Sap Se (SAP) Gross Margin (2011 - 2026)

Sap Se (SAP) posted quarterly Gross Margin of 73.08% for Q2 2026, down 23.0% year-over-year from 94.91% in Q2 2025, and little changed quarter-over-quarter from 72.98% in Q1 2026.

Sap Se (SAP) Gross Margin (2011 - 2026) Analysis & Trends

Sap Se's Gross Margin history runs 16 years deep, the most recent figure standing at 73.08% for Q2 2026.

  • In Q2 2026, Gross Margin fell 23.0% year-over-year to 73.08%; the TTM figure through Jun 2026 stood at 141.33% (up 6748.0% YoY), while the FY2025 annual figure was 72.86%, down 9.0% from the prior year.
  • Gross Margin for Q2 2026 stood at 73.08%, roughly flat from 72.98% in the prior quarter.
  • The five-year high for Gross Margin was 4015.2% in Q4 2025, with the low at 12.75% in Q4 2022.
  • The 5-year median for Gross Margin is 72.88% (2023), against an average of 331.39%.
  • The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 74443 bps in 2024, then jumped 392688 bps in 2025.
  • Sap Se's Gross Margin stood at 12.75% in 2022, then soared by 6432 bps to 832.75% in 2023, then tumbled by 89 bps to 88.32% in 2024, then surged by 4446 bps to 4015.2% in 2025, then tumbled by 98 bps to 73.08% in 2026.
  • Business Quant data shows SAP's Gross Margin at 73.08% in Q2 2026, 72.98% in Q1 2026, and 4015.2% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 73.08%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 47.67%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 76.92%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 44.93%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 70.68%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 66.61%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 45.88%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 89.20%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 84.61%
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn 78.59%

Historic Data

Download Data
DateValue
Jun 30, 2026 73.08%
Mar 31, 2026 72.98%
Dec 31, 2025 4,015.20%
Sep 30, 2025 73.50%
Jun 30, 2025 73.31%
Mar 31, 2025 73.31%
Dec 31, 2024 88.32%
Sep 30, 2024 73.34%
Jun 30, 2024 72.13%
Mar 31, 2024 71.66%
Dec 31, 2023 832.75%
Sep 30, 2023 72.79%
Jun 30, 2023 71.60%
Mar 31, 2023 71.01%
Dec 31, 2022 12.75%
Sep 30, 2022 72.75%
Jun 30, 2022 72.44%
Mar 31, 2022 72.17%
Dec 31, 2021 -167.15%
Sep 30, 2021 70.86%