S&P Global annual operating expenses
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S&P Global Operating Expenses Growth & History (SPGI)
S&P Global's operating expenses was $4.29B for fiscal 2025.
View full S&P Global company overviewS&P Global annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.29B | $28.0M | +0.66% |
| 2024 | 2024-12-31 | $4.27B | −$4.18B | −49.46% |
| 2023 | 2023-12-31 | $8.44B | $5.96B | +239.90% |
| 2022 | 2022-12-31 | $2.48B | −$1.60B | −39.22% |
| 2021 | 2021-12-31 | $4.09B | $246.0M | +6.40% |
| 2020 | 2020-12-31 | $3.84B | $319.0M | +9.06% |
| 2019 | 2019-12-31 | $3.52B | $54.0M | +1.56% |
| 2018 | 2018-12-31 | $3.47B | −$12.0M | −0.34% |
| 2017 | 2017-12-31 | $3.48B | $59.0M | +1.72% |
| 2016 | 2016-12-31 | $3.42B | $14.0M | +0.41% |
| 2015 | 2015-12-31 | $3.41B | −$1.52B | −30.88% |
| 2014 | 2014-12-31 | $4.93B | $1.60B | +47.93% |
| 2013 | 2013-12-31 | $3.33B | $180.0M | +5.71% |
| 2012 | 2012-12-31 | $3.15B | $262.0M | +9.07% |
| 2011 | 2011-12-31 | $2.89B | $270.0M | +10.31% |
| 2010 | 2010-12-31 | $2.62B | −$1.99B | −43.14% |
| 2009 | 2009-12-31 | $4.61B | −$372.4M | −7.48% |
| 2008 | 2008-12-31 | $4.98B | −$132.3M | −2.59% |
| 2007 | 2007-12-31 | $5.11B | — | — |
S&P Global quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.18B | $95.0M | +8.76% |
| Q1 2026 | 2026-03-31 | $934.0M | −$112.0M | −10.71% |
| Q4 2025 | 2025-12-31 | $1.07B | $1.01B | +1686.67% |
| Q3 2025 | 2025-09-30 | $2.22B | $1.14B | +106.32% |
| Q2 2025 | 2025-06-30 | $1.08B | $66.0M | +6.48% |
| Q1 2025 | 2025-03-31 | $1.05B | −$1.07B | −50.47% |
| Q4 2024 | 2024-12-31 | $60.0M | −$4.27B | −98.62% |
| Q3 2024 | 2024-09-30 | $1.08B | −$942.0M | −46.68% |
| Q2 2024 | 2024-06-30 | $1.02B | −$145.0M | −12.46% |
| Q1 2024 | 2024-03-31 | $2.11B | $1.18B | +127.59% |
| Q4 2023 | 2023-12-31 | $4.33B | $3.12B | +257.21% |
| Q3 2023 | 2023-09-30 | $2.02B | $6.0M | +0.30% |
| Q2 2023 | 2023-06-30 | $1.16B | $660.0M | +130.95% |
| Q1 2023 | 2023-03-31 | $928.0M | — | — |
| Q4 2022 | 2022-12-31 | $1.21B | $22.0M | +1.85% |
| Q3 2022 | 2022-09-30 | $2.01B | $1.00B | +99.80% |
| Q2 2022 | 2022-06-30 | $504.0M | −$448.0M | −47.06% |
| Q4 2021 | 2021-12-31 | $1.19B | −$1.07B | −47.32% |
| Q3 2021 | 2021-09-30 | $1.01B | $622.0M | +161.56% |
| Q2 2021 | 2021-06-30 | $952.0M | $113.0M | +13.47% |
| Q1 2021 | 2021-03-31 | $937.0M | $581.0M | +163.20% |
| Q4 2020 | 2020-12-31 | $2.26B | $814.0M | +56.25% |
| Q3 2020 | 2020-09-30 | $385.0M | $67.0M | +21.07% |
| Q2 2020 | 2020-06-30 | $839.0M | −$52.0M | −5.84% |
| Q1 2020 | 2020-03-31 | $356.0M | −$510.0M | −58.89% |
