SPGI at a glance
S&P Global (SPGI, SEC CIK 64040) filed its latest 10-K annual report on February 11, 2026, a 10-Q quarterly report on July 28, 2026, an 8-K current report on July 28, 2026 and Form 4 insider filings as recently as October 5, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), S&P Global (SPGI) reported revenue of $15.3 billion (up 7.9% from FY2024) and net income of $4.5 billion. Diluted EPS was $14.66.
- As of June 30, 2026, 58 institutional investment managers tracked by SignalX reported holding S&P Global (SPGI) shares worth $42.6 billion in 13F-HR filings.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $15.3B
- +7.9% vs prior year
- Insiders · 90 days
- 0 buys · 0 sells
- No open-market trades
- 13F holders
- 58 funds
- $42.6B · +1 vs prior quarter
- Latest 8-K
- Jul 28, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business model: provider of benchmarks, data, analytics, and workflow solutions across global capital, energy/commodity, and automotive markets
- Strategic shift: announced full separation and spin-off of Mobility segment, expected mid-2026, creating a new publicly traded company
- Notable quantitative metric: approximately 44,500 employees worldwide as of December 31, 2025, with 26,200 in Asia, 11,050 in U.S./Canada and 6,200 in EMEA
- New emphasis: expanded data and insight offerings related to energy transition, sustainability, and supply chain analytics under Market Intelligence
- Unusual fact: completed sale of S&P Global Engineering Solutions segment as of May 2, 2023, fully exited engineering standards business
Risk Factors
- Regulatory risk: evolving, complex AI laws and regulations globally increasing compliance costs and exposure to fines or sanctions
- Geopolitical risk: exposure to state-sponsored cyber attacks targeting our information systems and third-party service providers worldwide
- Operational risk: transition to cloud infrastructure raises risk of data loss, operational disruption, and costly remediation efforts
- Competitive risk: AI deployment by competitors potentially reducing demand for our products and enabling development of competing services
- Financial risk: intense competition for AI talent risks hampering our ability to retain key personnel critical for AI development and innovation
Management Discussion & Analysis
- Revenue $15.34B in 2025, up 8% YoY from $14.21B in 2024, driven by growth across all segments
- Operating margin 42% in 2025 vs 39% in 2024; operating profit $6.48B, up 16% YoY
- Best performing segment: Ratings with notable growth in non-transaction and transaction revenue; worst impact from sale of Fincentric in Market Intelligence
- Shareholder returns $15.1B over 3 years, including $11.6B buybacks and $3.5B dividends; 2026 Q1 dividend set at $0.97/share
- 2026 outlook focused on advancing market leadership, expanding high-growth adjacencies, and amplifying AI-driven enterprise capabilities; key risks include credit market challenges and regulatory changes
AI summary of the SPGI 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $4,146M, up 10% YoY from $3,755M
- Operating margin 44% vs 41% YoY, with operating profit $1,812M, up 17%
- Best segment Ratings: operating profit $913M, up 28%; worst Energy: $233M, flat YoY
- Net income attributable to S&P Global $1,217M, up 14% from $1,072M
- Outlook: targeted shareholder capital returns; risks include prolonged credit-market difficulties and regulatory changes
Risk Factors
- No material changes to 10-K risk factors disclosed
- Iran sanctions-compliance exposure from exempt information transactions involving Iranian entities
- Iran-related dealings generated de minimis revenue and net profit
- Separation of Mobility Global introduces transition, tax, and employee-matters execution exposure
- Share repurchase program retained 28.4 million authorized shares as of June 30, 2026
AI summary of the SPGI 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Items 2.02 and 7.01 information furnished, not filed under Section 18 liability provisions
- Exhibits 99.1 and 99.2 contain the substantive earnings-related disclosures
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Steven Kemps retiring as Executive Vice President and Chief Legal Officer effective December 31, 2026
- Successor search underway, creating near-term legal leadership transition risk
Item 7.01: Regulation FD Disclosure
- Exhibit 99.1 announces a retirement involving S&P Global
- Investor relevance depends on the retiree’s role and succession details in Exhibit 99.1
Item EX-99.1: Item EX-99.1
- Market Intelligence reorganized into Kensho Data & Platforms and Enterprise Solutions to accelerate AI-native products and workflows
- Platforms consolidates Capital IQ, Ratings Direct, Visible Alpha and With Intelligence interfaces, supporting simpler customer access
Item 7.01: Regulation FD Disclosure
- Exhibit 99.1 furnished under Regulation FD, containing the substantive disclosure
- Exhibit excluded from Exchange Act Section 18 liability and Securities Act incorporation by reference
Item EX-99.1: Item EX-99.1
- Mobility spin-off requires post-separation comparability; GAAP 2Q 2026 includes Mobility, while Q3 excludes it
- 2025 pro forma revenue $13,589 million, excluding Mobility, establishes the new operating baseline
AI summaries of SPGI 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for SPGI
Don't miss the next SPGI filing
- Alerts as it files. A push when SPGI files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut SPGI, by share count.
- Ask anything. An AI agent that reads every SPGI filing and answers with sources.
