S&P Global's second quarter adjusted EPS beat estimates, driven by record revenue in its Ratings and Indices segments.

S&P Global reported second quarter 2026 pro forma revenue, excluding the recently spun-off Mobility division, of $3.678 billion, an 11% increase year-over-year. Adjusted diluted EPS grew 23% to $4.83, beating consensus estimates.

Key Highlights

• Pro forma revenue growth was led by record results in the Ratings and Indices segments, which grew 17% to $1.34 billion and 20% to $534 million, respectively.
• Adjusted operating margin expanded by 200 basis points to 54.3%, contributing to the 23% growth in adjusted diluted EPS.
• The company increased its full-year 2026 share repurchase guidance to more than $7 billion, a significant increase from the $1.5 billion repurchased year-to-date.