Also trades as: SAP (NYSE) · $vol 565M

€184.90 ($207.15)

+0.98 (+0.53%)

Weekly Expected Move ±3.8%

€170 €177 €184 €191 €198

XETRA · Technology · Software - Application · Tech Score Buy · Power 62 · €212.3B mcap · 1.03B float · 0.269% daily turnover

Revenue

$36.8B +7.7% ▲

5Y CAGR: +6.1%

Gross Profit

$27.0B +8.5% ▲

5Y CAGR: +6.8%

Operating Income

$10.3B +120.6% ▲

5Y CAGR: +9.2%

Net Income

$7.3B +134.5% ▲

5Y CAGR: +7.3%

EPS (Diluted)

$6.24 +135.5% ▲

5Y CAGR: +7.5%

EBITDA

$13.2B +103.5% ▲

5Y CAGR: +7.0%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$27.0B	$29.5B	$31.2B	$34.2B	$36.8B
YoY Growth	-1.4%	+9.5%	+5.7%	+9.5%	+7.7%
Cost of Revenue	$7.2B	$8.0B	$8.7B	$9.2B	$9.8B
Gross Profit	$19.7B	$21.5B	$22.5B	$24.9B	$27.0B
Gross Margin	73.2%	72.8%	72.2%	73.0%	73.5%
R&D Expenses	$5.3B	$6.1B	$6.3B	$6.5B	$6.6B
SG&A Expenses	$8.0B	$9.2B	$10.2B	$10.5B	$10.1B
Operating Expenses	$13.4B	$15.6B	$16.7B	$20.3B	$16.7B
Operating Income	$6.3B	$5.9B	$5.8B	$4.7B	$10.3B
Operating Margin	23.4%	20.0%	18.6%	13.6%	28.0%
Interest Expense	$291M	$398M	$788M	$1.0B	$1.4B
Income Before Tax	$8.5B	$4.5B	$5.3B	$4.8B	$10.5B
Tax Expense	$1.7B	$1.4B	$1.7B	$1.6B	$3.0B
Net Income	$5.3B	$2.3B	$6.1B	$3.1B	$7.3B
Net Margin	19.5%	7.7%	19.7%	9.1%	19.9%
EPS (Diluted)	$4.56	$1.95	$5.17	$2.65	$6.24
EBITDA	$10.3B	$6.3B	$7.2B	$6.5B	$13.2B
Shares Outstanding	1.18B	1.18B	1.18B	1.18B	1.18B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$8.5B	$9.4B	$9.0B	$9.0B	$9.1B	$9.7B	$9.6B	$9.9B
Cost of Revenue	$2.3B	$2.4B	$2.4B	$2.4B	$2.4B	$2.6B	$2.6B	$2.6B
Gross Profit	$6.2B	$6.9B	$6.6B	$6.6B	$6.7B	$7.1B	$7.0B	$7.2B
Gross Margin	73.3%	74.0%	73.3%	73.6%	73.5%	73.0%	73.0%	73.2%
R&D Expenses	$1.6B	$1.7B	$1.7B	$1.6B	$1.6B	$1.7B	$1.7B	$1.8B
SG&A Expenses	$2.5B	$2.9B	$2.6B	$2.4B	$2.5B	$2.7B	$2.5B	$2.7B
Operating Expenses	$4.0B	$4.9B	$4.3B	$4.1B	$4.2B	$4.4B	$4.2B	$4.6B
Operating Income	$2.2B	$2.0B	$2.3B	$2.6B	$2.5B	$2.7B	$2.8B	$2.7B
Operating Margin	26.1%	21.5%	25.9%	28.6%	27.4%	27.6%	28.8%	26.8%
Interest Expense	$241M	$305M	$280M	$268M	$312M	$517M	$292M	$323M
Income Before Tax	$2.2B	$2.2B	$2.5B	$2.5B	$2.7B	$2.8B	$2.7B	$3.0B
Tax Expense	$710M	$591M	$672M	$753M	$694M	$871M	$800M	$797M
Net Income	$1.5B	$1.6B	$1.8B	$1.7B	$2.0B	$1.8B	$1.9B	$2.2B
Net Margin	17.3%	17.1%	19.7%	18.8%	22.1%	19.1%	20.2%	22.1%
EPS (Diluted)	$1.24	$1.36	$1.51	$1.45	$1.70	$1.58	$1.65	$1.88
EBITDA	$2.7B	$2.2B	$3.1B	$3.1B	$3.4B	$3.6B	$3.3B	$3.6B
Shares Outstanding	1.18B	1.18B	1.18B	1.17B	1.18B	1.17B	1.17B	1.16B

SAP.DE XETRA