S&P Global Inc. revenue by segment SPGI

Annual Quarterly

S&P Global Inc. splits its revenue into 6 lines in its filings. The largest line in Q3 of fiscal 2026, the quarter ended Sep 30, 2026 was Subscription at $1.7 billion, 47% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line	TTM Sep 30, 2026	Q3 FY2026 Sep 30, 2026	Q2 FY2026 Jun 30, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025	Q3 FY2024 Sep 30, 2024
Revenue	16,293	3,678	4,146	4,171	5,219	3,443	3,755	3,777	3,575
Subscription	8,133 +22.2% share 49.9%	1,719 +5.8% share 46.7%	2,064 +5.6% share 49.8%	2,014 +6.1% share 48.3%	2,028 share 38.9%	1,624 -12.9% share 47.2%	1,954 share 52.0%	1,898 share 50.3%	1,864 share 52.1%
Non Subscription Transaction	3,431 +20.5% share 21.1%	746 +2.3% share 20.3%	895 +20.1% share 21.6%	978 +15.1% share 23.4%	738 share 14.1%	729 -0.8% share 21.2%	745 share 19.8%	850 share 22.5%	735 share 20.6%
Non Transaction	2,167 +8.5% share 13.3%	539 +3.5% share 14.7%	540 +7.6% share 13.0%	538 +11.9% share 12.9%	549 share 10.5%	521 +11.8% share 15.1%	502 share 13.4%	481 share 12.7%	466 share 13.0%
Asset Linked Fees	1,392 +19.4% share 8.5%	375 +23.8% share 10.2%	348 +21.7% share 8.4%	339 +17.7% share 8.1%	330 share 6.3%	303 +13.9% share 8.8%	286 share 7.6%	288 share 7.6%	266 share 7.4%
Recurring Variable Revenue	674 +9.4% share 4.1%	176 +11.4% share 4.8%	173 +9.5% share 4.2%	169 +12.7% share 4.1%	156 share 3.0%	158 +11.3% share 4.6%	158 share 4.2%	150 share 4.0%	142 share 4.0%
Sales Usage Based Royalties	496 +16.4% share 3.0%	123 +13.9% share 3.3%	126 +14.5% share 3.0%	133 +20.9% share 3.2%	115 share 2.2%	108 +5.9% share 3.1%	110 share 2.9%	110 share 2.9%	102 share 2.9%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Services-Consumer Credit Reporting, Collection Agencies (SIC 7320)
Listed as: SPGI (NYSE)
Fiscal year ends: December 31
Incorporated in: NY
Headquarters: New York, NY
SEC filer status: Large accelerated filer
SEC CIK: 64040
Former names: MCGRAW HILL FINANCIAL INC (until May 3, 2016); MCGRAW-HILL COMPANIES INC (until Apr 30, 2013); MCGRAW HILL INC (until Feb 24, 1995)

Other Services-Consumer Credit Reporting, Collection Agencies companies

All 5 Services-Consumer Credit Reporting, Collection Agencies companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.