S&P Global Reports Fourth Quarter and Full-Year 2025 Results

Rhea-AI Summary

S&P Global (NYSE: SPGI) reported fourth quarter and full-year 2025 results and scheduled a management review via conference call and webcast today.

The earnings release, supplemental materials, slide content, live webcast and replay are available on the company's Investor Relations website at the Quarterly-Earnings page.

Key Figures

Q4 2025 revenue: $3.916 billion Q4 2025 GAAP net income: $1,134 million Q4 2025 GAAP diluted EPS: $3.75 +5 more

8 metrics

Q4 2025 revenue $3.916 billion Fourth quarter 2025; up 9% vs 2024

Q4 2025 GAAP net income $1,134 million Fourth quarter 2025; up 29% vs 2024

Q4 2025 GAAP diluted EPS $3.75 Fourth quarter 2025; up 32% vs 2024

FY 2025 revenue $15.336 billion Full-year 2025; up 8% year over year

FY 2025 GAAP diluted EPS $14.66 Full-year 2025; up 19% year over year

FY 2025 adjusted diluted EPS $17.83 Full-year 2025; up 14% year over year

2026 EPS guidance $19.40 to $19.65 2026 diluted EPS guidance range

Quarterly dividend $0.97 Board-approved; 53rd consecutive yearly increase

Market Reality Check

Price: $444.19 Vol: Volume of 3,865,629 is ab...

high vol

$444.19 Last Close

Volume Volume of 3,865,629 is above the 20-day average of 2,433,121. high

Technical Shares at 444.19 are trading below the 200-day MA of 514.39 and 23.29% below the 52-week high.

Peers on Argus

Peers show mixed moves: MCO -0.57%, ICE +0.61%, CME +1.64%, MSCI +0.43%, NDAQ +1...

Peers show mixed moves: MCO -0.57%, ICE +0.61%, CME +1.64%, MSCI +0.43%, NDAQ +1.93%. This points to stock-specific drivers for SPGI around its earnings release.

Common Catalyst Select peers like ICE reported operational news, but only one peer had headlines today, suggesting today’s SPGI move is primarily company-specific.

Historical Context

5 past events · Latest: Feb 09 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 09	Index inclusion change	Neutral	+1.1%	RingCentral added to S&P SmallCap 600, replacing Hillenbrand in index.
Feb 05	Thought-leadership launch	Positive	-3.0%	Launch of Partner Perspectives research initiative with Vanguard for investors.
Feb 04	Dealer recognition awards	Neutral	-0.6%	CARFAX honors top-rated U.S. dealers based on customer ratings.
Feb 03	Mobility rebranding, spin	Positive	-11.3%	Mobility business to become Mobility Global, Inc. as standalone company.
Jan 30	Safety recall findings	Negative	-0.2%	CARFAX Canada flags nearly one million used vehicles with open recalls.

Pattern Detected

Recent SPGI-related headlines, including branding changes and thought-leadership initiatives, often saw mixed or negative price reactions, even when the underlying news was constructive.

Recent Company History

Over the last several weeks, SPGI news has focused on portfolio brands and strategic positioning. On Feb 3, 2026, the company announced the Mobility division’s future identity as “Mobility Global,” which coincided with a -11.27% move. A new Partner Perspectives research initiative with Vanguard on Feb 5 saw a -2.96% reaction. CARFAX- and CARFAX Canada-branded safety and dealer-recognition updates in late January and early February had relatively minor price impacts. Against this backdrop, the Feb 10 earnings-focused 8-K highlights stronger financial performance than these prior, more strategic or informational updates.

Market Pulse Summary

This announcement directs attention to S&P Global’s detailed fourth quarter and full-year 2025 resul...

Analysis

This announcement directs attention to S&P Global’s detailed fourth quarter and full-year 2025 results, with Q4 revenue of $3.916 billion and full-year GAAP diluted EPS of $14.66. The accompanying 8-K also outlines 2026 EPS guidance of $19.40–$19.65 and an increased quarterly dividend of $0.97. In context of recent branding and strategic updates, this earnings release provides a clearer view of operating performance, segment growth, and capital return plans to track going forward.

