Filing Flows › S&P Global (SPGI) › Guidance & outlook
S&P Global (SPGI) guidance and outlook
S&P Global (SPGI) raised some and lowered other parts of its guidance on Oct 27, 2026: Revenue +7.4% to +8.4% for FY2026; Operating margin +310 bps to +335 bps for FY2026; Operating margin +125 bps to +150 bps for FY2026; Interest expense $380M–$390M for FY2026. S&P Global's 10-Q filed Jul 28, 2026 makes 8 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | +7.4% to +8.4% | raised |
| Revenue | FY2026 | +5.9% to +7.9% | new |
| Operating margin | FY2026 | +310 bps to +335 bps | lowered |
| Operating margin | FY2026 | +125 bps to +150 bps | raised |
| Interest expense | FY2026 | $380M–$390M | raised |
| Tax rate | FY2026 | 22%–23% | reaffirmed |
| EPS | FY2026 | $16.25–$16.50 | lowered |
| Capital expenditures | FY2026 | $155M–$165M | lowered |
From the earnings release filed Oct 27, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Jul 28, 2026
- Beginning with the third quarter of 2026, the historical financial results of Mobility through June 30, 2026 will be reflected in our consolidated financial statements as discontinued operations in accordance with U.S.
- We believe that delivering on our key strategic priorities will create shareholder value through long-term profitable growth and we expect to continue to deliver targeted capital return to shareholders.
- There can be no assurance that we will achieve success in implementing any one or more of these strategies as a variety of factors could unfavorably impact operating results, including prolonged difficulties in the global credit markets and a change in the regulatory environment affecting our businesses.
- We are continuing to monitor developments related to this guidance and will evaluate the impact on our financial statements as additional information becomes available.
- The proposed acquisition is not expected to have a material impact to our consolidated financial statements.
- The acquisition will bring together leading data center forecasting, market outlooks and technology intelligence from 451 Research, part of our Energy segment, alongside comprehensive coverage of global power markets across grid infrastructure and intelligence, and supply/demand forecasts, with datacenterHawk's proprietary asset-level intelligence on data center supply/demand, pricing, pipelines and site…
- The anticipated divestiture of Energy's geoscience and petroleum engineering software portfolio is not expected to have a material impact to our consolidated financial statements.
- • any loss of synergies from separating the businesses of Mobility Global and the Company that adversely impact the results of operations of both businesses, or the companies resulting from the separation of Mobility Global not realizing all of the expected benefits of the separation.
S&P Global's latest quarter
S&P Global, Q3 2026: revenue $3.7B (+7% year over year), operating margin 53.2%, net earnings $1.2B. The chart follows the revenue to costs, profit and cash.
Questions
Did S&P Global raise or lower its guidance?
S&P Global (SPGI) raised some and lowered other parts of its guidance on Oct 27, 2026: Revenue +7.4% to +8.4% for FY2026; Operating margin +310 bps to +335 bps for FY2026; Operating margin +125 bps to +150 bps for FY2026; Interest expense $380M–$390M for FY2026.
What does S&P Global expect?
Beginning with the third quarter of 2026, the historical financial results of Mobility through June 30, 2026 will be reflected in our consolidated financial statements as discontinued operations in accordance with U.S. We believe that delivering on our key strategic priorities will create shareholder value through long-term profitable growth and we expect to continue to deliver targeted capital return to shareholders. There can be no assurance that we will achieve success in implementing any one or more of these strategies as a variety of factors could unfavorably impact operating results, inc
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.