◆ TICKERBASE · US STOCK FINANCIAL DATA LIBRARY

Home › All stocks › SAP

SAP SE ADR (SAP) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - APPLICATION · DATA UPDATED 2026-07-19

SAP SE ADR (SAP) operates in the SOFTWARE - APPLICATION industry and is headquartered in Walldorf, Germany with about 112,019 employees. Its market capitalization is roughly $189 billion. In the fiscal year ended 2025-12-31, SAP reported $36.8B in revenue and $7.2B in net income.

SAP SE, together with its subsidiaries, provides enterprise application and business solutions worldwide.

Interactive charts & full statements → Open the SAP valuation workbench →

SAP Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$37.3B	$36.8B	$34.2B	$31.2B	$29.5B	$27.0B	$27.3B	$27.6B	$24.7B	$23.5B	$22.1B	$20.8B	$17.6B	$16.8B	$16.2B	$14.2B	$12.5B	$10.7B	$11.6B	$10.3B	$9.4B
Gross Profit	$27.2B	$26.8B	$24.9B	$22.5B	$21.5B	$19.7B	$19.5B	$19.2B	$17.2B	$16.4B	$15.5B	$14.5B	$12.6B	$11.8B	$11.1B	$9.9B	$8.6B	$7.2B	$7.5B	$6.9B	$6.2B
Gross Margin %	72.8%	72.9%	73.0%	72.2%	72.8%	73.2%	71.2%	69.7%	69.8%	70.0%	70.2%	70.0%	71.6%	70.1%	68.7%	69.4%	68.8%	67.1%	65.2%	66.8%	66.3%
Operating Income (EBIT)	$10.0B	$9.6B	$4.7B	$5.8B	$5.9B	$6.3B	$6.6B	$4.5B	$5.7B	$4.9B	$5.1B	$4.3B	$4.3B	$4.5B	$4.0B	$4.9B	$2.6B	$2.6B	$2.7B	$2.7B	$2.6B
Operating Margin %	26.9%	26.1%	13.7%	18.6%	20.0%	23.4%	24.2%	16.2%	23.1%	20.8%	23.3%	20.4%	24.7%	26.6%	24.9%	34.3%	20.8%	24.2%	23.3%	26.7%	27.4%
Net Income	$7.3B	$7.2B	$3.1B	$6.1B	$2.3B	$5.3B	$5.1B	$3.3B	$4.1B	$4.0B	$3.6B	$3.1B	$3.3B	$3.3B	$2.8B	$3.4B	$1.8B	$1.7B	$1.8B	$1.9B	$1.9B
Net Margin %	19.6%	19.5%	9.1%	19.7%	7.7%	19.5%	18.8%	12.0%	16.5%	17.1%	16.5%	14.7%	18.7%	19.8%	17.3%	24.1%	14.5%	16.4%	16.0%	18.7%	19.9%
EBITDA	$12.3B	$12.1B	$7.1B	$8.0B	$8.3B	$11.0B	$9.4B	$6.9B	$7.4B	$6.6B	$6.4B	$5.5B	$5.5B	$5.5B	$4.8B	$5.7B	$3.0B	$3.1B	$3.3B	$3.0B	$2.8B
Earnings Per Share (EPS)	$6.23	$6.09	$2.65	$5.20	$1.94	$4.45	$4.35	$2.78	$3.42	$3.35	$3.04	$2.56	$2.74	$2.78	$2.35	$2.89	$1.52	$1.47	$1.55	$1.59	$1.52
Shares Outstanding (M)	1,168M	1,175M	1,180M	1,180M	1,175M	1,180M	1,182M	1,194M	1,194M	1,198M	1,199M	1,198M	1,198M	1,195M	1,192M	1,190M	1,188M	1,188M	1,191M	1,210M	1,232M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SAP Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$9.6B	$9.7B	$9.1B	$9.0B	$9.0B	$9.4B	$8.5B	$8.3B
Gross Profit	$7.0B	$6.9B	$6.7B	$6.6B	$6.6B	$6.9B	$6.2B	$6.0B
Gross Margin %	73.0%	71.4%	73.5%	73.3%	73.3%	74.0%	73.3%	72.6%
Operating Income (EBIT)	$2.8B	$2.3B	$2.5B	$2.5B	$2.3B	$2.0B	$2.2B	$1.2B
Operating Margin %	28.8%	24.2%	27.4%	27.2%	25.9%	21.5%	26.1%	14.7%
Net Income	$1.9B	$1.7B	$2.0B	$1.7B	$1.8B	$1.6B	$1.5B	$888M
Net Margin %	20.2%	17.3%	22.1%	18.8%	19.8%	17.1%	17.3%	10.7%
EBITDA	$3.3B	$2.5B	$3.4B	$3.1B	$3.1B	$2.8B	$2.7B	$1.9B
Earnings Per Share (EPS)	$1.65	$1.43	$1.70	$1.44	$1.51	$1.36	$1.24	$0.76
Shares Outstanding (M)	1,168M	1,172M	1,177M	1,177M	1,177M	1,176M	1,178M	1,169M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SAP Free Cash Flow History

