S&P Global (SPGI) Operating Expenses (2009 - 2026)

S&P Global (SPGI) has 18 years of Operating Expenses data on file, last reported at $2.3 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 6.06% year-over-year to $2.3 billion; the trailing twelve-month figure through Mar 2026 stood at $9.3 billion (up 5.3% YoY), and the FY2025 full-year result was $9.2 billion, up 4.91% from the prior year.
• Operating Expenses for Q1 2026 stood at $2.3 billion, down from $2.5 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $2.5 billion in Q4 2025 and bottomed at $1.8 billion in Q1 2022.
• The 5-year median for Operating Expenses is $2.2 billion (2024), against an average of $2.2 billion.
• The widest annual swing landed in 2022, when Operating Expenses soared 118.28%; it then climbed 0.19% in 2023.
• A 5-year view of Operating Expenses shows it stood at $2.2 billion in 2022, then climbed by 1.62% to $2.3 billion in 2023, then grew by 3.05% to $2.3 billion in 2024, then climbed by 7.67% to $2.5 billion in 2025, then declined by 6.69% to $2.3 billion in 2026.
• The last three Operating Expenses figures came in at $2.3 billion (Q1 2026), $2.5 billion (Q4 2025), and $2.2 billion (Q3 2025), per Business Quant data.

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