S&P Global reported third quarter 2026 results characterized by an adjusted EPS beat and the significant announcement of a strategic review for its Capital IQ business. Following the completed spin-off of its Mobility division on July 1, 2026, the company recast its financials to reflect continuing operations, showing a 7% year-over-year revenue increase to $3.68 billion and expanding adjusted operating margins to 53.5%.
Key Highlights
- Adjusted diluted EPS reached $4.58, a 9% increase year-over-year, benefiting from growth in operating profit and a 4% reduction in shares outstanding.
- Total revenue from continuing operations grew 7% to $3.68 billion, driven primarily by strong performance in the Indices (+20%) and Market Intelligence (+7%) divisions.
- The company initiated a strategic review for the potential separation of Capital IQ and associated data businesses to allow for dedicated investment and accelerated innovation.
- Management raised its full-year 2026 adjusted guidance, now expecting adjusted diluted EPS of $17.70 to $17.95 and revenue growth of 7.4% to 8.4%.
- Shareholder returns remained aggressive with $2.6 billion in share repurchases during the quarter, bringing the year-to-date total to over $4 billion.