S&P Global completed the spin-off of its Mobility division on July 1, leaving a four-division portfolio centered on ratings, benchmarks, data and analytics. Pro forma revenues increased 11% in the second quarter, while adjusted operating profit rose 15% and adjusted operating margin expanded 200 basis points to 54.3%. The company is expanding its use of artificial intelligence across products and internal operations, with customers using its large language model-ready data interfaces exceeding 500 in the second quarter, up more than 70% sequentially. Management expects organic constant-currency revenue growth of 6% to 8% for 2026, with adjusted operating margin projected to expand 35 to 60 basis points, or 75 to 100 basis points excluding OSTTRA. The Enterprise Data Organization has achieved nearly 60% of its targeted $100 million in annualized savings through AI-driven efficiencies and traditional productivity measures, with the full target expected before the end of 2027.
S&P Global IncS&P Global's spin-off and strong Q2 results with margin expansion and AI-driven savings are positive for the company.
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