S&P Global (SPGI) Revenue — Quarter Ended Sep 30, 2025
Revenue rose in the current quarter compared to both the prior quarter and the same period a year earlier. The pace of growth slowed slightly from the preceding quarter but remained well above the level of the year-ago quarter.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue rose in the current quarter compared to both the prior quarter and the same period a year earlier. The pace of growth slowed slightly from the preceding quarter but remained well above the level of the year-ago quarter.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
+3.5%
Change from the immediately preceding quarter.
Year-over-year
+8.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$15B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $3.6B | +14.0% |
| Mar 31, 2025 | $3.8B | +8.2% |
| Jun 30, 2025 | $3.8B | +5.8% |
| Sep 30, 2025 | $3.9B | +8.8% |
Revenue performance
The reported revenue increased versus the immediately preceding quarter. The sequential growth rate was lower than the prior quarter's sequential gain.
Quarterly comparison
Revenue also grew compared with the same quarter one year earlier, with the year-over-year percentage matching the largest increase observed in the trailing four quarters. The year-ago comparison showed stronger growth than the sequential comparison.
What to watch
Revenue growth decelerated sequentially, and the next quarter's trend will be important to see if the pace stabilizes or continues to slow.