S&P Global's first quarter 2026 revenue grew 10% to $4.17 billion, beating analyst estimates.

S&P Global reported first quarter revenue of $4.171 billion, an increase of 10% year-over-year, beating consensus estimates of $3.98 billion. Adjusted diluted EPS grew 14% to $4.97, also ahead of the expected $4.82.

Key Highlights

• Revenue growth was led by strong performance in the Indices and Ratings segments, which grew 17% and 13% respectively, signaling a recovery in credit market activity.
• Adjusted operating margin expanded by 100 basis points to 51.8%, with management noting margin expansion in every division.
• The company repurchased $1.0 billion of its shares during the quarter and updated its full-year 2026 guidance for adjusted diluted EPS to a range of $19.40 to $19.65.