both excluding Mobility. The Energy division recorded a $4 million asset impairment charge in the quarter, part of $17 million in total restructuring and transaction-related costs. While modest in scale relative to the company's $1.8 billion quarterly operating profit, the impairment reflects ongoing portfolio optimization within the Energy segment. The quarterly dividend remains $0.97 per share.
Section-by-Section Diff
Event · Item 2.02 — Results of Operations and Financial Condition
S&P Global disclosed Q2 2026 earnings results and updated 2026 guidance in an earnings release dated July 28, 2026.
Added in current filing · verify on EDGAR →
On July 28, 2026, S&P Global Inc. (the “Registrant”) issued an earnings release containing a discussion of the Registrant’s results of operations and financial condition for the second quarter ended June 30, 2026, as well as certain guidance for 2026.
S&P Global issued its second quarter 2026 earnings release on July 28, 2026, disclosing financial results for the quarter ended June 30, 2026, and providing updated guidance for the full year 2026. The specific financial metrics are contained in the attached Exhibit 99.1, which is referenced but not included in the body of this 8-K filing.
Event · Item 7.01 — Regulation FD Disclosure
S&P Global furnished unaudited pro forma financial statements for Q1 2026 and years 2023-2025.
Added in current filing · verify on EDGAR →
The unaudited pro forma condensed consolidated statements of income of the Registrant for the three months ended March 31, 2026 and for the years ended 2025, 2024 and 2023 and the unaudited pro forma condensed consolidated balance sheet of the Registrant as of March 31, 2026 are attached as Exhibit 99.2
S&P Global furnished unaudited pro forma condensed consolidated financial statements covering Q1 2026 and the three prior fiscal years (2023-2025), plus a pro forma balance sheet as of March 31, 2026. Pro forma statements typically reflect adjustments for acquisitions, divestitures, or other significant transactions to show results as if the event had occurred at an earlier date. The filing does not specify the transaction or adjustment underlying these pro forma presentations.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Pursuant to general instruction B.2 to Form 8-K, the information furnished pursuant to Items 2.02 and 7.01, including Exhibits 99.1 and 99.2, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.
The company explicitly states that the pro forma financials are "furnished" rather than "filed," meaning they are not subject to the liability provisions of Section 18 of the Exchange Act and will not be automatically incorporated by reference into future SEC filings. This is a standard treatment for certain voluntary disclosures under Items 2.02 and 7.01 of Form 8-K.
Event · Exhibit 99.1
S&P Global reported Q2 2026 results with 10% revenue growth, completed Mobility spin-off, and raised share repurchase guidance to >$7B for 2026.
Added in current filing · view on EDGAR →
The Company reported second-quarter 2026 GAAP revenue of $4.146 billion, an increase of 10% compared to the second quarter of 2025. Second quarter GAAP operating profit increased 17% to $1.812 billion, GAAP net income increased 14% to $1.217 billion and GAAP diluted earnings per share increased 18% to $4.12.
S&P Global delivered strong Q2 2026 results with revenue of $4.146 billion (up 10% year-over-year), operating profit of $1.812 billion (up 17%), and diluted EPS of $4.12 (up 18%). On a pro forma basis excluding the spun-off Mobility division, revenue increased 11% to $3.678 billion and adjusted diluted EPS increased 23% to $4.83.
Added in current filing · view on EDGAR →
The Company completed the spin-off of its Mobility division, creating an independent public company, Mobility Global (NYSE: MBGL), on July 1, 2026.
S&P Global completed the separation of its Mobility division on July 1, 2026, creating Mobility Global as an independent publicly-traded company. This strategic transaction allows S&P Global to focus on its four core divisions: Ratings, Indices, Energy, and Market Intelligence.
Added in current filing · view on EDGAR →
2026 guidance calls for revenue growth of 5.9% to 7.9%, and organic constant currency growth of 6.0% to 8.0%, both excluding Mobility.
Management provided full-year 2026 guidance excluding Mobility, projecting revenue growth of 5.9% to 7.9% and organic constant currency growth of 6.0% to 8.0%. Adjusted diluted EPS is expected to be $17.50 to $17.75, with operating margin expansion of 35 to 60 basis points (75 to 100 basis points excluding OSTTRA).
Added in current filing · view on EDGAR →
As previously announced, the Board of Directors has authorized a quarterly cash dividend of $0.97.
The Board of Directors authorized a quarterly cash dividend of $0.97 per share, maintaining the company's capital return commitment alongside the expanded share repurchase program.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 29, 2026 · How we verify