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| Date | Value |
|---|---|
| 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% |