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S&P Global (SPGI) Reports Q3 Earnings: What Key Metrics Have to Say

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S&P Global (SPGI - Free Report) reported $3.68 billion in revenue for the quarter ended September 2026, representing a year-over-year decline of 5.4%. EPS of $4.58 for the same period compares to $4.73 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $3.64 billion, representing a surprise of +1.12%. The company delivered an EPS surprise of +3.39%, with the consensus EPS estimate being $4.43.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how S&P Global performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total revenue- Ratings: $1.27 billion compared to the $1.25 billion average estimate based on four analysts. The reported number represents a change of +2.5% year over year.
  • Total revenue- Indices: $554 million compared to the $546.73 million average estimate based on four analysts. The reported number represents a change of +19.9% year over year.
  • Total revenue- Market Intelligence: $1.26 billion versus the four-analyst average estimate of $1.27 billion. The reported number represents a year-over-year change of +2.2%.
  • Revenue- Energy: $645 million versus the three-analyst average estimate of $610.18 million.
  • Total revenue- Intersegment Elimination: $-55 million compared to the $-53.67 million average estimate based on three analysts. The reported number represents a change of +7.8% year over year.
  • Revenue by Type- Non-transaction Revenue: $539 million compared to the $597.74 million average estimate based on two analysts. The reported number represents a change of +3.5% year over year.
  • Revenue by Type- Non-subscription / Transaction: $746 million versus $647.96 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -8.1% change.
  • Adjusted Operating Profit- Market Intelligence: $457 million versus the two-analyst average estimate of $454.12 million.
  • Adjusted Operating Profit- Ratings: $835 million versus $837.35 million estimated by two analysts on average.
  • Adjusted Operating Profit- Corporate Unallocated Expense: $-31 million versus the two-analyst average estimate of $-55.25 million.
  • Adjusted operating profit- Energy: $310 million versus $284.83 million estimated by two analysts on average.
  • Adjusted Operating Profit- Indices: $398 million versus the two-analyst average estimate of $381.32 million.

View all Key Company Metrics for S&P Global here>>>

Shares of S&P Global have returned +13.8% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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