---
schema_version: "secwatch.filing_event.v1"
accession: "0000064040-23-000110"
form_type: "8-K"
ticker: "SPGI"
cik: "0000064040"
company_name: "S&P Global Inc."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:50:36.958578+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# S&P Global Q1 revenue $3.16B (+32%), adjusted EPS $3.15; reaffirms FY guidance

## Summary
- Q1 reported revenue $3.16B (+32% YoY); GAAP net income $795M (-36%), GAAP EPS $2.47 (-45%).
- Adjusted EPS $3.15 (+9% vs pro forma); adjusted operating margin 46.2% (+100 bps).
- Ratings revenue $824M (-5%); transaction revenue down 6% on lower debt issuance.
- Engineering Solutions divestiture to KKR expected to close May 2, 2023.
- Full-year GAAP EPS guided $8.65-$8.85; adjusted EPS reaffirmed $12.35-$12.55.

## SEC filing metadata
- accession: 0000064040-23-000110
- form_type: 8-K
- ticker: SPGI
- cik: 0000064040
- company_name: S&P Global Inc.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64040/000006404023000110/0000064040-23-000110-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64040/000006404023000110/spgi-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000064040-23-000110
- JSON: https://secwatch.observer/filing/0000064040-23-000110.json
- Plain text: https://secwatch.observer/filing/0000064040-23-000110.txt

## Key facts
- Earnings Releases
  S&P Global Inc. reported first quarter ended March 31, 2023 results: revenue $3.16 billion, net income $795 million, EPS $2.47. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $3.16 billion
  - Net income: $795 million
  - EPS: $2.47
  - Guidance: reaffirmed
  - Result: reported results
  source text: S&P Global (NYSE: SPGI) today reported first quarter 2023 results with reported revenue of $3.16 billion, an increase of 32% compared to the same period last year, primarily due to the inclusion of IHS Markit businesses, partially offset by declines in Ratings revenue. GAAP net income decreased 36% to $795 million and GAAP diluted earnings per share decreased 45% to $2.47 primarily due to the gain on sale of CUSIP in the first quarter of 2022, and the increase in shares outstanding as a result of the merger with IHS Markit.
  evidence_url: https://www.sec.gov/Archives/edgar/data/64040/000006404023000110/0000064040-23-000110-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.