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MARKETS / NYSE / SAP
NYSE · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

SAP SE SAP

11 fiscal years on record · EUR · FY2025 reported · SEC filings only
€36.8B
▲ 7.7% YoY
€7.2B
▲ 129.2% YoY
In brief

What this company does

SAP SE develops and delivers a portfolio of cloud solutions, services and support that address the business needs of its customers. It derives revenue from fees charged to customers for subscriptions to use its cloud solutions, and software licenses, on-premise support, consulting, development, training and other services also contribute significant revenue. The SAP Group has a global presence and employed more than 110,000 people as at December 31, 2025. SAP SE is the ultimate parent company of that group, which comprised 216 companies at the same date. SAP Business Suite brings together a set of integrated solutions in which applications, data and AI work as one. SAP Business Technology Platform is the foundation of that portfolio, facilitating development, extensions and integrations. The RISE with SAP offering is targeted at installed base customers moving from legacy ERP systems, and SAP GROW at new SAP Business Suite customers with revenues ranging primarily from below €50 million to in excess of €1 billion. Founded in 1972, the company is headquartered in Walldorf, Germany.

Written from the business description in SAP SE's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
EUR 36.8B
Revenue, FY2025 · full 11-year series below
Revenue €B Net income €B
FY2025 · Revenue 36.8 · Net income 7.2
20B201520172019202120232025
Compound annual growth
+7.6%
+6.1%
+5.9%
+46.4%
+6.8%
+8.9%
+46.5%
+7.0%
+9.1%
−1.4%
+8.3%
+2.3%
+6.9%
+13.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.1% a year over five years — but profit grew faster: net income at +6.8%, earnings per share at +7.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
20 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 26.1% · Net 19.9%
10%20%201520172019202120232025
ROE
FY2025 · ROE 15.9%
5%10%15%201520172019202120232025

Each EUR of equity produced 16 cents of profit this year.

Cash & shareholders
EUR 4.7B
returned in FY2025 · dividends + net buybacks
Net buybacks €B Dividends €B
FY2025 · Dividends 2.7 · Net buybacks 1.9
2B4BDividendsNet buybacks201520172019202120232025

EUR 2.7B in dividends and EUR 1.9B in buybacks — 65% of the year's profit went back to shareholders.

Total assetsEUR 70.4B
EquityEUR 44.6B
CashEUR 8.2B
Gross debtEUR 6.2B
Net debtEUR -2.1B
Current ratio1.16×

The company holds more cash than debt.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · EUR
row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue €B36.834.231.229.527.027.327.624.723.522.120.8
Operating income €B9.64.75.85.96.36.64.55.74.95.14.3
EBITDA €B···········
Income tax €B2.91.61.71.41.71.91.21.51.01.20.9
Net income €B7.23.16.12.35.35.13.34.14.03.63.1
EPS, diluted6.102.655.201.944.464.352.783.423.353.042.56
Dividend / sh2.352.202.052.451.851.581.501.401.251.15·
Payout %38823912542365441423843
ROE %15.97.114.75.815.317.011.115.015.513.8·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 42 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNYSE
Incorporated inoutside the United States — SEC code 2M
Fiscal year endsDecember 31
Data on record since2015

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