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

Sap Se's (SAP) quarterly Gross Margin came in at 72.98% in Q1 2026, down 33.0% year-on-year from 108.92% in Q1 2025, and down 98.18% quarter-over-quarter from 4015.2% in Q4 2025.

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 72.98% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 33.0% year-over-year to 72.98% in Q1 2026; TTM through Mar 2026 was 144.88%, a 7154.0% increase from a year earlier, with the FY2025 full-year figure at 72.86%, down 9.0% from the prior year.
  • Gross Margin fell to 72.98% in Q1 2026 per SAP's latest filing, from 4015.2% in the prior quarter.
  • Across five years, Gross Margin topped out at 4015.2% in Q4 2025 and bottomed at 12.75% in Q4 2022.
  • The 5-year median for Gross Margin is 72.79% (2023), against an average of 346.59%.
  • Across the five-year window, Gross Margin tumbled 74443 bps in 2024 and jumped 392688 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 12.75% in 2022, then jumped by 6432 bps to 832.75% in 2023, then slumped by 89 bps to 88.32% in 2024, then soared by 4446 bps to 4015.2% in 2025, then tumbled by 98 bps to 72.98% in 2026.
  • Per Business Quant, the three latest SAP Gross Margin figures stand at 72.98% (Q1 2026), 4015.2% (Q4 2025), and 73.5% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 72.98%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 48.77%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 45.03%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 76.92%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 70.68%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 48.28%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 66.61%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 95.85%
10 Datadog 86.34 Bn 81.58 Bn 797.20 Mn 79.21%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 70.58%