S&P Global Inc. filed a Current Report on Form 8-K on October 23, 2026, to provide unaudited pro forma condensed consolidated financial statements following the completion of its previously announced separation of the S&P Global Mobility segment.
The separation was completed on July 1, 2026, and resulted in the creation of Mobility Global Inc., a separate, independent public company. The transaction was structured as a spin-off, with S&P Global shareholders receiving one share of Mobility Global common stock for every one share of S&P Global stock held of record as of the close of business on June 15, 2026.
Mobility Global is now listed on the New York Stock Exchange under the ticker symbol "MBGL." Following the distribution, S&P Global no longer consolidates Mobility Global into its financial results.
The filing includes pro forma financial statements for the six months ended June 30, 2026, and the years ended December 31, 2025, 2024, and 2023. These statements reclassify Mobility as discontinued operations to reflect the separation as if it had occurred on January 1, 2023.
According to the unaudited pro forma condensed consolidated statement of income for the six months ended June 30, 2026, the company reported pro forma revenue of $7,397 million and net income attributable to S&P Global Inc. of $2,539 million.
The unaudited pro forma condensed consolidated balance sheet as of June 30, 2026, lists total assets of $49,881 million and total equity of $21,736 million.
The filing details several transaction accounting adjustments, including $53 million in additional non-recurring costs related to the Separation, such as investment banker and legal fees. It also notes a Transition Services Agreement where S&P Global will provide services to Mobility Global, resulting in pro forma adjustments to selling and general expenses of $13 million for the six months ended June 30, 2026, and $35 million for the year ended December 31, 2025.
