S&P Global Inc. (SPGI) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:06.241 Good morning and welcome to S&P Global's fourth quarter and full year 2025 earnings. 00:00:49.947 -- 00:00:55.635 Today's call are Martina Chung, President and Chief Executive Officer, and Eric Abouaf, 00:00:55.635 -- 00:00:57.959 Chief Financial Officer. 00:00:57.959 -- 00:01:00.863 We issued a press release with our results earlier today. 00:01:00.863 -- 00:01:04.989 In addition, we have posted a supplemental slide deck with additional information on 00:01:04.989 -- 00:01:09.816 our results and guidance. If you need a copy of the release and financial schedules or 00:01:09.816 -- 00:01:14.500 the supplemental deck, they can be downloaded at investor.spglobal.com. 00:01:16.222 -- 00:01:20.229 The matters discussed in today's conference call may contain forward-looking statements 00:01:20.229 -- 00:01:25.036 within the meaning of the Private Securities Litigation Reform Act of 1995, including 00:01:25.036 -- 00:01:28.542 projections, estimates, and descriptions of future events. 00:01:28.542 -- 00:01:33.109 Any such statements are based on current expectations and current economic conditions 00:01:33.109 -- 00:01:38.138 and are subject to risks and uncertainties that may cause actual results to differ materially 00:01:38.138 -- 00:01:41.534 from results anticipated in these forward-looking statements. 00:01:41.534 -- 00:01:45.680 Additional information concerning these risks and uncertainties can be found in our Forms 00:01:45.680 -- 00:01:50.948 10-K and 10-Q filed with the U.S. Securities and Exchange Commission. 00:01:50.948 -- 00:01:55.195 In today's earnings release and during the conference call, we're providing non-GAAP 00:01:55.195 -- 00:02:00.322 adjusted financial information. This information is provided to enable invest...