S&P Global spins off Mobility unit, posts 10% revenue growth on strong Ratings issuance

Filed July 28, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~2 min read

Key Changes

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  Completed separation of Mobility segment on July 1, 2026, distributing one share of Mobility Global (NYSE: MBGL) for each S&P Global share held. Beginning Q3 2026, Mobility's historical results will be reclassified as discontinued operations for all periods.

  MD&A: Mobility separation verify on EDGAR →
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  Q2 2026 revenue increased 10% to $4.1 billion, driven by strong investment-grade corporate bond issuance at Ratings and surveillance revenue growth. Operating profit rose 17% to $1.8 billion with margin expanding to 44% from 41%.

  MD&A: Financial results verify on EDGAR →
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  Indices ending AUM for ETFs reached $6.4 trillion as of June 30, 2026, up 34% year-over-year, with average AUM increasing 38% in Q2 2026 versus 20% growth in the prior-year quarter.

  MD&A: Indices AUM verify on EDGAR →