S&P Global beats expectations as Q2 revenue rises 6%

Published 31/07/2025, 12:50
 S&P Global beats expectations as Q2 revenue rises 6%

NEW YORK - S&P Global Inc. (NYSE:SPGI) reported better-than-expected second quarter results on Thursday, as growth in Market Intelligence and S&P Dow Jones Indices drove revenue higher.

The company’s shares rose 1.07% in pre-market trading following the announcement.

The financial information and analytics provider posted adjusted earnings per share of $4.43, exceeding analyst estimates of $4.20. Revenue increased 6% YoY to $3.76 billion, surpassing the consensus forecast of $3.66 billion.

"S&P Global delivered better than expected financial results in the second quarter, supported by execution in our customer initiatives and resilience in the debt and equity markets," said Martina Cheung, President and CEO.

The company’s subscription revenue grew 7% compared to the same period last year, while its adjusted operating profit margin expanded by 70 basis points to 51.4%. Market Intelligence and S&P Dow Jones Indices were particularly strong performers, with the latter’s revenue jumping 15% YoY.

S&P Global updated its full-year 2025 guidance, now expecting revenue growth of 5-7% and adjusted earnings per share between $17.00 and $17.25, compared to the analyst consensus of $17.07.

The company also announced plans to execute additional accelerated share repurchases totaling up to $1.3 billion in the coming weeks, as part of its strategy to return approximately 85% of adjusted free cash flow to shareholders through dividends and share repurchases in 2025.

S&P Global remains on track with its previously announced planned separation of its Mobility division, which saw a 10% revenue increase in the quarter. The company also expects to complete the divestiture of its OSTTRA Joint Venture later this year.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.