S&P Global (SPGI) FY2025 10-K Annual Report

Filed: Feb 11, 2026
Information Technology
Services-Consumer Credit Reporting, Collection AgenciesSEC EDGAR

S&P Global (SPGI) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 11, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

S&P Global FY2025 10-K Analysis

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
+3 more insights

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
+3 more insights

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
+3 more insights

S&P Global FY2025 Key Financial Metrics
XBRL

Revenue

$15.3B

+7.9% YoY

Net Income

$4.5B

+16.1% YoY

Operating Margin

42.2%

+297bp YoY

Net Margin

29.2%

+204bp YoY

ROE

14.4%

+275bp YoY

Total Assets

$61.2B

+1.6% YoY

EPS (Diluted)

$14.66

+18.7% YoY

Operating Cash Flow

$5.7B

-0.7% YoY

Source: XBRL data from S&P Global FY2025 10-K filing on SEC EDGAR. All figures in USD.

Get deeper insights on S&P Global

Access full AI analysis, insider trading data, fund holdings, and cross-signal detection on SignalX.