S&P Global Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	15,336	14,208	12,497	11,181	8,297
Revenue Growth (YoY)	7.94%	13.69%	11.77%	34.76%	11.49%
Cost of Revenue	4,563	4,361	4,141	3,753	2,180
Gross Profit	10,773	9,847	8,356	7,428	6,117
Selling, General & Admin	3,417	3,196	3,159	3,396	1,729
Depreciation & Amortization Expenses	1,179	1,173	1,143	1,013	178
Other Operating Expenses	-273	-59	70	-1,898	-11
Operating Income	6,450	5,537	3,984	4,917	4,221
Interest Income	28	43	36	27	-
Interest Expense	-287	-297	-334	-304	-119
Other Non-Operating Income (Expense)	36	25	-15	62	62
Total Non-Operating Income (Expense)	-223	-229	-313	-215	-57
Pretax Income	6,227	5,308	3,671	4,702	4,164
Provision for Income Taxes	1,407	1,141	778	1,180	901
Net Income	4,471	3,852	2,626	3,248	3,024
Minority Interest in Earnings	349	315	267	274	239
Net Income to Common	4,471	3,852	2,626	3,248	3,024
Net Income Growth	16.07%	46.69%	-19.15%	7.41%	29.29%
Shares Outstanding (Basic)	305	312	318	317	241
Shares Outstanding (Diluted)	305	312	319	319	242
Shares Change (YoY)	-2.18%	-2.20%	0.13%	31.72%	-0.12%
EPS (Basic)	14.67	12.36	8.25	10.25	12.56
EPS (Diluted)	14.66	12.35	8.23	10.20	12.51
EPS Growth	18.70%	50.06%	-19.31%	-18.46%	29.50%
Free Cash Flow	5,456	5,565	3,567	2,514	3,563
Free Cash Flow Growth	-1.96%	56.01%	41.88%	-29.44%	2.06%
Free Cash Flow Per Share	17.88	17.84	11.19	7.89	14.74
Dividends Per Share	3.840	3.640	3.600	3.320	3.080
Dividend Growth	5.50%	1.11%	8.43%	7.79%	14.92%
Gross Margin	70.25%	69.31%	66.86%	66.43%	73.73%
Operating Margin	42.06%	38.97%	31.88%	43.98%	50.87%
Profit Margin	31.43%	29.33%	23.15%	31.50%	39.33%
FCF Margin	35.58%	39.17%	28.54%	22.48%	42.94%
EBITDA	7,629	6,710	5,127	5,930	4,399
EBITDA Margin	49.75%	47.23%	41.03%	53.04%	53.02%
EBIT	6,450	5,537	3,984	4,917	4,221
EBIT Margin	42.06%	38.97%	31.88%	43.98%	50.87%
Effective Tax Rate	22.60%	21.50%	21.19%	25.10%	21.64%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.