S&P Global said revenue for the quarter ended March 31, 2025 increased 8% compared with the prior-year period and increased at all reportable segments. The company said foreign exchange rates had an unfavorable impact of 1 percentage point on revenue.

10-QQuarterly reportFiled Apr 29, 2025Period of report Mar 31, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

S&P Global said revenue for the quarter ended March 31, 2025 increased 8% compared with the prior-year period and increased at all reportable segments. The company said foreign exchange rates had an unfavorable impact of 1 percentage point on revenue.
S&P Global said operating profit increased 14% in the quarter. Excluding the impact of IHS Markit merger costs in 2024 of 11 percentage points, the increase was 10%, the company said, citing revenue growth as a factor, partially offset by higher compensation costs.
S&P Global said on April 29, 2025 its Board of Directors decided to pursue a full separation of its Mobility segment through a spin-off and expects to complete the transaction within 12 to 18 months. The company also said it agreed with CME Group on April 14 to sell OSTTRA to investment funds managed by KKR at a total enterprise value of $3.1 billion.
S&P Global said it repurchased 1.0 million shares for $650 million in cash for the 3 months ended March 31, 2025, compared with 1.0 million shares repurchased for $500 million in the same period of 2024. Cash used for financing activities increased $446 million to $1,103 million.

Key figures

Quarter ended March 31, 2025

Revenue: $3.8B
Operating income: $1.6B
Net income: $1.1B
EPS: $3.54
Operating cash flow: $953M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q1 2025 Revenue Up 8%

S&P Global said revenue for the quarter ended March 31, 2025 increased 8% compared with the prior-year period and increased at all reportable segments. The company said foreign exchange rates had an unfavorable impact of 1 percentage point on revenue.

Source · Based on the MD&A text of the filing

Operating Profit Increased 14% and One-Time Items

S&P Global said operating profit increased 14% in the quarter. Excluding the impact of IHS Markit merger costs in 2024 of 11 percentage points, the increase was 10%, the company said, citing revenue growth as a factor, partially offset by higher compensation costs.

Source · Based on the MD&A text of the filing

Mobility Separation Plan and OSTTRA Sale Agreement

S&P Global said on April 29, 2025 its Board of Directors decided to pursue a full separation of its Mobility segment through a spin-off and expects to complete the transaction within 12 to 18 months. The company also said it agreed with CME Group on April 14 to sell OSTTRA to investment funds managed by KKR at a total enterprise value of $3.1 billion.

Source · Based on the MD&A text of the filing

Quarterly Share Repurchases and Financing Cash Flow

S&P Global said it repurchased 1.0 million shares for $650 million in cash for the 3 months ended March 31, 2025, compared with 1.0 million shares repurchased for $500 million in the same period of 2024. Cash used for financing activities increased $446 million to $1,103 million.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