SPGI alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Ganesan Girish | M | Oct 1, 2026 | 186 | - |
| Ganesan Girish | F | Oct 1, 2026 | 103 | $388.16 |
| Ganesan Girish | M | Oct 1, 2026 | 186 | - |
| Thomas Darren Robert | F | Aug 1, 2026 | 227 | $411.93 |
| Thomas Darren Robert | M | Aug 1, 2026 | 558 | - |
| Thomas Darren Robert | M | Aug 1, 2026 | 558 | - |
| Eager William W | A | Jul 1, 2026 | 4,917 | - |
| Eager William W | D | Jul 1, 2026 | 13,286 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | $12.5B | $14.2B | $15.3B |
| Operating Income | $4.0B | $5.6B | $6.5B |
| Net Income | $2.6B | $3.9B | $4.5B |
| Op. Margin | 32.2% | 39.3% | 42.2% |
| Net Margin | 21.0% | 27.1% | 29.2% |
| Balance Sheet | |||
| Total Assets | $60.6B | $60.2B | $61.2B |
| Equity | - | $33.2B | $31.1B |
| ROE | - | 11.6% | 14.4% |
| Per Share | |||
| EPS | $8.23 | $12.35 | $14.66 |
| Cash Flow | |||
| Operating CF | $3.7B | $5.7B | $5.7B |
Source: XBRL data in S&P Global (SPGI)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate SPGI share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 58 | $42.57B |
| Q1 2026 | 57 | $45.22B |
| Q4 2025 | 54 | $58.64B |
| Q3 2025 | 57 | $56.44B |
| Q2 2025 | 56 | $61.57B |
| Q1 2025 | 54 | $44.45B |
| Q4 2024 | 51 | $34.64B |
| Q3 2024 | 44 | $16.78B |
- Citadel Advisors LLC+745.9K (+202%)
- Franklin Resources+574.9K (+42%)
- Two Sigma Investments+358.4K (+276%)
- State Street Corp+307.3K (+2%)
- JPMorgan Chase & Co+293.3K (+19%)
- Bank of America Corp−2.32M (-52%)
- Morgan Stanley−598.9K (-8%)
- FMR LLC (Fidelity)−593.1K (-18%)
- Vanguard Portfolio Management LLC−494.0K (-7%)
- Goldman Sachs Group−286.7K (-10%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 431 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
SPGI filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 5, 2026 | - | - | - |
| 4 | Aug 4, 2026 | - | - | - |
| 8-K | Jul 28, 2026 | - | Analysis | - |
| 10-Q | Jul 28, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 6, 2026 | - | Analysis | - |
| 4 | Jul 6, 2026 | - | - | - |
| 8-K | Jul 6, 2026 | - | Analysis | - |
| 8-K | Jul 2, 2026 | - | Analysis | - |
| 8-K | May 26, 2026 | - | Analysis | |
| 8-K | May 21, 2026 | - | Analysis | |
| 8-K | May 21, 2026 | - | Analysis | |
| 8-K | May 20, 2026 | - | Analysis | |
| 8-K | May 18, 2026 | - | Analysis | |
| 8-K | May 12, 2026 | - | Analysis | |
| 8-K | May 7, 2026 | - | Analysis | |
| 4 | May 5, 2026 | - | - | - |
| 4 | May 4, 2026 | - | - | - |
| 4 | May 4, 2026 | - | - | - |
| 4 | May 1, 2026 | - | - | - |
| SC 13G | Apr 30, 2026 | - | - | |
| 10-Q | Apr 28, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 28, 2026 | - | Analysis | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
| 4 | Mar 3, 2026 | - | - | - |
Related Financials companies
- MCO · Moody's CorporationServices-Consumer Credit Reporting, Collection Agencies
- SRCE · 1ST SOURCE CORPState Commercial Banks
- ABX · Abacus Global Management, Inc.Investment Advice
- ACTG · ACACIA RESEARCH CORPPatent Owners & Lessors
- AAMI · Acadian Asset Management Inc.Investment Advice
- ACNB · ACNB CORPState Commercial Banks
- AMG · Affiliated Managers Group IncInvestment Advice
- AFL · AflacAccident & Health Insurance
SPGI SEC filings: frequently asked questions
Which institutions hold SPGI stock?
As of June 30, 2026, the largest S&P Global (SPGI) holders among the 13F filers tracked by SignalX were BlackRock ($9.8 billion), Vanguard Capital Management LLC ($7.9 billion), State Street Corp ($5.9 billion), Morgan Stanley ($3.0 billion), Vanguard Portfolio Management LLC ($2.6 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was SPGI's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), S&P Global (SPGI) reported revenue of $15.3 billion (up 7.9% from FY2024) and net income of $4.5 billion. Diluted EPS was $14.66. The figures come from the XBRL data in the 10-K.
What are the main risks in SPGI's latest 10-K?
In the 10-K filed February 11, 2026, S&P Global (SPGI) flagged: Regulatory risk: evolving, complex AI laws and regulations globally increasing compliance costs and exposure to fines or sanctions. Geopolitical risk: exposure to state-sponsored cyber attacks targeting our information systems and third-party service providers worldwide. (AI summary of the Risk Factors section.)
What did SPGI report in its latest 8-K?
S&P Global (SPGI) filed an 8-K on July 28, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Items 2.02 and 7.01 information furnished, not filed under Section 18 liability provisions.
What are the latest SPGI SEC filings?
S&P Global (SPGI) filed its latest 10-K annual report on February 11, 2026, a 10-Q quarterly report on July 28, 2026, an 8-K current report on July 28, 2026 and a Form 4 insider filing on October 5, 2026.
What is SPGI's SEC CIK number?
S&P Global (SPGI)'s SEC Central Index Key (CIK) is 64040. EDGAR lists every SPGI filing under that number.
Ask anything about SPGI
The research agent reads SPGI's filings, financials, insider trades and 13F holders, then answers with sources.