S&P Global files pro forma financials after Mobility segment separation

S&P Global Inc. (NYSE:SPGI) filed an 8-K with the U.S. Securities and Exchange Commission on Friday, providing unaudited pro forma condensed consolidated financial statements reflecting the separation of its S&P Global Mobility segment into a standalone public company, Mobility Global Inc.

According to the filing, the separation was completed on July 1, 2026. The pro forma financial statements include condensed consolidated statements of income for the six months ended June 30, 2026, as well as for the years ended December 31, 2025, 2024, and 2023. Additionally, an unaudited pro forma condensed consolidated balance sheet as of June 30, 2026, was provided. The company, with a market capitalization of $133.6 billion, reported revenue of $16.12 billion for the last twelve months as of Q2 2026, representing a solid 9.67% revenue growth.

The company stated that these financial statements are intended to show the effect of the Mobility segment separation on S&P Global’s consolidated financial results. The statements were furnished as Exhibit 99 to the 8-K and are incorporated by reference in the filing.

S&P Global’s common stock continues to trade on the New York Stock Exchange under the symbol SPGI. The company is incorporated in New York.

This information is based on a press release statement included in the SEC filing.

In other recent news, S&P Global has been involved in a series of notable developments. The company led a $110 million funding round for crypto data provider Kaiko, with participation from major financial institutions like BNP Paribas and Nasdaq. In terms of earnings, Jefferies has adjusted its outlook for S&P Global, maintaining a Buy rating but lowering the full-year revenue growth forecast to 8.1% year-over-year. Additionally, Baird reiterated its Outperform rating on S&P Global, noting the potential for a spin-off of its "Capital IQ Pro" platform, although specific details remain unclear.

Furthermore, reports suggest S&P Global is considering a multibillion-dollar spinout of its data platform CapIQ, which has generated significant interest. This potential move has been linked to a rise in S&P shares, reflecting investor interest. Meanwhile, Goldman Sachs provided insights from its Silicon Valley AI field trip, discussing how artificial intelligence could impact firms in the business and information services sector, including those within S&P Global’s coverage universe. These developments highlight the dynamic environment surrounding S&P Global as it navigates strategic opportunities and market challenges.