S&P Global provided pro forma segment results for full-year 2025 and Q1 2026 excluding contributions from the newly spun-off Mobility division. It updated expense allocations and margins across all divisions, introduced Energy and Market Intelligence lines and will issue spin-off-adjusted 2026 guidance on the July 28 earnings call.
Following the July 1 spin-off of Mobility, S&P Global has recast its results by excluding the division, issuing pro forma segment financials for full-year 2025 and Q1 2026 with inter-segment adjustments and updated allocation methodologies.
The company introduced new business lines for Energy and Market Intelligence, recalibrated allocated expenses and margins across the enterprise and all divisions, and refined its reporting structures to align with the post-spin landscape.
S&P Global plans to provide 2026 guidance reflecting the Mobility separation during its second-quarter earnings call on July 28, enabling investors to assess the company’s outlook without the former division’s impact.
