Sap Se (SAP) Cost of Revenue (2009 - 2026)
Sap Se (SAP) reported Cost of Revenue of $3.18 billion for Q3 2026, up 13.0% from $2.81 billion a year earlier and up 3.1% from the prior quarter.
Sap Se (SAP) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Sap Se's Cost of Revenue came in at $12.35 billion, up 15.8% year-over-year; for FY2025, it was $11.28 billion, up 12.8% from FY2024.
- Cost of Revenue has increased for three consecutive years, with a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $10 billion in FY2024 (+6.6%), $9.38 billion in FY2023 (+10.8%), $8.47 billion in FY2022 (-0.8%) and $8.54 billion in FY2021 (-5.1%).
- The Q3 2026 figure ranks as the highest quarterly Cost of Revenue in data going back to Q4 2009.
- Year over year, Cost of Revenue has now increased in each of the last 15 quarters, with growth averaging 12.2% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q1 2026 (growth of 19.4%); the low point was Q4 2022 (a decline of 11.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $3.08 billion (Q2 2026), $3.02 billion (Q1 2026) and $3.07 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 383.29 Mn |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | - |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 3.18 Bn |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 2.65 Bn |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 2.97 Bn |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 1.21 Bn |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 910.00 Mn |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | 35.79 Mn |
| 10 | Thomson Reuters | 50.52 Bn | 46.49 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.18 Bn |
| Jun 30, 2026 | 3.08 Bn |
| Mar 31, 2026 | 3.02 Bn |
| Dec 31, 2025 | 3.07 Bn |
| Sep 30, 2025 | 2.81 Bn |
| Jun 30, 2025 | 2.72 Bn |
| Mar 31, 2025 | 2.53 Bn |
| Dec 31, 2024 | 2.60 Bn |
| Sep 30, 2024 | 2.48 Bn |
| Jun 30, 2024 | 2.45 Bn |
| Mar 31, 2024 | 2.48 Bn |
| Dec 31, 2023 | 2.44 Bn |
| Sep 30, 2023 | 2.29 Bn |
| Jun 30, 2023 | 2.34 Bn |
| Mar 31, 2023 | 2.31 Bn |
| Dec 31, 2022 | 2.19 Bn |
| Sep 30, 2022 | 2.05 Bn |
| Jun 30, 2022 | 2.10 Bn |
| Mar 31, 2022 | 2.12 Bn |
| Dec 31, 2021 | 2.47 Bn |
Sap Se Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SAP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "SAP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=SAP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();