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

S&P Global's Operating Expenses history runs 18 years deep, the most recent figure standing at $2.3 billion for Q1 2026.

• Quarterly Operating Expenses rose 6.06% year-over-year to $2.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.3 billion (up 5.3% YoY) and the FY2025 annual result came in at $9.2 billion, up 4.91% from the prior year.
• Operating Expenses was $2.3 billion for Q1 2026 at S&P Global, 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.
• A 5-year average of $2.2 billion and a median of $2.2 billion in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 118.28% — and 2023, when it rose 0.19%.
• S&P Global's Operating Expenses stood at $2.2 billion in 2022, then grew by 1.62% to $2.3 billion in 2023, then increased by 3.05% to $2.3 billion in 2024, then grew by 7.67% to $2.5 billion in 2025, then fell by 6.69% to $2.3 billion in 2026.
• Business Quant data shows SPGI's Operating Expenses at $2.3 billion in Q1 2026, $2.5 billion in Q4 2025, and $2.2 billion in Q3 2025.