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S&P Global (SPGI) Cost of Revenue (2016 - 2025)

S&P Global (SPGI) has disclosed Cost of Revenue for 17 consecutive years, with $1.2 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 7.93% year-over-year to $1.2 billion, compared with a TTM value of $4.6 billion through Dec 2025, up 5.02%, and an annual FY2025 reading of $4.6 billion, up 4.63% over the prior year.
  • Cost of Revenue was $1.2 billion for Q4 2025 at S&P Global, up from $1.1 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.2 billion in Q4 2025 and bottomed at $527.0 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $948.6 million, with a median of $1.0 billion recorded in 2023.
  • The sharpest move saw Cost of Revenue skyrocketed 88.93% in 2022, then increased 0.61% in 2023.
  • Year by year, Cost of Revenue stood at $582.0 million in 2021, then skyrocketed by 71.65% to $999.0 million in 2022, then rose by 3.3% to $1.0 billion in 2023, then rose by 5.04% to $1.1 billion in 2024, then increased by 7.93% to $1.2 billion in 2025.
  • Business Quant data shows Cost of Revenue for SPGI at $1.2 billion in Q4 2025, $1.1 billion in Q3 2025, and $1.1 billion in Q2 2025.