Strong Revenue Growth: S&P Global reported a 6% year-over-year increase in revenue for Q2 2025, with subscription revenue specifically up 7%. The Market Intelligence division had a particularly strong performance, achieving 7% organic constant currency revenue growth, driven by improved execution, customer engagement, and sales incentive alignment.

Margin Expansion: The company achieved a 150 basis point margin expansion on a trailing 12-month basis, with disciplined expense management and strong operational execution. Market Intelligence's operating margin improved by 240 basis points to 35.3%. Despite the positive growth and margins, the company did not alter their margin guidance, indicating cautious optimism.

Outlook for 2025: S&P Global revised its adjusted diluted EPS forecast to $17 to $17.25, reflecting a 10% year-over-year growth potential at the high end. Revenue growth is projected between 5% to 7%, with Ratings expected to grow 2% to 5%, an increase from prior guidance. However, there are anticipated challenges in Commodity Insights, leading to a slight reduction in its revenue outlook.