The earnings call reflected a strong overall performance with solid revenue growth across divisions, significant shareholder returns, and advancements in AI. However, there were challenges related to transaction revenue declines in Ratings and some uncertainties in the Commodity Insights and Mobility segments.

Company Guidance

During S&P Global's Second Quarter 2025 earnings call, the company reported a 6% year-over-year increase in revenue, with subscription revenue up by 7%. The Market Intelligence division led growth with a 7% organic constant currency revenue expansion and over 200 basis points of margin improvement. The company achieved 150 basis points of trailing 12-month margin expansion, returning nearly $950 million to shareholders through dividends and share repurchases. S&P Global maintained its guidance for the year, projecting total revenue growth between 5% and 7%, and adjusted diluted EPS in the range of $17 to $17.25, reflecting a 10% year-over-year increase at the high end. The company continues to invest in AI innovations and maintain strong client engagement, as evidenced by a new strategic partnership with Barclays.

Strong Financial Performance

Revenue increased 6% year-over-year, with subscription revenue rising 7%, and a 150 basis points margin expansion on a trailing 12-month basis.

Significant Shareholder Returns

Nearly $950 million was returned to shareholders in the second quarter through dividends and share repurchases.

Market Intelligence Division Success

Market Intelligence saw 7% organic constant currency revenue growth and over 200 basis points of margin expansion.

Advancements in AI and Data Distribution

Introduction of AI-powered products and partnerships with hyperscale partners like Microsoft and Anthropic to expand data distribution.

Private Markets Revenue Growth

Solid growth in private markets revenue, with private credit being a major driver.

Indices Division Performance

Revenue increased 15%, primarily due to strong growth in Asset-Linked Fees and Exchange-Traded Derivative revenue.

S&P Global (SPGI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SPGI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	4.27 / -	3.89	―	―	―
Jul 31, 2025	2025 (Q2)	4.21 / 4.43	4.04	9.65% (+0.39)
Apr 29, 2025	2025 (Q1)	4.20 / 4.37	4.01	8.98% (+0.36)
Feb 11, 2025	2024 (Q4)	3.47 / 3.77	3.13	20.45% (+0.64)
Oct 24, 2024	2024 (Q3)	3.64 / 3.89	3.21	21.18% (+0.68)
Jul 30, 2024	2024 (Q2)	3.64 / 4.04	3.12	29.49% (+0.92)
Apr 25, 2024	2024 (Q1)	3.65 / 4.01	3.15	27.30% (+0.86)
Feb 08, 2024	2023 (Q4)	3.15 / 3.13	2.54	23.23% (+0.59)
Nov 02, 2023	2023 (Q3)	3.04 / 3.21	2.93	9.56% (+0.28)
Jul 27, 2023	2023 (Q2)	3.12 / 3.12	2.81	11.03% (+0.31)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SPGI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$528.41	$550.14	+4.11%
Apr 29, 2025	$477.65	$489.99	+2.58%
Feb 11, 2025	$512.52	$537.60	+4.89%
Oct 24, 2024	$507.28	$489.69	-3.47%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does S&P Global (SPGI) report earnings?

S&P Global (SPGI) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is S&P Global (SPGI) earnings time?

S&P Global (SPGI) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SPGI EPS forecast?

SPGI EPS forecast for the fiscal quarter 2025 (Q3) is 4.27.

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