S&P Global Inc. reported third-quarter 2026 results, showing revenue of $3.678 billion, a 7% increase compared to the prior year. GAAP net income rose 20% to $1.298 billion, while GAAP diluted earnings per share increased 26% to $4.45. Adjusted net income was $1.337 billion, up 4%, with adjusted diluted EPS reaching $4.58, an increase of 9%.
Operating margin expanded by 800 basis points to 53.2%, while adjusted operating margin grew by 60 basis points to 53.5%. The company executed $2.6 billion in share repurchases during the quarter and has repurchased more than $4 billion year-to-date, with a total 2026 repurchase authorization exceeding $7 billion.
In a significant strategic move, S&P Global announced it has initiated a review of alternatives for Capital IQ and associated data businesses, which constitute the majority of its Kensho Data & Platforms unit. The company stated it expects to retain RatingsDirect, RatingsXpress, and Enterprise Solutions. The review is intended to explore potential separation to provide dedicated investment and focus.
For the full year 2026, the company updated its guidance. Revenue growth is now expected to be 7.4% to 8.4%, and organic constant currency growth is expected to be 7.5% to 8.5%. GAAP diluted EPS is expected to be $16.25 to $16.50, while adjusted diluted EPS is expected to be $17.50 to $17.75.
The company also noted that its Mobility division was spun off on July 1, 2026, and has been reclassified as discontinued operations for all periods presented.
