Sap Se (SAP) FCF Margin (2009 - 2026)

Sap Se's (SAP) quarterly FCF Margin came in at 39.26% in Q1 2026, down 455.0% year-on-year from 11.06% in Q1 2025, and up 103.25% quarter-over-quarter from 1207.3% in Q4 2025.

Sap Se (SAP) FCF Margin (2009 - 2026) Analysis & Trends

Sap Se's FCF Margin history runs 18 years deep, the most recent figure standing at 39.26% for Q1 2026.

  • On a quarterly basis, FCF Margin fell 455.0% year-over-year to 39.26% in Q1 2026; TTM through Mar 2026 was 28.85%, a 590.0% increase from a year earlier, with the FY2025 full-year figure at 26.89%, up 932.0% from the prior year.
  • FCF Margin improved to 39.26% in Q1 2026 per SAP's latest filing, from 1207.3% in the prior quarter.
  • Across five years, FCF Margin topped out at 529.53% in Q4 2023 and bottomed at 1207.3% in Q4 2025.
  • The 5-year median for FCF Margin is 39.78% (2022), against an average of 31.66%.
  • Across the five-year window, FCF Margin soared 48435 bps in 2023 and plunged 105745 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 45.18% in 2022, then soared by 1072 bps to 529.53% in 2023, then sank by 200 bps to 527.92% in 2024, then plunged by 129 bps to 1207.3% in 2025, then surged by 103 bps to 39.26% in 2026.
  • Per Business Quant, the three latest SAP FCF Margin figures stand at 39.26% (Q1 2026), 1207.3% (Q4 2025), and 92.75% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 39.26%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 15.02%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 17.31%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 58.89%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 11.86%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 36.83%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 16.73%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 20.82%
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 32.12%

Historic Data

Download Data
DateValue
Mar 31, 2026 39.26%
Dec 31, 2025 -1,207.30%
Sep 30, 2025 92.75%
Jun 30, 2025 37.22%
Mar 31, 2025 43.80%
Dec 31, 2024 -527.92%
Sep 30, 2024 74.60%
Jun 30, 2024 29.11%
Mar 31, 2024 38.12%
Dec 31, 2023 529.53%
Sep 30, 2023 64.04%
Jun 30, 2023 48.36%
Mar 31, 2023 35.34%
Dec 31, 2022 45.18%
Sep 30, 2022 57.34%
Jun 30, 2022 22.60%
Mar 31, 2022 39.78%
Dec 31, 2021 39.00%
Sep 30, 2021 27.69%
Jun 30, 2021 31.61%