SAP SE (SAPGF) stock

SAPGFOTCServices-Prepackaged SoftwareFiscal year ends December 31Also trades as SAP

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 26, 2026Score 12/30

$225.00+4.24 (+1.92%)

Close on Oct 19, 2026Market cap $276.41BP/E 33.0Yield 1.17%

SAP operating margin

Operating margin is operating income as a percentage of revenue.

For fiscal 2025 it was 26.1%, against 13.6% the year before. The highest annual figure on record is 26.1% in fiscal 2025.

Annual operating margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	26.1%	+12.5
FY2024	Dec 31, 2024	13.6%	−4.9
FY2023	Dec 31, 2023	18.6%	−1.5
FY2022	Dec 31, 2022	20.0%	−3.4
FY2021	Dec 31, 2021	23.4%	−0.8
FY2020	Dec 31, 2020	24.2%	+8.0
FY2019	Dec 31, 2019	16.2%	−6.8
FY2018	Dec 31, 2018	23.1%	+2.3
FY2017	Dec 31, 2017	20.8%	−2.5
FY2016	Dec 31, 2016	23.3%	+2.8
FY2015	Dec 31, 2015	20.4%	–

Where these numbers come from

Parsed from the XBRL in SAP's annual and quarterly filings with the SEC
Per-share figures adjusted for the 4-for-1 split on Jul 28, 1998
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Against peers

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is SAPGF.

Compare: SAPGF vs ORCL · SAPGF vs ADBE · SAPGF vs CRM · SAPGF vs NOW · SAPGF vs INFY

Revenue growth7.7% · median 16.8%

Gross margin72.9% · median 77.3%

Operating margin26.1% · median 26.0%

Net margin19.5% · median 24.2%

Company	Revenue	Growth
ORCL	$71.78B	+21.6%
CRM	$43.94B	+11.2%
SAPGF	€36.80B	+7.7%
ADBE	$25.97B	+12.0%
NOW	$15.43B	+21.8%
INFY	–	–

Company

Exchange: OTC
Industry: Services-Prepackaged Software
Fiscal year ends: December 31
Employees: 110,000
Auditor: BDO AG Wirtschaftsprufungsgesellschaft
SEC CIK: 1000184

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