Filing Flows › S&P Global (SPGI) › Q3 2026
S&P Global (SPGI) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
S&P Global (SPGI) reported revenue of $3.7B for the third quarter 2026 (Q3 2026), +7% from a year earlier and -11% from the quarter before. Operating margin was 53.2%, net earnings $1.2B (33.7% of revenue).
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.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | -11% | +7% |
| Operating profit | $2.0B | +8% | +26% |
| Net earnings | $1.2B | +2% | +5% |
What changed
Revenue was $3.7B in Q3 2026, up 7% year over year and down 11% from the previous quarter. Subscription was the largest line at 47% of revenue. Subscription added $0.10B year over year (up 6%), 40% of the total change.
Operating profit was $2.0B, a 53.2% margin (up 8.0 points year over year). Of the extra revenue versus Q3 2025, 170% reached operating profit, above the 45% margin then. Total costs fell 9% while revenue rose 7%. Net earnings were $1.2B, up 5% year over year. The effective tax rate was 25.7%.
Questions
What was S&P Global's revenue in the third quarter 2026?
S&P Global (SPGI) reported revenue of $3.7B for the third quarter 2026 (Q3 2026), +7% from a year earlier and -11% from the quarter before.
Was S&P Global profitable in the third quarter 2026?
Operating profit was $2.0B (53.2% of revenue) and net earnings $1.2B.
Source: S&P Global 10-Q on SEC EDGAR.