Sap Se (SAP) Net Margin (2009 - 2026)
Sap Se's quarterly Net Margin came in at 20.22% in Q1 2026, up 47.0% year-on-year from 13.75% in Q1 2025, and up 235.67% quarter-over-quarter from 14.9% in Q4 2025.
Sap Se has reported Net Margin for 18 years, with the latest figure at 20.22% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 47.0% year-over-year to 20.22%; the trailing twelve-month figure through Mar 2026 stood at 19.59% (down 473.0% YoY), and the FY2025 full-year result was 19.46%, up 1032.0% from the prior year.
- Net Margin for Q1 2026 stood at 20.22%, up from 14.9% in the prior quarter.
- The five-year high for Net Margin was 395.66% in Q4 2024, with the low at 14.9% in Q4 2025.
- Average Net Margin over 5 years is 38.03%, with a median of 16.5% recorded in 2023.
- Year-over-year, Net Margin surged 38124 bps in 2024 and slumped 41056 bps in 2025.
- Tracing SAP's Net Margin over 5 years: stood at 59.19% in 2022, then tumbled by 76 bps to 14.42% in 2023, then soared by 2644 bps to 395.66% in 2024, then tumbled by 104 bps to 14.9% in 2025, then jumped by 236 bps to 20.22% in 2026.
- The last three Net Margin figures came in at 20.22% (Q1 2026), 14.9% (Q4 2025), and 22.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Datadog | 78.54 Bn | 73.78 Bn | 797.20 Mn | 5.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.22% |
| Dec 31, 2025 | -14.90% |
| Sep 30, 2025 | 22.08% |
| Jun 30, 2025 | 19.27% |
| Mar 31, 2025 | 19.75% |
| Dec 31, 2024 | 395.66% |
| Sep 30, 2024 | 17.27% |
| Jun 30, 2024 | 0.37% |
| Mar 31, 2024 | -10.30% |
| Dec 31, 2023 | 14.42% |
| Sep 30, 2023 | 16.50% |
| Jun 30, 2023 | 41.85% |
| Mar 31, 2023 | 6.44% |
| Dec 31, 2022 | 59.19% |
| Sep 30, 2022 | 11.77% |
| Jun 30, 2022 | 11.85% |
| Mar 31, 2022 | 15.10% |
| Dec 31, 2021 | -64.72% |
| Sep 30, 2021 | 19.14% |
| Jun 30, 2021 | 18.41% |
| Mar 31, 2021 | 16.38% |
| Dec 31, 2020 | -52.23% |
| Sep 30, 2020 | 16.35% |
| Jun 30, 2020 | 12.67% |
| Mar 31, 2020 | 12.48% |
| Dec 31, 2019 | -56.64% |
| Sep 30, 2019 | 8.72% |
| Jun 30, 2019 | 4.47% |
| Mar 31, 2019 | -1.87% |
| Dec 31, 2018 | -57.11% |
| Sep 30, 2018 | 13.87% |
| Jun 30, 2018 | 12.66% |
| Mar 31, 2018 | 13.46% |
| Dec 31, 2017 | -55.59% |
| Sep 30, 2017 | 13.04% |
| Jun 30, 2017 | 10.74% |
| Mar 31, 2017 | 9.86% |
| Dec 31, 2016 | 5.47% |
| Sep 30, 2016 | 13.81% |
| Jun 30, 2016 | 13.93% |
| Mar 31, 2016 | 12.10% |
| Dec 31, 2015 | 20.19% |
| Sep 30, 2015 | 35.77% |
| Jun 30, 2015 | 9.35% |
| Mar 31, 2015 | 9.21% |
| Dec 31, 2014 | 23.98% |
| Sep 30, 2014 | 20.69% |
| Jun 30, 2014 | 13.42% |
| Mar 31, 2014 | 14.44% |
| Dec 31, 2013 | 25.93% |
| Sep 30, 2013 | 18.84% |
| Jun 30, 2013 | 17.85% |
| Mar 31, 2013 | 14.44% |
| Dec 31, 2012 | 21.92% |
| Sep 30, 2012 | 15.64% |
| Jun 30, 2012 | 16.96% |
| Mar 31, 2012 | 13.25% |
| Dec 31, 2011 | 26.61% |
| Sep 30, 2011 | 36.70% |
| Jun 30, 2011 | 17.79% |
| Mar 31, 2011 | 13.33% |
| Dec 31, 2010 | 10.77% |
| Sep 30, 2010 | 16.65% |
| Jun 30, 2010 | 16.93% |
| Mar 31, 2010 | 15.42% |
| Dec 31, 2009 | 21.35% |
| Sep 30, 2009 | 17.82% |
| Jun 30, 2009 | 16.50% |
| Mar 31, 2009 | 8.18% |