other material
confidence high
sentiment neutral
materiality 0.80
S&P Global completes Mobility spin-off; provides recast financials for continuing operations
S&P Global Inc.
- Spin-off of Mobility Global (MBGL) completed July 1, 2026; S&P Global now operates four segments.
- Pro forma Q1 2026 continuing ops: revenue $3.7B, net income $1.33B, diluted EPS $4.48.
- Pro forma FY2025 continuing ops: revenue $13.6B, net income $4.19B, diluted EPS $13.74.
- New segment margins: Ratings 65%, Indices 70%, Energy 46%, Market Intelligence 33%.
- 2026 guidance reflecting spin-off to be provided with Q2 earnings on July 28, 2026.