| Q4 2019 | 2019-12-31 | $1.45B | $614.0M | +73.71% |
| Q3 2019 | 2019-09-30 | $318.0M | −$524.0M | −62.23% |
| Q2 2019 | 2019-06-30 | $891.0M | −$46.0M | −4.91% |
| Q1 2019 | 2019-03-31 | $866.0M | $10.0M | +1.17% |
| Q4 2018 | 2018-12-31 | $833.0M | −$128.0M | −13.32% |
| Q3 2018 | 2018-09-30 | $842.0M | −$22.0M | −2.55% |
| Q2 2018 | 2018-06-30 | $937.0M | $96.0M | +11.41% |
| Q1 2018 | 2018-03-31 | $856.0M | $42.0M | +5.16% |
| Q4 2017 | 2017-12-31 | $961.0M | $839.0M | +687.70% |
| Q3 2017 | 2017-09-30 | $864.0M | — | — |
| Q2 2017 | 2017-06-30 | $841.0M | $10.0M | +1.20% |
| Q1 2017 | 2017-03-31 | $814.0M | −$15.0M | −1.81% |
| Q4 2016 | 2016-12-31 | $122.0M | −$828.0M | −87.16% |
| Q2 2016 | 2016-06-30 | $831.0M | $60.0M | +7.78% |
| Q1 2016 | 2016-03-31 | $829.0M | $57.0M | +7.38% |
| Q4 2015 | 2015-12-31 | $950.0M | −$1.49B | −61.05% |
| Q3 2015 | 2015-09-30 | $914.0M | $17.0M | +1.90% |
| Q2 2015 | 2015-06-30 | $771.0M | −$46.0M | −5.63% |
| Q1 2015 | 2015-03-31 | $772.0M | −$4.0M | −0.52% |
| Q4 2014 | 2014-12-31 | $2.44B | $1.60B | +192.45% |
| Q3 2014 | 2014-09-30 | $897.0M | $116.0M | +14.85% |
| Q2 2014 | 2014-06-30 | $817.0M | $3.0M | +0.37% |
| Q1 2014 | 2014-03-31 | $776.0M | −$127.0M | −14.06% |
| Q4 2013 | 2013-12-31 | $834.0M | $40.0M | +5.04% |
| Q3 2013 | 2013-09-30 | $781.0M | −$60.0M | −7.13% |
| Q2 2013 | 2013-06-30 | $814.0M | $50.0M | +6.54% |
| Q1 2013 | 2013-03-31 | $903.0M | $150.0M | +19.92% |
| Q4 2012 | 2012-12-31 | $794.0M | −$345.0M | −30.29% |
| Q3 2012 | 2012-09-30 | $841.0M | −$460.0M | −35.36% |
| Q2 2012 | 2012-06-30 | $764.0M | −$448.0M | −36.96% |
| Q1 2012 | 2012-03-31 | $753.0M | −$292.0M | −27.94% |
| Q4 2011 | 2011-12-31 | $1.14B | — | — |
| Q3 2011 | 2011-09-30 | $1.30B | −$36.3M | −2.71% |
| Q2 2011 | 2011-06-30 | $1.21B | $64.2M | +5.59% |
| Q1 2011 | 2011-03-31 | $1.04B | $44.9M | +4.49% |
| Q3 2010 | 2010-09-30 | $1.34B | $17.4M | +1.32% |
| Q2 2010 | 2010-06-30 | $1.15B | −$21.1M | −1.80% |
| Q1 2010 | 2010-03-31 | $1.00B | −$23.8M | −2.32% |
| Q4 2009 | 2009-12-31 | $1.10B | — | — |
| Q3 2009 | 2009-09-30 | $1.32B | −$75.7M | −5.42% |
| Q2 2009 | 2009-06-30 | $1.17B | −$139.7M | −10.68% |
| Q1 2009 | 2009-03-31 | $1.02B | — | — |
| Q3 2008 | 2008-09-30 | $1.40B | — | — |
| Q2 2008 | 2008-06-30 | $1.31B | — | — |
S&P Global operating expenses trends
Over the last five fiscal years, S&P Global's operating expenses increased from $3.84B to $4.29B, a change of $454.0M. The latest reported quarter, Q2 2026, shows $1.18B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review S&P Global source filings ↗