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

Sap Se (SAP) posted quarterly Net Margin of 21.16% for Q2 2026, up 189.0% year-over-year from 7.32% in Q2 2025, and up 4.65% quarter-over-quarter from 20.22% in Q1 2026.

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

Sap Se's Net Margin history runs 18 years deep, the most recent figure standing at 21.16% for Q2 2026.

  • In Q2 2026, Net Margin rose 189.0% year-over-year to 21.16%; the TTM figure through Jun 2026 stood at 20.52% (down 1163.0% YoY), while the FY2025 annual figure was 19.46%, up 1032.0% from the prior year.
  • Net Margin for Q2 2026 stood at 21.16%, up from 20.22% in the prior quarter.
  • The five-year high for Net Margin was 863.89% in Q4 2023, with the low at 14.9% in Q4 2025.
  • The 5-year median for Net Margin is 16.89% (2023), against an average of 80.32%.
  • The sharpest annual moves came in 2023 and 2024: Net Margin surged 87621 bps in 2023, then sank 46823 bps in 2024.
  • Sap Se's Net Margin stood at 12.31% in 2022, then jumped by 7116 bps to 863.89% in 2023, then plunged by 54 bps to 395.66% in 2024, then tumbled by 104 bps to 14.9% in 2025, then surged by 242 bps to 21.16% in 2026.
  • Business Quant data shows SAP's Net Margin at 21.16% in Q2 2026, 20.22% in Q1 2026, and 14.9% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 21.16%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 41.92%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 18.93%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 17.17%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 7.47%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -21.25%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 17.88%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 25.87%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 35.80%
10 Datadog 91.70 Bn 86.71 Bn 881.34 Mn 3.97%

Historic Data

Download Data
DateValue
Jun 30, 2026 21.16%
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 863.89%
Sep 30, 2023 16.50%
Jun 30, 2023 41.85%
Mar 31, 2023 6.44%
Dec 31, 2022 -12.31%
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%