Key Terms

gaap, diluted eps, adjusted net income, adjusted free cash flow, +4 more

8 terms

gaap financial

"GAAP net income rose 29% to $1,134 million, and GAAP diluted EPS increased"

GAAP, or Generally Accepted Accounting Principles, are a set of standardized rules and guidelines that companies follow when preparing their financial statements. They ensure consistency, transparency, and comparability across different companies, making it easier for investors to understand and compare financial information accurately. This helps investors make informed decisions based on trustworthy and uniform financial reports.

diluted eps financial

"GAAP diluted EPS increased 32% to $3.75, helped by growth in Ratings"

Diluted earnings per share (EPS) shows how much profit a company makes for each share of stock, assuming all possible shares from stock options or convertible securities are used. It provides a more conservative estimate than basic EPS, accounting for potential share increases that could dilute ownership. Investors use diluted EPS to get a clearer picture of a company's true profitability on a per-share basis.

adjusted net income financial

"Adjusted net income grew 12% to $1.299 billion, with adjusted diluted EPS"

Adjusted net income is a company's reported profit after removing unusual, one-time, or non-operational items so the number reflects the business’s regular earning power. Investors use it like a cleaned-up scorecard — similar to judging a player’s season performance without a few fluke games — to compare companies or assess trends without being misled by rare gains or losses that won’t affect future cash flow.

adjusted free cash flow financial

"The company expects adjusted free cash flow, excluding certain items, to grow"

Adjusted free cash flow is the amount of money a company generates from its operations after accounting for essential expenses and investments, like maintaining or upgrading equipment. It shows how much cash is truly available to grow the business, pay debts, or return to shareholders, helping investors see the company's financial health more clearly.

8-k regulatory

"[8-K] S&P Global Inc. Reports Material Event"

An 8-K is a public report companies must file with the U.S. Securities and Exchange Commission to disclose major events or changes that shareholders should know about, such as leadership changes, mergers, financial surprises, or legal developments. It matters to investors because it acts like a breaking-news alert for a company’s health and prospects—providing timely facts that can affect stock value and investment decisions.

form 3 regulatory

"[Form 3] S&P Global Inc. Initial Statement of Beneficial Ownership"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

form 4 regulatory

"[Form 4] S&P Global Inc. Insider Trading Activity"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

phantom stock units financial

"the director acquired 453.9 phantom stock units at a derivative price of $0"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

AI-generated analysis. Not financial advice.

NEW YORK, Feb. 10, 2026 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported fourth quarter and full-year 2025 results. The Company's earnings release and supplemental materials are available at http://investor.spglobal.com/Quarterly-Earnings. 

Supplemental Information/Conference Call/Webcast Details:  The Company's senior management will review the fourth quarter and full-year 2025 earnings results on a conference call scheduled for today, February 10, at 8:30 a.m. ET. Additional information presented on the conference call, and the Company's supplemental slide content may be found on the Company's Investor Relations Website at http://investor.spglobal.com/Quarterly-Earnings. 

The Webcast will be available live and in replay at http://investor.spglobal.com/Quarterly-Earnings. 

About S&P Global

S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive economically in a rapidly changing global landscape.

From helping our customers assess new investments across the capital and commodities markets to guiding them through the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world's leading organizations to unlock opportunities, solve challenges, and plan for tomorrow – today. Learn more at www.spglobal.com. 

Investor Relations:  http://investor.spglobal.com 

Contact:

Investor Relations:
Mark Grant
Senior Vice President, Investor Relations and Treasurer
Tel:  +1 (347) 640-1521
mark.grant@spglobal.com 

Media:
Christina Twomey
Chief Communications Officer
Tel:  +1 (410) 382-3316
christina.twomey@spglobal.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/sp-global-reports-fourth-quarter-and-full-year-2025-results-302683719.html

SOURCE S&P Global

FAQ

When will S&P Global (SPGI) discuss Q4 and full-year 2025 results?

The company will review results on a conference call today, February 10, at 8:30 a.m. ET. According to the company, senior management will present the fourth quarter and full-year 2025 earnings and answer questions during the scheduled call and webcast.

Where can investors find S&P Global's (SPGI) Q4 2025 earnings release and supplemental materials?

Investors can access the earnings release and supplemental materials on the company's Investor Relations Quarterly-Earnings page. According to the company, the site hosts the release, supplemental slides, webcast link and replay for on-demand review after the live event.

How can I listen to the S&P Global (SPGI) earnings webcast and replay?

The webcast is available live and in replay on the company's Investor Relations Quarterly-Earnings page. According to the company, the investor site provides a direct webcast link and archived replay for investors who cannot attend the live call.

Will S&P Global (SPGI) provide supplemental slide content for Q4 and FY2025?

Yes, supplemental slide content will be posted alongside the earnings release on the Investor Relations Quarterly-Earnings page. According to the company, the slides will be available for download and used during the management review on the conference call.

What time should shareholders join the S&P Global (SPGI) conference call on February 10, 2026?

Shareholders should join the call at 8:30 a.m. ET on February 10, 2026 to hear management's review live. According to the company, the live webcast will begin at that time and a replay will be posted afterward on the investor site.