Cash flow	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$8.9B	$8.6B	$5.2B	$6.3B	$5.6B	$6.2B	$7.2B	$3.5B	$4.3B	$5.0B	$4.6B	$3.6B	$3.6B	$3.8B	$3.7B	$3.8B	$3.0B	$3.0B	$2.2B	$1.9B	$1.8B
Capital Expenditures (CapEx)	$805M	$710M	$797M	$785M	$874M	$800M	$816M	$817M	$1.5B	$1.3B	$1.0B	$636M	$737M	$566M	$543M	$445M	$334M	$225M	$339M	$402M	$367M
Free Cash Flow (FCF)	$8.1B	$7.9B	$4.4B	$5.5B	$4.8B	$5.4B	$6.4B	$2.7B	$2.8B	$3.8B	$3.6B	$3.0B	$2.8B	$3.3B	$3.1B	$3.3B	$2.6B	$2.8B	$1.8B	$1.5B	$1.5B
FCF Margin %	21.6%	21.6%	12.9%	17.8%	16.2%	20.1%	23.3%	9.7%	11.5%	16.1%	16.4%	14.4%	16.2%	19.4%	19.2%	23.4%	21.0%	26.3%	15.7%	15.0%	15.8%
Dividends Paid	$2.7B	$2.6B	$2.6B	$2.4B	$2.9B	$2.2B	$1.9B	$1.8B	$1.7B	$1.5B	$1.4B	$1.3B	$1.2B	$1.0B	$1.3B	$713M	$594M	$594M	$594M	$557M	$447M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SAP Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$3.5B	$1.3B	$1.5B	$2.6B	$3.8B	($550M)	$1.5B	$1.5B
Capital Expenditures (CapEx)	$238M	$176M	$201M	$190M	$168M	$269M	$163M	$178M
Free Cash Flow (FCF)	$3.3B	$1.1B	$1.3B	$2.4B	$3.6B	($819M)	$1.3B	$1.4B
FCF Margin %	34.3%	11.3%	14.3%	26.4%	40.1%	-8.7%	15.5%	16.4%
Dividends Paid	$0M	$14M	$95M	$2.5B	$0M	$2.6B	$2.6B	$2.6B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

SAP Balance Sheet History

Balance sheet	2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$73.5B	$70.3B	$74.1B	$68.3B	$72.2B	$71.2B	$58.5B	$67.6B	$51.5B	$42.5B	$44.4B	$41.4B	$38.4B	$27.1B	$26.9B	$23.2B	$20.7B	$13.9B	$14.2B	$10.4B	$9.5B
Cash & Cash Equivalents	$9.6B	$8.2B	$9.6B	$8.1B	$9.0B	$8.9B	$5.3B	$6.0B	$8.6B	$4.0B	$3.7B	$3.4B	$3.3B	$2.7B	$2.5B	$5.0B	$3.5B	$1.9B	$1.3B	$1.6B	$2.4B
Total Liabilities	$28.1B	$25.1B	$28.3B	$24.9B	$29.3B	$29.6B	$28.6B	$33.0B	$22.6B	$17.0B	$18.0B	$18.1B	$18.8B	$11.0B	$12.7B	$10.5B	$10.9B	$5.3B	$7.0B	$3.9B	$3.4B
Total Debt (Short + Long-Term)	$0M	$6.2B	$9.2B	$7.5B	$13.9B	$15.2B	$15.5B	$14.4B	$11.3B	$6.3B	$7.9B	$9.9B	$14.6B	$5.0B	$6.6B	$5.0B	$5.7B	$1.0B	$2.6B	$28M	$26M
Total Shareholders' Equity	$44.9B	$44.7B	$45.4B	$43.2B	$40.1B	$41.5B	$29.7B	$34.5B	$28.8B	$25.5B	$26.4B	$23.3B	$19.5B	$16.0B	$14.2B	$12.7B	$9.8B	$8.6B	$7.2B	$6.5B	$6.1B

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive SAP viewer.

Other Companies in SOFTWARE - APPLICATION

SHOP · Shopify Inc — $148 billion
SNOW · Snowflake Inc. — $93 billion
MSTR · MicroStrategy Incorporated — $33 billion

← SANM All stocks SAR →

About TickerBase · Data methodology & sources

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.