S&P Global profit jumps, strikes datacenterHawk, Agusto deals

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July 28, 2026 8:42 AM EDT

The S&P Global logo is seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration

July 28 (Reuters) - S&P Global ‌reported a ​stronger ​second-quarter profit on Tuesday, as clients sought its ratings, indices, market intelligence and analytics products amid ‌heightened geopolitical uncertainty.

The financial information company also announced ⁠deals to buy data center intelligence provider datacenterHawk and take a ‌majority stake in African ratings ‌agency Agusto & Co., expanding its analytics, infrastructure and credit ratings businesses.

Here are some details:

• The New York-based company's ​revenue rose 10% to $4.15 billion and adjusted earnings increasing 23% to $4.83 per share on strength in its Ratings, ⁠Indices and Market Intelligence businesses.

• The company revised its 2026 outlook following the ​July 1 spin-off of its Mobility business, and now expects adjusted diluted earnings per share of $17.50-$17.75 ​and revenue growth of 5.9%-7.9% ‌for 2026.

• S&P completed the spin-off of its automotive data and analytics business, Mobility, on ⁠July 1, creating an independent publicly listed company, Mobility Global, and sharpening its focus on its core ratings, indices, market intelligence ⁠and energy businesses.

• The company is grouped within the broader software ​and services sector because its core operations, including financial data provision, analytics and credit ratings, rely heavily on proprietary datasets and advanced computational ‌tools.

• Separately, S&P agreed to acquire DataCenterHawk, a provider of data center market intelligence, ‌for an undisclosed amount, and take a majority stake in ⁠Pan-African ratings agency Agusto & ‌Co., extending its reach ​in digital infrastructure analytics and African credit markets.

(Reporting by Atharva Singh in Bengaluru; Editing by tasimZ ‌ahid)


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