SAP SE
SAPGF- Exchange
- OTC
- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001000184
No open-market purchases or sales by SAP SE insiders were filed in the last 90 days; 7 institutions reported holding it in 13F filings for Q2 2026, worth $24.7M in total; no superinvestor holds it.
Other share classesSAP
- Currency
- EUR
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:03 PM ET
Amounts are in EUR, the currency SAP SE reports in. Lines marked ≈ US$ convert key figures to US dollars.
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Revenue | EUR 36.8B≈ US$41.6B | EUR 34.2B≈ US$37.0B | EUR 31.2B≈ US$33.8B | EUR 30.9B≈ US$32.5B | EUR 27.8B≈ US$32.9B |
| Cost of revenue | EUR 9.99B | EUR 9.24B | EUR 8.67B | EUR 8.94B | EUR 7.95B |
| Gross profit | EUR 26.8B | EUR 24.9B | EUR 22.5B | EUR 21.9B | EUR 19.9B |
| Operating expenses | EUR 27.2B | EUR 29.5B | EUR 25.4B | EUR 26.2B | EUR 23.2B |
| Research and development | EUR 6.63B | EUR 6.51B | EUR 6.32B | EUR 6.17B | EUR 5.19B |
| Selling, general and administrative | EUR 1.63B | EUR 1.44B | EUR 1.36B | EUR 2.07B | EUR 2.43B |
| Operating income | EUR 9.62B | EUR 4.67B | EUR 5.79B | EUR 4.67B | EUR 4.66B |
| Interest expense | EUR 1.38B | EUR 1.03B | EUR 1.31B | EUR 2.21B | EUR 949.0M |
| Income tax | EUR 2.94B | EUR 1.61B | EUR 1.74B | EUR 1.38B | EUR 1.47B |
| Net income | EUR 7.33B≈ US$8.28B | EUR 3.15B≈ US$3.41B | EUR 5.96B≈ US$6.45B | EUR 1.71B≈ US$1.80B | EUR 5.38B≈ US$6.36B |
| EPS, basic | EUR 6.14 | EUR 2.68 | EUR 5.26 | EUR 1.95 | EUR 4.46 |
| EPS, diluted | EUR 6.10 | EUR 2.65 | EUR 5.20 | EUR 1.94 | EUR 4.46 |
| Weighted shares, basic | 1.17B | 1.17B | 1.17B | 1.17B | 1.18B |
| Weighted shares, diluted | 1.18B | 1.18B | 1.18B | 1.18B | 1.18B |
| Margins and growth | |||||
| Gross margin | 72.9% | 73.0% | 72.2% | 71.1% | 71.5% |
| Operating margin | 26.1% | 13.6% | 18.5% | 15.1% | 16.7% |
| Net margin | 19.9% | 9.2% | 19.1% | 5.5% | 19.3% |
| Revenue growth, year over year | +7.7% | +9.5% | +1.1% | +10.9% | +1.8% |
| Net income growth, year over year | +132.6% | −47.2% | +249.2% | −68.2% | +1.8% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Cash and equivalents | EUR 8.22B | EUR 9.61B | EUR 8.12B | EUR 9.01B | EUR 8.90B |
| Accounts receivable | EUR 5.79B | EUR 6.23B | EUR 5.89B | EUR 5.78B | EUR 5.89B |
| Total current assets | EUR 20.3B | EUR 21.4B | EUR 20.6B | EUR 18.5B | EUR 20.0B |
| Property, plant and equipment | – | – | – | EUR 4.93B | EUR 4.98B |
| Goodwill | EUR 29.0B | EUR 31.1B | EUR 29.1B | EUR 33.1B | EUR 31.1B |
| Intangible assets | EUR 2.28B | EUR 2.71B | – | EUR 3.83B | EUR 3.97B |
| Total assets | EUR 70.4B≈ US$82.6B | EUR 74.1B≈ US$76.7B | EUR 68.3B≈ US$75.6B | EUR 72.2B≈ US$77.2B | EUR 71.2B≈ US$80.5B |
| Accounts payable | EUR 2.43B | EUR 1.99B | EUR 1.78B | EUR 2.15B | EUR 1.58B |
| Total current liabilities | EUR 17.4B | EUR 19.1B | EUR 14.6B | EUR 17.5B | EUR 16.1B |
| Long-term debt | EUR 4.55B | EUR 5.75B | EUR 6.61B | EUR 7.78B | EUR 9.34B |
| Total liabilities | EUR 25.3B | EUR 28.3B | EUR 24.9B | EUR 29.3B | EUR 29.6B |
| Shareholders' equity | EUR 45.1B | EUR 45.8B | EUR 43.4B | EUR 42.8B | EUR 41.5B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 20-F | 20-F | 20-F | 20-F | 20-F |
| Reported | – | – | – | – | – |
| Operating cash flow | EUR 9.16B≈ US$10.4B | EUR 5.22B≈ US$5.65B | EUR 6.33B≈ US$6.85B | EUR 5.65B≈ US$5.95B | EUR 6.22B≈ US$7.36B |
| Stock-based compensation | EUR 1.70B | EUR 2.38B | EUR 2.22B | EUR 2.61B | EUR 2.79B |
| Share buybacks | EUR 1.94B | EUR 2.11B | EUR 949.0M | EUR 1.50B | EUR 0 |
| Investing cash flow | EUR -965.0M | EUR -656.0M | EUR 906.0M | EUR 667.0M | EUR -3.06B |
| Financing cash flow | EUR -8.74B | EUR -3.41B | EUR -7.73B | EUR -6.34B | EUR -56.0M |
| Net change in cash | EUR -1.39B | EUR 1.49B | EUR -883.0M | EUR 109.0M | EUR 3.59B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 4.6% | 7.0% | 7.1% | 8.5% | 10.0% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- ≈ US$ figures convert EUR at FRED H.10 exchange rates (Federal Reserve): the average rate over the period for income and cash flow, and the rate on the period-end date, or the last business day before it, for the balance sheet.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.