S&P Global (NYSE: SPGI) reported third-quarter 2026 revenue of $3.68 billion, up 7% year over year, while adjusted earnings per share rose 9% to $4.58. The company raised its full-year revenue and adjusted earnings outlook, supporting its growth outlook. The Indices business led growth, with revenue rising 20% to $554 million. Revenue from Ratings increased 2%, while Energy returned to 6% growth. S&P Global now expects full-year revenue growth of about 7.9% at the midpoint of its guidance range. The company also began a strategic review of its Capital IQ and Kensho Data Platforms businesses. A potential separation could allow S&P Global to focus more on credit ratings and market benchmarks, though the final structure and timeline remain unclear. Investors will watch how the review affects the company’s growth and margins, particularly as artificial intelligence reshapes demand for financial data platforms.
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